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Karnataka-based online robo-advisor offering mutual fund investment advice to individual investors in India.
WealthApp Financial Advisors Pvt. Ltd. runs an online robo-advisor that creates personalized mutual fund portfolios across equity, debt, one-time and systematic investment plans, based on users' answers about age, assets, goals and risk tolerance. Founded in 2016 and based in Karnataka, India, it raised INR 30 million in angel funding from individual investors in December 2016. In March 2021, its mutual fund distribution business was acquired by CashRich, which plans to merge the assets under its management.
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