Adrian JohnsonFabits, an Indian deep tech-enabled investment startup, has raised a pre-seed round of funding led by WMUIndia, a wealth management firm. Fabits aims to target customers for financial planning and wealth management and create personalized portfolios. The funds will be used to enhance Fabits’ deep tech model and expand its B2B initiatives in the mutual fund distribution industry. Fabits provides financial goal-based offerings and recommendations and focuses on strategic collaborations with key players in the space of wealth management. The CEO and Co-Founder of Fabits, Ajath Anjanappa, stated that the funding will be used to build the core product and technology and for marketing and customer acquisition.
Fabits: The Future of Deep-Tech, Powered by WMUIndia’s Pre-Seed Round
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