BENGALURU: Technology-based investment startup Cube Wealth has raised mid-series funding of $500,000, led by founder Satyen Kothari, along with existing investors Singapore-based venture fund Beenext and Japan-based Asuka Holding participating in the round.
The funds will be used to expand its engineering as well as growth marketing teams. Cube Wealth has also launched a new cross-border SaaS service and marketplace called Cube Cloud to help fund managers in India and South East Asia track capital from investors across 50 countries.
Part of the current funding will also be used by the startup to market Cube Cloud. In the coming months, Cube Wealth will look to recruit talent in growth marketing and web engineering.