The Actlogica has raised Rs 3 crore in seed funding from Zerodha-backed Rainmatter Capital.
In 2015, Actlogica was founded by both husband-wife of Ameet Ayare and Archana Anoor to help wealth managers and investment management, professionals. Investment managers have roles and responsibilities. To maintain their businesses, they also need the support of various tools done by investment managers, not just to track and take evasive actions against market movements.
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FinFlo Enterprise is the first wealth management product, an investor-centric product with process flexibility and CFA-inspired reporting standards. The critical role of FinFlo is to ensure that the user will be able to place orders, settle, report, and charge fees (in the case of RIAs). All in one place without having to use multiple systems.
“We’ve built an ecosystem of software tools that are interconnected. These can be plugged into each other to create a customized version of the software that can cater to business needs,” according to Ameet Ayare, Co-founder & CEO of Actlogica.
Nithin Kamath, Founder and CEO at Zerodha, said, “We are happy to partner with the Actlogica team. We strongly believe that the tools and platforms that the team at Actlogica is building can empower a generation of Indian advisors and other financial intermediaries.”