Threedots, a next-gen community investing platform, has raised $4 million in a seed round of funding led by Kalaari Capital. Other investors include Better Capital, iSeed, Cloud capital, Kunal Shah (Cred), Lalit Keshre (Groww), Jitendra Gupta (Jupiter), Amrish and Sweta Rau (Pine labs), Ramakant Sharma (Livspace), Rohit MA (cloud9), Giri Malpani (Malpani Family), Mohit Daga and others. The funds will be used for strengthening the product and expanding the team.
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threedots app offers users a daily dose of financial news and a finance centric community apart from stock investing. It provides a platform for members to leverage the knowledge & experience of stock/crypto market experts. It bridges the gap between market experts and users, which helps users to make quality decisions.
Many people, including millennials, are confused and clueless about making investing decisions. The layperson doesn’t have access to institutional-level expertise & resources, unlike mature investors. They lose hard-earned money due to a lack of proper guidance, resources & wrong expectations. Youngsters who are first-time investors lack a connected community to discuss investing and the markets with like-minded folks and keep themselves updated with the trends.