Total amount raised
$1 Millions
Latest funding date
01/01/2024
Location
Bullspree has raised $1,000,000 in a Seed round and an undisclosed amount in a Series Unknown round, attracting investors like Awfficacy and Ankit Mehrotra. The platform offers an experiential stock market gaming and learning mobile app, designed to make finance education engaging and accessible.
Keep reading to explore the intricacies of Bullspree's fundraising journey and the investors backing this innovative platform.
What Is Bullspree?
Founded in 2020, Bullspree operates under the legal name Krazzy Fin Pvt. Ltd. and is headquartered in Ahmedabad, Gujarat, India. The company specializes in apps and gaming, offering an experiential stock market gaming and learning mobile app.
With an employee count ranging from 11 to 50, Bullspree aims to make financial education engaging and accessible. The platform features expert-led courses, interactive games, and tools for portfolio management, attracting a significant user base and high ratings on app stores.
How Much Funding Has Bullspree Raised?
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: January 2024
- Lead Investors: Awfficacy
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the company's growth and expansion plans.
- Seed Round
- Amount Raised: $1,000,000
- Date: January 2023
- Lead Investors: Ankit Mehrotra and 7 other investors
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To cater to the high growth in users, drive marketing campaigns, and create an ecosystem around financial markets to help newcomers start and experiment in the markets.
Total Amount Raised: $1,000,000
Current Valuation: Not publicly disclosed
Key Investors
- Awfficacy
- Details: Awfficacy is a venture capital firm known for investing in early-stage startups. They focus on providing strategic support and resources to help companies scale.
- Investment Focus Areas: Technology, Healthcare, Fintech
- Notable Investments: Not publicly disclosed
- Ankit Mehrotra
- Details: Ankit Mehrotra is an angel investor and entrepreneur, co-founder of Dineout, a popular restaurant reservation platform in India. He has a keen interest in tech startups.
- Investment Focus Areas: Foodtech, SaaS, Fintech
- Notable Investments: Not publicly disclosed
- Nikhil Bakshi
- Details: Nikhil Bakshi is an investor with a background in finance and technology. He has been involved in multiple startups, providing both capital and mentorship.
- Investment Focus Areas: Fintech, Edtech, Healthtech
- Notable Investments: Not publicly disclosed
- Desai Family Office
- Details: The Desai Family Office manages the investments and philanthropic activities of the Desai family. They have a diversified portfolio across various sectors.
- Investment Focus Areas: Real Estate, Technology, Healthcare
- Notable Investments: Not publicly disclosed
- Pai Ventures
- Details: Pai Ventures is an investment firm that focuses on early-stage startups. They provide both financial support and strategic guidance to their portfolio companies.
- Investment Focus Areas: Technology, Consumer Goods, Fintech
- Notable Investments: Not publicly disclosed
What's Next for Bullspree?
With a growing user base and a focus on empowering retail investors, Bullspree is poised to capitalize on the increasing interest in stock market investments among India's digital youth. The platform's experiential learning approach offers a unique opportunity to bridge the knowledge gap for newcomers, particularly those aged 18-35.
As Bullspree continues to expand, future fundraising opportunities seem promising. The successful seed round and previous funding indicate strong investor confidence, suggesting that additional capital could be secured to support further growth and development. However, the company may face challenges such as educating retail investors, competing with other platforms, and ensuring user retention in a competitive market.
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