Tech Company Financing Transactions

Mewt Funding Round

Mewt, based in Bangalore, Karnataka, secured $4.6 million in investment from Quona Capital, Allin Capital and BEENEXT.

Transaction Overview

Company Name
Announced On
6/15/2022
Transaction Type
Venture Equity
Amount
$4,600,000
Round
Seed
Investors

Quona Capital (Lead Investor) (Varun Malhotra)

Allin Capital

BEENEXT (Anirudh Garg)

DG Daiwa Ventures

Goodwater Capital

Proceeds Purpose
The company will use the fund to expand its team and launch its super-card, along with empowering a million small businesses in India by the end of 2022

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1st Floor, 138/12, 4th Main Road 4th Main Road, Industrial T
Bangalore, Karnataka, 560044
INDIA
Email Address
Overview
mewt (pronounced as mute) is modernizing banking for SMEs of Bharat by creating a supercharged bank account for them where they can combine all their accounts in one place, get 15 days of interest free credit, and earn 1% cashback on all supercharge card spends. mewt is bringing the privileged banking to the underserved MSMEs & making missed-EMIs history.
Profile
Mewt LinkedIn Company Profile
Social Media
Mewt Company Twitter Account
Company News
Mewt News
Facebook
Mewt on Facebook
YouTube
Mewt on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rishabh Jain
  Rishabh Jain LinkedIn Profile  Rishabh Jain Twitter Account  Rishabh Jain News  Rishabh Jain on Facebook
Chief Technical Officer
Kushal Prakash
  Kushal Prakash LinkedIn Profile  Kushal Prakash Twitter Account  Kushal Prakash News  Kushal Prakash on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/15/2022: UpGrad venture capital transaction
Next: 6/15/2022: Zoovu venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary