Tech Company Financing Transactions

InstaRem Funding Round

InstaRem, based in Surfers Paradise Gold Coast Queensland, secured $5 million from Vertex Ventures and private investors.

Transaction Overview

Company Name
Announced On
3/17/2016
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors

Vertex Ventures (Lead Investor)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
50 Cavill Ave. 13
Surfers Paradise Gold Coast Queensland, 4217
Australia
Email Address
Overview
Money transfer, send money, remit money to India from Australia with Instarem (instant remittance), a convenient and secure way to send & save money.
Profile
InstaRem LinkedIn Company Profile
Social Media
InstaRem Company Twitter Account
Company News
InstaRem News
Facebook
InstaRem on Facebook
YouTube
InstaRem on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Prajit Nanu
  Prajit Nanu LinkedIn Profile  Prajit Nanu Twitter Account  Prajit Nanu News  Prajit Nanu on Facebook
Chief Marketing Officer
Pratik Shah
  Pratik Shah LinkedIn Profile  Pratik Shah Twitter Account  Pratik Shah News  Pratik Shah on Facebook
Chief Operating Officer
Michael Bermingham
  Michael Bermingham LinkedIn Profile  Michael Bermingham Twitter Account  Michael Bermingham News  Michael Bermingham on Facebook
Chief Technical Officer
Ashish Bajaj
  Ashish Bajaj LinkedIn Profile  Ashish Bajaj Twitter Account  Ashish Bajaj News  Ashish Bajaj on Facebook
Controller
Mahesh Koirala
  Mahesh Koirala LinkedIn Profile  Mahesh Koirala Twitter Account  Mahesh Koirala News  Mahesh Koirala on Facebook
VP - Bus. Development
Pratik Gandhi
  Pratik Gandhi LinkedIn Profile  Pratik Gandhi Twitter Account  Pratik Gandhi News  Pratik Gandhi on Facebook
VP - Human Resources
Shobha Sawant
  Shobha Sawant LinkedIn Profile  Shobha Sawant Twitter Account  Shobha Sawant News  Shobha Sawant on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/17/2016: Credly venture capital transaction
Next: 3/18/2016: SpringCM venture capital transaction

 

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About Our VC Transactions Data

Our team works diligently to document every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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