BeyondIRR, a B2B wealth-tech company, on Friday, said that it has secured seed funding from Zerodha’s Rainmatter and cofounder of Udaan, Sujeet Kumar.

According to the official statement, BeyondIRR plans to develop a robust technology platform and expand its team with the funds.

Parag Kasliwal, CEO, BeyondIRR stated, "We are delighted to have received the support we needed from Rainmatter and Sujeet in order to build BeyondIRR. Using our technology-enabled and insight-driven platform, investment specialists could engage their clients in meaningful discussions about markets, investment products, and client portfolios.”

He added that their investment intelligence platform would help them prepare for client meetings with actionable insights and enable them to deliver high-quality portfolio proposals and presentations instantly.

Nithin Kamath, CEO and Founder, Zerodha & Rainmatter said that BeyondIRR will solve the challenges that advisors and relationship managers face today. Through BeyondIRR, investment managers will be able to analyse the portfolios of their clients and offer suitable products to meet their needs. BeyondIRR will be the platform that investment specialists turn to.

Sujeet Kumar believes that with BeyondIRR, investment specialists can grow their wealth business several times over as they are able to run their business more efficiently and effectively. Through BeyondIRR, they can take advantage of all the complex elements of the investment world in one location, which could help them stay ahead in the highly competitive wealth management space.

Fintech Firm BeyondIRR Raises Seed Funding From Zerodha's Rainmatter