Venture Capitalists News Hubb
Advertisement Banner
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact
No Result
View All Result
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact
No Result
View All Result
Venture Capitalists News Hubb
No Result
View All Result
Home Venture Capital Funding

Caesar Sengupta-founded Arta Finance raises $90M from marquee investors

admin by admin
November 2, 2022
in Venture Capital Funding


Arta Finance, the fintech startup founded by former Google executive Caesar Sengupta, has raised $90 million in funding from marquee investors such as Sequoia Capital India, Ribbit Capital, Coatue, and leading tech investors like Betsy Cohen, Eric Schmidt, and Ram Shriram.

Previously known as Arbo Works, Arta Finance was in stealth mode until now and has positioned itself as a “Digital Family Office” with the aim to provide individual investors access to alternative assets, which were earlier available only to ultra-wealthy individuals through their family offices.

According to the company, family offices typically employ teams of professionals who use sophisticated financial strategies and tap into exclusive investment opportunities, but it aims to bring these advantages through technology to millions more globally.

loved this story” contenteditable=”false” data-new-ui=”true” data-explore-now-btn-text=”Explore Now” data-group-icon=”https://images.yourstory.com/assets/images/alsoReadGroupIcon.png” data-headline=”1173 people loved this story”>

Caesar Sengupta, CEO and Co-founder of Arta Finance, said, “Everyone should have a chance to take charge of their financial lives in the same way that wealthier and financially savvier people do. So we’re doing this the way we know best—by breaking down barriers to sophisticated finance with technology.”

Caesar had played key roles at Google where he spearheaded projects such as ChromeOS and Next Billion Users. He left Google early last year after 15 years in the company.

The goal of Arta will be to open up access to alternative assets, unlock liquidity through a line of credit, and harness intelligent investing in public markets.

On the investment into Arta, Shailendra Singh, Managing Director at Sequoia Capital India, said, “Arta Finance has chosen a ‘massive unsolved problem’ in the global fintech space. Caesar and team are uniquely accomplished in having built multiple cutting-edge products that are used by billions of internet users.”

“Arta’s digital-forward approach stands to unlock new investment opportunities that have previously been out of grasp for millions of people,” said Michael Gilroy, General Partner, Coatue. “We see an opportunity to scale Arta’s mission to help more people achieve their wealth goals.”





Source link

Tags: Caesar SenguptaCoatue Managementfintech startupJust InRibbit CapitalSequoia Capital India
Previous Post

The Capital Quest | General Atlantic bets $110 mn on SaaS startup Amagi

Next Post

Art Gobblers, Reddit NFTs and Other Winners Of October NFT Market

Next Post

Art Gobblers, Reddit NFTs and Other Winners Of October NFT Market

Recommended

The Capital Quest | Brookfield, existing backers TPG and ADIA to invest $200 mn in UPL’s agritech biz

4 months ago

Startup news and updates: daily roundup (August 27, 2022)

6 months ago

Byju’s last 6 months toughest in last 10 years, says co-founder-wife

4 months ago

Government gives official recognition to Esports

1 month ago

The Capital Quest | Vertex set to get LP commitment for fifth Southeast Asia, India VC fund

6 months ago

Woes far from over for India’s ‘Silicon Valley’

5 months ago

© 2022 Venture CapitaLists News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Venture Capital Market
  • Venture Capital Funding
  • Contact

© 2022 Venture Capitalists News Hubb All rights reserved.