Bengaluru: Robo-advisory start-up Fisdom, which helps individuals invest in mutual funds, is looking to partner banks and adding an insurance option on its app to sign up more users.
“Insurance is something that should be live in three-four weeks. We are also working on adding bonds. Over a period of time, Fisdom will have lot more investment products like corporate bonds, tax filing. We’ll be a full-fledged personal finance manager,” said Subramanya S.V, chief executive officer.
Finwizard Technology Pvt. Ltd, which runs Fisdom, raised $1 million in funding from Saama Capital in October, and $500,000 in seed funding from angel investors including Silicon Valley-based venture capitalist Rob Chandra, CommonFloor co-founder Sumit Jain, TaxiForSure co-founders Aprameya Radhakrishna and Raghunandan G, and others.
It was founded in 2015 by Subramanya, a former managing director of venture capital firm Bessemer Venture…