smallcase raises $50 million led by Elev8 Venture Partners
28 Mar 2025, 09:25 PMThe round also saw participation from State Street Global Advisors, Niveshaay AIF, Faering Capital, and Arkam Ventures.
Team Head&Tale
Share the story on
Online investment platform smallcase has raised $50 million in a Series D funding round led by Elev8 Venture Partners.
The round also saw participation from State Street Global Advisors, Niveshaay AIF, Faering Capital, and Arkam Ventures.
The latest funding will enable smallcase to add mutual funds, fixed income instruments, and other asset classes to its product lineup. The company also plans to enhance its technology and data analytics capabilities to offer more sophisticated investment tools.
“India’s retail investing landscape is undergoing a seismic shift, and smallcase has been at the forefront of this transformation,” said Navin Honagudi, managing director and founding general partner at Elev8 Venture Partners. “Their ability to innovate, build trust, and scale in a highly competitive market makes them a standout player. smallcase fits our vision of backing companies that are not just growing fast but are also shaping industries."
Founded in 2016 by Vasanth Kamath, Rohan Gupta and Anugrah Shrivastava, smallcase provides users with a basket of stocks called ‘smallcases’, allowing them to invest in portfolios of broker-partner stocks and exchange-traded funds (ETFs) using their personal existing demat accounts. The company claims that it has facilitated transactions worth over Rs 1.2 lakh crore and has a user base exceeding 10 million investors.
“Smallcase’s vision has always been to build simple and transparent products that are relevant for every investor’s portfolio,” said Vasanth Kamath, co-founder and CEO of smallcase. “The opportunity to help millions of Indians design better financial futures is one of huge responsibility, and we will continue to deliver on it with honesty and integrity.”
smallcase recently partnered with online brokerage platform Zerodha to launch an asset management company focused on index funds and ETFs.
Who Reads Us
“I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest, and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.”
“Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.”
“The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.”
“What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.”
“I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.”
Related News