Validus Fintech Secures Seed Funding from AUM Ventures

Founded in 2022 by Ganesh Venkatachalam, Validus Fintech is building digital market infra for the Investment Management Industry cutting across Mutual Funds, Alternates, PMS, Retirement solutions, Corporate markets and more. It seeks to provide a suite of fund administration solutions like recordkeeping and transfer agency services, investor relationships, distribution support, analytics, insights among others. The goal is to create an all new market infra with a marketplace approach for integrating a whole new set of stakeholders.

The newly secured funds will be allocated towards product development, business and market expansion efforts, allowing the company to establish a strong presence in a market traditionally dominated by legacy players.

Chetan Mehta, Founding Partner at AUM Ventures, commented on the investment, saying, "The AMC and AIF industries in India have been witnessing staggering growth. Current solutions to service these industry verticals are built on old legacy infrastructure and there is a strong need for a new-age digital infrastructure to cater to the demands especially given the growing digital ecosystem. We are excited to partner with Validus Fintech and its experienced team to enable bringing in a transformative solution for the industry."