In a significant milestone for the financial technology sector, Zactor Tech has successfully raised an undisclosed amount in its pre-seed funding round, reaching an impressive valuation of $3 million. This round was co-led by High-Net-Worth Individuals (HNIs), reflecting a strong vote of confidence in the company’s vision and potential.
Founded in 2023 by Abhishek Walia and Shivam Parihar, Zactor Tech is a pioneering digital platform dedicated to enhancing financial wellness and literacy. With a keen focus on leveraging technology to modernize personal finance, Zactor covers a comprehensive range of economic aspects, including goal setting, investment strategies, retirement planning, and insurance management.
The infusion of funds will play a pivotal role in fueling the company’s growth trajectory. Key areas of investment are earmarked for product development, user acquisition, and bolstering financial literacy initiatives. Zactor envisions itself as India’s premier financial wellness platform, aiming to provide personalized financial pathways for individuals from all walks of life.
Drawing upon over seven years of combined experience in wealth management, the co-founders of Zactor identified a significant gap in the personal finance landscape and are determined to address it through innovative digital solutions. Their platform offers users a goal-based saving framework, empowering them to navigate the complexities of financial management with ease and confidence.
One of the standout achievements for Zactor has been its remarkable user growth, which has surged by twofold over the past six months alone. This steady traction underscores the growing demand for accessible and tech-driven financial solutions, with Zactor poised to emerge as a frontrunner in this space.
As the fintech industry continues to evolve and adapt to changing consumer needs, Zactor Tech stands at the forefront of this transformation, poised to redefine how individuals engage with their finances. With a clear vision, robust technological infrastructure, and firm investor backing, Zactor is well-positioned to drive positive change and empower individuals towards greater financial well-being.
