Financial technology startup Smartkarma announced it raised $21 million in Series B financing led by Sequoia India, with participation from Wavemaker Partners, Jungle Ventures, and Spring SEEDS Capital.
Smartkarma is an independent financial research platform that provides differentiated research and transparency into Asian markets. The company aims to combine intelligence from analysts, academics, data scientists, and industry experts in one collaborative marketplace to help investors improve efficiencies, enhance returns, and optimize their research spend.
Smartkarma will use the funds to consolidate its leadership position in the Asia Pacific region and support its international expansion.