Financial wellness and literacy brand Zactor Tech has secured a substantial pre-seed funding round at a valuation of $3 million, co-led by High Net Worth Individuals (HNIs). This significant investment underscores the growing recognition of Zactor Tech’s potential to revolutionize personal finance management.
Co-founded in 2023 by Abhishek Walia and Shivam Parihar, Zactor Tech is at the forefront of modernizing personal finance through innovative technology solutions. The platform offers a comprehensive suite of services covering goal setting, investment, retirement, and insurance planning, all aimed at empowering individuals to achieve financial wellness.
With over 7 years of experience in wealth management, the founders identified a major gap in the personal finance space and set out to build India’s first financial wellness platform. Their vision is to provide personalized financial paths for every user, addressing their unique needs and goals.
Zactor Tech’s goal-based saving platform allows users to effectively manage their financial wealth, providing them with the tools and insights needed to make informed decisions about their finances.
The funds from this pre-seed round will be strategically allocated towards product development, user acquisition, and enhancing financial literacy among Zactor Tech’s growing user base. By continuously improving its platform and expanding its reach, Zactor aims to empower more individuals to take control of their financial futures.
Despite being in its early stages, Zactor Tech has already shown impressive traction, with a reported monthly user growth rate of 2x over the last six months. This strong momentum positions the company for further growth and success in the evolving landscape of personal finance management.