Zactor Tech raises pre-seed round at valuation of $3 Mn

Financial wellness and literacy brand Zactor Tech has secured an undisclosed amount of funding in its pre-seed round at a valuation of $3 million co-led by HNIs.

The funds will be allocated towards product development, user acquisition and financial literacy, Zactor said in a press release.

Co-founded in 2023 by Abhishek Walia and Shivam Parihar, Zactor is a digital platform for personal finance. Zactor focuses on modernizing personal finance with technology, covering every aspect including Goals, Investment, Retirement, and Insurance Planning.

With more than 7 years of experience in wealth Management, the duo have identified the major gap in the personal finance space and they want to build India's first financial wellness platform to provide a personalized financial path for everyone.

It offers a goal-based saving platform for users to maintain financial wealth.

Zactor claims to have witnessed a monthly user growth of 2x from the last 6 months.