Bright Money raises $31m from Sequoia India, Falcon Edge, others

Bright Money raises $31m from Sequoia India, Falcon Edge, others

Photo by Josh Appel on Unsplash

Bright Money, an artificial intelligence (AI)-enabled personal finance platform, Thursday announced that it has secured $31 million in funding from Sequoia Capital India, Falcon Edge Capital and Hummingbird Ventures.

Angel investors including Naveen Tewari and Abhay Singhal of InMobi, Kunal Shah of CRED, Jitendra Gupta of Jupiter, Gunjan Soni of Zalora, Pradeep Parameswaran of Uber, and notably, Ram Shriram – a technology investor who is one of the first investors in Google and currently on the board of Alphabet, also participated in the round.

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