Wealthtech platform Univest raises $10 million in Series A round from Bertelsmann India

According to Pranit Arora, cofounder and CEO of Univest, the funds will help the company to scale its research-first, full-stack brokerage offering for stock market investors. Earlier, the advisory-first brokerage platform had raised $3 million from investors, including Trinity Media Group, senior executives from Reliance Industries, and angel investors Aakash Anand, CEO of Bella Vita Organic and Deep Bajaj of Sirona.