smallcase Acquihires Founding Team Of Nirvana.Work To Focus On SaaS Offering
Fintech startup smallcase has acquihired the founding team of Nirvana.work to support its move towards becoming a SaaS platform.
First reported by Your Story, smallcase now aims to move in the direction of becoming a SaaS platform and making the investor experience even better. The fintech startup wants to create faster and easier ways for investors to get started and grow with them.
Rahul Sharma and Raghubansh Mani, the Co-founders of Nirvana.work, have joined the smallcase team to accelerate these plans.
smallcase | Changing How India Invests
Started by Vasanth Kamath, Anugrah Shrivastava, and Rohan Gupta in 2015, smallcase is a Bangalore-based financial technology company focused on democratizing equity investing.
With more than 150+ investment managers and advisors on its platform, the startup offers portfolios of stocks or ETFs called smallcases, weighted intelligently to track a theme, strategy or objective.
Speaking on the development, Vasanth Kamath, Founder and CEO, smallcase, said,
“At Nirvana, Rahul and Raghubansh were building an AI-enabled task management SaaS product – digitising and automating the planning and achievement of tasks/goals for product and engineering teams. They will be bringing insights and learnings gleaned around product and engineering processes and scaling – especially in a remote-first environment and will be leading the product and engineering functions for the smallcase Publisher Platform.”
Vasanth Kamath clarified that smallcase is not acquiring Nirvana but getting the founders and some team members on board.
He added,
“We met Raghu and Rahul last month and really liked their thought processes on building product engineering functions, as well as how they built a SaaS platform, especially for remote working, because Nirvana started in the pandemic.”
Backed by Amazon, Sequoia, and Faering Capital, the Bangalore-based fintech startup launched its Publisher Platform in 2019, a business-in-a-box solution to democratise investment product manufacturing.
The fintech startup not only provides investment management but offers functionalities like risk profiling, invoicing, communications, fee collection, and reporting to registered research professionals and advisors to start, manage, and grow their business.
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