Hyderabad Angels invests into IndianMoney.com


IndianMoney.com, India’s Only Financial Education Company, announced that it has closed it’s first institutional funding from Hyderabad Angels. In May 2011, the company had secured Investment from well known Angel Investors RavindraKrishnappa and ShekharKirani.

Founded in 2008 by C S Sudheer, today, IndianMoney.com empowers people with all the information they need to know before buying any financial product. This in turn helps reduce or eliminate any probability of being misled while buying from an agent or a sales person. A team of Financial Advisers at IndianMoney.com provide free on-call advice/education to these consumers on their needs and help them make informed decisions.

RavindraKrishnappa, Director and current investor said, “our belief in the passion & delivery ability of IndianMoney and it’s team led by Sudheer is further reinforced by this investment. Given the tremendous growth in financial independence & individual aspirations, we are confident IndianMoney will live up to it’s name and become a respected & well regarded brand across the nation”.

Pradeep Mittal, former head of Magna Infotech’s Indian operations and Srini Koppulu, former managing director of Microsoft India lead this investment of Hyderabad Angels. Mittal joined the Board of IndianMoney.com representing Hyderabad Angels.

Pradeep Mittal said, ” IndianMoney.com is empowering consumers with right and timely information to make informed decisions while buying financial products . This in turn help the consumers to meet a good agent with a right financial solution to fit the consumer based on the demographics. “.
“We are thrilled to have Hyderabad Angels on board. They share our core values and firmly believe in creating value for everyone associated with us. We continue to be focused on contributing to achieve the dream of a developed India, which cannot be attained without financially educated citizens.”says CS Sudheer, Founder, IndianMoney.com.
IndianMoney.com plans to use the funds for upgrading their current technology platform along with marketing and branding. A portion of it would also be utilised to build better infrastructure to facilitate the consistently growing business.

The company has brought together industry veterans who carry decades of experience and impeccable technical knowledge to provide IndianMoney.com with a rich leadership. “With the rich experience and expertise of individuals like Ravindra Krishnappa, Shekhar Kirani&Pradeep Mittal on board, we are clearly poised for dramatic growth” added CS Sudheer.

About Hyderabad Angels
Hyderabad Angels (hyderabadangles.in) are individuals who are experienced seasoned business men and women, who are entrepreneurs themselves and who invest their own capital. These individuals have experience in all business segments in various industries and have the skill set and experience to understand a good venture from a bad one. This model is different from the traditional VC’s and PE models which have more rigid investment guidelines. It is a loosely formed organization of people with a common goal of enhancing value of multiple businesses at the same time.

About IndianMoney.com
IndianMoney.com provides FREE financial advice / education to ensures retail customers not misguided while buying any kind of financial product. Before buying any financial product or making an investment, all one needs to do is give a missed call to IndianMoney.com on 02261816111, speak to its financial experts and be confident and aware while dealing with the agents. IndianMoney.com Financial Advisors gives a call back to the caller and would then provide absolutely free and unbiased advice/education and clear any kind of doubt on any kinds of financial products.

For more information visit http://indianmoney.com/
Follow the company blog at http://www.indianmoney.com/blog/
Follow on LinkedIn http://goo.gl/3VhmKM
Follow on Twitter at @Indianmoneycom

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Mohit Bansal(23) is B.Tech in Electronics and Communication Engineering from Indian School of Mines, Dhanbad, India. He has interest in business and entrepreneurship and has published couple of research articles. He is also associated with various NGOs. He is with Techaloo when it was just in concept stage. The Techaloo site was not existing even then. Currently Mohit is working with Mu Sigma as a Business Analyst Profile.

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