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Mudrex and Urban Vault Launches Financial Health Camps in Bengaluru

The primary objective of these camps is to equip participants with the essential knowledge and tools necessary to make well-informed financial decisions

Mudrex and Urban Vault Launches Financial Health Camps in Bengaluru

Outlook Start-Up Desk

POSTED ON August 10, 2023 12:50 AM

Mudrex, a Bengaluru and San Francisco-based Y-Combinator-backed, a global crypto investing platform, has launched financial health camps in collaboration with Urban Vault. These camps will be held across four prime locations in Bengaluru until September catering to over 100 start-ups. 

The primary objective of these camps is to equip participants with the essential knowledge and tools necessary to make well-informed financial decisions. At financial health camps, participants will learn about the basics of investing, setting right financial goals to create a robust portfolio, learn about risk management, and discover strategies to optimise returns on their investments and more. 

Mudrex aims to empower individuals with personalised one-on-one consultations, actionable insights, and comprehensive financial health reports, all geared towards helping them achieve their financial objectives. By focusing on investor personas, investment strategies, and modern portfolio theory, the participants will gain valuable insights into optimising their investments for long-term wealth creation, while effectively managing risk versus reward.

Commenting on this, Edul Patel, CEO and Co-founder of Mudrex said, “Our goal is to empower individuals with essential financial knowledge and tools to make informed decisions. We plan to scale this up across PAN India in the upcoming year, aiming to reach and empower a broader audience”.

Amal Mishra, CEO and co-founder of Urban Vault added, "Knowing how money works is essential for everyone. It's especially important for young startups at Urban Vault. These financial awareness sessions will be incredibly helpful for them. Urban Vault always aims to add value to their clients, and these sessions will definitely lead to fruitful outcomes for everyone involved."

Launched in 2018 by Edul Patel, Alankar Saxena, Rohit Goyal and Prince Arora, Mudrex has raised $6.5 million in a pre-series A round from Arkam Ventures, Tribe Capital, and Bolt by QED Investors. 

This pre-series A round comes on the heels of a $2.5 million seed funding round, led by Nexus Venture Partners, Village Global with participation from Kunal Shah, Anand Chandrashekharan and Anjali Bansal.

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