Round-up investing platform Deciml has raised $3 million in a seed funding round led by Jainam Broking, marking the latter’s first foray into startup investment.
The Pune-based company had previously secured $1 million from investors including MyAsiaVC, Gaurav Munjal, Ritesh Malik, Raunak Munot, and Mukund Jha.
With the newly acquired funds, Deciml plans to enhance its product offerings, expand its user base, and strengthen its team to accelerate growth.
Founded in 2020 by Satyajeet Kunjeer, Deciml aims to simplify investing by automatically rounding up users’ daily transactions to the nearest ₹10 and investing the spare change into mutual funds.
The platform enables young Indians to invest effortlessly without requiring major behavioral shifts, integrating wealth creation seamlessly into their lifestyle.
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“The Deciml journey is at a crucial crossroads right now. We took the time to adapt our product to user needs, and now we want to focus all our efforts and energies on scaling rapidly. At such a juncture, we truly couldn’t have asked for a more wonderful investor and partner than Jainam. They have not only validated our vision but are also fueling and shaping it,” said Satyajeet Kunjeer, founder of Deciml.
The fintech market is poised for rapid expansion, with research estimating its size to reach $145.09 billion in 2025 and grow to $550.21 billion by 2030, at a CAGR of 30.55%.
Deciml currently has 3 lakh active users and approximately 3.5 lakh app downloads, registering a revenue of ₹7.2 lakh in FY25.
The company primarily competes with Jar in the spare change investment space and aims to further establish its presence in India’s booming fintech sector.
