Vigyos Centre raises seed funding from Japanese investors

Vigyos Centre, a fintech and adtech headquartered in India, has raised Rs 1 crore from Japanese investors, with employees from Softbank also participating in the funding round. The funds will be invested in strengthening the research and development department, recruiting quality manpower, and building a robust technology infrastructure.

"The company has been incubated by Indian Institute of Management in Bangalore and is founded by Kanishq Gupta and Faiz Khan. They are targeting small and middle enterprises, providing them with more than 200 financial services in offline as well as online modes, in tier 2 and 3 cities by the means of franchise setup. They give SMEs loans to increase the present capacity or set up a new business, assist in filing patents, register trademarks, etc," the firm said.

The fintech allocates a dedicated consultant to each SME for providing assistance on core issues.