ArthaYantra raises seed capital from WFA Global

Deal value undisclosed, company to expand operations across Hydrrabad, Delhi, Chennai, Mumbai and Pune

ArthaYantra, a Hyderabad-based start-up that offers integrated personal financial services, has raised seed capital from US-based investment firm WFA Global Investments. The company, however, did not disclose the quantum of the funds raised.

The company, which uses its proprietary framework, trademarked as Personal Financial Lifecycle Management (PFLM), is also planning to expand operations across Hyderabad, Bangalore, Delhi, Chennai, Mumbai and Pune.

“The company is focused on launching new solutions and is currently engaged in increasing its financial research capabilities by building systems and processes based one existing patents that it holds. It is now piloting its innovative personal finance solution in beta to select group of customers,” Nitin B Vyakaranam, founder and chief executive officer of ArthaYantra, said in a release.