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Pravin Jadhav, founder, Raise Financial
Raise Financial Services, a Mumbai-based fintech startup founded by Pravin Jadhav, has acquired Filter Coffee, a new-age financial media startup known for its business and financial insights.
The deal brings Filter Coffee into Raise Financial’s growing ecosystem, which includes the upskilling platform Valuationary and the stockbroking app Moneylicious.
The financial terms of the transaction were not disclosed.
Focus on business insights and multimedia content
Filter Coffee, founded by Tanvi Raut Dessai, has a subscriber base of more than 20,000. Under Raise Financial, it will expand its content offerings, including short-form videos and long-form storytelling.
“We are excited to welcome Filter Coffee and Tanvi to the Raise ecosystem. Filter Coffee is a trusted brand with a unique voice that resonates with India’s emerging investor class. We look forward to supporting their growth journey,” said Pravin Jadhav, founder and CEO of Raise Financial Services.
Welcoming @trdessai and @FilterCoffeeHQ to Raise!
— pj (@BeingPractical) January 27, 2025
I started with Filter Coffee few years back, it became my go-to digest for everything finance first thing in the morning and then I missed it before it came back!
Super excited about the possibilities now that we build this… https://t.co/2UuIyPouzX
Filter Coffee aims to create fresh perspectives on India’s financial markets, delivering jargon-free content that helps everyday users better understand complex business topics.
Growth of Raise Financial Services
Raise Financial operates several key offerings. Its stockbroking app, Dhan, recently entered the top 10 list of such platforms in India, surpassing Paytm Money. Before launching Raise, Jadhav served as managing director and CEO of Paytm Money, leaving the company in March 2020.
According to media reports, Dhan is in talks to raise a large funding round after securing $22 million in January 2022 from investors such as BEENEXT, Mirae Asset, 3one4 Capital and Rocketship.vc.