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Finfluencer-turned-entrepreneur, Sharan Hegde has raised Rs 10 crore in funding for his startup, The 1% Club. The funding was led by billionaire Nikhil Kamath's Gruhas and Abhijeet Pai from the Puzzolana Group.
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Co-founded by Sharan Hegde and Raghav Gupta, The 1% Club is a members-only platform that provides educational resources, mentorship, and entrepreneurial opportunities.
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“The 1% Club represents a unique fusion of finance and community, a combination that can transform how individuals approach wealth creation and financial management," Nikhil said.
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With this round of funding, The 1% Club would focus on expanding its operations and bringing in more talent to the company
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Notably, The 1% Club is currently in the advanced stages of procuring registration with the Securities and Exchange Board of India (SEBI).
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"People can only invest wisely and make informed financial decisions when they are well-educated about the subject," Sharan said.
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