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.
Co-founded by Sharan Hegde and Raghav Gupta, The 1% Club is a members-only platform that provides educational resources, mentorship, and entrepreneurial opportunities.
“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.
With this round of funding, The 1% Club would focus on expanding its operations and bringing in more talent to the company
Notably, The 1% Club is currently in the advanced stages of procuring registration with the Securities and Exchange Board of India (SEBI).
"People can only invest wisely and make informed financial decisions when they are well-educated about the subject," Sharan said.