Deciml raises $3M seed funding from Jainam Broking to expand round-up investing platform
Deciml, a micro-investing platform that helps users invest spare change from everyday transactions, has raised $3 million in seed funding from Jainam Broking Limited. This marks Jainam’s first investment in a startup, bringing its financial expertise to Deciml’s growing business.
Deciml is the only app in India that enables round-up investments in Mutual Funds. When users make an online payment via UPI or card, Deciml rounds up the amount to the nearest Rs 10 and invests the difference. For example, if someone spends Rs 72, the app rounds it up to Rs 80 and invests Rs 8. This approach allows users to invest effortlessly, without setting aside large sums.
With this funding, Deciml plans to expand its user base, enhance product features, and grow its team to reach the next million users. The company aims to make investing simple and accessible for young Indians who may find traditional investing complicated or overwhelming.
“With a legacy spanning over 20 years, Jainam Broking has always been driven by a commitment to innovation and financial empowerment. We believe in investing in technology that simplifies investing for the common man, making financial literacy more accessible and actionable. Our investment in Deciml aligns with our vision of leveraging technology to democratise access to capital markets,” Dishant Milanbhai Parikh, CFO, Jainam Broking Limited, said.
The investment comes at a time when India’s fintech sector is experiencing rapid growth. The market is expected to grow from $145.09 billion in 2025 to $550.21 billion by 2030, at a CAGR of 30.55%. This presents a strong opportunity for innovative financial solutions like Deciml’s.
“The Deciml journey is at a crucial crossroads right now. We took the time to adapt our product to user needs and now, we really want to focus all our efforts and energies on scaling rapidly. At such a juncture, we truly couldn’t have asked for a more wonderful investor and partner than Jainam. They have not only validated our vision but are also fuelling and shaping it,” Satyajeet Kunjeer, founder, Deciml, said.
With this backing, Deciml is set to strengthen its position in India’s fast-evolving digital investment space, making wealth creation more accessible for users across the country.