India, April 21 -- Wealthtech startup PrimeInvestor has raised Rs.19.5 Cr (around $2.1 Mn) in its seed funding round from Zerodha's investment arm Rainmatter Capital to scale its recently launched portfolio management services (PMS) as well as expand its product offerings.

Founded in 2019 by ex-FundsIndia founders Srikanth Meenakshi, Vidya Bala and Bhavana Acharya, PrimeInvestor offers subscription-driven financial research and investment advisory services for retail investors in India. 

PrimeInvestor's product portfolio today spans mutual-fund-only PMS strategies, combination MF-and-equity strategies, and pure equity mandates all calibrated by risk profile and time horizon, provided under the same fixed-fee, zero-commission struct...