The next gen startups are not swarming the cluttered space, but crafting their own niche. Who thought that currency exchange during travelling would be so easy to handle one day.
Bangalore-based, online currency exchange startup, FxKart.com, has brought the in-time facility for the travelers to obtain the best rate from various forex dealers on a single platform.
This startup just raised a $2 Mn seed funding. The amount raised is under the private individual capacities of founder Dr Mushtaq Shah and its Strategic Advisor Dr Faraz Naqvi.
Dr Mushtaq Shah, founder FxKart.com, is also the co-founding partner of U.S.-based hedge-fund, Quantmetrics Capital Management. He has also headed the research of Equinox Capital Management.
Besides, FxKart has also announced the launch Forex app, that allows convenience to get the currency exchanged.
How Does This Work?