Walnut Acquired
Pune-based personal finance management app that used SMS-inbox parsing to automatically track users' expenses, bills, and bank/card balances, and offered bill-splitting and peer-to-peer money transfers via debit cards (partnering with Visa and ICICI Bank). Backed by Sequoia Capital and SAIF Partners, it was acquired by Bengaluru lender Capital Float in August 2018 for $30 million to strengthen Capital Float's consumer-lending…
Walnut: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2014 ~ | Seed | $1 Mn | Sequoia Capital | source |
Acquisitions
News on Walnut
No coverage of Walnut linked yet.
L Litmus · by Lapaas
Got an idea like this one? Validate it with the same 9-block framework, free.
Start Free ValidationFAQs on Walnut
Who founded Walnut?
Walnut was founded by Amit Bhor, Patanjali Somayaji, Anurag Sinha in 2014.
How much funding has Walnut raised?
Walnut has raised $1 Mn across 1 tracked funding round(s), most recently on 2014-01-01. Figures are compiled from cited public sources.
Who are the investors in Walnut?
Investors in Walnut include Sequoia Capital.
What does Walnut do?
Pune-based personal finance management app that used SMS-inbox parsing to automatically track users' expenses, bills, and bank/card balances, and offered bill-splitting and peer-to-peer money transfers via debit cards (partnering with Visa and ICICI Bank). Backed by Sequoia Capital and SAIF Partners, it was acquired by…
Where is Walnut headquartered?
Walnut is headquartered in Pune, India.
What is Walnut's business model?
Walnut's core value proposition centers on Automatic SMS-based expense tracking, Bill-splitting and P2P money transfers, Walnut Prime — instant consumer credit line, Prime Credit Score — alternative-data credit scoring.