MProfit, a startup in portfolio management, raised $2 million from Zerodha’s Rainmatter, ENAM Holdings, Gruhas Proptech, Auxano Capital, and Samarthya Investment Advisors.
MProfit users can assemble their investment portfolios from a variety of brokers and asset classes. The portfolio management platform plans to quickly launch additional activities with the forthcoming funds. The fintech startup seeks to implement performance reporting, API integrations, and asset tracking for worldwide assets. According to MProfit, it offers automatic data import for over 700 stockbrokers and can read Mutual Fund CAS statements. The platform supports importing files in a number of formats, including PDF, Excel, HTML, CSV, TXT, and DBF.