Galgal funding, investors and company details

Galgal is an emerging Banking and Finance - FinTech startup from Mumbai, working in the space of Fintech startup that offers a digital banking and personal finance management app focused on simplifying how individuals track expenses, budget, and save.. Founded by Harsh Chhatrapati, Arun Iyer.

Company: Umunthu System Private Limited
Sector: Banking and Finance - FinTech
Location: Mumbai
Founders: Harsh Chhatrapati, Arun Iyer
Total funding raised: ₹8.14 Cr

Company overview

Galgal is a fintech startup founded in 2021 that offers a digital banking and personal finance management app focused on simplifying how individuals track expenses, budget, and save. The platform is built around an intuitive, user-friendly experience that makes everyday money management seamless. Positioned as a “feel-good banking app,” Galgal aims to reduce the stress associated with managing finances. Its offering combines real-time expense tracking, smart budgeting and savings tools, and a proprietary analytics engine that provides actionable insights to help users make better financial decisions. Initially, the app catered to value-conscious users seeking effective budgeting solutions. Over time, Galgal expanded its product suite to include prepaid cards integrated with its expense management features, improving convenience and driving wider user adoption.

Funding rounds

Latest round (Seed): $ 1.00 Mn (₹8.14 Cr.), 2022-11-24. Investors: Arctos Ventures