About 1 Finance
1 Finance is a company based in Mumbai (India) founded in 2021 by Jeet Marwadi and Keval Bhanushali. It operates as a B2C, and D2C. The company has 66 employees as of March 31, 2024. 1 Finance offers products and services including Income and Expense Planning, Investment Planning, Insurance Planning, Tax Planning, and Loan Planning. 1 Finance operates in a competitive market with competitors including Dezerv, Wealthy, Nivesh, ASK Group and ET Money, among others.
- Headquarter Mumbai, India
- Employees 66 as on 31 Mar, 2024
- Founders Jeet Marwadi, Keval Bhanushali
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Sectors
Financial ServicesBusiness Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name 1 Finance Private Limited
- Jurisdiction Rajkot, Gujarat, India
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Annual Revenue
$47.58 K (USD)-3.12as on Mar 31, 2024
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Net Profit
$-6.93 M (USD)-70.49as on Mar 31, 2024
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EBITDA
$-5.68 M (USD)-59.66as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
66
as on Mar 31, 2024
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Products & Services of 1 Finance
1 Finance offers a comprehensive portfolio of products and services, including Income and Expense Planning, Investment Planning, Insurance Planning, Tax Planning, and Loan Planning. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Helps manage income and expenses for financial stability.
Analyzes investments to optimize returns and growth.
Evaluates policies to identify protection gaps.
Strategizes to reduce tax liabilities effectively.
Assists in managing and reducing loans for better health.
Secures asset distribution as per client wishes.
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Funding Insights of 1 Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by 1 Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 1 Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
1 Finance Comparisons
Competitors of 1 Finance
1 Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dezerv, Wealthy, Nivesh, ASK Group and ET Money, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Investment solutions and portfolio management are provided for affluent individuals.
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| domain | founded_year | HQ Location |
Digital wealth management platform is offered for personalized investments.
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| domain | founded_year | HQ Location |
Wealth management and financial products are provided online for individuals.
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| domain | founded_year | HQ Location |
Asset & wealth management platform
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| domain | founded_year | HQ Location |
App-based mutual fund investment platform
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| domain | founded_year | HQ Location |
Investment advisory and wealth management are offered via an application.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 1 Finance
When was 1 Finance founded?
1 Finance was founded in 2021.
Where is 1 Finance located?
1 Finance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of 1 Finance?
Keval Bhanushali is the current CEO of 1 Finance. They have also founded this company.
How many employees does 1 Finance have?
As of Mar 31, 2024, the latest employee count at 1 Finance is 66.
What is the annual revenue of 1 Finance?
Annual revenue of 1 Finance is $47.58K as on Mar 31, 2024.
What does 1 Finance do?
1 Finance is a financial advisory firm based in India, specializing in services like income and expense management, investment optimization, insurance evaluation, tax planning, loan management, and estate planning. They deliver qualified advice through an app and direct consultations, aiming to enhance financial stability without fixed fees or commissions. Operating from offices in Rajkot and Mumbai, they serve individuals seeking personalized financial growth and security.
Who are the top competitors of 1 Finance?
What products or services does 1 Finance offer?
1 Finance offers Income and Expense Planning, Investment Planning, Insurance Planning, Tax Planning, and 2 more products and services.