About 5 nce
5 nce is a Technology company based in Mumbai (India) founded in 2010 by Vivek Ghokhale, Ajay Arjit Singh, and Dinesh Rohira. AI-powered investment and financial advisory services are provided. It operates in the Technology and Financial Services sectors. 5 nce has raised $6.28 million across 8 funding rounds from investors including Mainspring Fund Services, Chezhiyan Venkatachalam and Hemantkumar Narendra Prasad. 5 nce was last valued at $20.58 million in July 2021. Its chief executive, as recorded, is Dinesh Rohira. Its website 5nance.com draws about 10 thousand monthly visits. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Robo Advisors. Its competitors include ACKO, Digit Insurance and Orowealth; 3 of its 3 listed competitors have raised funding.
Company details
Provider of AI-powered investment and financial advisory services and related products. The company offers investment options including SIP, lumpsum, tax saving funds, and model portfolios. It provides access to equity, gold funds, debentures, and fixed deposits. Loan products such as personal and home loans are available. Tax solutions and insurance advisory services are also offered. The company utilizes algorithms and data analytics to deliver financial services. The app is available on both Android iOS devices.
- Total Equity Funding$6.28M (USD)
in 8 rounds
- Latest Funding Round$118K (USD), Seed
Jul 2021
- InvestorsMainspring Fund Services
& 25 more
Associated legal entities of 5 nce
5 nce is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innovage Investment Advisers Private Limited CIN U67190MH2015PTC375463 | Active | 18 Sep 2015 | Mumbai, Maharashtra | ₹1.2 Cr | 2 | View details | |
| Innovage Fintech Private Limited CIN U67190MH2010PTC205922 | Active | 24 Jul 2010 | Mumbai, Maharashtra | ₹2.5 Cr | 13 | 2 | View details |
Apps and channels of 5 nce
5 nce publishes 2 mobile apps with over 50K+ downloads; its YouTube channel 5nance has 485 subscribers and 30 videos.
Videos from 5 nce
The most watched videos on 5 nce's YouTube channel, 5nance (485 subscribers). Click a video to play it here.
More on 5nance.
Funding Insights of 5 nce
5 nce has successfully raised a total of $6.28M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $118 thousand completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $6.28M
- Total Rounds 8
- Last Round Seed — $117,997
- First Round $1.5M
(Jul 2014)
- Investors Count 26
All 8 funding rounds of 5 nce with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | $117,997 | Seed | $20.58M | – | |
| Jan 2021 | $34,235 | Angel Round | – | Pervez Sanjana | – |
| Sep 2020 | $149,005 | Seed | $20.66M | – | |
| Jan 2018 | $797,599 | Seed | $••••• | Mainspring Fund Services | – |
| Nov 2016 | $373,843 | Angel Round | $••••• | Vishaka Beriwala | |
| Oct 2016 | $2.31M | Seed | $••••• | Aspire Emerging Fund | |
| Jul 2015 | $1M | Seed | – | – | – |
| Jul 2014 | $1.5M | Seed | $••••• | IAF Holdings Limited |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2021 | $20.58M | •••••••• |
| Sep 2020 | $20.66M | •••••••• |
| Jan 2018 | $••••• | •••••••• |
| Nov 2016 | $••••• | •••••••• |
| Oct 2016 | $••••• | •••••••• |
| Jul 2014 | $••••• | •••••••• |
Full valuation and stage history of 5 nce
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $20.58M (Jul 2021). 26 investors in total: 6 institutional and 20 angel.
Investors in 5 nce
5 nce has secured backing from 26 investors, including angel and institutional investors. Prominent investors backing the company include Mainspring Fund Services, Chezhiyan Venkatachalam and Hemantkumar Narendra Prasad.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of fund administration services | 2010 | mainspringfs.com | London, United Kingdom | |
An international organization for young men promoting fellowship and community service. | rtinternational.org | Norwich, United Kingdom | ||
CV Chezhiyan Venkatachalam | unknown_aa873437facb45d29 | |||
HN Hemantkumar Narendra Prasad | unknown_44412da83f1d43db9 | |||
JN Jigna Nirav Shah | unknown_eb395e591d4d4f679 | |||
VJ Vijay Jagdish Pathak | unknown_e9391a7cd0d1467aa | |||
PS Pervez Sanjana | unknown_1d9dc0457b9b4d809 |
Investor details for 5 nce
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of 5 nce
The boards of the 2 registered companies of 5 nce currently have 2 directors; the longest-serving is Dinesh Rohira Pralhad, appointed in 2010. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dinesh Rohira Pralhad DIN 03052012 | Director | 24 Jul 2010 | 16 yrs 3 mo | Innovage Fintech Private Limited, Innovage Investment Advisers Private Limited |
| Ajay Arjit Singh DIN 03051938 | Director | 24 Jul 2010 | 16 yrs 3 mo | Innovage Fintech Private Limited, Innovage Investment Advisers Private Limited |
People of 5 nce
3 people are tracked at 5 nce (3 in leadership).
| Name | Role | Group |
|---|---|---|
Vivek Ghokhale | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for 5 nce
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of 5 nce
Figures of Innovage Fintech Private Limited, the primary company behind 5 nce, for FY 2025. Revenue was ₹2.46 Cr (+18% year on year). Net loss was -₹7.74 Cr (-314% margin). EBITDA was -₹6.10 Cr (-247% margin). Revenue has grown at a compounded annual rate of +17% over three years and +18% over five years.
- ₹2.46 CrRevenue · FY 2025 · +18% YoY
- -₹7.74 CrNet loss · -314% margin
- -₹6.10 CrEBITDA · -247% margin
- ₹30.5 LakhPaid-up capital
- 13Employees (provident fund records)
- +17%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innovage Fintech Private Limited are on its company page.
Detailed financial statements for 5 nce
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of 5 nce
4 dated milestones of 5 nce across 11 years, from founding to its latest funding, stage changes and deals.
- Founded 5 nce is founded.
- Funding First funding round of $1.5M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $118K.
Competitors of 5 nce
5 nce has 3 listed competitors in our database, 3 of them funded. They include ACKO, Digit Insurance and Orowealth.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| acko.com | 2016 | Bengaluru, India | $746.17M | 1,261 | Insurance products for vehicles, health, travel, and life are offered. | |
| godigit.com | 2016 | Bengaluru, India | $462.45M | 5,936 | General and life insurance products are provided across multiple categories. | |
| orowealth.com | 2015 | Mumbai, India | $2M | 42 | Platform for alternative asset and mutual fund investments is provided. |
Detailed competitors of 5 nce
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of 5 nce
The website of 5 nce (5nance.com) receives about 10.2K visits a month.
- Monthly visits10.2K
▼ 30.5% vs previous month
Websites whose visitors overlap most with 5 nce. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| immpl.com | 100% | View details | |||
retirewise.in | retirewise.in | 96% | #2,550,069 | – | |
 mostlyeconomics.wordpress.com | mostlyeconomics.wordpress.com | 93% | #2,356,708 | – | |
| righthorizons.com | 90% | 14K | #653,888 | View details | |
fincart.com | fincart.com | 77% | #584,091 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for 5 nce
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- 11 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
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Related news about 5 Nce
Complete news archive for 5 nce
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Frequently Asked Questions about 5 nce
5 nce was founded in 2010 and raised its 1st funding round 4 years after it was founded.
5 nce is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Dinesh Rohira is the CEO of 5 nce, as recorded in our data. They have also founded this company.
5 nce is a funded company, having raised a total of $6.28M across 8 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Jul 2014.
Provider of AI-powered investment and financial advisory services and related products. The company offers investment options including SIP, lumpsum, tax saving funds, and model portfolios. It provides access to equity, gold funds, debentures, and fixed deposits. Loan products such as personal and home loans are available. Tax solutions and insurance advisory services are also offered. The company utilizes algorithms and data analytics to deliver financial services. The app is available on both Android iOS devices.
5 nce's top competitors include Digit Insurance, ACKO and Orowealth.
5 nce has 26 investors. Key investors include Mainspring Fund Services, Chezhiyan Venkatachalam, Hemantkumar Narendra Prasad, Jigna Nirav Shah, and Vijay Jagdish Pathak.
The valuation of 5 nce is $20.58M as of Jul 2021.
5 nce is associated with 2 legal entities: Innovage Fintech Private Limited, Innovage Investment Advisers Private Limited.
The legal entities of 5 nce currently have 2 directors, including Dinesh Rohira Pralhad, Ajay Arjit Singh.
Yes. 5 nce publishes 5nance - Wealth Management and 1 more app, with over 50,000 downloads.