About Altitude
Altitude is a Technology company based in Mumbai (India) founded in 2021 by Krishna Maggo. Fixed income alternative investment platform for individuals. Altitude has raised $582.41 thousand across 3 funding rounds from investors including Swiggy, Robinhood and Yes Bank. The company has 1 employees. Its chief executive, as recorded, is Krishna Maggo. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Fixed Income. Its legal entity in India is Auctic Solutions Private Limited (U74999DL2021PTC386817). Its competitors include Tap Invest, Fixerra and Bondbazaar; 2 of its 3 listed competitors have raised funding.
Company details
Altitude was founded in 2021 in Mumbai, India, as a platform for fixed income alternative investments targeted at individuals. Investments are diversified across asset classes including real estate, private credit, litigation finance, inventory and revenue-based finance, structured notes, and private equity. Early liquidity options are incorporated alongside income generation from traditional assets. Operations are managed from India to facilitate access for individual investors.
- Headquarters Mumbai, India
- Employees 1
- Founders Krishna Maggo
- SectorsTechnology
- Email••••••••
- Website altitude.club
- Social LinkedIn
- Legal Name Auctic Solutions Private Limited
- Date of Incorporation 21 Sep, 2021
- Jurisdiction Delhi, India
- Total Equity Funding$582.41K (USD)
in 3 rounds
- Latest Funding Round$500K (USD), Seed
Oct 2023
- InvestorsSwiggy
& 17 more
- Employee Count1
Associated legal entities of Altitude
Altitude operates through Auctic Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Auctic Solutions Private Limited CIN U74999DL2021PTC386817 | Active | 21 Sep 2021 | Delhi, Delhi | 2 | View details |
Funding Insights of Altitude
Altitude has successfully raised a total of $582.41K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in October 2023. 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 $582,406
- Total Rounds 3
- Last Round Seed — $500,000
- First Round $25,783
(Mar 2022)
- Investors Count 18
All 3 funding rounds of Altitude 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 |
|---|---|---|---|---|---|
| Oct 2023 | $500,000 | Seed | – | – | |
| Jul 2022 | $56,623 | Seed | – | – | |
| Mar 2022 | $25,783 | Seed | – | Girish Prakash Deshpande |
18 investors in total: 8 institutional and 10 angel.
Investors in Altitude
Altitude has secured backing from 18 investors, including institutional and angel investors. Prominent investors backing the company include Swiggy, Robinhood and Yes Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | swiggy.com | Bengaluru, India | |
Online restaurant table reservations are facilitated in Indian cities. | 2012 | dineout.co.in | Noida, India | |
Commercial banking services are offered to individuals and businesses. | 2004 | yesbank.in | Mumbai, India | |
Brand of beauty and personal care products | goodglamm.com | Delhi, India | ||
Commission-free trading and investment services are provided by Robinhood. | 2013 | robinhood.com | Menlo Park, United States | |
Wipro is recognized as a consulting-led, AI-powered technology services company. | 1945 | wipro.com | Bengaluru, India | |
Limited information available | singhviheritage.tcc.mode | Chennai, India | ||
| rediansoftware.com | ||||
RG Rajat Gupta | Angel investor, ex-McKinsey head, convicted for insider trading, influential in India. | unknown_844b7abde7194d338 | ||
AS Amitesh Sinha | unknown_b761897ec09e413ca |
Investor details for Altitude
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Auctic Solutions Private Limited (Altitude)
Auctic Solutions Private Limited is the primary company behind Altitude. The board of Auctic Solutions Private Limited currently have 2 directors; the longest-serving is Sachin Maggo, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sachin Maggo DIN 09326847 | Director | 21 Sep 2021 | 5 yrs 1 mo | Auctic Solutions Private Limited |
| Deep Shikha DIN 09326848 | Director | 21 Sep 2021 | 5 yrs 1 mo | Auctic Solutions Private Limited |
People of Altitude
1 people are tracked at Altitude (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Krishna Maggo | Founder & CEO | Leadership |
Complete people profiles for Altitude
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Altitude
3 dated milestones of Altitude across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Altitude is founded.
- Funding First funding round of $26K.
- Funding Latest funding round, Seed, of $500K.
Competitors of Altitude
Altitude has 3 listed competitors in our database, 2 of them funded. They include Tap Invest, Fixerra and Bondbazaar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tapinvest.in | 2021 | Bengaluru, India | $2.3M | 45 | Provides fixed income investments and exclusive services for affluent investors. | |
| fixerra.in | 2023 | Mumbai, India | $2.23M | Fixed deposit marketplace for banks | ||
| bondbazaar.com | 2020 | Mumbai, India | 69 | Operates a digital hub for trading bonds and delivering essential financial services. |
Detailed competitors of Altitude
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Altitude (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Altitude
Complete news archive for Altitude
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Frequently Asked Questions about Altitude
Altitude was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Altitude is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Krishna Maggo is the CEO of Altitude, as recorded in our data. They have also founded this company.
Altitude is a funded company, having raised a total of $582.41K across 3 funding rounds to date. The company's 1st funding round was a Seed of $25.78K, raised on Mar 2022.
Altitude has 1 employees.
Altitude was founded in 2021 in Mumbai, India, as a platform for fixed income alternative investments targeted at individuals. Investments are diversified across asset classes including real estate, private credit, litigation finance, inventory and revenue-based finance, structured notes, and private equity. Early liquidity options are incorporated alongside income generation from traditional assets. Operations are managed from India to facilitate access for individual investors.
Altitude's top competitors include Fixerra, Bondbazaar and Tap Invest.
Altitude has 18 investors. Key investors include Swiggy, Robinhood, Yes Bank, The Good Glamm Group, and Wipro.
Altitude operates through Auctic Solutions Private Limited.
The legal entities of Altitude currently have 2 directors, including Sachin Maggo, Deep Shikha.