About CashRich
CashRich is a company based in Mumbai (India) founded in 2015 by Sougata Basu.. CashRich has raised $1.81 million across 3 funding rounds from investors including Andrew Tombs, Noel Hayden and Robin Tombs. CashRich offers products and services including Dynamic SIP, Retirement Calculator, and Wealth Management App. CashRich operates in a competitive market with competitors including Scripbox, FundsIndia, Kuvera, AssetPlus and Bandhan Mutual Fund, among others.
- Headquarter Mumbai, India
- Founders Sougata Basu
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Cr Cashrich Fintech Private Limited
- Date of Incorporation 24 Oct, 2018
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$69.35 K (USD)233.47as on Mar 31, 2022
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Net Profit
$-31.38 K (USD)22.4as on Mar 31, 2022
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EBITDA
$-18.02 K (USD)63.94as on Mar 31, 2022
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Total Equity Funding
$1.81 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Angel Round
Sep 21, 2018
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Investors
& 2 more
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Employee Count
Employee Count
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Products & Services of CashRich
CashRich offers a comprehensive portfolio of products and services, including Dynamic SIP, Retirement Calculator, and Wealth Management App. 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.
Adjusts mutual fund investments based on market levels for better returns.
Estimates potential fund depletion using user spending and investing habits.
Facilitates easy SIP setup, tracking, and withdrawal for financial goal achievement.
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Funding Insights of CashRich
CashRich has successfully raised a total of $1.81M across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $1 million completed in September 2018. 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 Total Funding
- Total Rounds 3
- Last Round Angel Round — $1.0M
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First Round
First Round
(01 Sep 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Angel Round - CashRich | Valuation | Robin Tombs | |
| Jan, 2017 | Amount | Angel Round - CashRich | Valuation | Noel Hayden , Robin Tombs | |
| Sep, 2015 | Amount | Angel Round - CashRich | Valuation | Robin Tombs , Noel Hayden |
| 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 |
Investors in CashRich
CashRich has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Andrew Tombs, Noel Hayden and Robin Tombs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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AT
Andrew Tombs |
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Founded Year | Domain | Location |
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NH
Noel Hayden |
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Founded Year | Domain | Location |
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RT
Robin Tombs |
Co-founder of Yoti, angel investor, focused on tech and identity solutions
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CashRich
| 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 - CashRich
| 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 |
Cashrich Comparisons
Competitors of CashRich
CashRich 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 Scripbox, FundsIndia, Kuvera, AssetPlus and Bandhan Mutual Fund, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform offering mutual fund investments, financial planning, and wealth growth services
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| domain | founded_year | HQ Location |
Online investment platform for mutual funds and other financial products
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| domain | founded_year | HQ Location |
Mutual fund portfolios are created via an app-based investment platform.
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| domain | founded_year | HQ Location |
Mutual fund investments are enabled via advisor-assisted diversified plans.
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| domain | founded_year | HQ Location |
Online platform for investing in mutual funds
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| domain | founded_year | HQ Location |
Online platform for mutual funds, stock broking, and other investment services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Cashrich
Frequently Asked Questions about CashRich
When was CashRich founded?
CashRich was founded in 2015.
Where is CashRich located?
CashRich is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is CashRich a funded company?
CashRich is a funded company, having raised a total of $1.81M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $225.84K, raised on Sep 01, 2015.
What is the annual revenue of CashRich?
Annual revenue of CashRich is $69.35K as on Mar 31, 2022.
What does CashRich do?
CashRich was founded in 2015 in Mumbai, India, within the fintech sector focused on mutual fund investments. Dynamic systematic investment plans are enabled through the platform, allowing automated contributions that adjust to market conditions. Portfolios can be managed, investments tracked, and withdrawals processed. Access to various mutual fund schemes is provided, along with personalized guidance and dedicated support. Secure transactions are prioritized for fund transfers.
Who are the top competitors of CashRich?
CashRich's top competitors include Scripbox, FundsIndia and AssetPlus.
What products or services does CashRich offer?
CashRich offers Dynamic SIP, Retirement Calculator, and Wealth Management App.
Who are CashRich's investors?
CashRich has 3 investors. Key investors include Andrew Tombs, Noel Hayden, and Robin Tombs.
What is CashRich's valuation?
The valuation of CashRich is $6.26M as of Sep 2018.