About Covesto
Covesto is a Technology company based in Bengaluru (India) founded in 2021 by Anmol Shaha and Sumeera Godara. Social trading platform that enables users to share and track trades. The company has 1 employees. Covesto offers products and services including Covesto App and Trading Journal. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Stocks. Its legal entity in India is Covesto Tech Solutions Private Limited (U72900KA2022PTC161033). Its competitors include FlipItMoney, Trinkerr and Tradilio; 2 of its 3 listed competitors have raised funding.
Company details
Covesto was founded in 2021 in Bengaluru, India, as a social trading platform in the fintech sector. Users are connected with like-minded traders and SEBI-registered advisors through the platform. Real-time market updates and live trades are provided, along with a community ecosystem for investing. Operations focus on enabling trade sharing and tracking for new-age investors across India.
- Headquarters Bengaluru, India
- Employees 1
- Founders Anmol Shaha, Sumeera Godara
- SectorsTechnology
- Email••••••••
- Website covesto.in
- Social LinkedIn Facebook
- Legal Name Covesto Tech Solutions Private Limited
- Date of Incorporation 09 May, 2022
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹37,044
FY 2025 · -68% YoY
- Net Loss-₹38.5 Lakh
FY 2025 · -10405% margin
- EBITDA-₹38.1 Lakh
FY 2025 · -10297% margin
- Employee Count1
Associated legal entities of Covesto
Covesto operates through Covesto Tech Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Covesto Tech Solutions Private Limited CIN U72900KA2022PTC161033 | Active | 09 May 2022 | Bangalore, Karnataka | ₹0.0 Cr | 2 | View details |
Products & Services of Covesto
Covesto offers a comprehensive portfolio of products and services, including Covesto App and Trading Journal.
App for sharing stock trades and learning from expert strategies.
Tool to analyze and track personal trading activities.
Board of directors of Covesto Tech Solutions Private Limited (Covesto)
Covesto Tech Solutions Private Limited is the primary company behind Covesto. The board of Covesto Tech Solutions Private Limited currently have 2 directors; the longest-serving is Sumeera Godara, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumeera Godara DIN 09599867 | Director | 09 May 2022 | 4 yrs 5 mo | Covesto Tech Solutions Private Limited |
| Anmol Shaha DIN 09599866 | Director | 09 May 2022 | 4 yrs 5 mo | Covesto Tech Solutions Private Limited |
People of Covesto
2 people are tracked at Covesto (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Covesto
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Covesto
Figures of Covesto Tech Solutions Private Limited, the primary company behind Covesto, for FY 2025. Revenue was ₹37,044 (-68% year on year). Net loss was -₹38.5 Lakh (-10405% margin). EBITDA was -₹38.1 Lakh (-10297% margin).
- ₹37,044Revenue · FY 2025 · -68% YoY
- -₹38.5 LakhNet loss · -10405% margin
- -₹38.1 LakhEBITDA · -10297% margin
- ₹54.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Covesto Tech Solutions Private Limited are on its company page.
Detailed financial statements for Covesto
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Covesto
Covesto has 3 listed competitors in our database, 2 of them funded. They include FlipItMoney, Trinkerr and Tradilio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flipit.money | 2020 | Gurugram, India | $2.87M | 4 | App-based stock market trading and analytics platform for individuals | |
| trinkerr.com | 2021 | Bengaluru, India | $8.26M | 23 | Provider of algo trading platform for stock assets | |
| tradilio.com | 2018 | Gurugram, India | Operates a social trading platform for investors. |
Detailed competitors of Covesto
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Covesto (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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Frequently Asked Questions about Covesto
Covesto was founded in 2021.
Covesto is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Covesto has 1 employees.
The primary company behind Covesto, Covesto Tech Solutions Private Limited, reported revenue of ₹37,044 for FY 2025, down 68% year on year.
Covesto was founded in 2021 in Bengaluru, India, as a social trading platform in the fintech sector. Users are connected with like-minded traders and SEBI-registered advisors through the platform. Real-time market updates and live trades are provided, along with a community ecosystem for investing. Operations focus on enabling trade sharing and tracking for new-age investors across India.
Covesto's top competitors include FlipItMoney, Trinkerr and Tradilio.
Covesto offers Covesto App and Trading Journal.
Covesto operates through Covesto Tech Solutions Private Limited.
The legal entities of Covesto currently have 2 directors, including Sumeera Godara, Anmol Shaha.