Covesto

Bengaluru, India Founded: 2021 • Age: 5 yrs
Social trading platform that enables users to share and track trades

About Covesto

Covesto is a company based in Bengaluru (India) founded in 2021 by Anmol Shaha and Sumeera Godara.. The company has 1 employees as of April 08, 2024. Covesto offers products and services including Covesto App and Trading Journal. Covesto operates in a competitive market with competitors including FlipItMoney, Trinkerr, Tradilio, ShereIt and Invest With Tribe, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 08 Apr, 2024
  • Founders Anmol Shaha, Sumeera Godara
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Covesto Tech Solutions Private Limited
  • Date of Incorporation 09 May, 2022
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    1

    as on Apr 08, 2024

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Products & Services of Covesto

Covesto offers a comprehensive portfolio of products and services, including Covesto App and Trading Journal. 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.

Primary

App for sharing stock trades and learning from expert strategies.

Tool to analyze and track personal trading activities.

Funding Insights of Covesto

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Covesto

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Covesto

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Covesto Comparisons

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Competitors of Covesto

Covesto 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 FlipItMoney, Trinkerr, Tradilio, ShereIt and Invest With Tribe, 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
App-based stock market trading and analytics platform for individuals
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Provider of algo trading platform for stock assets
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Operates a social trading platform for investors.
domain founded_year HQ Location
White-label social trading network designed for stock brokerage firms.
domain founded_year HQ Location
Functions as an AI-based platform for stock trading and investments.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Covesto

Frequently Asked Questions about Covesto

When was Covesto founded?

Covesto was founded in 2021.

Where is Covesto located?

Covesto is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

How many employees does Covesto have?

As of Apr 08, 2024, the latest employee count at Covesto is 1.

What does Covesto do?

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.

Who are the top competitors of Covesto?

Covesto's top competitors include FlipItMoney, Trinkerr and ShereIt.

What products or services does Covesto offer?

Covesto offers Covesto App and Trading Journal.

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