About Credence Family Office
Credence Family Office is a company based in Bengaluru (India) founded in 2010 by Mitesh Shah, Gaurav Dhawan, and Sanjay Gowda was acquired by Equirus Capital in February 2025.. The company has 40 employees as of April 07, 2024. Credence Family Office offers products and services including Wealth Management, Estate Planning, Tax Planning, Business Advisory, and Risk Management. Credence Family Office operates in a competitive market with competitors including Client Associates, Alpha Capital, Entrust Family Office, Altamount Capital Management and Cervin Family Office & Advisors, among others.
- Headquarter Bengaluru, India
- Employees 40 as on 07 Apr, 2024
- Founders Mitesh Shah, Gaurav Dhawan, Sanjay Gowda
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Credence Family Office Private Limited
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$2.45 M (USD)35.03as on Mar 31, 2023
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Net Profit
$191.25 K (USD)197.37as on Mar 31, 2023
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EBITDA
$404.08 K (USD)68.74as on Mar 31, 2023
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Latest Funding Round
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Investors
Equirus Capital
& 1 more
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Employee Count
40
as on Apr 07, 2024
- Acquired by
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Products & Services of Credence Family Office
Credence Family Office offers a comprehensive portfolio of products and services, including Wealth Management, Estate Planning, Tax Planning, Business Advisory, and Risk Management. 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.
Advisory services for managing and growing investments for high-net-worth clients
Services for asset distribution and inheritance planning
Strategic planning to optimize taxes for individuals and businesses
Guidance on business growth and risk management strategies
Assessment and mitigation of financial risks for clients
Funding Insights of Credence Family Office
| 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 Credence Family Office
Credence Family Office has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Equirus Capital and TIW Private Equity. 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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Private equity investments and growth acceleration in various sectors.
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Founded Year | Domain | Location | |
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Corporate financial advisory services are provided to middle-market companies.
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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 Credence Family Office
| 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 - Credence Family Office
| 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 |
Credence Family Office Comparisons
Competitors of Credence Family Office
Credence Family Office 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 Client Associates, Alpha Capital, Entrust Family Office, Altamount Capital Management and Cervin Family Office & Advisors, 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 |
Private wealth management and investment advisory services are provided.
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| domain | founded_year | HQ Location |
Tailored financial solutions are offered to high-net-worth individuals and families.
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| domain | founded_year | HQ Location |
Multi Family Office
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| domain | founded_year | HQ Location |
Boutique financial services are specialized in for high-net-worth clients.
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| domain | founded_year | HQ Location |
Provider of family office advisory 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 Credence Family Office
Frequently Asked Questions about Credence Family Office
When was Credence Family Office founded?
Credence Family Office was founded in 2010.
Where is Credence Family Office located?
Credence Family Office is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Credence Family Office?
Mitesh Shah is the current CEO of Credence Family Office. They have also founded this company.
How many employees does Credence Family Office have?
As of Apr 07, 2024, the latest employee count at Credence Family Office is 40.
What is the annual revenue of Credence Family Office?
Annual revenue of Credence Family Office is $2.45M as on Mar 31, 2023.
What does Credence Family Office do?
Credence Family Office was established in 2010 in Bengaluru, India, as a multi-family office within the financial services sector. Wealth management, estate planning, and statutory compliance are handled for high-net-worth families. Operations focus on comprehensive advisory and administrative support, with co-founders Mitesh Shah, Gaurav Dhawan, and Sanjay Gowda leading the firm. The domain credencefamilyoffice.com serves as the primary online presence.
Who are the top competitors of Credence Family Office?
Credence Family Office's top competitors include Client Associates, Alpha Capital and Entrust Family Office.
What products or services does Credence Family Office offer?
Credence Family Office offers Wealth Management, Estate Planning, Tax Planning, Business Advisory, and Risk Management.
Who are Credence Family Office's investors?
Credence Family Office has 2 investors. Key investors include Equirus Capital, and TIW Private Equity.