About Cumulative Ventures
Cumulative Ventures is a Financial Services company based in Mumbai (India) founded in 2015 by Swapnilsagar Vithalani. It operates as a wealth management firm. Its focus areas include Asset Management and Wealth Management. Its competitors include Muthoot Fincorp, Stratzy, Motilal Oswal Private Wealth, Muthoot Group and Fortune Wealth Management and 3 more; 1 of its 8 listed competitors has raised funding.
Company details
Cumulative Ventures, based in Mumbai, focuses on offering financial products and advice, managing assets, and managing wealth portfolios. Wealth management firm. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Founders Swapnilsagar Vithalani
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website cumulativeventures.com
- Social LinkedIn X Facebook
- Annual Revenue$89.34 K (USD)35as on Mar 31, 2021
- Net Profit$9.03 K (USD)1307as on Mar 31, 2021
- EBITDA$12.02 K (USD)1168as on Mar 31, 2021
- Investors
Associated legal entities of Cumulative Ventures
Cumulative Ventures is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cumulative Asset Management Llp CIN ACB-1623 | Active | 13 May 2023 | Mumbai, Maharashtra | – | – | 2 | View details |
| Cumulative Ventures Llp CIN AAF-3308 | Active | 15 Dec 2015 | Mumbai, Maharashtra | ₹3.4 Cr | – | 2 | View details |
Funding Insights of Cumulative Ventures
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Cumulative Ventures 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 |
|---|---|---|---|---|---|
| Dec 2021 | – | Seed | – | Credence Family Office | – |
1 investors in total: 1 institutional.
Investors in Cumulative Ventures
Cumulative Ventures has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Credence Family Office.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi Family Office | 2010 | credencefamilyoffice.com | Bengaluru, India |
Investor details for Cumulative Ventures
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Cumulative Ventures
The boards of the 2 registered companies of Cumulative Ventures currently have 4 directors; the longest-serving is Swapnilsagar Rameshchandra Vithalani, appointed in 2015. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swapnilsagar Rameshchandra Vithalani DIN 07315009 | Designated Partner | 15 Dec 2015 | 10 yrs 10 mo | Cumulative Ventures Llp |
| Arpita Maniyar DIN 08714971 | Designated Partner | 14 Dec 2020 | 5 yrs 10 mo | Cumulative Ventures Llp |
| Ramasubramanian Guruswamy DIN 07933378 | Designated Partner | 13 May 2023 | 3 yrs 5 mo | Cumulative Asset Management Llp |
| Madhusudan N Sarda DIN 00012977 | Designated Partner | 08 Aug 2024 | 2 yrs 2 mo | Cumulative Asset Management Llp |
People of Cumulative Ventures
1 people are tracked at Cumulative Ventures (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Managing Partner | Leadership |
Complete people profiles for Cumulative Ventures
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 Cumulative Ventures
Figures of Cumulative Ventures Llp, the primary company behind Cumulative Ventures, for FY 2023. Revenue was ₹3.39 Cr (+99% year on year). Net profit was ₹42.3 Lakh (12% margin). EBITDA was ₹45.3 Lakh (13% margin). Revenue has grown at a compounded annual rate of +90% over three years and +308% over five years.
- ₹3.39 CrRevenue · FY 2023 · +99% YoY
- ₹42.3 LakhNet profit · 12% margin
- ₹45.3 LakhEBITDA · 13% margin
- +90%Revenue CAGR, 3 years
- +308%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cumulative Ventures Llp are on its company page.
Detailed financial statements for Cumulative Ventures
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.
Timeline of Cumulative Ventures
2 dated milestones of Cumulative Ventures across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Cumulative Ventures is founded.
- Funding First funding round.
Competitors of Cumulative Ventures
Cumulative Ventures has 8 listed competitors in our database, 1 of them funded. They include Muthoot Fincorp, Stratzy, Motilal Oswal Private Wealth, Muthoot Group and Fortune Wealth Management, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| muthootfincorp.com | 1887 | Thiruvananthapuram, India | – | 40,991 | Non-banking financial company specializes in providing a range of financial products & services | |
| stratzy.in | 2021 | Mumbai, India | $800,000 | – | Provider of wealth management services | |
| motilaloswalpwm.com | 2007 | Mumbai, India | – | 7,917 | Offers comprehensive wealth management services, including portfolio advisory and financial planning. | |
| muthootgroup.com | 1887 | Ernakulam, India | – | 28,933 | Diversified operations are conducted across multiple industries by Muthoot Group. | |
| fortunewmc.com | 2004 | Coimbatore, India | – | 19 | Provides investment management, broking, and wealth creation services for clients in India. | |
| amrapali.com | 1988 | Silvassa, India | – | 36 | Investment management services are provided to clients by the firm. | |
| wmuindia.com | 2011 | Bengaluru, India | – | – | Offers private wealth management, family offices, and investment banking services. | |
| ladderup.com | 1993 | Mumbai, India | – | – | Boutique investment bank focused on middle market |
Detailed competitors of Cumulative Ventures
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 Asset Management
10 companies that operate in the same segment as Cumulative Ventures (Asset Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital entertainment, e-commerce, and financial services are provided globally. | 2006 | Singapore, Singapore, Singapore | USD 721.47 M | USD 22.94 B | 3,733 | |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | 1946 | Boston, Massachusetts, United States | USD 517.99 M | – | – | |
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | – | – | – | |
Global banking, investment, and wealth management services are offered worldwide. | 1974 | London, England, United Kingdom | – | USD 6.37 B | 7,550 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Diversified investment management services are offered across multiple asset classes. | 2001 | Rio De Janeiro, Rio De Janeiro, Brazil | USD 273 M | – | – | |
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Investment banking services are delivered across multiple financial sectors. | 1869 | New York, New York, United States | – | USD 126.21 B | 46,500 | |
Universal banking and financial advisory services are provided globally. | 1865 | London, England, United Kingdom | – | USD 141.4 B | 211,000 | |
Insurance and asset management services are offered in multiple regions. | 1696 | London, England, United Kingdom | – | USD 78.79 B | 29,090 |
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Frequently Asked Questions about Cumulative Ventures
Cumulative Ventures was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Cumulative Ventures is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Annual revenue of Cumulative Ventures is $89.34K as on Mar 31, 2021.
Cumulative Ventures, based in Mumbai, focuses on offering financial products and advice, managing assets, and managing wealth portfolios. Wealth management firm. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Cumulative Ventures's top competitors include Stratzy, Muthoot Fincorp and Muthoot Group.
Cumulative Ventures has 1 investor. Key investors include Credence Family Office.
Cumulative Ventures is associated with 2 legal entities: Cumulative Ventures Llp, Cumulative Asset Management Llp.
The legal entities of Cumulative Ventures currently have 4 directors, including Arpita Maniyar, Swapnilsagar Rameshchandra Vithalani, Ramasubramanian Guruswamy and others.