About Divine Finserve
Divine Finserve was a Financial Services company based in Gurugram (India) founded in 2021. It operates an app-based platform for seamless mutual fund investments. It operates on a B2C model. The company is recorded as dissolved. Its focus areas include Fintech, Investment Platforms and Mutual Funds. Its legal entity in India is Divine Colors Private Limited (U93000DL2017PTC320471). Its competitors include Scripbox, FundsIndia and Kuvera; 3 of its 3 listed competitors have raised funding.
Company details
Divine Finserve, based in Gurugram, focuses on offering financial products and advice, fintech, operating investment platforms, and managing mutual funds. Operates an app-based platform for seamless mutual fund investments. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Gurugram, India
- SectorsFinancial Services
- Website divinefinserve.com
- Legal Name Divine Colors Private Limited
- Date of Incorporation 11 Jul, 2017
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹6,652
FY 2022 · -81% YoY
- Net Profit₹1,812
FY 2022 · 27% margin
- EBITDA₹6,581
FY 2022 · 99% margin
Associated legal entities of Divine Finserve
Divine Finserve operates through Divine Colors Private Limited (under process of striking off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Divine Colors Private Limited CIN U93000DL2017PTC320471 | Under Process Of Striking Off | 11 Jul 2017 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Board of directors of Divine Colors Private Limited (Divine Finserve)
Divine Colors Private Limited is the primary company behind Divine Finserve. The board of Divine Colors Private Limited currently have 2 directors; the longest-serving is Rahul Arora, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Arora DIN 07846597 | Director | 11 Jul 2017 | 9 yrs 3 mo | Divine Colors Private Limited |
| Shruti Vasishta DIN 07846589 | Director | 11 Jul 2017 | 9 yrs 3 mo | Divine Colors Private Limited |
Financials of Divine Finserve
Figures of Divine Colors Private Limited, the primary company behind Divine Finserve, for FY 2022. Revenue was ₹6,652 (-81% year on year). Net profit was ₹1,812 (27% margin). EBITDA was ₹6,581 (99% margin). Revenue has grown at a compounded annual rate of -83% over three years.
- ₹6,652Revenue · FY 2022 · -81% YoY
- ₹1,812Net profit · 27% margin
- ₹6,581EBITDA · 99% margin
- ₹10 LakhPaid-up capital
- -83%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Divine Colors Private Limited are on its company page.
Detailed financial statements for Divine Finserve
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Competitors of Divine Finserve
Divine Finserve has 3 listed competitors in our database, 3 of them funded. They include Scripbox, FundsIndia and Kuvera.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| scripbox.com | 2012 | Bengaluru, India | $83.98M | 398 | Platform offering mutual fund investments, financial planning, and wealth growth services | |
| fundsindia.com | 2008 | Chennai, India | $16.64M | 881 | Online investment platform for mutual funds and other financial products | |
| kuvera.in | 2016 | Bengaluru, India | $10.11M | 82 | Mutual fund portfolios are created via an app-based investment platform. |
Detailed competitors of Divine Finserve
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Frequently Asked Questions about Divine Finserve
Divine Finserve was founded in 2021.
Divine Finserve is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind Divine Finserve, Divine Colors Private Limited, reported revenue of ₹6,652 for FY 2022, down 81% year on year.
Divine Finserve, based in Gurugram, focuses on offering financial products and advice, fintech, operating investment platforms, and managing mutual funds. Operates an app-based platform for seamless mutual fund investments. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Divine Finserve's top competitors include Scripbox, FundsIndia and Kuvera.
Divine Finserve operates through Divine Colors Private Limited.
The legal entities of Divine Finserve currently have 2 directors, including Rahul Arora, Shruti Vasishta.