About EarnWealth
EarnWealth is a company based in Pune (India) founded in 2014 by Rajesh P Nair. EarnWealth has raised $1.01 million across 3 funding rounds from investors including Shalaka Samel, Deepak Jugoolkar and Shweta Alok Mishra. The company has 1,018 employees as of July 31, 2024. EarnWealth operates in a competitive market with competitors including GroMo, Clix Capital, InCred, DMI Finance and Niyogin, among others.
- Headquarter Pune, India
- Employees 1018 as on 31 Jul, 2024
- Founders Rajesh P Nair
- Stage Minicorn
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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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Annual Revenue
$197.98 K (USD)32as on Mar 31, 2024
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Net Profit
-$126.25 K (USD)28as on Mar 31, 2024
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EBITDA
-$118.91 K (USD)28as on Mar 31, 2024
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Total Equity Funding
$1.01 M (USD)
in 3 rounds
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Latest Funding Round
$308.25 K (USD), Angel Round
Apr 21, 2022
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Investors
& 14 more
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Employee Count
1018
as on Jul 31, 2024
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People of EarnWealth
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Funding Insights of EarnWealth
EarnWealth has successfully raised a total of $1.01M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $308.25 thousand completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Angel Round — $308,252
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First Round
First Round
(20 Feb 2018)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Angel Round - EarnWealth | Valuation | Shweta Alok Mishra , Abdulhusen Taherbhai Bhagat | |
| Aug, 2021 | Amount | Angel Round - EarnWealth | Valuation | Shalaka Samel | |
| Feb, 2018 | Amount | Angel Round - EarnWealth | Valuation | Ranjana Prashant |
Investors in EarnWealth
EarnWealth has secured backing from 15 investors, including angel investors. Prominent investors backing the company include Shalaka Samel, Deepak Jugoolkar and Shweta Alok Mishra.
| Investor | Description | Founded Year | Domain | Location |
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SS
Shalaka Samel |
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Founded Year | Domain | Location |
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DJ
Deepak Jugoolkar |
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Founded Year | Domain | Location |
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SA
Shweta Alok Mishra |
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Founded Year | Domain | Location |
Investments & Acquisitions by EarnWealth
Financial Statements - EarnWealth
Earnwealth Comparisons
Competitors of EarnWealth
EarnWealth 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 GroMo, Clix Capital, InCred, DMI Finance and Niyogin, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Platform enabling individuals to sell financial products and earn commissions
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| domain | founded_year | HQ Location |
Lending platform for consumers and businesses is provided.
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| domain | founded_year | HQ Location |
Financial services are provided, specializing in personal and business loans.
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| domain | founded_year | HQ Location |
Personal, MSME, consumption, and EV loans are provided digitally.
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| domain | founded_year | HQ Location |
Online lending marketplace for business loans
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| domain | founded_year | HQ Location |
NBFC offering loans to entrepreneurs, MSMEs, and individuals
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Latest news on Earnwealth
Frequently Asked Questions about EarnWealth
EarnWealth was founded in 2014 and raised its 1st funding round 4 years after it was founded.
EarnWealth is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Rajesh P Nair is the current CEO of EarnWealth. They have also founded this company.
EarnWealth is a funded company, having raised a total of $1.01M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $201.25K, raised on Feb 20, 2018.
As of Jul 31, 2024, the latest employee count at EarnWealth is 1,018.
Annual revenue of EarnWealth is $197.98K as on Mar 31, 2024.
EarnWealth was established in 2014 in Pune, India, operating across financial services, technology, and consumer goods sectors. Customized lending options are extended to individuals and businesses. Wealth management encompasses investment advisory, strategic planning, and risk assessment. Technology platforms are built to improve operational efficiency and client interfaces. Fast-moving consumer goods are manufactured and distributed through various channels.
EarnWealth's top competitors include InCred, Clix Capital and Usha Financial.
EarnWealth has 15 investors. Key investors include Shalaka Samel, Deepak Jugoolkar, Shweta Alok Mishra, Abdulhusen Taherbhai Bhagat, and Abhilash Dahake.
The valuation of EarnWealth is $7.3M as of Apr 2022.