About Fabits
Fabits is a company based in Bengaluru (India) founded in 2014 by Anoop Kumar, Ajath Anjanappa, and Shreyas Kabirdass. Fabits operates in a competitive market with competitors including Kaleidofin, Tala, Acru, Siply and Dvara Money, among others.
- Headquarter Bengaluru, India
- Founders Anoop Kumar, Ajath Anjanappa, Shreyas Kabirdass
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Sectors
Technology
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Phone
*********
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Website
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- Legal Name Shareway Securities Private Limited
- Date of Incorporation 24 Mar, 2008
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$6.38 K (USD)-85.28as on Mar 31, 2020
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Net Profit
-$115.93 K (USD)-136.62as on Mar 31, 2020
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EBITDA
-$122.07 K (USD)-475.11as on Mar 31, 2020
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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People of Fabits
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Funding Insights of Fabits
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Seed - Fabits | Valuation | Wealth Managers United |
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Investors in Fabits
Fabits has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wealth Managers United.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Offers private wealth management, family offices, and investment banking services.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fabits
Financial Statements - Fabits
Fabits Comparisons
Competitors of Fabits
Fabits 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 Kaleidofin, Tala, Acru, Siply and Dvara Money, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of financial technology solutions for inclusive lending
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| domain | founded_year | HQ Location |
Fintech services for credit, savings, and payments are delivered globally.
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| domain | founded_year | HQ Location |
Micro-savings are enabled via app for mutual fund investments.
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| domain | founded_year | HQ Location |
Provider of micro‑savings and financial inclusion services via AI‑driven app
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| domain | founded_year | HQ Location |
Wealth management services are delivered via diversified tech-enabled accounts.
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| domain | founded_year | HQ Location |
Automated savings are managed through a goal-oriented mobile app.
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Latest news on Fabits
Frequently Asked Questions about Fabits
Fabits was founded in 2014 and raised its 1st funding round 10 years after it was founded.
Fabits is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Annual revenue of Fabits is $6.38K as on Mar 31, 2020.
Fabits was founded in 2014 in Bengaluru, India, within the fintech sector. A platform focused on goal-based investing is provided to individuals, enabling financial needs to be addressed through advisor support for budgeting, retirement savings, and investment strategies. AI-enabled tools are integrated for financial planning and investing, with access granted to habits tracking and curated wealth-building options. Operations are centered in India, serving personal finance requirements.
Fabits's top competitors include Kaleidofin, Tala and Acru.
Fabits has 1 investor. Key investors include Wealth Managers United.