About FundExpert
FundExpert is a Technology company based in Bengaluru (India) founded in 2016 by Prashant Bhargava, and was acquired by Kotak Securities in September 2022. Automated mutual fund investing platform. FundExpert has raised $88.82 thousand across 1 funding round from investors including Kotak Securities, Jingen and Amit Mehta. FundExpert was last valued at $1.3 million in May 2021. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Robo Advisors. Its competitors include Orowealth, 5 nce and Elever; 3 of its 3 listed competitors have raised funding.
Company details
FundExpert was founded in 2016 in Bengaluru, India, as an online platform for mutual fund investments. Funds are shortlisted by the companys algorithm, or systematic investment plans (SIPs) are initiated on user-chosen options. Services include SafeInvest for tax-free returns, FlexiInvest for pre-selected funds, and RoboInvest for algorithm-driven high-return selections. The platform operates under Gumption Labs, which secured 50,000 from VilCap in January 2017.
- Headquarters Bengaluru, India
- Founders Prashant Bhargava
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website fundexpert.in
- Social LinkedIn X Facebook
- Acquired by Kotak Securities (Sep 2022)
- Total Equity Funding$88.82K (USD)
in 1 rounds
- Latest Funding Round$88.82K (USD), Angel Round
May 2021
- InvestorsKotak Securities
& 10 more
- Acquired byKotak Securities
(Sep 2022)
Associated legal entities of FundExpert
FundExpert is associated with 3 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 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kotak Securities Limited CIN U67120MH1994PTC079738 | Active | 20 Jul 1994 | Maharashtra, India | ₹3,915 Cr | 4,811 | View details | |
| Fundexpert Fintech Private Limited CIN U65999KA2020PTC131586 | Active | 14 Jan 2020 | Bangalore, Karnataka | ₹0.6 Cr | 2 | View details | |
| Gumption Labs Finserve Private Limited CIN U72200RJ2009PTC028937 | Active | 22 May 2009 | Kota, Rajasthan | ₹1.7 Cr | 3 | View details |
Apps and channels of FundExpert
FundExpert publishes 2 mobile apps with over 100 downloads.
Funding Insights of FundExpert
FundExpert has successfully raised a total of $88.82K through 1 strategic funding round. The most recent funding activity was a Angel Round of $88.82 thousand completed in May 2021. 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 $88,816
- Total Rounds 1
- Last Round Angel Round — $88,816
- First Round $88,816
(May 2021)
- Investors Count 10
All 1 funding rounds of FundExpert 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 |
|---|---|---|---|---|---|
| May 2021 | $88,816 | Angel Round | $1.3M | Jingen |
| Date | Valuation | Stage |
|---|---|---|
| May 2021 | $1.3M | •••••••• |
Last known valuation $1.3M (May 2021). 11 investors in total: 1 institutional and 10 angel.
Investors in FundExpert
FundExpert has secured backing from 11 investors, including angel and institutional investors. Prominent investors backing the company include Kotak Securities, Jingen and Amit Mehta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online platform for stock trading, mutual funds, and investment tools. | 1994 | kotaksecurities.com | Mumbai, India | |
J Jingen | unknown_7c8355c83b144be5b | |||
AM Amit Mehta | unknown_fdfe2aa3112d4c2e8 | |||
PA Pinky Akash Kumar | unknown_5c651ac5e0ca45ca8 | |||
KS Khivraj Sancheti F | unknown_968be899831e4d7fb | |||
NJ Nekita Jain | unknown_879638fa29a543cfa | |||
UJ Ujjwal Jhabak | unknown_2347ff5c70074bf5b | |||
SD Sarala Dinesh Jain | unknown_730f1a7676b049fb9 | |||
GG G Gunavanth Kumar | unknown_27b1a9b45cff4ba9a | |||
MR Mamta Rakesh Nahar | unknown_b65cd83882ee449b9 |
Investor details for FundExpert
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 FundExpert
The boards of the 2 registered companies of FundExpert currently have 5 directors; the longest-serving is Chandra Kanta Sharda, appointed in 2011. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Chandra Kanta Sharda DIN 05150794 | Director | 17 Dec 2011 | 14 yrs 10 mo | Gumption Labs Finserve Private Limited |
| Anuraag Saboo DIN 01452760 | Whole-time director | 14 Jan 2020 | 6 yrs 9 mo | Fundexpert Fintech Private Limited |
| Amit Sharda DIN 02881197 | Whole-time director | 14 Jan 2020 | 6 yrs 9 mo | Fundexpert Fintech Private Limited |
| Birla Sheetal DIN 05147131 | Director | 24 Sep 2022 | 4 yrs 1 mo | Gumption Labs Finserve Private Limited |
| Shilpa Saboo DIN 06923447 | Director | 24 Sep 2022 | 4 yrs 1 mo | Gumption Labs Finserve Private Limited |
People of FundExpert
1 people are tracked at FundExpert (1 in leadership).
| Name | Role | Group |
|---|---|---|
Prashant Bhargava | Co-Founder | Leadership |
Complete people profiles for FundExpert
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of FundExpert
Figures of Fundexpert Fintech Private Limited, the primary company behind FundExpert, for FY 2024. Revenue was ₹57.5 Lakh (-96% year on year). Net loss was -₹16.8 Lakh (-29% margin). EBITDA was -₹12.1 Lakh (-21% margin). Revenue has grown at a compounded annual rate of +47% over three years.
- ₹57.5 LakhRevenue · FY 2024 · -96% YoY
- -₹16.8 LakhNet loss · -29% margin
- -₹12.1 LakhEBITDA · -21% margin
- ₹1.1 LakhPaid-up capital
- +47%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Fundexpert Fintech Private Limited are on its company page.
Detailed financial statements for FundExpert
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of FundExpert
4 dated milestones of FundExpert across 6 years, from founding to its latest funding, stage changes and deals.
- Founded FundExpert is founded.
- Funding First funding round of $89K.
- Milestone Reaches Minicorn status.
- Exit Acquired by Kotak Securities.
Competitors of FundExpert
FundExpert has 3 listed competitors in our database, 3 of them funded. They include Orowealth, 5 nce and Elever.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| orowealth.com | 2015 | Mumbai, India | $2M | 42 | Platform for alternative asset and mutual fund investments is provided. | |
| 5nance.com | 2010 | Mumbai, India | $6.28M | 13 | AI-powered investment and financial advisory services are provided. | |
| elever.app | 2020 | Bengaluru, India | $4.76M | 12 | Goal-based investments are enabled via an app-based platform. |
Detailed competitors of FundExpert
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.
Web traffic of FundExpert
The website of FundExpert (fundexpert.in) receives about 1.4K visits a month.
- Monthly visits1.4K
▼ 75.6% vs previous month
Websites whose visitors overlap most with FundExpert. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| garvthakur.com | 100% | #2,007,842 | View details | ||
traderscockpit.com | traderscockpit.com | 92% | #516,944 | – | |
masterstrokeonline.com | masterstrokeonline.com | 92% | #341,921 | – | |
| kuvera.in | 92% | 467.7K | #76,211 | View details | |
cafsmoney.com | cafsmoney.com | 92% | #710,049 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for FundExpert
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as FundExpert (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Fundexpert
Complete news archive for FundExpert
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Frequently Asked Questions about FundExpert
FundExpert was founded in 2016 and raised its 1st funding round 5 years after it was founded.
FundExpert is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
FundExpert is a funded company, having raised a total of $88.82K across 1 funding round to date. The company's 1st funding round was a Angel Round of $88.82K, raised on May 2021.
FundExpert was founded in 2016 in Bengaluru, India, as an online platform for mutual fund investments. Funds are shortlisted by the companys algorithm, or systematic investment plans (SIPs) are initiated on user-chosen options. Services include SafeInvest for tax-free returns, FlexiInvest for pre-selected funds, and RoboInvest for algorithm-driven high-return selections. The platform operates under Gumption Labs, which secured 50,000 from VilCap in January 2017.
FundExpert has 11 investors. Key investors include Kotak Securities, Jingen, Amit Mehta, Pinky Akash Kumar, and Khivraj Sancheti F.
The valuation of FundExpert is $1.3M as of May 2021.
FundExpert is associated with 3 legal entities: Fundexpert Fintech Private Limited, Kotak Securities Limited, Gumption Labs Finserve Private Limited.
Yes. FundExpert was acquired by Kotak Securities in September 2022.
The legal entities of FundExpert currently have 5 directors, including Anuraag Saboo, Amit Sharda, Birla Sheetal and others.
Yes. FundExpert publishes Xpertvoice and 1 more app, with over 100 downloads.