About FundExpert
FundExpert is a company based in Bengaluru (India) founded in 2016 by Prashant Bhargava was acquired by Kotak Securities in September 2022.. FundExpert has raised $88.82 thousand across 1 funding round from investors including Kotak Securities, Jingen and Amit Mehta. FundExpert operates in a competitive market with competitors including Kristal, Wahed, Orowealth, 5 nce and Elever, among others.
- Headquarter Bengaluru, India
- Founders Prashant Bhargava
- Stage Minicorn
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Sectors
Technology
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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
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Net Profit
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EBITDA
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Total Equity Funding
$88.82 K (USD)
in 1 rounds
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Latest Funding Round
$88.82 K (USD), Angel Round
May 01, 2021
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Investors
Kotak Securities
& 10 more
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Employee Count
Employee Count
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Acquired by
Kotak Securities
(Sep 09, 2022)
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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 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 Total Funding
- Total Rounds 1
- Last Round Angel Round — $88,816
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First Round
First Round
(01 May 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Angel Round - FundExpert | Valuation | Jingen |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Online platform for stock trading, mutual funds, and investment tools.
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Founded Year | Domain | Location | |
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J
Jingen |
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Founded Year | Domain | Location |
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AM
Amit Mehta |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FundExpert
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FundExpert
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fundexpert Comparisons
Competitors of FundExpert
FundExpert 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 Kristal, Wahed, Orowealth, 5 nce and Elever, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based asset management is offered for individual investors.
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| domain | founded_year | HQ Location |
Shariah-compliant investments and savings are offered to individuals.
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| domain | founded_year | HQ Location |
Platform for alternative asset and mutual fund investments is provided.
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| domain | founded_year | HQ Location |
AI-powered investment and financial advisory services are provided.
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| domain | founded_year | HQ Location |
Goal-based investments are enabled via an app-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about FundExpert
When was FundExpert founded?
FundExpert was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is FundExpert located?
FundExpert is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is FundExpert a funded company?
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 01, 2021.
What does FundExpert do?
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.
Who are the top competitors of FundExpert?
FundExpert's top competitors include Kristal, Wahed and reliancesmartmoney.com.
Who are FundExpert's investors?
FundExpert has 11 investors. Key investors include Kotak Securities, Jingen, Amit Mehta, Pinky Akash Kumar, and Khivraj Sancheti F.
What is FundExpert's valuation?
The valuation of FundExpert is $1.3M as of May 2021.
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