About FundsIndia
FundsIndia is a company based in Chennai (India) founded in 2008 was acquired by WestBridge Capital in August 2023. FundsIndia has raised $16.64 million across 4 funding rounds from investors including WestBridge Capital, Athera Venture Partners and Foundation Capital. The company has 309 employees as of November 09, 2024. FundsIndia operates in a competitive market with competitors including Kuvera, AssetPlus, Bandhan Mutual Fund, Fundzbazar and Clearfunds, among others.
- Headquarter Chennai, India
- Employees 309 as on 09 Nov, 2024
- 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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- Legal Name Wealth India Financial Services Private Limited
- Date of Incorporation 16 Oct, 2008
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$10.37 M (USD)24.33as on Mar 31, 2024
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Net Profit
$871.5 K (USD)-37.57as on Mar 31, 2024
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EBITDA
$529.97 K (USD)-60.89as on Mar 31, 2024
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Total Equity Funding
$16.64 M (USD)
in 4 rounds
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Latest Funding Round
$1.2 M (USD), Series C
Feb 10, 2020
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Investors
WestBridge Capital
& 7 more
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Employee Count
309
as on Nov 09, 2024
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Acquired by
WestBridge Capital
(Aug 22, 2023)
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Funding Insights of FundsIndia
FundsIndia has successfully raised a total of $16.64M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $1.2 million completed in February 2020. 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.
Investors in FundsIndia
FundsIndia has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include WestBridge Capital, Athera Venture Partners and Foundation Capital.
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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Private equity firm managing investments in Indian sectors.
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Early-stage venture capital investments are provided by Athera.
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Investor details for FundsIndia
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by FundsIndia
Investment portfolio details for FundsIndia
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - FundsIndia
Detailed financials for FundsIndia
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Fundsindia Comparisons
Peer comparison for FundsIndia
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of FundsIndia
FundsIndia 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 Kuvera, AssetPlus, Bandhan Mutual Fund, Fundzbazar and Clearfunds, among others.
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Mutual fund portfolios are created via an app-based investment platform.
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Mutual fund investments are enabled via advisor-assisted diversified plans.
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Online platform for investing in mutual funds
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Online platform for mutual funds, stock broking, and other investment services.
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Direct mutual fund investments are enabled via an online platform.
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Detailed competitors of FundsIndia
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Fundsindia
Complete news archive for FundsIndia
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Frequently Asked Questions about FundsIndia
FundsIndia was founded in 2008 and raised its 1st funding round 2 years after it was founded.
FundsIndia is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Akshay Sapru is the current CEO of FundsIndia.
FundsIndia is a funded company, having raised a total of $16.64M across 4 funding rounds to date.
As of Nov 09, 2024, the latest employee count at FundsIndia is 309.
Annual revenue of FundsIndia is $10.37M as on Mar 31, 2024.
FundsIndia was established in 2008 in Chennai, India, as an online platform in the financial services sector. Investments are facilitated in mutual funds, equities, gold, corporate deposits, bonds, loans, insurance, and related products. Tools are provided for managing investment amounts in response to market conditions. Adjustments to investment levels are allowed based on individual financial circumstances, supporting operations across India.
FundsIndia's top competitors include AssetPlus, Kuvera and Bandhan Mutual Fund.
FundsIndia has 8 investors. Key investors include WestBridge Capital, Athera Venture Partners, Foundation Capital, Faering Capital, and Kirthiga Reddy.
The valuation of FundsIndia is $36.66M as of Feb 2020.