About FundsIndia
FundsIndia is a Technology company based in Chennai (India) founded in 2008, and was acquired by WestBridge Capital in August 2023. It operates as an online investment platform for mutual funds and other financial products. FundsIndia has raised $16.64 million across 5 funding rounds from investors including WestBridge Capital, Athera Venture Partners and Foundation Capital. The company has 309 employees. FundsIndia was last valued at $36.66 million in February 2020. Its chief executive is Akshay Sapru. Its website fundsindia.com draws about 122 thousand monthly visits. Its Indian entity Wealth India Financial Services Private Limited reported revenue of ₹118 Cr. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Public Market Funds. Its competitors include Kuvera, AssetPlus, Bandhan Mutual Fund, Fundzbazar and Clearfunds and 3 more; 5 of its 8 listed competitors have raised funding.
Company details
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.
- Headquarters Chennai, India
- Employees 309
- Stage Acquired
- SectorsTechnology
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website fundsindia.com
- Social LinkedIn X Facebook
- Acquired by WestBridge Capital (Aug 2023)
- Legal Name Wealth India Financial Services Private Limited
- Date of Incorporation 16 Oct, 2008
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹118 Cr
FY 2025 · +33% YoY
- Net Loss-₹27.87 Cr
FY 2025 · -24% margin
- EBITDA-₹22.60 Cr
FY 2025 · -19% margin
- Total Equity Funding$16.64M (USD)
in 5 rounds
- Latest Funding Round$4.71M (USD), Debt – Conventional
Jun 2026
- InvestorsWestBridge Capital
& 7 more
- Employee Count309
- Acquired byWestBridge Capital
(Aug 2023)
Associated legal entities of FundsIndia
FundsIndia operates through Wealth India Financial Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wealth India Financial Services Private Limited CIN U67120TN2008PTC069572 | Active | 16 Oct 2008 | Chennai, Tamil Nadu | ₹118 Cr | 309 | 9 | View details |
Funding Insights of FundsIndia
FundsIndia has successfully raised a total of $16.64M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.71 million completed in June 2026. 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 $16.64M
- Total Rounds 5
- Last Round Debt – Conventional — $4.71M
- First Round $633,513
(Jul 2010)
- Investors Count 7
All 5 funding rounds of FundsIndia 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 |
|---|---|---|---|---|---|
| Jun 2026 | $4.71M | Debt – Conventional | – | – | – |
| Feb 2020 | $1.2M | Series C | $36.66M | Foundation Capital | |
| May 2015 | $11M | Series C | $25.36M | Faering Capital | |
| Mar 2012 | $3.8M | Series B | $••••• | Foundation Capital | |
| Jul 2010 | $633,513 | Series A | $••••• | Athera | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2020 | $36.66M | •••••••• |
| May 2015 | $25.36M | •••••••• |
| Mar 2012 | $••••• | •••••••• |
| Jul 2010 | $••••• | •••••••• |
Full valuation and stage history of FundsIndia
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $36.66M (Feb 2020). 8 investors in total: 4 institutional and 4 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors | 1995 | foundationcapital.com | Palo Alto, United States | |
Private equity firm managing investments in Indian sectors. | 2009 | faeringcapital.com | Mumbai, India | |
Early-stage venture capital investments are provided by Athera. | 2008 | atheravp.com | Bengaluru, India | |
Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology. | 2000 | westbridgecap.com | Quatre Bornes, Mauritius | |
KR Kirthiga Reddy | Angel investor, ex-Facebook India head, SoftBank partner, tech leader | – | unknown_853fc6511c114d069 | - |
NR Nikhil Raj | Founder of Saveo, active angel investor in Indian startups | – | unknown_0d3fd60c219c43a3b | - |
KR Kirthiga Reddy | - | – | unknown_67d6e38c8e054d19a | - |
NR Nikhil Raj | - | – | unknown_e3820023d2c34277b | - |
Investor details for FundsIndia
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Board of directors of Wealth India Financial Services Private Limited (FundsIndia)
Wealth India Financial Services Private Limited is the primary company behind FundsIndia. The board of Wealth India Financial Services Private Limited currently have 4 directors; the longest-serving is Girirajan Murugan, appointed in 2019. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Girirajan Murugan DIN 08483220 | Director | 14 Jun 2019 | 7 yrs 4 mo | Wealth India Financial Services Private Limited |
| Sandeep Singhal DIN 00040491 | Nominee Director | 14 Aug 2023 | 3 yrs 2 mo | Wealth India Financial Services Private Limited |
| Deepak Ramineedi DIN 07631768 | Nominee Director | 14 Aug 2023 | 3 yrs 2 mo | Wealth India Financial Services Private Limited |
| Akshay Sapru DIN 09615023 | Director | 02 Sep 2025 | 1 yr 1 mo | Wealth India Financial Services Private Limited |
People of FundsIndia
3 people are tracked at FundsIndia (3 in leadership); the tracked headcount is 309.
| Name | Role | Group |
|---|---|---|
Ramani Siva Prakash | Chief Product Officer | Leadership |
| Group Chief Executive Officer | Leadership | |
| Co-CEO | Leadership |
Complete people profiles for FundsIndia
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Financials of FundsIndia
Figures of Wealth India Financial Services Private Limited, the primary company behind FundsIndia, for FY 2025. Revenue was ₹118 Cr (+33% year on year). Net loss was -₹27.87 Cr (-24% margin). EBITDA was -₹22.60 Cr (-19% margin). Revenue has grown at a compounded annual rate of +21% over three years and +26% over five years.
- ₹118 CrRevenue · FY 2025 · +33% YoY
- -₹27.87 CrNet loss · -24% margin
- -₹22.60 CrEBITDA · -19% margin
- ₹13.71 CrPaid-up capital
- 309Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wealth India Financial Services Private Limited are on its company page.
Detailed financial statements for FundsIndia
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of FundsIndia
5 dated milestones of FundsIndia across 18 years, from founding to its latest funding, stage changes and deals.
- Founded FundsIndia is founded.
- Funding First funding round of $634K.
- Milestone Reaches Minicorn status.
- Exit Acquired by WestBridge Capital.
- Funding Latest funding round, Debt – Conventional, of $4.7M.
Competitors of FundsIndia
FundsIndia has 8 listed competitors in our database, 5 of them funded. They include Kuvera, AssetPlus, Bandhan Mutual Fund, Fundzbazar and Clearfunds, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kuvera.in | 2016 | Bengaluru, India | $10.11M | 82 | Mutual fund portfolios are created via an app-based investment platform. | |
| assetplus.in | 2016 | Chennai, India | $12.85M | 178 | Mutual fund investments are enabled via advisor-assisted diversified plans. | |
| bandhanmutual.com | 2000 | Mumbai, India | – | 552 | Online platform for investing in mutual funds | |
| fundzbazar.com | 2016 | Ahmedabad, India | – | 664 | Online platform for mutual funds, stock broking, and other investment services. | |
| clearfunds.com | 2016 | Mumbai, India | $573,951 | 627 | Direct mutual fund investments are enabled via an online platform. | |
| itiamc.com | 2016 | Mumbai, India | – | 177 | Mutual Fund investment platform for individuals | |
| cashrich.com | 2015 | Mumbai, India | $1.81M | – | Dynamic SIP options for mutual fund investments are facilitated. | |
| sqrrl.in | 2016 | Delhi, India | $1.47M | 4 | App-based personal finance and planning platform is offered for individuals. |
Detailed competitors of FundsIndia
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of FundsIndia
The website of FundsIndia (fundsindia.com) receives about 122.4K visits a month and ranks #225,048 among all websites worldwide, #2,419 in Investing.
- Monthly visits122.4K
▼ 2.4% vs previous month
- Unique visitors44.7K
per month
- Global rank#225,048
among all websites
- Category rank#2,419
Finance · Investing
- Bounce rate36%
- Pages per visit5.9
- Average visit3 min 26 sec
- DevicesDesktop 46% · Mobile 54%
Websites whose visitors overlap most with FundsIndia. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fundsupermart.co.in | 100% | – | – | View details | |
| investonline.in | 100% | 24K | #949,768 | View details | |
fundsindiaadvisor.com | fundsindiaadvisor.com | 99% | – | – | – |
| amfiindia.com | 96% | 575.4K | #115,413 | View details | |
mutualfundsindia.com | mutualfundsindia.com | 92% | – | #6,942,748 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for FundsIndia
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Top companies in Investment & Financial Technology
10 companies that operate in the same segment as FundsIndia (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | 2,713 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | 602 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | 674 | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | 1,524 |
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Related news about 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 5 funding rounds to date. The company's 1st funding round was a Series A of $633.51K, raised on Jul 2010.
FundsIndia has 309 employees.
The primary company behind FundsIndia, Wealth India Financial Services Private Limited, reported revenue of ₹118 Cr for FY 2025, up 33% year on year.
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.
FundsIndia operates through Wealth India Financial Services Private Limited.
Yes. FundsIndia was acquired by WestBridge Capital in August 2023.