About Fydaa
Fydaa is a Financial Services company based in Mumbai (India) founded in 2022 by Kuntal Bhansali. Fydaa provides investment advisory and multi-asset portfolios through a secure app. It operates on a B2C and D2C model. Fydaa has raised $407.61 thousand across 4 funding rounds from investors including Kumar Abhishek, Suryanarayana Ramamurthy and Keerthivasan Ramchandran. Its Indian entity Multistrato Capital Advisors Private Limited reported revenue of ₹7.4 Lakh. Fydaa offers products and services including Fydaa App and Multi-Asset Portfolio. Its focus areas include FinTech, Wealth Management, Portfolio Management and Multi-Asset Investments. Its competitors include Dezerv, Wealthy and ASK Group; 3 of its 3 listed competitors have raised funding.
Company details
Fydaa is a SEBI-registered investment adviser app that delivers personalized financial planning, multi-asset portfolios, and advice on stocks, bonds, and gold. It helps users assess risk, execute trades via linked brokers, and track performance. Based in Mumbai, India, it serves individual investors seeking guidance on savings and emergency funds.
- Annual Revenue₹7.4 Lakh
FY 2024 · +181% YoY
- Net Loss-₹1.26 Cr
FY 2024 · -1708% margin
- EBITDA-₹1.13 Cr
FY 2024 · -1533% margin
- Total Equity Funding$407.61K (USD)
in 4 rounds
- Latest Funding Round$87.38K (USD), Angel Round
Mar 2025
Associated legal entities of Fydaa
Fydaa operates through Multistrato Capital Advisors Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Multistrato Capital Advisors Private Limited CIN U67190MH2012PTC229981 | Active | 20 Apr 2012 | Mumbai, Maharashtra | ₹0.1 Cr | 8 | 3 | View details |
Products & Services of Fydaa
Fydaa offers a comprehensive portfolio of products and services, including Fydaa App and Multi-Asset Portfolio.
App for personalized investment advice and portfolio tracking.
Service for diversified investments in stocks, bonds, and gold.
Apps and channels of Fydaa
its YouTube channel fydaa has 56 subscribers and 6 videos.
Videos from Fydaa
The most watched videos on Fydaa's YouTube channel, fydaa (56 subscribers). Click a video to play it here.
More on fydaa.
Funding Insights of Fydaa
Fydaa has successfully raised a total of $407.61K across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $87.38 thousand completed in March 2025. 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 $407,612
- Total Rounds 4
- Last Round Angel Round — $87,383
- First Round $66,027
(Jan 2022)
- Investors Count 7
All 4 funding rounds of Fydaa 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 |
|---|---|---|---|---|---|
| Mar 2025 | $87,383 | Angel Round | – | Kumar Abhishek, Suryanarayana Ramamurthy | – |
| Nov 2023 | $148,636 | Angel Round | – | Keerthivasan Ramchandran, Kristyn Baker | |
| Sep 2022 | $105,566 | Angel Round | – | Kristyn Baker | |
| Jan 2022 | $66,027 | Angel Round | – | Keerthivasan Ramchandran | – |
7 investors in total: 0 institutional and 7 angel.
Investors in Fydaa
Fydaa has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Kumar Abhishek, Suryanarayana Ramamurthy and Keerthivasan Ramchandran.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
KA Kumar Abhishek | unknown_40b8b4da6f41422ba | |||
SR Suryanarayana Ramamurthy | unknown_5d56ff7ae9d74f698 | |||
KR Keerthivasan Ramchandran | unknown_2779002015df4abd9 | |||
KB Kristyn Baker | unknown_fe3736244ab2424b8 | |||
SS Seshadri Srinivasan | Angel investor, ex-Amazon leader, focused on tech startups | unknown_31ffff3eb4e447729 | ||
KG Kevin Gardenhire | unknown_5d0a80d66f86409c8 | |||
RB Rahul Bhansali | unknown_dd12960c6fc7413d8 |
Investor details for Fydaa
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 Multistrato Capital Advisors Private Limited (Fydaa)
Multistrato Capital Advisors Private Limited is the primary company behind Fydaa. The board of Multistrato Capital Advisors Private Limited currently have 3 directors; the longest-serving is Nidhi Bhansali, appointed in 2012. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nidhi Bhansali DIN 05237491 | Director | 20 Apr 2012 | 14 yrs 6 mo | Multistrato Capital Advisors Private Limited |
| Kuntal Bhansali DIN 05237489 | Director | 20 Apr 2012 | 14 yrs 6 mo | Multistrato Capital Advisors Private Limited |
| Keerthivasan DIN 10508802 | Director | 16 Feb 2024 | 2 yrs 8 mo | Multistrato Capital Advisors Private Limited |
People of Fydaa
2 people are tracked at Fydaa (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
Jogendra Singh | Flutter Developer | Team |
Complete people profiles for Fydaa
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Fydaa
Figures of Multistrato Capital Advisors Private Limited, the primary company behind Fydaa, for FY 2024. Revenue was ₹7.4 Lakh (+181% year on year). Net loss was -₹1.26 Cr (-1708% margin). EBITDA was -₹1.13 Cr (-1533% margin). Revenue has grown at a compounded annual rate of -26% over three years and -28% over five years.
- ₹7.4 LakhRevenue · FY 2024 · +181% YoY
- -₹1.26 CrNet loss · -1708% margin
- -₹1.13 CrEBITDA · -1533% margin
- ₹1.2 LakhPaid-up capital
- 8Employees (provident fund records)
- -26%Revenue CAGR, 3 years
- -28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Multistrato Capital Advisors Private Limited are on its company page.
Detailed financial statements for Fydaa
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Fydaa
3 dated milestones of Fydaa across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Fydaa is founded.
- Funding First funding round of $66K.
- Funding Latest funding round, Angel Round, of $87K.
Competitors of Fydaa
Fydaa has 3 listed competitors in our database, 3 of them funded. They include Dezerv, Wealthy and ASK Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dezerv.in | 2021 | Mumbai, India | $100M | 513 | Investment solutions and portfolio management are provided for affluent individuals. | |
| wealthy.in | 2015 | Bengaluru, India | $22.29M | 231 | Digital wealth management platform is offered for personalized investments. | |
| askfinancials.com | 1983 | Mumbai, India | $125M | 191 | Asset & wealth management platform |
Detailed competitors of Fydaa
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.
Top companies in Asset Management
3 companies that operate in the same segment as Fydaa (Asset Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | ||||
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Online platform for stock trading, mutual funds, and investment tools. | 1994 | Mumbai, Maharashtra, India |
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Frequently Asked Questions about Fydaa
Fydaa was founded in 2022.
Fydaa is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Fydaa is a funded company, having raised a total of $407.61K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $66.03K, raised on Jan 2022.
The primary company behind Fydaa, Multistrato Capital Advisors Private Limited, reported revenue of ₹7.4 Lakh for FY 2024, up 181% year on year.
Fydaa is a SEBI-registered investment adviser app that delivers personalized financial planning, multi-asset portfolios, and advice on stocks, bonds, and gold. It helps users assess risk, execute trades via linked brokers, and track performance. Based in Mumbai, India, it serves individual investors seeking guidance on savings and emergency funds.
Fydaa offers Fydaa App and Multi-Asset Portfolio.
Fydaa has 7 investors. Key investors include Kumar Abhishek, Suryanarayana Ramamurthy, Keerthivasan Ramchandran, Kristyn Baker, and Seshadri Srinivasan.
Fydaa operates through Multistrato Capital Advisors Private Limited.
The legal entities of Fydaa currently have 3 directors, including Nidhi Bhansali, Kuntal Bhansali, Keerthivasan.