About Goalwise
Goalwise is a Technology company based in Delhi (India) founded in 2015 by Savitri Bobde and Ankur Choudhary, and was acquired by Niyo in July 2020. Goal-based investing platform. Goalwise has raised $1 million across 1 funding round from investors including Niyo and Akhilesh Chaudhary. The company has 15 employees. Goalwise was last valued at $1.94 million in March 2016. Its Indian entity Alphafront Finserv Private Limited reported revenue of ₹7.56 Cr. The company was acqui-hired. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Robo Advisors. Its competitors include FundExpert, Elever and Orowealth; 3 of its 3 listed competitors have raised funding.
Company details
Goalwise is a goal-based online investing platform. Users just have to tell their goals and the platform will create, execute and manage an investment plan based on investors risk profile. Money is automatically credited back to the bank account after the lock-in period is over. Users can also can set up annual transactions so that every year taxes are saved automatically. Also offers concierge for any personal finance questions. Raised angel round of US1M from HNIs in May 2016.
- Headquarters Delhi, India
- Employees 15
- Founders Savitri Bobde, Ankur Choudhary
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website goalwise.com
- Social LinkedIn X Facebook
- Acquired by Niyo (Jul 2020)
- Legal Name Alphafront Finserv Private Limited
- Date of Incorporation 13 Apr, 2015
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Goalwise
Goalwise operates through Alphafront Finserv 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 |
|---|---|---|---|---|---|---|---|
| Alphafront Finserv Private Limited CIN U74140KA2015PTC145243 | Active | 13 Apr 2015 | Bangalore, Karnataka | ₹7.6 Cr | 15 | 3 | View details |
Funding Insights of Goalwise
Goalwise has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Angel Round of $1 million completed in March 2016. 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 $1M
- Total Rounds 1
- Last Round Angel Round — $1M
- First Round $1M
(Mar 2016)
- Investors Count 1
All 1 funding rounds of Goalwise 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 2016 | $1M | Angel Round | $1.94M | Akhilesh Chaudhary | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2016 | $1.94M | •••••••• |
Last known valuation $1.94M (Mar 2016). 2 investors in total: 1 institutional and 1 angel.
Investors in Goalwise
Goalwise has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Niyo and Akhilesh Chaudhary.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AC Akhilesh Chaudhary | unknown_50dd80b1f77a43e48 | |||
Online platform for wealth management | 2015 | goniyo.com | Bengaluru, India |
Investor details for Goalwise
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Board of directors of Alphafront Finserv Private Limited (Goalwise)
Alphafront Finserv Private Limited is the primary company behind Goalwise. The board of Alphafront Finserv Private Limited currently have 3 directors; the longest-serving is Vinay Bagri, appointed in 2020. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinay Bagri DIN 07336955 | Director | 27 Jul 2020 | 6 yrs 2 mo | Alphafront Finserv Private Limited |
| Virender Singh Bisht DIN 07344028 | Director | 27 Jul 2020 | 6 yrs 2 mo | Alphafront Finserv Private Limited |
| Swapnil Bhaskar DIN 07150470 | Director | 23 Mar 2021 | 5 yrs 7 mo | Alphafront Finserv Private Limited |
People of Goalwise
2 people are tracked at Goalwise (2 in leadership); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
Savitri Bobde | Co-Founder & COO | Leadership |
Ankur Choudhary | ex-Co-Founder | Leadership |
Complete people profiles for Goalwise
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Financials of Goalwise
Figures of Alphafront Finserv Private Limited, the primary company behind Goalwise, for FY 2025. Revenue was ₹7.56 Cr (+7% year on year). Net profit was ₹3.25 Cr (43% margin). EBITDA was ₹3.35 Cr (44% margin). Revenue has grown at a compounded annual rate of +10% over three years and +44% over five years.
- ₹7.56 CrRevenue · FY 2025 · +7% YoY
- ₹3.25 CrNet profit · 43% margin
- ₹3.35 CrEBITDA · 44% margin
- ₹1.5 LakhPaid-up capital
- 15Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +44%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Alphafront Finserv Private Limited are on its company page.
Detailed financial statements for Goalwise
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Goalwise
4 dated milestones of Goalwise across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Goalwise is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
- Exit Acquired by Niyo.
Competitors of Goalwise
Goalwise has 3 listed competitors in our database, 3 of them funded. They include FundExpert, Elever and Orowealth.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fundexpert.in | 2016 | Bengaluru, India | $88,816 | 4,379 | Automated mutual fund investing platform | |
| elever.app | 2020 | Bengaluru, India | $4.76M | 12 | Goal-based investments are enabled via an app-based platform. | |
| orowealth.com | 2015 | Mumbai, India | $2M | 42 | Platform for alternative asset and mutual fund investments is provided. |
Detailed competitors of Goalwise
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Goalwise (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 Goalwise
Complete news archive for Goalwise
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Frequently Asked Questions about Goalwise
Goalwise was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Goalwise is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Goalwise is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Angel Round of $1M, raised on Mar 2016.
Goalwise has 15 employees.
The primary company behind Goalwise, Alphafront Finserv Private Limited, reported revenue of ₹7.56 Cr for FY 2025, up 7% year on year.
Goalwise is a goal-based online investing platform. Users just have to tell their goals and the platform will create, execute and manage an investment plan based on investors risk profile. Money is automatically credited back to the bank account after the lock-in period is over. Users can also can set up annual transactions so that every year taxes are saved automatically. Also offers concierge for any personal finance questions. Raised angel round of US1M from HNIs in May 2016.
Goalwise's top competitors include FundExpert, Elever and Orowealth.
Goalwise has 2 investors. Key investors include Niyo, and Akhilesh Chaudhary.
The valuation of Goalwise is $1.94M as of Mar 2016.
Goalwise operates through Alphafront Finserv Private Limited.
Yes. Goalwise was acquired by Niyo in July 2020.
The legal entities of Goalwise currently have 3 directors, including Swapnil Bhaskar, Vinay Bagri, Virender Singh Bisht.