About Goalwise
Goalwise is a company based in Delhi (India) founded in 2015 by Savitri Bobde and Ankur Choudhary was acquired by Niyo in July 2020.. Goalwise has raised $1 million across 1 funding round from investors including Niyo and Akhilesh Chaudhary. The company has 15 employees as of April 08, 2024. Goalwise operates in a competitive market with competitors including Kristal, Wahed, FundExpert, Elever and Orowealth, among others.
- Headquarter Delhi, India
- Employees 15 as on 08 Apr, 2024
- Founders Savitri Bobde, Ankur Choudhary
- 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
*********
- Legal Name Alphafront Finserv Private Limited
- Date of Incorporation 13 Apr, 2015
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$823.33 K (USD)-0.26as on Mar 31, 2024
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Net Profit
$135.85 K (USD)138.37as on Mar 31, 2024
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EBITDA
$103.29 K (USD)125.52as on Mar 31, 2024
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Angel Round
Mar 24, 2016
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Investors
Niyo
& 1 more
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Employee Count
15
as on Apr 08, 2024
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Acquired by
Niyo
(Jul 28, 2020)
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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 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 Total Funding
- Total Rounds 1
- Last Round Angel Round — $1.0M
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First Round
First Round
(24 Mar 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Angel Round - Goalwise | Valuation | Akhilesh Chaudhary |
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| 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 Goalwise
Goalwise has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Niyo and Akhilesh Chaudhary. 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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AC
Akhilesh Chaudhary |
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Founded Year | Domain | Location |
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Online platform for wealth management
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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 Goalwise
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Goalwise
| 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 |
Goalwise Comparisons
Competitors of Goalwise
Goalwise 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, FundExpert, Elever and Orowealth, 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 |
Automated mutual fund investing platform
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| domain | founded_year | HQ Location |
Goal-based investments are enabled via an app-based platform.
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| domain | founded_year | HQ Location |
Platform for alternative asset and mutual fund investments is provided.
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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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Latest news on Goalwise
Frequently Asked Questions about Goalwise
When was Goalwise founded?
Goalwise was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Goalwise located?
Goalwise is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Goalwise a funded company?
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 24, 2016.
How many employees does Goalwise have?
As of Apr 08, 2024, the latest employee count at Goalwise is 15.
What is the annual revenue of Goalwise?
Annual revenue of Goalwise is $823.33K as on Mar 31, 2024.
What does Goalwise do?
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.
Who are the top competitors of Goalwise?
Goalwise's top competitors include Kristal, Wahed and FundExpert.
Who are Goalwise's investors?
Goalwise has 2 investors. Key investors include Niyo, and Akhilesh Chaudhary.
What is Goalwise's valuation?
The valuation of Goalwise is $1.94M as of Mar 2016.
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