IFAnow

Mumbai, India Founded: 2011 • Age: 15 yrs
Practice management tools for financial institutions are provided.
Annual revenue $130,680 Latest available
Total funding $1.4M 6 rounds
Employees 50 Tracked headcount
Investors 35 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About IFAnow

IFAnow is a company based in Mumbai (India) founded in 2011 by Sonesh Dedhia, Rupa Hindocha, and Ronak Hindocha. IFAnow has raised $1.37 million across 6 funding rounds from investors including Manek Financial, Nepal Patel and Fenil Tarachand Dedhia. The company has 50 employees as of November 11, 2024. IFAnow offers products and services including IFANOW App, Mutual Fund Solutions, Portfolio Management, and Billing Automation. IFAnow operates in a competitive market with competitors including Addepar, Altruist, InvestCloud, sei and Avaloq, among others.

  • Headquarter Mumbai, India
  • Employees 50 as on 11 Nov, 2024
  • Founders Sonesh Dedhia, Rupa Hindocha, Ronak Hindocha
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Futurewise Technologies Private Limited
  • Date of Incorporation 20 May, 2011
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $130.68 K (USD)
    44.61
    as on Mar 31, 2024
  • Net Profit
    -$405.5 K (USD)
    -61.44
    as on Mar 31, 2024
  • EBITDA
    -$436.33 K (USD)
    -57.28
    as on Mar 31, 2024
  • Total Equity Funding
    $1.37 M (USD)

    in 6 rounds

  • Latest Funding Round
    $126.8 K (USD), Angel Round

    Jul 04, 2025

  • Investors
  • Employee Count
    50

    as on Nov 11, 2024

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Products & Services of IFAnow

IFAnow offers a comprehensive portfolio of products and services, including IFANOW App, Mutual Fund Solutions, Portfolio Management, and Billing Automation.

Product name locked
Category locked
Primary

App for comprehensive financial advisory and wealth management services

Product name locked
Category locked
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Platform for end-to-end mutual fund management and analysis

Product name locked
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Tool for monitoring and optimizing investment portfolios

Product name locked
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Service for automated billing and compliance in financial operations

People of IFAnow

Headcount 50-200
Employee Profiles 5
Employee Profiles
People
Shubham Ingle
Operations Executive
People
Reeya Kundhadia
Frontend Developer
People
Ronak Hindocha
Founder & CEO
People
Sagar Shroff
Lead Product Manager

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Funding Insights of IFAnow

IFAnow has successfully raised a total of $1.37M across 6 strategic funding rounds. The most recent funding activity was a Angel Round of $126.8 thousand completed in July 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.

Investors in IFAnow

IFAnow has secured backing from 35 investors, including institutional and angel investors. Prominent investors backing the company include Manek Financial, Nepal Patel and Fenil Tarachand Dedhia.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Provides financial planning, investment advice, and direct services to clients.
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Nepal Patel

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Fenil Tarachand Dedhia

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Investor details for IFAnow

Investor domains, locations, round participation, and complete history require an active premium plan.

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  • Investor locations
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Investments & Acquisitions by IFAnow

Investments
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Investment portfolio details for IFAnow

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - IFAnow

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Detailed financials for IFAnow

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  • Profit trends
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Ifanow Comparisons

IFAnow Primary company
Description
Practice management tools for financial institutions are pro...
Location
Mumbai, India
Founded Year
2011
Annual Revenue
$130.68 K (USD)
Net Profit
-$405.5 K (USD)
EBITDA
-$436.33 K (USD)
Employees
50
As of 2024
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Peer comparison for IFAnow

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Competitors of IFAnow

IFAnow 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 Addepar, Altruist, InvestCloud, sei and Avaloq, among others.

Company Name Domain Founded year HQ Location Description
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Wealth management solutions are delivered for investment advisors.
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Portfolio management software for financial advisors
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Investment management software is provided for advisors and institutions.
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Wealth and investment management solutions are offered to institutional investors.
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Cloud-based solutions for financial institutions are provided by Avaloq.
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Asset and wealth management software is provided for businesses.
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Detailed competitors of IFAnow

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Latest news on Ifanow

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Complete news archive for IFAnow

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about IFAnow

IFAnow was founded in 2011 and raised its 1st funding round 4 years after it was founded.

IFAnow is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Ronak Hindocha is the current CEO of IFAnow. They have also founded this company.

IFAnow is a funded company, having raised a total of $1.37M across 6 funding rounds to date.

As of Nov 11, 2024, the latest employee count at IFAnow is 50.

Annual revenue of IFAnow is $130.68K as on Mar 31, 2024.

IFAnow was founded in 2011 in Mumbai, India, as a platform in the financial services sector. White-label solutions for financial planning and advice are offered to institutions. Goal-based planning and allocation tools are included, alongside risk profilers for assessing client risk appetite. Progress tracking and adjustments to return assumptions are enabled. A self-service portal is provided for users to input data and download portfolio reports.

IFAnow's top competitors include Addepar, Altruist and sei.

IFAnow offers IFANOW App, Mutual Fund Solutions, Portfolio Management, and Billing Automation.

IFAnow has 35 investors. Key investors include Manek Financial, Nepal Patel, Fenil Tarachand Dedhia, Mukesh Shah, and Dhiraj Shah.

The valuation of IFAnow is $3.99M as of Nov 2021.

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