About INDMoney
INDMoney is a company based in Gurugram (India) by Dhruv Pathak, Amrita Sirohia, and Ashish Kashyap.. INDMoney has raised $202.12 million across 6 funding rounds from investors including Cargofy, Steadview and Tiger Global. INDMoney operates in a competitive market with competitors including OneScore, CreditMantri, Credit Information Bureau, Winvesta and Wizi, among others.
- Headquarter Gurugram, India
- Founders Dhruv Pathak, Amrita Sirohia, Ashish Kashyap
- 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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$202.12 M (USD)
in 6 rounds
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Latest Funding Round
$86.62 M (USD), Series D
Jan 17, 2022
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Investors
Cargofy
& 21 more
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Employee Count
Employee Count
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Funding Insights of INDMoney
INDMoney has successfully raised a total of $202.12M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $86.62 million completed in January 2022. 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 6
- Last Round Series D — $86.6M
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First Round
First Round
(11 May 2018)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series D - INDMoney | Valuation | Steadview , Tiger Global Management | |
| Jul, 2020 | Amount | Series B - INDMoney | Valuation |
investors |
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| Jan, 2020 | Amount | Series C - INDMoney | Valuation | Tiger Global Management , Steadview |
| 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 INDMoney
INDMoney has secured backing from 22 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Cargofy, Steadview and Tiger Global. 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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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Private equity investments are made in technology-enabled growth companies.
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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 |
| 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 INDMoney
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - INDMoney
| 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 |
Indmoney Comparisons
Competitors of INDMoney
INDMoney 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 OneScore, CreditMantri, Credit Information Bureau, Winvesta and Wizi, 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 |
Free credit scores and personalized improvement insights are provided.
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| domain | founded_year | HQ Location |
Credit scores are accessed and analyzed via an app-based platform.
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| domain | founded_year | HQ Location |
Credit scoring data and customer information provider
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| domain | founded_year | HQ Location |
A cross-border payments and investing platform is provided by Winvesta.
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| domain | founded_year | HQ Location |
App-based platform for credit card bill payments
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| domain | founded_year | HQ Location |
Provides a digital hub for users to check and monitor credit scores.
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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 Indmoney
Frequently Asked Questions about INDMoney
Where is INDMoney located?
INDMoney is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of INDMoney?
Ashish Kashyap is the current CEO of INDMoney. They have also founded this company.
Is INDMoney a funded company?
INDMoney is a funded company, having raised a total of $202.12M across 6 funding rounds to date. The company's 1st funding round was a Series C of $12.2M, raised on May 11, 2018.
What does INDMoney do?
Operations are based in Gurugram, India, within the fintech sector focused on personal finance. Integrated solutions for investment management are offered through a mobile app available on iOS and Android platforms. Services encompass stock investments, SIP in mutual funds, free Demat and trading accounts, direct mutual fund plans, AI-driven advisory, family banking features, and automated money tracking. These tools support individual financial oversight and planning.
Who are the top competitors of INDMoney?
INDMoney's top competitors include OneScore, Credit Information Bureau and CreditMantri.
Who are INDMoney's investors?
INDMoney has 22 investors. Key investors include Cargofy, Steadview, Tiger Global, Dragoneer, and Sixteenth Street Capital.
What is INDMoney's valuation?
The valuation of INDMoney is $624.84M as of Jan 2022.