About Midas finance
Midas finance is a company based in Mumbai (India) founded in 2016 by Rushabh Shah. It operates as a B2C, and D2C. Midas finance offers products and services including Mutual Funds, Portfolio Management, and Insurance Services. Midas finance operates in a competitive market with competitors including Epimoney, IndiaLends, Tala, i2i and TrillionLoans, among others.
- Headquarter Mumbai, India
- Founders Rushabh Shah
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Amfi Registered Mutual Fund Distributor
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Midas finance
Midas finance offers a comprehensive portfolio of products and services, including Mutual Funds, Portfolio Management, and Insurance Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for mutual fund investments and management to build wealth.
Advisory for responsible portfolio strategies and long-term growth.
Offers life and medical insurance for client financial security.
Funding Insights of Midas finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Midas finance
| 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 - Midas finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Midas Finance Comparisons
Competitors of Midas finance
Midas finance 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 Epimoney, IndiaLends, Tala, i2i and TrillionLoans, 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 |
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Consumer and business loans are facilitated via an online platform.
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Online platform providing loans and credit cards from various financial institutions
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Fintech services for credit, savings, and payments are delivered globally.
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Borrowers are connected with investors through P2P lending services.
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Gold loans are facilitated via an online consumer marketplace.
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| domain | founded_year | HQ Location |
Online P2P marketplace for consumer and business loans is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Midas finance
When was Midas finance founded?
Midas finance was founded in 2016.
Where is Midas finance located?
Midas finance is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
What does Midas finance do?
Midas Finance specializes in tailored financial services to help clients grow and manage wealth through smart investment strategies and responsible portfolio management. Founded on February 4, 2016, by Rushabh Shah, the firm is headquartered in Mumbai, India. It serves individual clients with personalized advice on mutual funds, bonds, insurance, and retirement planning, focusing on long-term financial security and goal achievement.
Who are the top competitors of Midas finance?
What products or services does Midas finance offer?
Midas finance offers Mutual Funds, Portfolio Management, and Insurance Services.