About Millennium Finance
Millennium Finance is a company based in Hyderabad (India) founded in 1995 by Anand Boddapaty.. Millennium Finance has raised $51.61 thousand across 1 funding round from investors including MFL Net Services, Ravella Prasada Rao and B Radha Kumari. Millennium Finance operates in a competitive market with competitors including Fidelity Investments, Investec, HSBC, BNP Paribas and Nordea, among others.
- Headquarter Hyderabad, India
- Founders Anand Boddapaty
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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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Annual Revenue
$913.63 K (USD)44as on Mar 31, 2024
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Net Profit
$251.68 K (USD)207as on Mar 31, 2024
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EBITDA
$262.83 K (USD)122as on Mar 31, 2024
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Total Equity Funding
$51.61 K (USD)
in 1 rounds
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Latest Funding Round
$51.61 K (USD), Unspecified
Jul 31, 2009
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Investors
MFL Net Services
& 3 more
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Employee Count
Employee Count
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Funding Insights of Millennium Finance
Millennium Finance has successfully raised a total of $51.61K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $51.61 thousand completed in July 2009. 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 Unspecified — $51,613
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First Round
First Round
(31 Jul 2009)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2009 | Amount | Unspecified - Millennium Finance | Valuation | MFL Net Services |
| 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 Millennium Finance
Millennium Finance has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include MFL Net Services, Ravella Prasada Rao and B Radha Kumari. 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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Founded Year | Domain | Location | |
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RP
Ravella Prasada Rao |
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Founded Year | Domain | Location |
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BR
B Radha Kumari |
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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 Millennium 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 - Millennium Finance
| 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 |
Millennium Finance Comparisons
Competitors of Millennium Finance
Millennium 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 Fidelity Investments, Investec, HSBC, BNP Paribas and Nordea, 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 |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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Universal banking and financial advisory services are provided globally.
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| domain | founded_year | HQ Location |
Banking & financial service provider
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| domain | founded_year | HQ Location |
Nordea is recognized as a leading Nordic universal bank.
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| domain | founded_year | HQ Location |
Diversified insurance and asset management services are offered globally.
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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 Millennium Finance
Frequently Asked Questions about Millennium Finance
When was Millennium Finance founded?
Millennium Finance was founded in 1995 and raised its 1st funding round 14 years after it was founded.
Where is Millennium Finance located?
Millennium Finance is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Is Millennium Finance a funded company?
Millennium Finance is a funded company, having raised a total of $51.61K across 1 funding round to date. The company's 1st funding round was a Unspecified of $51.61K, raised on Jul 31, 2009.
What is the annual revenue of Millennium Finance?
Annual revenue of Millennium Finance is $913.63K as on Mar 31, 2024.
What does Millennium Finance do?
Millennium Finance was established in 1995 and is headquartered in Hyderabad, India. Operations focus on the financial sector, where asset management services are delivered to support investment needs. The company is led by founder Anand Boddapaty. Core activities encompass portfolio management and related advisory functions, serving clients within the Indian market. Domain presence is maintained through mfl.in for operational outreach.
Who are the top competitors of Millennium Finance?
Millennium Finance's top competitors include Fidelity Investments, Investec and HSBC.
Who are Millennium Finance's investors?
Millennium Finance has 4 investors. Key investors include MFL Net Services, Ravella Prasada Rao, B Radha Kumari, and Anand Boddapaty.
What is Millennium Finance's valuation?
The valuation of Millennium Finance is $413.46K as of Jul 2009.