About Minance
Minance was a Financial Services company based in Bengaluru (India) founded in 2014 by Anurag Bhatia. An investment and wealth management platform for personalized financial solutions. It operates on a B2C model. The company has 11 employees. Its chief executive, as recorded, is Anurag Bhatia. The company is recorded as dissolved. Its focus areas include Finance, Wealth Management, Investment Platforms and Online Services. Similar companies include Dezerv, Wealthy and ASK Group; 3 of its 3 listed similar companies have raised funding.
Company details
Minance an investment and wealth management platform for personalized financial solutions through finance, managing wealth portfolios, operating investment platforms, and online services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 11
- Founders Anurag Bhatia
- SectorsFinancial Services
- Website minance.com
- Annual Revenue$1.38 M (USD)as on Mar 31, 2018
- Employee Count11
Associated legal entities of Minance
Minance is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Minance Resources Private Limited CIN U74999KA2018PTC115082 | Active | 27 Jul 2018 | Bangalore, Karnataka | 2 | View details | ||
| Minance Technologies Private Limited CIN U74999KA2016PTC096810 | Active | 28 Sep 2016 | Bangalore, Karnataka | ₹9.4 Cr | 12 | 2 | View details |
| Minance Investment Advisors Private Limited CIN U74999KA2017PTC108408 | Active | 04 Dec 2017 | Bangalore, Karnataka | 2 | View details |
Board of directors of Minance
The boards of the 3 registered companies of Minance currently have 4 directors; the longest-serving is Anurag Bhatia, appointed in 2019. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anurag Bhatia DIN 07012878 | Director | 22 May 2019 | 7 yrs 5 mo | Minance Resources Private Limited, Minance Investment Advisors Private Limited, Minance Technologies Private Limited |
| Pankaj Mahanty DIN 08374291 | Additional Director | 18 Jun 2019 | 7 yrs 4 mo | Minance Investment Advisors Private Limited |
| Soham Soumya Sarkar DIN 08374290 | Director | 18 Jun 2019 | 7 yrs 4 mo | Minance Technologies Private Limited |
| Anshul Dube DIN 07165707 | Director | 28 Jan 2020 | 6 yrs 9 mo | Minance Resources Private Limited |
People of Minance
1 people are tracked at Minance (1 in leadership); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Minance
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Financials of Minance
Figures of Minance Technologies Private Limited, the primary company behind Minance, for FY 2018. Revenue was ₹9.41 Cr (+3470% year on year). Net loss was -₹59.3 Lakh (-6% margin). EBITDA was -₹8.1 Lakh (-1% margin).
- ₹9.41 CrRevenue · FY 2018 · +3470% YoY
- -₹59.3 LakhNet loss · -6% margin
- -₹8.1 LakhEBITDA · -1% margin
- ₹2 LakhPaid-up capital
- 12Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Minance Technologies Private Limited are on its company page.
Detailed financial statements for Minance
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Similar companies to Minance
Minance has 3 listed similar companies in our database, 3 of them funded. They include Dezerv, Wealthy and ASK Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dezerv.in | 2021 | Mumbai, India | $100M | 513 | Investment solutions and portfolio management are provided for affluent individuals. | |
| wealthy.in | 2015 | Bengaluru, India | $22.29M | 231 | Digital wealth management platform is offered for personalized investments. | |
| askfinancials.com | 1983 | Mumbai, India | $125M | 191 | Asset & wealth management platform |
Detailed similar companies of Minance
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Top companies in Investment & Wealth Tech
3 companies that operate in the same segment as Minance (Investment & Wealth Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Investment consultant for future & options and commodities | 1987 | Kochi, Kerala, India | USD 71.52 M | 2,690 | ||
Technology-led financial products and infrastructure services are provided for consumers. | 2021 | Mumbai, Maharashtra, India | USD 145.66 M | USD 105.66 M | 376 |
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Related news about Minance
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Frequently Asked Questions about Minance
Minance was founded in 2014.
Minance is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Anurag Bhatia is the CEO of Minance, as recorded in our data. They have also founded this company.
Minance has 11 employees.
Annual revenue of Minance is $1.38M as on Mar 31, 2018.
Minance an investment and wealth management platform for personalized financial solutions through finance, managing wealth portfolios, operating investment platforms, and online services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Minance is associated with 3 legal entities: Minance Resources Private Limited, Minance Investment Advisors Private Limited, Minance Technologies Private Limited.
The legal entities of Minance currently have 4 directors, including Anurag Bhatia, Anshul Dube, Pankaj Mahanty and others.