Moneyfront

Mumbai, India Founded: 2016 • Age: 10 yrs Acquired By Niyogin
Direct mutual fund investments are facilitated through an online platform.
Request Access

About Moneyfront

Moneyfront is a company based in Mumbai (India) founded in 2016 by Anil Bang, Mohit Gang, and Puneet Mehta was acquired by Niyogin in September 2018.. Moneyfront has raised $160.49 thousand across 1 funding round from investors including Niyogin, Vipul Jain and Nidhi Jain. Moneyfront operates in a competitive market with competitors including HDFC Mutual Fund, SBI Mutual Fund, DSP Mutual Fund, ICICI Prudential Asset Management Company and Edelweiss Asset Management, among others.

  • Headquarter Mumbai, India
  • Founders Anil Bang, Mohit Gang, Puneet Mehta
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Moneymap Investment Advisors Private Limited
  • Date of Incorporation 19 Nov, 2015
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → Investment Management & Advisory → →
Key Metrics
  • Annual Revenue
    $13.66 K (USD)
    -32.08
    as on Mar 31, 2023
  • Net Profit
    $-9.51 K (USD)
    53
    as on Mar 31, 2023
  • EBITDA
    $-3.38 K (USD)
    79.44
    as on Mar 31, 2023
  • Total Equity Funding
    $160.49 K (USD)

    in 1 rounds

  • Latest Funding Round
    $160.49 K (USD), Angel Round

    Jun 01, 2016

  • Investors
    Niyogin

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Niyogin

    (Sep 08, 2018)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • ✓
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • ✓
    Full access to every database India & global coverage, advanced filters and rich profile details
  • ✓
    Always-on access from your team account Single premium plan for everything you see on the portal

Funding Insights of Moneyfront

Moneyfront has successfully raised a total of $160.49K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $160.49 thousand completed in June 2016. 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 Rounds 1
  • Last Round Angel Round — $160,494
  • First Round

    (01 Jun 2016)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2016 Amount Angel Round - Moneyfront Valuation Vipul Jain , Nidhi Jain
Sumit Choudhary , Shrijit Papapally
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in Moneyfront

Moneyfront has secured backing from 6 investors, including angel and institutional investors. Prominent investors backing the company include Niyogin, Vipul Jain and Nidhi Jain. 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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Niyogin
Online lending marketplace for business loans
Founded Year Domain Location

Vipul Jain
-
Founded Year Domain Location

Nidhi Jain
Angel investor and entrepreneur, focused on tech startups in India.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Moneyfront

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Moneyfront

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Moneyfront Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Moneyfront

Moneyfront 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 HDFC Mutual Fund, SBI Mutual Fund, DSP Mutual Fund, ICICI Prudential Asset Management Company and Edelweiss Asset Management, 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
HDFC Mutual Fund
domain founded_year HQ Location
Mutual fund services are provided with focus on investment management.
SBI Mutual Fund
domain founded_year HQ Location
Provides mutual funds management and financial advisory services.
DSP Mutual Fund
domain founded_year HQ Location
Delivers comprehensive investment management services for funds.
ICICI Prudential Asset Management Company
domain founded_year HQ Location
Real estate funds are managed through multiple investment strategies.
Edelweiss Asset Management
domain founded_year HQ Location
Equity and fixed income mutual funds are managed in India.
Mahindra Manulife
domain founded_year HQ Location
Mutual Fund Company
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Moneyfront

Frequently Asked Questions about Moneyfront

When was Moneyfront founded?

Moneyfront was founded in 2016.

Where is Moneyfront located?

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

Who is the current CEO of Moneyfront?

Mohit Gang is the current CEO of Moneyfront. They have also founded this company.

Is Moneyfront a funded company?

Moneyfront is a funded company, having raised a total of $160.49K across 1 funding round to date. The company's 1st funding round was a Angel Round of $160.49K, raised on Jun 01, 2016.

What is the annual revenue of Moneyfront?

Annual revenue of Moneyfront is $13.66K as on Mar 31, 2023.

What does Moneyfront do?

Moneyfront is an online platform to invest in direct mutual fund schemes. The company suggests a basket of mutual funds based on investors risk tolerance. Users can also customize their investment portfolio through the platform. Charges INR 1200 per year (Jan 2017).

Who are the top competitors of Moneyfront?

Moneyfront's top competitors include SBI Mutual Fund, HDFC Mutual Fund and ICICI Prudential Asset Management Company.

Who are Moneyfront's investors?

Moneyfront has 6 investors. Key investors include Niyogin, Vipul Jain, Nidhi Jain, Sumit Choudhary, and Shrijit Papapally.

What is Moneyfront's valuation?

The valuation of Moneyfront is $1.78M as of Jun 2016.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available