Neo Asset Management

Mumbai, India Founded: 2021 • Age: 5 yrs
Provider of alternative asset management solutions focusing on credit and fixed income
Annual revenue $1.5M Latest available
Total funding $47.6M 3 rounds
Employees 32 Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Neo Asset Management

Neo Asset Management is a company based in Mumbai (India) founded in 2021 by Puneet Jain, Hemant Daga, and Nitin Jain. Neo Asset Management has raised $47.62 million across 3 funding rounds from investors including Neo Wealth, Peak XV Partners and Atha Group. The company has 32 employees as of April 09, 2024. Neo Asset Management has completed 1 acquisition, including SolarArise. Neo Asset Management operates in a competitive market with competitors including Fidelity Investments, UTI Mutual Fund, S&P Global, Bank of America and FIS, among others.

  • Headquarter Mumbai, India
  • Employees 32 as on 09 Apr, 2024
  • Founders Puneet Jain, Hemant Daga, Nitin Jain
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Neo Asset Management Private Limited
  • Date of Incorporation 18 Nov, 2021
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → Investment Management & Advisory Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.55 M (USD)
    577.98
    as on Mar 31, 2023
  • Net Profit
    -$461.17 K (USD)
    -780.9
    as on Mar 31, 2023
  • EBITDA
    -$1.78 M (USD)
    -1225.76
    as on Mar 31, 2023
  • Total Equity Funding
    $47.62 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3.82 M (USD), Series B

    Jul 25, 2024

  • Investors
    Neo Wealth

    & 8 more

  • Employee Count
    32

    as on Apr 09, 2024

  • Investments & Acquisitions
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People of Neo Asset Management

Headcount 10-50
Employee Profiles 18
Employee Profiles
People
Souvik Ghosh
Investments - Special Situation
People
Hemant Daga
Co Founder, CEO
People
Ashutosh Ojha
Managing Director
People
Ishan Sehgal
Partnerships Manager

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Funding Insights of Neo Asset Management

Neo Asset Management has successfully raised a total of $47.62M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3.82 million completed in July 2024. 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.

Investors in Neo Asset Management

Neo Asset Management has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Neo Wealth, Peak XV Partners and Atha Group.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm investing in startups and providing support programs.
Locked Locked Locked
Produces premium chocolate and cocoa for B2B clients worldwide.
Locked Locked Locked
-
Locked Locked Locked
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Investor details for Neo Asset Management

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Neo Asset Management

Neo Asset Management has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SolarArise.

Investments
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Investment portfolio details for Neo Asset Management

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Solar energy projects are developed and managed across India.
Locked Locked 2009 Locked
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Complete acquisition details for Neo Asset Management

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Financial Statements - Neo Asset Management

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Detailed financials for Neo Asset Management

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Neo Asset Management Comparisons

Neo Asset Management Primary company
Description
Provider of alternative asset management solutions focusing ...
Location
Mumbai, India
Founded Year
2021
Annual Revenue
$1.55 M (USD)
Net Profit
-$461.17 K (USD)
EBITDA
-$1.78 M (USD)
Employees
32
As of 2024
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Peer comparison for Neo Asset Management

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Competitors of Neo Asset Management

Neo Asset Management 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, UTI Mutual Fund, S&P Global, Bank of America and FIS, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
Locked Locked Locked
Mutual funds, portfolio management, and retirement planning services are offered.
Locked Locked Locked
Platform offering business intelligence solutions that combine data and actionable analytics for clients
Locked Locked Locked
Commercial banking and asset management services are offered worldwide.
Locked Locked Locked
Software suites for banks and financial institutions are provided.
Locked Locked Locked
Financial services are provided to asset managers worldwide.
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Detailed competitors of Neo Asset Management

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Latest news on Neo Asset Management

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Complete news archive for Neo Asset Management

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Frequently Asked Questions about Neo Asset Management

Neo Asset Management was founded in 2021.

Neo Asset Management is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Hemant Daga is the current CEO of Neo Asset Management. They have also founded this company.

Neo Asset Management is a funded company, having raised a total of $47.62M across 3 funding rounds to date.

As of Apr 09, 2024, the latest employee count at Neo Asset Management is 32.

Annual revenue of Neo Asset Management is $1.55M as on Mar 31, 2023.

Provider of alternative asset management solutions focusing on credit and fixed income. It offers bespoke capital solutions to stabilize and grow companies, primarily catering to institutional investors. Investment strategies include private credit, core credit, and real assets, emphasizing long-term, risk-adjusted returns and capital preservation. A process-driven approach underpins investment decisions, leveraging deep market understanding to generate returns for clients. The firms investment philosophy centers on identifying deep value opportunities with multiple layers of protection.

Neo Asset Management's top competitors include Fidelity Investments, UTI Mutual Fund and Goldman Sachs.

Neo Asset Management has made 1 acquisition, including SolarArise.

Neo Asset Management has 9 investors. Key investors include Neo Wealth, Peak XV Partners, Atha Group, Goyal Group, and Morde Foods.

The valuation of Neo Asset Management is $11.9M as of Dec 2021.

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