About Orowealth
Orowealth is a company based in Mumbai (India) founded in 2015 by Yogesh Powar was acquired by InCred Capital in January 2023. Orowealth has raised $2 million across 2 funding rounds from investors including Money Forward, InCred Capital and Social Capital. The company has 39 employees as of April 05, 2024. Orowealth has completed 1 acquisition, including WealthTrust. Orowealth offers products and services including Mutual Funds Platform, SIP Calculator, and Mobile Apps. Orowealth operates in a competitive market with competitors including Kristal, Wahed, FundExpert, Elever and Goalwise, among others.
- Headquarter Mumbai, India
- Employees 39 as on 05 Apr, 2024
- Founders Yogesh Powar
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Alpha Fintech Private Limited
- Date of Incorporation 30 Dec, 2015
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$296.97 K (USD)-30.25as on Mar 31, 2023
-
Net Profit
-$404.26 K (USD)-271.53as on Mar 31, 2023
-
EBITDA
-$383.41 K (USD)-211.43as on Mar 31, 2023
-
Total Equity Funding
$2 M (USD)
in 2 rounds
-
Latest Funding Round
$1.6 M (USD), Series A
May 29, 2018
-
Investors
Money Forward
& 8 more
-
Employee Count
39
as on Apr 05, 2024
- Investments & Acquisitions
-
Acquired by
InCred Capital
(Jan 02, 2023)
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.
- 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
Products & Services of Orowealth
Orowealth offers a comprehensive portfolio of products and services, including Mutual Funds Platform, SIP Calculator, and Mobile Apps.
Online system for buying and managing mutual fund investments.
Calculator for estimating returns on systematic investment plans.
Apps for portfolio management and investment tracking on mobile.
Funding Insights of Orowealth
Orowealth has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.6 million completed in May 2018. 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 Orowealth
Orowealth has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Money Forward, InCred Capital and Social Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on early-stage investments
|
Locked | Locked | Locked | |
|
US focused VC firm investing in seed & growth stage companies
|
Locked | Locked | Locked | |
|
Incubator & VC firm Tech focused investing in primarily Japan & Taiwan
|
Locked | Locked | Locked |
Investor details for Orowealth
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Orowealth
Orowealth has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include WealthTrust.
Investment portfolio details for Orowealth
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
A zero-commission wealth management app for users.
|
Locked | Locked | 2015 | Locked |
Complete acquisition details for Orowealth
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Orowealth
Detailed financials for Orowealth
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Orowealth Comparisons
Peer comparison for Orowealth
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Orowealth
Orowealth 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 Kristal, Wahed, FundExpert, Elever and Goalwise, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
AI-based asset management is offered for individual investors.
|
|
| Locked | Locked | Locked |
Shariah-compliant investments and savings are offered to individuals.
|
|
| Locked | Locked | Locked |
Automated mutual fund investing platform
|
|
| Locked | Locked | Locked |
Goal-based investments are enabled via an app-based platform.
|
|
| Locked | Locked | Locked |
Goal-based investing platform
|
Detailed competitors of Orowealth
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Orowealth
Complete news archive for Orowealth
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Orowealth
Orowealth was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Orowealth is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Vijay Kuppa is the current CEO of Orowealth.
Orowealth is a funded company, having raised a total of $2M across 2 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Orowealth is 39.
Annual revenue of Orowealth is $296.97K as on Mar 31, 2023.
Orowealth was founded in 2015 in Mumbai, India, within the fintech sector. A platform is operated to enable investments in alternative assets with predictable returns and mutual funds. Diversification strategies are incorporated to reduce downside risks. Access is granted to options typically reserved for high-net-worth individuals. Mobile applications are utilized for ongoing portfolio management and oversight.
Orowealth's top competitors include Kristal, Wahed and FundExpert.
Orowealth offers Mutual Funds Platform, SIP Calculator, and Mobile Apps.
Orowealth has made 1 acquisition, including WealthTrust.
Orowealth has 9 investors. Key investors include Money Forward, InCred Capital, Social Capital, Powerhouse Ventures, and B Dash Ventures.