About pennywise
pennywise is an Education company based in India founded in 2020 by Akshat Malhotra. It offers financial workshops, digital tools, and community for corporate employee education. It operates on a B2B model. Its Indian entity Brainspark Fintech Private Limited reported revenue of ₹5.4 Lakh. pennywise offers products and services including Live Workshops, Digital Tools, Community Access, and Additional Learning Material. Its focus areas include FinTech, Financial Education, Corporate Wellness and Employee Financial Programs. Its competitors include Spenny, Piggy, Tranako and Codeister Technologies; 3 of its 4 listed competitors have raised funding.
Company details
Pennywise India delivers financial wellness programs through live, interactive workshops and sessions to help organizations build secure and investment-confident employees. They provide practical tools like calculators, e-books, and QA support, serving over 42 companies across various industries. Based in India, they focus on unbiased education without sales pitches, empowering thousands through hands-on learning and community access.
- Headquarters India
- Founders Akshat Malhotra
- SectorsEducation
- Email••••••••
- Phone•••• ••••
- Website pennywiseapp.in
- Social LinkedIn Facebook Instagram
- Legal Name Brainspark Fintech Private Limited
- Date of Incorporation 05 Aug, 2021
- Jurisdiction Noida, Uttar Pradesh, India
- Annual Revenue₹5.4 Lakh
FY 2024 · -22% YoY
- Net Loss-₹2.6 Lakh
FY 2024 · -48% margin
- EBITDA-₹2.6 Lakh
FY 2024 · -48% margin
Associated legal entities of pennywise
pennywise operates through Brainspark Fintech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Brainspark Fintech Private Limited CIN U80903UP2021PTC150223 | Active | 05 Aug 2021 | Noida, Uttar Pradesh | ₹0.1 Cr | – | 2 | View details |
Products & Services of pennywise
pennywise offers a comprehensive portfolio of products and services, including Live Workshops, Digital Tools, Community Access, and Additional Learning Material.
Interactive sessions for financial education and employee empowerment
Excel-based trackers for personal finance management
Lifetime access to learning and sharing networks
E-books and videos for ongoing financial knowledge
Board of directors of Brainspark Fintech Private Limited (pennywise)
Brainspark Fintech Private Limited is the primary company behind pennywise. The board of Brainspark Fintech Private Limited currently have 2 directors; the longest-serving is Akshat Malhotra, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshat Malhotra DIN 09269913 | Director | 05 Aug 2021 | 5 yrs 2 mo | Brainspark Fintech Private Limited |
| Aman Malhotra DIN 09269914 | Director | 05 Aug 2021 | 5 yrs 2 mo | Brainspark Fintech Private Limited |
People of pennywise
1 people are tracked at pennywise (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for pennywise
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of pennywise
Figures of Brainspark Fintech Private Limited, the primary company behind pennywise, for FY 2024. Revenue was ₹5.4 Lakh (-22% year on year). Net loss was -₹2.6 Lakh (-48% margin). EBITDA was -₹2.6 Lakh (-48% margin).
- ₹5.4 LakhRevenue · FY 2024 · -22% YoY
- -₹2.6 LakhNet loss · -48% margin
- -₹2.6 LakhEBITDA · -48% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Brainspark Fintech Private Limited are on its company page.
Detailed financial statements for pennywise
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of pennywise
pennywise has 4 listed competitors in our database, 3 of them funded. They include Spenny, Piggy, Tranako and Codeister Technologies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spenny.com | 2019 | Bengaluru, India | $150,000 | – | Savings and gold investments are enabled through app-based transaction roundups. | |
| piggy.co.in | 2016 | Bengaluru, India | $161,787 | – | Piggy is recognized as a direct mutual fund investment platform in India. | |
| toranotec.com | 2016 | Tokyo, Japan | $26.4M | – | Spare change from purchases is automatically invested in global assets. | |
| codeister.com | 2015 | Kochi, India | – | – | Web and mobile app-based microsavings platform |
Detailed competitors of pennywise
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of pennywise
The website of pennywise (pennywiseapp.in) receives about 3.2K visits a month.
- Monthly visits3.2K
▲ 88.5% vs previous month
Top companies in Corporate & Professional Learning Platforms
10 companies that operate in the same segment as pennywise (Corporate & Professional Learning Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 830 | |
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 143.62 M | 7,112 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Professional certification programs are delivered through a mobile platform. | 2010 | San Francisco, California, United States | USD 80.82 M | USD 84.24 M | 1,661 | |
An online platform for multi-course education is operated. | 2012 | Mountain View, California, United States | USD 443.17 M | USD 757.5 M | 1,260 | |
Online courses in creative fields are delivered by celebrity experts. | 2012 | San Francisco, California, United States | USD 461.4 M | – | 623 | |
Executive education programs from global universities are offered to professionals. | 2010 | Singapore, Singapore | USD 961.07 M | – | – | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 | |
Mobile and cloud-based resources for medical exams are delivered. | 2012 | Berlin, Berlin, Germany | USD 291.94 M | – | – | |
One-to-one online English tutoring is provided by 51Talk. | 2011 | Beijing, China | USD 89 M | USD 95.85 M | 539 |
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Frequently Asked Questions about pennywise
pennywise was founded in 2020.
pennywise is headquartered in India.
The primary company behind pennywise, Brainspark Fintech Private Limited, reported revenue of ₹5.4 Lakh for FY 2024, down 22% year on year.
Pennywise India delivers financial wellness programs through live, interactive workshops and sessions to help organizations build secure and investment-confident employees. They provide practical tools like calculators, e-books, and QA support, serving over 42 companies across various industries. Based in India, they focus on unbiased education without sales pitches, empowering thousands through hands-on learning and community access.
pennywise offers Live Workshops, Digital Tools, Community Access, and Additional Learning Material.
pennywise operates through Brainspark Fintech Private Limited.
The legal entities of pennywise currently have 2 directors, including Akshat Malhotra, Aman Malhotra.