About PensionBox
PensionBox is a Technology company based in Firozabad (India) founded in 2021 by Shafi Akhtar, Shivam Parashar, and Kuldeep Parashar, and was acquired by Rainmatter in February 2026. PensionBox has raised $1.05 million across 4 funding rounds from investors including LetsVenture, Sat Industries and Keynote India. The company has 1 employees. PensionBox was last valued at $2.57 million in November 2022. Its chief executive, as recorded, is Kuldeep Parashar. Its website pensionbox.in draws about 14 thousand monthly visits. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Investment Platforms. Its legal entity in India is Asht Capital Private Limited (U67190UP2021PTC142016).
Company details
Retirement planning platform for the workforce. It provides AI-enabled personalized retirement plans for consumers. It allows users to save and adjust the frequency of the savings based on preferences. The application is available for iOS and Android users.
- Headquarters Firozabad, India
- Employees 1
- Founders Shafi Akhtar, Shivam Parashar, Kuldeep Parashar
- Stage Acquired
- SectorsTechnology
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website pensionbox.in
- Social LinkedIn X Facebook
- Acquired by Rainmatter (Feb 2026)
- Legal Name Asht Capital Private Limited
- Date of Incorporation 18 Feb, 2021
- Jurisdiction Firozabad, Uttar Pradesh, India
- Annual Revenue₹9,904
FY 2023
- Net Loss-₹1.47 Cr
FY 2023 · -148716% margin
- EBITDA-₹1.45 Cr
FY 2023 · -146478% margin
- Total Equity Funding$1.05M (USD)
in 4 rounds
- Latest Funding Round$361.13K (USD), Angel Round
Feb 2024
- InvestorsLetsVenture
& 30 more
- Employee Count1
- Acquired byRainmatter
(Feb 2026)
Associated legal entities of PensionBox
PensionBox operates through Asht Capital Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Asht Capital Private Limited CIN U67190UP2021PTC142016 | Active | 18 Feb 2021 | Firozabad, Uttar Pradesh | ₹0.0 Cr | 2 | View details |
Funding Insights of PensionBox
PensionBox has successfully raised a total of $1.05M across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $361.13 thousand completed in February 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.
- Total Funding $1.05M
- Total Rounds 4
- Last Round Angel Round — $361,125
- First Round $160,000
(Dec 2021)
- Investors Count 30
All 4 funding rounds of PensionBox with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | $361,125 | Angel Round | – | – | |
| Jun 2023 | $27,658 | Seed | – | Keynote | |
| Nov 2022 | $499,377 | Seed | $2.57M | Nithin Kamath | |
| Dec 2021 | $160,000 | Seed | $1.55M | 100X.VC, Ganji Kishore Kumar |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2022 | $2.57M | •••••••• |
| Dec 2021 | $1.55M | •••••••• |
Last known valuation $2.57M (Nov 2022). 31 investors in total: 7 institutional and 24 angel.
Investors in PensionBox
PensionBox has secured backing from 31 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include LetsVenture, Sat Industries and Keynote India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by 100X.VC venture capital firm. | 100x.vc | Mumbai, India | ||
Indian fund focused on fintech, health, and climate initiatives. | rainmatter.com | Bengaluru, India | ||
PP/HDPE woven bags are manufactured by Sat Industries. | 1984 | satgroup.in | Mumbai, India | |
Asset management services and auxiliary financial intermediation are provided. | shavdiaventures.tcc.mode | |||
Functions as a provider of ad server solutions and blockchain services. | 2008 | djaxtech.com | Coimbatore, India | |
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth | 2013 | letsventure.com | Bengaluru, India | |
Debt and M&A advisory services are offered across multiple sectors. | 1993 | keynoteindia.net | Mumbai, India | |
KA Khushal Adlakha | unknown_b2292aafb9f74ec28 | |||
SH S Hariharan | Angel investor and advisor, ex-Infosys, focused on tech startups | unknown_ba0fdadc129b4d5c9 | ||
MN Manisha Narang | unknown_8a5e0d35ebec4ce58 |
Investor details for PensionBox
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Asht Capital Private Limited (PensionBox)
Asht Capital Private Limited is the primary company behind PensionBox. The board of Asht Capital Private Limited currently have 2 directors; the longest-serving is Kuldeep Parashar, appointed in 2021. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kuldeep Parashar DIN 09071267 | Managing Director | 18 Feb 2021 | 5 yrs 8 mo | Asht Capital Private Limited |
| Shivam Parashar DIN 09480659 | Whole-time director | 28 Jan 2022 | 4 yrs 8 mo | Asht Capital Private Limited |
People of PensionBox
8 people are tracked at PensionBox (3 in leadership, 5 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Shafi Akhtar | Co-Founder | Leadership |
| Co-Founder, CTO & Director | Leadership | |
| Co-Founder, CEO & Director | Leadership | |
Jayesh Adwani | Software Developer | Team |
Pranat Modi | Sales and Partnership Manager | Team |
Konark Jha | Senior Lead Software Engineer | Team |
Surya V | UI Designer | Team |
Dewesh Kumar Pandey | Software Tester | Team |
Complete people profiles for PensionBox
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 PensionBox
Figures of Asht Capital Private Limited, the primary company behind PensionBox, for FY 2023. Revenue was ₹9,904. Net loss was -₹1.47 Cr (-148716% margin). EBITDA was -₹1.45 Cr (-146478% margin).
- ₹9,904Revenue · FY 2023
- -₹1.47 CrNet loss · -148716% margin
- -₹1.45 CrEBITDA · -146478% margin
- ₹26.5 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Asht Capital Private Limited are on its company page.
Detailed financial statements for PensionBox
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.
Timeline of PensionBox
5 dated milestones of PensionBox across 5 years, from founding to its latest funding, stage changes and deals.
- Founded PensionBox is founded.
- Funding First funding round of $160K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $361K.
- Exit Acquired by Rainmatter.
Web traffic of PensionBox
The website of PensionBox (pensionbox.in) receives about 14.3K visits a month and ranks #1,069,577 among all websites worldwide, #9,519 in Investing.
- Monthly visits14.3K
▼ 47.4% vs previous month
- Unique visitors10.8K
per month
- Global rank#1,069,577
among all websites
- Category rank#9,519
Finance · Investing
- Bounce rate43%
- Pages per visit2.2
- Average visit5 min 34 sec
- DevicesDesktop 22% · Mobile 78%
Websites whose visitors overlap most with PensionBox. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
tatacapitalmoneyfy.com | tatacapitalmoneyfy.com | 100% | #579,053 | – | |
| sbipensionfunds.co.in | 100% | #1,185,726 | View details | ||
| gripinvest.in | 86% | 469.4K | #138,141 | View details | |
| outlookmoney.com | 86% | #327,845 | View details | ||
| npstrust.org.in | 52% | 1.4M | #60,880 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for PensionBox
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as PensionBox (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Pensionbox
Complete news archive for PensionBox
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Frequently Asked Questions about PensionBox
PensionBox was founded in 2021.
PensionBox is headquartered in Firozabad, India. It is registered at Firozabad, Uttar Pradesh, India.
Kuldeep Parashar is the CEO of PensionBox, as recorded in our data. They have also founded this company.
PensionBox is a funded company, having raised a total of $1.05M across 4 funding rounds to date. The company's 1st funding round was a Seed of $160K, raised on Dec 2021.
PensionBox has 1 employees.
The primary company behind PensionBox, Asht Capital Private Limited, reported revenue of ₹9,904 for FY 2023.
Retirement planning platform for the workforce. It provides AI-enabled personalized retirement plans for consumers. It allows users to save and adjust the frequency of the savings based on preferences. The application is available for iOS and Android users.
PensionBox has 31 investors. Key investors include LetsVenture, Sat Industries, Keynote India, dJAX Technologies, and Shavdia Ventures.
The valuation of PensionBox is $2.57M as of Nov 2022.
PensionBox operates through Asht Capital Private Limited.
Yes. PensionBox was acquired by Rainmatter in February 2026.
The legal entities of PensionBox currently have 2 directors, including Kuldeep Parashar, Shivam Parashar.