About Pickright
Pickright is a company based in Bengaluru (India) founded in 2019 by Namandeep Bhatia and Siddharth Panjwani was acquired by Nuvama Wealth in March 2023. Pickright has raised $455.77 thousand across 3 funding rounds from investors including Mumbai Angels, Nuvama Wealth and Keynote Capitals. Pickright offers products and services including Investpacks, Trading Advisory, and Direct Mutual Funds. Pickright operates in a competitive market with competitors including StockEdge, Savart, Swing Trading, IntelliInvest and 72PI, among others.
- Headquarter Bengaluru, India
- Founders Namandeep Bhatia, Siddharth Panjwani
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Pickright Technologies Private Limited
- Date of Incorporation 18 Jul, 2019
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$229.72 K (USD)1350.17as on Mar 31, 2024
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Net Profit
-$215.08 K (USD)-40.07as on Mar 31, 2024
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EBITDA
-$285.07 K (USD)-119.72as on Mar 31, 2024
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Total Equity Funding
$455.77 K (USD)
in 3 rounds
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Latest Funding Round
$245.7 K (USD), Seed
May 14, 2021
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Investors
Mumbai Angels
& 53 more
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Employee Count
Not available
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Acquired by
Nuvama Wealth
(Mar 20, 2023)
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Products & Services of Pickright
Pickright offers a comprehensive portfolio of products and services, including Investpacks, Trading Advisory, and Direct Mutual Funds.
Pre-built portfolios of assets managed by experts for automated investing.
Expert tips on trading securities and investments for informed decisions.
Platform for direct access and management of mutual fund investments.
People of Pickright
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Funding Insights of Pickright
Pickright has successfully raised a total of $455.77K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $245.7 thousand completed in May 2021. 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 Pickright
Pickright has secured backing from 54 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mumbai Angels, Nuvama Wealth and Keynote Capitals.
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Multiple sectors are incubated by the foundation in Mumbai, India.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Early-stage startups are funded by 100X.VC venture capital firm.
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Investor details for Pickright
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Investments & Acquisitions by Pickright
Investment portfolio details for Pickright
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Financial Statements - Pickright
Detailed financials for Pickright
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Pickright Comparisons
Peer comparison for Pickright
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Competitors of Pickright
Pickright 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 StockEdge, Savart, Swing Trading, IntelliInvest and 72PI, among others.
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Online platform for financial market data
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AI-powered solutions for investment advisory and portfolio management are offered.
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Operates a digital hub for swing trading calls and resources.
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Provides trade insights and analysis for investors.
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Provides technical analysis for stock investments and hedge funds.
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Detailed competitors of Pickright
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Latest news on Pickright
Complete news archive for Pickright
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Frequently Asked Questions about Pickright
Pickright was founded in 2019.
Pickright is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Pickright is a funded company, having raised a total of $455.77K across 3 funding rounds to date.
Annual revenue of Pickright is $229.72K as on Mar 31, 2024.
Pickright was founded in 2019 in Bengaluru, India, within the financial technology sector. Stock market recommendations and trading signals are delivered via an Android application. Access to tools, technical indicators, real-time prices, news updates, alerts, and advisory services is enabled for users to formulate trading strategies. Operations focus on investor support in the Indian market.
Pickright's top competitors include StockEdge, Savart and Swing Trading.
Pickright offers Investpacks, Trading Advisory, and Direct Mutual Funds.
Pickright has 54 investors. Key investors include Mumbai Angels, Nuvama Wealth, Keynote Capitals, Navkar Investment, and JITO Incubation & Innovation Foundation.
The valuation of Pickright is $1.82M as of May 2021.