About Piggy
Piggy is a company based in Bengaluru (India) founded in 2016 by Ankush Singh, Nikhil Mantha, and Kunal Sangwan. It operates as a FinTech and Commission-Based. Piggy has raised $161.79 thousand across 4 funding rounds from investors including Flipkart Leap, Y Combinator and Sumit Shaha. Piggy offers products and services including Direct Mutual Funds, Digital Gold, and EPF Tracker. Piggy operates in a competitive market with competitors including Spenny, Tranako, pennywise and Codeister Technologies, among others.
- Headquarter Bengaluru, India
- Founders Ankush Singh, Nikhil Mantha, Kunal Sangwan
- 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 Valuevest Services Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$139.89 K (USD)-8.06as on Mar 31, 2023
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Net Profit
$14.22 K (USD)188.56as on Mar 31, 2023
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EBITDA
$13.48 K (USD)147.86as on Mar 31, 2023
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Total Equity Funding
$161.79 K (USD)
in 4 rounds
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Latest Funding Round
$25 K (USD), Grant
Jan 12, 2021
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Investors
Flipkart Leap
& 7 more
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Employee Count
Not available
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Products & Services of Piggy
Piggy offers a comprehensive portfolio of products and services, including Direct Mutual Funds, Digital Gold, and EPF Tracker.
Direct mutual funds are offered without commission fees.
Digital gold investments are facilitated through the platform.
EPF tracking is provided for financial oversight purposes.
Funding Insights of Piggy
Piggy has successfully raised a total of $161.79K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $25 thousand completed in January 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 Piggy
Piggy has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Flipkart Leap, Y Combinator and Sumit Shaha.
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E-commerce startup acceleration and innovation programs focused on technology and partnerships in India.
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Early-stage startups are accelerated via funding and educational programs.
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Sumit Shaha |
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Investor details for Piggy
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Piggy
Investment portfolio details for Piggy
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - Piggy
Detailed financials for Piggy
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- Profit trends
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Piggy Comparisons
Peer comparison for Piggy
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Piggy
Piggy 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 Spenny, Tranako, pennywise and Codeister Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Savings and gold investments are enabled through app-based transaction roundups.
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Spare change from purchases is automatically invested in global assets.
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Offers financial workshops, digital tools, and community for corporate employee education.
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Web and mobile app-based microsavings platform
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Detailed competitors of Piggy
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
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Latest news on Piggy
Complete news archive for Piggy
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Frequently Asked Questions about Piggy
Piggy was founded in 2016.
Piggy is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ankush Singh is the current CEO of Piggy. They have also founded this company.
Piggy is a funded company, having raised a total of $161.79K across 4 funding rounds to date.
Annual revenue of Piggy is $139.89K as on Mar 31, 2023.
Piggy, operated by Valuevest Services Private Limited, is established as Indias first direct mutual fund investment platform. Investments are simplified by eliminating commissions, aiming for higher returns. Services are extended across direct mutual funds, digital gold, and EPF tracking. The platform is supported by proprietary algorithms for selecting high-performing funds. The financial sector is primarily targeted, focusing on user-friendly investment solutions for a growing community in India.
Piggy's top competitors include Spenny, Tranako and Codeister Technologies.
Piggy offers Direct Mutual Funds, Digital Gold, and EPF Tracker.
Piggy has 8 investors. Key investors include Flipkart Leap, Y Combinator, Sumit Shaha, Vandana Golwalkar, and Richa Ahlawat.
The valuation of Piggy is $1.27M as of Jan 2017.