About Principal India
Principal India is a company based in Mumbai (India) founded in 1879 was acquired by Sundaram Asset Management in January 2021.. Principal India operates in a competitive market with competitors including Fidelity Investments, UTI Mutual Fund, S&P Global, Bank of America and FIS, among others.
- Headquarter Mumbai, India
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
$7.23 M (USD)1as on Mar 31, 2021
-
Net Profit
$-1.16 M (USD)42as on Mar 31, 2021
-
EBITDA
$-1.08 M (USD)43as on Mar 31, 2021
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Sundaram Asset Management
(Jan 28, 2021)
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
Funding Insights of Principal India
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Principal India
Principal India has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sundaram Asset Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
An investment management firm specializing in diversified funds and portfolios.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Principal India
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Principal India
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Principal India Comparisons
Competitors of Principal India
Principal India 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 Fidelity Investments, UTI Mutual Fund, S&P Global, Bank of America and FIS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
|
|
| domain | founded_year | HQ Location |
Mutual funds, portfolio management, and retirement planning services are offered.
|
|
| domain | founded_year | HQ Location |
Platform offering business intelligence solutions that combine data and actionable analytics for clients
|
|
| domain | founded_year | HQ Location |
Commercial banking and asset management services are offered worldwide.
|
|
| domain | founded_year | HQ Location |
Software suites for banks and financial institutions are provided.
|
|
| domain | founded_year | HQ Location |
Financial services are provided to asset managers worldwide.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Principal India
Frequently Asked Questions about Principal India
When was Principal India founded?
Principal India was founded in 1879.
Where is Principal India located?
Principal India is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
What is the annual revenue of Principal India?
Annual revenue of Principal India is $7.23M as on Mar 31, 2021.
What does Principal India do?
Principal India was established in 1879 as an asset management firm. Operations are based in Mumbai, India, where investment portfolios are overseen for institutional and individual clients. Services include portfolio management, advisory on equities and fixed income, and risk assessment. The firm operates within the financial services sector, focusing on domestic and international markets to support client objectives. Geographic emphasis is placed on India, with compliance to local regulations ensured.
Who are the top competitors of Principal India?
Principal India's top competitors include Fidelity Investments, UTI Mutual Fund and Goldman Sachs.
Who are Principal India's investors?
Principal India has 1 investor. Key investors include Sundaram Asset Management.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.