About Propel Money
Propel Money is a Technology company based in Bengaluru (India) founded in 2021. It provides app-based financial plans for insurance, investments, and tax savings. It operates on a B2C and SaaS model. Its website propelmoney.in draws about 681 thousand monthly visits. Propel Money offers products and services including Financial Planning App, Mutual Fund Recommendations, and Tax Savings Guidance. Its focus areas include FinTech, Investment Tech, Financial Planning and Personal Finance Advice. Its legal entity in India is Merada Technology Private Limited (U72900KA2021PTC146112). Its competitors include Scripbox, Dezerv, Wealthy, Nivesh and ASK Group and 1 more; 5 of its 6 listed competitors have raised funding.
Company details
Propel Money is an app-based platform that delivers personalized financial advice, helping users with insurance recommendations, mutual fund investments, emergency funds, and tax strategies. It builds customized plans based on user inputs like income and family details, aiming to protect and grow wealth safely. Located in Bengaluru, India, it serves individuals seeking comprehensive, unbiased financial guidance.
- Headquarters Bengaluru, India
- Employees 1
- SectorsTechnology
- Website propelmoney.in
- Social LinkedIn YouTube
- Legal Name Merada Technology Private Limited
- Date of Incorporation 05 Apr, 2021
- Jurisdiction Bangalore, Karnataka, India
- Employee Count1
Associated legal entities of Propel Money
Propel Money operates through Merada Technology Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Merada Technology Private Limited CIN U72900KA2021PTC146112 | Active | 05 Apr 2021 | Bangalore, Karnataka | – | – | 2 | View details |
Products & Services of Propel Money
Propel Money offers a comprehensive portfolio of products and services, including Financial Planning App, Mutual Fund Recommendations, and Tax Savings Guidance.
App for personalized advice on insurance and investments
Service suggesting funds based on user profiles
Advice on deductions and exempt incomes for tax reduction
Apps and channels of Propel Money
its YouTube channel Propel Money has 23 subscribers and 30 videos.
Videos from Propel Money
The most watched videos on Propel Money's YouTube channel, Propel Money (23 subscribers). Click a video to play it here.
More on Propel Money.
Board of directors of Merada Technology Private Limited (Propel Money)
Merada Technology Private Limited is the primary company behind Propel Money. The board of Merada Technology Private Limited currently have 2 directors; the longest-serving is Shyamal Mehta, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shyamal Mehta DIN 02794350 | Director | 05 Apr 2021 | 5 yrs 6 mo | Merada Technology Private Limited |
| Kaushal Jaswant Dalal DIN 00193106 | Director | 05 Apr 2021 | 5 yrs 6 mo | Merada Technology Private Limited |
Competitors of Propel Money
Propel Money has 6 listed competitors in our database, 5 of them funded. They include Scripbox, Dezerv, Wealthy, Nivesh and ASK Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| scripbox.com | 2012 | Bengaluru, India | $83.98M | 398 | Platform offering mutual fund investments, financial planning, and wealth growth services | |
| dezerv.in | 2021 | Mumbai, India | $100M | 513 | Investment solutions and portfolio management are provided for affluent individuals. | |
| wealthy.in | 2015 | Bengaluru, India | $22.29M | 231 | Digital wealth management platform is offered for personalized investments. | |
| nivesh.com | 2016 | Noida, India | $5.24M | 41 | Wealth management and financial products are provided online for individuals. | |
| askfinancials.com | 1983 | Mumbai, India | $125M | 191 | Asset & wealth management platform | |
| etmoney.com | 2014 | Gurugram, India | – | 128 | App-based mutual fund investment platform |
Detailed competitors of Propel Money
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 Propel Money
The website of Propel Money (propelmoney.in) receives about 680.7K visits a month.
- Monthly visits680.7K
▼ 6.7% vs previous month
Websites whose visitors overlap most with Propel Money. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| falconebiz.com | 100% | 959.8K | #63,970 | View details | |
| tofler.in | 97% | 556K | #105,509 | View details | |
| zaubacorp.com | 96% | 4.9M | #12,689 | View details | |
| tracxn.com | 92% | 2.9M | #16,597 | View details | |
| indiafilings.com | 90% | 2.1M | #29,959 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Propel Money
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 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
10 companies that operate in the same segment as Propel Money (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | 14,747 | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | 2,713 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | 602 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | 674 | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | 1,524 |
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Frequently Asked Questions about Propel Money
Propel Money was founded in 2021.
Propel Money is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Propel Money has 1 employees.
Propel Money is an app-based platform that delivers personalized financial advice, helping users with insurance recommendations, mutual fund investments, emergency funds, and tax strategies. It builds customized plans based on user inputs like income and family details, aiming to protect and grow wealth safely. Located in Bengaluru, India, it serves individuals seeking comprehensive, unbiased financial guidance.
Propel Money offers Financial Planning App, Mutual Fund Recommendations, and Tax Savings Guidance.
Propel Money operates through Merada Technology Private Limited.
The legal entities of Propel Money currently have 2 directors, including Shyamal Mehta, Kaushal Jaswant Dalal.
The website of Propel Money receives about 681 thousand visits a month.