About Prudent
Prudent is a company based in Ahmedabad (India) founded in 2000.. Prudent has raised $138.13 thousand across 1 funding round from investors including TA Associates. The company has 1,170 employees as of March 31, 2024.
- Headquarter Ahmedabad, India
- Employees 1170 as on 31 Mar, 2024
- Stage Public
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Sectors
Financial Services
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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 Prudent Corporate Advisory Services Limited
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Annual Revenue
$132.36 M (USD)37.38as on Mar 31, 2024
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Net Profit
$22.9 M (USD)41as on Mar 31, 2024
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EBITDA
$34.46 M (USD)37.32as on Mar 31, 2024
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Total Equity Funding
$138.13 K (USD)
in 1 rounds
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Latest Funding Round
$138.13 K (USD), Private Equity Round
Jul 13, 2018
- Investors
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Employee Count
1170
as on Mar 31, 2024
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IPO & Listings of Prudent
Prudent is a publicly listed company on the NSE with ticker symbol PRUDENT in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Prudent
Prudent has successfully raised a total of $138.13K through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $138.13 thousand completed in July 2018. 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 Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $138,131
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First Round
First Round
(13 Jul 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Private Equity Round - Prudent | Valuation | TA |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Prudent
Prudent has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TA Associates. 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 |
|---|---|---|---|---|
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Multiple sectors are invested in by private equity firm TA.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Prudent
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Prudent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prudent Comparisons
Competitors of Prudent
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prudent
Frequently Asked Questions about Prudent
When was Prudent founded?
Prudent was founded in 2000 and raised its 1st funding round 18 years after it was founded.
Where is Prudent located?
Prudent is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Who is the current CEO of Prudent?
Shirish Patel is the current CEO of Prudent.
Is Prudent a funded company?
Prudent is a funded company, having raised a total of $138.13K across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $138.13K, raised on Jul 13, 2018.
How many employees does Prudent have?
As of Mar 31, 2024, the latest employee count at Prudent is 1,170.
What is the annual revenue of Prudent?
Annual revenue of Prudent is $132.36M as on Mar 31, 2024.
What does Prudent do?
Provider of financial products and investment services. This entity offers mutual funds, insurance, stock broking, fixed income products, portfolio management services, alternative investment funds, and loan products. It also facilitates real estate transactions and peer-to-peer lending. The company utilizes online platforms and mobile applications to deliver these services, supporting both investors and distribution partners. A dedicated IT infrastructure and research capabilities are integral to its operations.
Is Prudent publicly traded?
Yes, Prudent is publicly traded on NSE under the ticker symbol PRUDENT.
Who are Prudent's investors?
Prudent has 1 investor. Key investors include TA Associates.
What is Prudent's ticker symbol?
The ticker symbol of Prudent is PRUDENT on NSE.
What is Prudent's valuation?
The valuation of Prudent is $91.24M as of Jul 2018.
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