About Samco
Samco is a company based in Mumbai (India) founded in 2015 by Pratik Adani and Jimeet Modi. It operates as a Commission-Based, and Subscription Services. Samco has raised $19.61 million across 4 funding rounds from investors including Bay Cap, Kapil Dev IT Services and Siddharth Mehta. Samco offers products and services including Samco Trading App, Samco Recommendations, and RankMF. Samco operates in a competitive market with competitors including Groww, Angel One, Upstox, Interactive Brokers and Tiger Brokers, among others.
- Headquarter Mumbai, India
- Founders Pratik Adani, Jimeet Modi
- 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 Samco Securities Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.61 M (USD)
in 4 rounds
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Latest Funding Round
$8.46 M (USD), Series B
Sep 04, 2018
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Investors
Bay Cap
& 10 more
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Employee Count
Employee Count
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Products & Services of Samco
Samco offers a comprehensive portfolio of products and services, including Samco Trading App, Samco Recommendations, and RankMF. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A mobile app for trading and investing activities.
Data-backed trading ideas with performance metrics provided.
Platform for mutual fund investments and recommendations offered.
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Software Development Team
1 people
Finance and Accounting
1 people
Leadership Team
1 people
Co Team
1 people
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Funding Insights of Samco
Samco has successfully raised a total of $19.61M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $8.46 million completed in September 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 4
- Last Round Series B — $8.5M
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First Round
First Round
(09 Apr 2016)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Series B - Samco | Valuation |
investors |
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| Feb, 2018 | Amount | Series B - Samco | Valuation | Bay Capital | |
| Jul, 2017 | Amount | Angel Round - Samco | Valuation |
investors |
| 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 Samco
Samco has secured backing from 11 investors, including institutional and angel investors. Prominent investors backing the company include Bay Cap, Kapil Dev IT Services and Siddharth Mehta. 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 strategies are employed in hedge fund equity management.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Provides acoustic noise control products and industrial conveyors for manufacturing sectors.
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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 Samco
| 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 - Samco
| 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 |
Samco Comparisons
Competitors of Samco
Samco 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 Groww, Angel One, Upstox, Interactive Brokers and Tiger Brokers, 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 |
An online platform for investments and trading services is offered.
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| domain | founded_year | HQ Location |
App-based brokerage stock trading platform
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| domain | founded_year | HQ Location |
Tech-driven trading platform is offered for low-cost brokerage services.
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| domain | founded_year | HQ Location |
Provider of online brokerage services and trading platforms
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| domain | founded_year | HQ Location |
Online trading of stocks, securities, and options is enabled.
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| domain | founded_year | HQ Location |
Online platform for stock trading, mutual funds, and investment tools.
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| 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 Samco
Frequently Asked Questions about Samco
When was Samco founded?
Samco was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Samco located?
Samco is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Samco?
Jimeet Modi is the current CEO of Samco. They have also founded this company.
Is Samco a funded company?
Samco is a funded company, having raised a total of $19.61M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $496.77K, raised on Apr 09, 2016.
What does Samco do?
Samco is involved in offering online trading and investment solutions through platforms like the Samco Trading App and RankMF. Services are provided in sectors such as equity, options, futures, ETFs, and mutual funds. Personalized, science-backed recommendations are delivered to cater to both short-term traders and long-term investors. Tools for smart order execution, live alerts, and risk control are integrated into the platforms. Transparent pricing with low brokerage fees is maintained to support a wide range of financial products and asset classes.
What products or services does Samco offer?
Samco offers Samco Trading App, Samco Recommendations, and RankMF.
Who are Samco's investors?
Samco has 11 investors. Key investors include Bay Cap, Kapil Dev IT Services, Siddharth Mehta, Quick Trading and Investment, and Leena Modi.
What is Samco's valuation?
The valuation of Samco is $138.78M as of Sep 2018.
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