Samco

Mumbai, India Founded: 2015 • Age: 11 yrs
Online trading platforms and investment tools are provided by Samco.
Annual revenue - Latest available
Total funding $19.6M 4 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Samco Securities Limited
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $19.61 M (USD)

    in 4 rounds

  • Latest Funding Round
    $8.46 M (USD), Series B

    Sep 04, 2018

  • Investors
    Bay Cap

    & 10 more

  • Employee Count
    Not available
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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.

Product name locked
Category locked
Primary

A mobile app for trading and investing activities.

Product name locked
Category locked
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Data-backed trading ideas with performance metrics provided.

Product name locked
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Platform for mutual fund investments and recommendations offered.

People of Samco

Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Pradeep Kumar Keshari
Technical Lead
People
Mahesh Morabia
CFO
People
Jimeet Modi
CEO
People
Pratik Adani
Co-Founder & CTO

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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.

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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Multiple strategies are employed in hedge fund equity management.
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Provides acoustic noise control products and industrial conveyors for manufacturing sectors.
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Investor details for Samco

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Samco

Investments
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Investment portfolio details for Samco

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Samco

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Detailed financials for Samco

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  • Profit trends
  • Statement rows
  • Financial ratios

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Samco Comparisons

Samco Primary company
Description
Online trading platforms and investment tools are provided b...
Location
Mumbai, India
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Samco

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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.

Company Name Domain Founded year HQ Location Description
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An online platform for investments and trading services is offered.
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App-based brokerage stock trading platform
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Tech-driven trading platform is offered for low-cost brokerage services.
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Provider of online brokerage services and trading platforms
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Online trading of stocks, securities, and options is enabled.
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Online platform for stock trading, mutual funds, and investment tools.
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Detailed competitors of Samco

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  • Domains and locations
  • Full company profiles
  • Operating metrics
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Latest news on Samco

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Complete news archive for Samco

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Samco

Samco was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Samco is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Jimeet Modi is the current CEO of Samco. They have also founded this company.

Samco is a funded company, having raised a total of $19.61M across 4 funding rounds to date.

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.

Samco's top competitors include Angel One, Upstox and Groww.

Samco offers Samco Trading App, Samco Recommendations, and RankMF.

Samco has 11 investors. Key investors include Bay Cap, Kapil Dev IT Services, Siddharth Mehta, Quick Trading and Investment, and Leena Modi.

The valuation of Samco is $138.78M as of Sep 2018.

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