About Samco
Samco is a Technology company based in Mumbai (India) founded in 2015 by Pratik Adani and Jimeet Modi. Online trading platforms and investment tools are provided by Samco. It operates on a Commission-Based and Subscription Services model. Samco has raised $19.61 million across 4 funding rounds from investors including Bay Cap, Kapil Dev IT Services and Siddharth Mehta. Samco was last valued at $138.78 million in September 2018. Its chief executive, as recorded, is Jimeet Modi. Its website samco.in draws about 342 thousand monthly visits. Its Indian entity Samco Securities Limited reported revenue of ₹110 Cr. Samco offers products and services including Samco Trading App, Samco Recommendations, and RankMF. Its focus areas include Financials, Capital Markets and Brokerage Services. Its competitors include Groww, Angel One and Upstox; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Founders Pratik Adani, Jimeet Modi
- Stage Minicorn
- SectorsTechnology
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website samco.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Samco Securities Limited
- Date of Incorporation 10 May, 2004
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹110 Cr
FY 2025 · +3% YoY
- Net Loss-₹10.82 Cr
FY 2025 · -10% margin
- EBITDA-₹6.22 Cr
FY 2025 · -6% margin
- Total Equity Funding$19.61M (USD)
in 4 rounds
- Latest Funding Round$8.46M (USD), Series B
Sep 2018
- InvestorsBay Cap
& 10 more
Associated legal entities of Samco
Samco is associated with 5 registered companies on The Company Check; the primary company is Samco Securities Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Samco Securities Limited CIN U66220MH2004PLC146183 | Active | 10 May 2004 | Mumbai, Maharashtra | ₹110 Cr | 422 | 4 | View details |
| Samruddhi Finstock Limited CIN U65910MH1995PLC367237 | Amalgamated | 29 Mar 1995 | Mumbai, Maharashtra | ₹0.0 Cr | 3 | View details | |
| Samco Commodities Limited CIN U74900MH2013PLC239589 | Amalgamated | 14 Jan 2013 | Mumbai, Maharashtra | ₹2.9 Cr | 3 | View details | |
| Samco Ventures Private Limited CIN U74999MH2015PTC262652 | Active | 12 Mar 2015 | Mumbai, Maharashtra | ₹6.7 Cr | 3 | View details | |
| Samco Securities Limited CIN U67120MH2004PLC146183 | Active | 10 May 2004 | Mumbai, Maharashtra, India | View details |
Products & Services of Samco
Samco offers a comprehensive portfolio of products and services, including Samco Trading App, Samco Recommendations, and RankMF.
A mobile app for trading and investing activities.
Data-backed trading ideas with performance metrics provided.
Platform for mutual fund investments and recommendations offered.
Apps and channels of Samco
Samco publishes 1 mobile app with over 1M+ downloads; its YouTube channel Samco Securities has 20.9K subscribers and 30 videos.
Videos from Samco
The most watched videos on Samco's YouTube channel, Samco Securities (20.9K subscribers). Click a video to play it here.
More on Samco Securities.
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 $19.61M
- Total Rounds 4
- Last Round Series B — $8.46M
- First Round $3M
(Apr 2016)
- Investors Count 11
All 4 funding rounds of Samco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2018 | $8.46M | Series B | $138.78M | – | |
| Feb 2018 | $7.66M | Series B | $64.55M | Bay Capital | |
| Jul 2017 | $496,771 | Angel Round | $••••• | – | |
| Apr 2016 | $3M | Series A | $••••• | Kapil Dev IT Services |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2018 | $138.78M | •••••••• |
| Feb 2018 | $64.55M | •••••••• |
| Jul 2017 | $••••• | •••••••• |
| Apr 2016 | $••••• | •••••••• |
Full valuation and stage history of Samco
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $138.78M (Sep 2018). 11 investors in total: 3 institutional and 8 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple strategies are employed in hedge fund equity management. | 2006 | bay-cap.com | Mumbai, India | |
Provides acoustic noise control products and industrial conveyors for manufacturing sectors. | 2015 | kapildevitservices.com | New Delhi, India | |
SM Siddharth Mehta | Founder of Savvy Group, angel investor in Indian startups | unknown_78a001fa67404c4fa | ||
LM Leena Modi | unknown_b5ad507fedf645bbb | |||
KD Kapil Dev | unknown_6eac4988d4e44b329 | |||
ND Nikunj Doshi | Angel investor and entrepreneur, focused on tech startups in India. | unknown_035bde8b991e403e9 | ||
VM Vipul Modi | unknown_68c8dfc2d45b4b6f8 | |||
PD Priti Doshi | unknown_3ad3a3559db04353b | |||
JM Jimeet Modi | Founder of Samco Securities, active angel investor in Indian startups | unknown_7b2cbd60655d4659b |
Investor details for Samco
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Samco Securities Limited (Samco)
Samco Securities Limited is the primary company behind Samco. The boards of the 4 registered companies of Samco currently have 6 directors; the longest-serving is Vipul Jayantilal Modi, appointed in 1996. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vipul Jayantilal Modi DIN 00796116 | Director | 24 Dec 1996 | 29 yrs 10 mo | Samruddhi Finstock Limited, Samco Securities Limited, Samco Ventures Private Limited |
| Leena Vipul Modi DIN 00796382 | Director | 08 Feb 2002 | 24 yrs 8 mo | Samruddhi Finstock Limited, Samco Commodities Limited |
| Mahesh Prabhulal Morbia DIN 01713400 | Director | 10 May 2004 | 22 yrs 5 mo | Samco Securities Limited, Samco Commodities Limited |
| Jimeet Vipul Modi DIN 05285416 | Director | 17 Jan 2015 | 11 yrs 9 mo | Samruddhi Finstock Limited, Samco Ventures Private Limited |
| Pratik Dilip Adani DIN 03468799 | Director | 02 Dec 2016 | 9 yrs 11 mo | Samco Securities Limited, Samco Commodities Limited |
| Hinesh Doshi Rameshchandra DIN 00322805 | Director | 30 May 2018 | 8 yrs 5 mo | Samco Securities Limited |
People of Samco
4 people are tracked at Samco (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Mahesh Morabia | CFO | Leadership |
Pradeep Kumar Keshari | Technical Lead | Team |
Complete people profiles for Samco
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Samco
Figures of Samco Securities Limited, the primary company behind Samco, for FY 2025. Revenue was ₹110 Cr (+3% year on year). Net loss was -₹10.82 Cr (-10% margin). EBITDA was -₹6.22 Cr (-6% margin). Revenue has grown at a compounded annual rate of +2% over three years and +10% over five years.
- ₹110 CrRevenue · FY 2025 · +3% YoY
- -₹10.82 CrNet loss · -10% margin
- -₹6.22 CrEBITDA · -6% margin
- ₹1.76 CrPaid-up capital
- 422Employees (provident fund records)
- +2%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Samco Securities Limited are on its company page.
Detailed financial statements for Samco
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Samco
4 dated milestones of Samco across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Samco is founded.
- Funding First funding round of $3.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $8.5M.
Competitors of Samco
Samco has 3 listed competitors in our database, 3 of them funded. They include Groww, Angel One and Upstox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| groww.in | 2016 | Bengaluru, India | $595.76M | 933 | An online platform for investments and trading services is offered. | |
| angelone.in | 1996 | Mumbai, India | $38.41M | 2,974 | App-based brokerage stock trading platform | |
| upstox.com | 2009 | Mumbai, India | $219.86M | 582 | Tech-driven trading platform is offered for low-cost brokerage services. |
Detailed competitors of Samco
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Samco
The website of Samco (samco.in) receives about 342.4K visits a month and ranks #137,591 among all websites worldwide, #8,591 in Investing.
- Monthly visits342.4K
▲ 6.9% vs previous month
- Unique visitors131K
per month
- Global rank#137,591
among all websites
- Category rank#8,591
Finance · Investing
- Bounce rate35%
- Pages per visit3.2
- Average visit3 min 03 sec
- DevicesDesktop 32% · Mobile 69%
Websites whose visitors overlap most with Samco. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| upstox.com | 100% | 17M | #2,373 | View details | |
| angelone.in | 100% | 23.4M | #1,679 | View details | |
| nseindia.com | 97% | 19.9M | #2,783 | View details | |
| tradingview.com | 96% | 248.1M | #118 | View details | |
| option-price.com | 96% | #1,288,303 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Samco
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Related news about Samco
Complete news archive for Samco
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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 CEO of Samco, as recorded in our data. They have also founded this 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 Series A of $3M, raised on Apr 2016.
The primary company behind Samco, Samco Securities Limited, reported revenue of ₹110 Cr for FY 2025, up 3% year on year.
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 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.
Samco is associated with 4 legal entities: Samco Securities Limited, Samruddhi Finstock Limited, Samco Commodities Limited and others.
The legal entities of Samco currently have 7 directors, including Jimeet Vipul Modi, Vipul Jayantilal Modi, Leena Vipul Modi and others.