About Savart
Savart is a company based in Hyderabad (India) founded in 2017 by Sankarsh Chanda.. Savart has raised $3.5 million across 9 funding rounds from investors including Venture Catalysts, Z Nation Lab and 100Unicorns. The company has 45 employees as of April 06, 2024. Savart operates in a competitive market with competitors including StockEdge, Pickright, Stock Alerts Background, IntelliInvest and Swing Trading, among others.
- Headquarter Hyderabad, India
- Employees 45 as on 06 Apr, 2024
- Founders Sankarsh Chanda
- 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 Svobodha Infinity Investment Advisors Private Limited
- Date of Incorporation 16 May, 2017
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$325.5 K (USD)568.01as on Mar 31, 2023
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Net Profit
$-720.19 K (USD)-617.94as on Mar 31, 2023
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EBITDA
$-693.53 K (USD)-648.99as on Mar 31, 2023
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Total Equity Funding
$3.5 M (USD)
in 9 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Sep 22, 2022
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Investors
Venture Catalysts
& 41 more
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Employee Count
45
as on Apr 06, 2024
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Funding Insights of Savart
Savart has successfully raised a total of $3.5M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in September 2022. 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 9
- Last Round Seed — $1.5M
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First Round
First Round
(25 Nov 2017)
- Investors Count 42
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Seed - Savart | Valuation | Venture Catalysts , 100Unicorns | |
| Nov, 2021 | Amount | Seed - Savart | Valuation | Beenext , Z Nation Lab | |
| Mar, 2021 | Amount | Angel Round - Savart | Valuation | Krishna Chaitanya , Krishna Chaitanya |
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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 Savart
Savart has secured backing from 42 investors, including venture fund and angel investors. Prominent investors backing the company include Venture Catalysts, Z Nation Lab and 100Unicorns. 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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Early-stage venture capital fund
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Founded Year | Domain | Location | |
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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A startup accelerator offering funding and support to early-stage companies.
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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 Savart
| 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 - Savart
| 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 |
Savart Comparisons
Competitors of Savart
Savart 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 StockEdge, Pickright, Stock Alerts Background, IntelliInvest and Swing Trading, 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 |
Online platform for financial market data
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| domain | founded_year | HQ Location |
Trading signals and recommendations are provided for stock market investors.
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| domain | founded_year | HQ Location |
Offers a technical analysis platform for stock market insights.
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| domain | founded_year | HQ Location |
Provides trade insights and analysis for investors.
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| domain | founded_year | HQ Location |
Operates a digital hub for swing trading calls and resources.
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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 Savart
Frequently Asked Questions about Savart
When was Savart founded?
Savart was founded in 2017.
Where is Savart located?
Savart is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Savart?
Sankarsh Chanda is the current CEO of Savart. They have also founded this company.
Is Savart a funded company?
Savart is a funded company, having raised a total of $3.5M across 9 funding rounds to date.
How many employees does Savart have?
As of Apr 06, 2024, the latest employee count at Savart is 45.
What is the annual revenue of Savart?
Annual revenue of Savart is $325.5K as on Mar 31, 2023.
What does Savart do?
Founded in 2017 and based in Hyderabad, India, Savart operates in the fintech sector. Personalized investment advice is delivered through an AI system, tailored to individual risk profiles and financial objectives. A platform is provided for investments in stocks, mutual funds, and various assets. Research is automated, with recommendations and portfolio rebalancing handled by the AI technology.
Who are the top competitors of Savart?
Savart's top competitors include StockEdge, Pickright and Swing Trading.
Who are Savart's investors?
Savart has 42 investors. Key investors include Venture Catalysts, Z Nation Lab, 100Unicorns, Soonicorn Ventures, and Yatra Angel Network.
What is Savart's valuation?
The valuation of Savart is $9.97M as of Sep 2022.
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