About SCRIMP Capital
SCRIMP Capital is a Financial Services company based in Cuttack (India) founded in 2012. It provides investment guidance, mutual funds, equity trading, and financial planning services. It operates on a B2C and D2C model. Its Indian entity Scrimp Capital Private Limited reported revenue of ₹25 Lakh. SCRIMP Capital offers products and services including Mutual Funds, Equity Trading, Life Insurance, Financial Calculator, and Health Insurance. Its focus areas include FinTech, Insurance Tech, General Insurance and Health and Life Coverage. Similar companies include UTI Mutual Fund, 360 One and Avendus; 2 of its 3 listed similar companies have raised funding.
Company details
SCRIMP Capital Private Limited is a mutual fund distributor that assists individuals with wealth creation through guided investments in mutual funds, fixed deposits, bonds, and equity trading. They offer tools like financial calculators and risk profiling, along with insurance and loan services. Based in Cuttack, Odisha, India, they prioritize secure transactions via a mobile app, helping clients track portfolios and make informed decisions without guaranteeing returns.
- Headquarters Cuttack, India
- SectorsFinancial Services
- Email••••••••
- Website scrimpcapital.com
- Legal Name Scrimp Capital Private Limited
- Date of Incorporation 07 Apr, 2008
- Jurisdiction Cuttack, Odisha, India
- Annual Revenue₹25 Lakh
FY 2024 · +5% YoY
- Net Profit₹45,844
FY 2024 · 2% margin
- EBITDA₹59,763
FY 2024 · 2% margin
Associated legal entities of SCRIMP Capital
SCRIMP Capital operates through Scrimp Capital Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Scrimp Capital Private Limited CIN U74140OR2008PTC009922 | Active | 07 Apr 2008 | Cuttack, Odisha | ₹0.2 Cr | 2 | View details |
Products & Services of SCRIMP Capital
SCRIMP Capital offers a comprehensive portfolio of products and services, including Mutual Funds, Equity Trading, Life Insurance, Financial Calculator, and Health Insurance.
Platform for mutual fund investments and wealth building.
Services for buying and selling equities online.
Coverage for life events and financial protection.
Tool to estimate investment returns and future value.
Plans for medical expenses and health coverage.
Board of directors of Scrimp Capital Private Limited (SCRIMP Capital)
Scrimp Capital Private Limited is the primary company behind SCRIMP Capital. The board of Scrimp Capital Private Limited currently have 2 directors; the longest-serving is Sanjib Kumar Baishaka, appointed in 2008.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjib Kumar Baishaka DIN 02071457 | Managing Director | 07 Apr 2008 | 18 yrs 6 mo | Scrimp Capital Private Limited |
| Santosh Kumar Baishakh DIN 02071509 | Director | 07 Apr 2008 | 18 yrs 6 mo | Scrimp Capital Private Limited |
Financials of SCRIMP Capital
Figures of Scrimp Capital Private Limited, the primary company behind SCRIMP Capital, for FY 2024. Revenue was ₹25 Lakh (+5% year on year). Net profit was ₹45,844 (2% margin). EBITDA was ₹59,763 (2% margin). Revenue has grown at a compounded annual rate of +35% over three years and +12% over five years.
- ₹25 LakhRevenue · FY 2024 · +5% YoY
- ₹45,844Net profit · 2% margin
- ₹59,763EBITDA · 2% margin
- ₹1 LakhPaid-up capital
- +35%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Scrimp Capital Private Limited are on its company page.
Detailed financial statements for SCRIMP Capital
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to SCRIMP Capital
SCRIMP Capital has 3 listed similar companies in our database, 2 of them funded. They include UTI Mutual Fund, 360 One and Avendus.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| utimf.com | 2001 | Mumbai, India | $142.4M | 1,468 | Mutual funds, portfolio management, and retirement planning services are offered. | |
| 360.one | 2008 | Mumbai, India | 65 | Asset and wealth management software is provided for businesses. | ||
| avendus.com | 1999 | Mumbai, India | $178.11M | 215 | Corporate advisory and investment services are provided to clients. |
Detailed similar companies of SCRIMP Capital
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Verified entity values are shown only after access is granted.
Top companies in Insurance Technology & Support Services
2 companies that operate in the same segment as SCRIMP Capital (Insurance Technology & Support Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M |
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Frequently Asked Questions about SCRIMP Capital
SCRIMP Capital was founded in 2012.
SCRIMP Capital is headquartered in Cuttack, India. It is registered at Cuttack, Odisha, India.
The primary company behind SCRIMP Capital, Scrimp Capital Private Limited, reported revenue of ₹25 Lakh for FY 2024, up 5% year on year.
SCRIMP Capital Private Limited is a mutual fund distributor that assists individuals with wealth creation through guided investments in mutual funds, fixed deposits, bonds, and equity trading. They offer tools like financial calculators and risk profiling, along with insurance and loan services. Based in Cuttack, Odisha, India, they prioritize secure transactions via a mobile app, helping clients track portfolios and make informed decisions without guaranteeing returns.
SCRIMP Capital's top competitors include UTI Mutual Fund, Avendus and 360 One.
SCRIMP Capital offers Mutual Funds, Equity Trading, Life Insurance, Financial Calculator, and Health Insurance.
SCRIMP Capital operates through Scrimp Capital Private Limited.
The legal entities of SCRIMP Capital currently have 2 directors, including Sanjib Kumar Baishaka, Santosh Kumar Baishakh.