About SmartSIP
SmartSIP was a Financial Services company based in Mumbai (India) founded in 2017. It operates as an an online platform specializing in mutual fund investments for individual users. It operates on a B2C model. Its Indian entity Almedus Solutions Private Limited reported revenue of ₹1.98 Cr. The company is recorded as dissolved. Its focus areas include Finance, Investment Services, Mutual Funds and Online Platforms. Its competitors include Kristal, Wahed, FundExpert, Elever and Orowealth and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
SmartSIP an online platform specializing in mutual fund investments for individual users, focusing on finance, investment services, managing mutual funds, and online platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- SectorsFinancial Services
- Website smartsip.in
- Social X Facebook
- Legal Name Almedus Solutions Private Limited
- Date of Incorporation 22 Oct, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.98 Cr
FY 2025 · +4218% YoY
- Net Profit₹79.5 Lakh
FY 2025 · 40% margin
- EBITDA₹1.11 Cr
FY 2025 · 56% margin
Associated legal entities of SmartSIP
SmartSIP operates through Almedus Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Almedus Solutions Private Limited CIN U74140MH2013PTC249454 | Active | 22 Oct 2013 | Mumbai, Maharashtra | ₹2.0 Cr | – | 2 | View details |
Board of directors of Almedus Solutions Private Limited (SmartSIP)
Almedus Solutions Private Limited is the primary company behind SmartSIP. The board of Almedus Solutions Private Limited currently have 2 directors; the longest-serving is Hersh Kathuria, appointed in 2013.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hersh Kathuria DIN 06657259 | Director | 22 Oct 2013 | 12 yrs 11 mo | Almedus Solutions Private Limited |
| Bhagwanti Kathuria DIN 06657285 | Director | 22 Oct 2013 | 12 yrs 11 mo | Almedus Solutions Private Limited |
Financials of SmartSIP
Figures of Almedus Solutions Private Limited, the primary company behind SmartSIP, for FY 2025. Revenue was ₹1.98 Cr (+4218% year on year). Net profit was ₹79.5 Lakh (40% margin). EBITDA was ₹1.11 Cr (56% margin). Revenue has grown at a compounded annual rate of +81% over five years.
- ₹1.98 CrRevenue · FY 2025 · +4218% YoY
- ₹79.5 LakhNet profit · 40% margin
- ₹1.11 CrEBITDA · 56% margin
- ₹1 LakhPaid-up capital
- +81%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Almedus Solutions Private Limited are on its company page.
Detailed financial statements for SmartSIP
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of SmartSIP
SmartSIP has 9 listed competitors in our database, 8 of them funded. They include Kristal, Wahed, FundExpert, Elever and Orowealth, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kristal.ai | 2016 | Singapore | $19.1M | 42 | AI-based asset management is offered for individual investors. | |
| wahed.com | 2017 | New York, United States | $95M | – | Shariah-compliant investments and savings are offered to individuals. | |
| fundexpert.in | 2016 | Bengaluru, India | $88,816 | 4,379 | Automated mutual fund investing platform | |
| elever.app | 2020 | Bengaluru, India | $4.76M | 12 | Goal-based investments are enabled via an app-based platform. | |
| orowealth.com | 2015 | Mumbai, India | $2M | 42 | Platform for alternative asset and mutual fund investments is provided. | |
| goalwise.com | 2015 | Delhi, India | $1M | 4 | Goal-based investing platform | |
| reliancesmartmoney.com | 2005 | Mumbai, India | – | 1 | Provider of online platform for trading stocks, mutual funds, and insurance | |
| finbingo.com | 2017 | Mumbai, India | $3.72M | 58 | AI-based robo advisor & financial advisory platform | |
| wealthapp.com | 2016 | Bengaluru, India | $610,625 | – | Algorithm-driven investment advisory services are offered via mobile app. |
Detailed competitors of SmartSIP
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as SmartSIP (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Frequently Asked Questions about SmartSIP
SmartSIP was founded in 2017.
SmartSIP is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind SmartSIP, Almedus Solutions Private Limited, reported revenue of ₹1.98 Cr for FY 2025, up 4218% year on year.
SmartSIP an online platform specializing in mutual fund investments for individual users, focusing on finance, investment services, managing mutual funds, and online platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
SmartSIP's top competitors include Kristal, Wahed and FundExpert.
SmartSIP operates through Almedus Solutions Private Limited.
The legal entities of SmartSIP currently have 2 directors, including Hersh Kathuria, Bhagwanti Kathuria.