
About Spectrum Wealth
Spectrum Wealth is a Financial Services company based in Delhi (India) founded in 2020. It delivers comprehensive diversified insurance services to clients. It operates on a B2C model. The company has 65 employees. Its Indian entity Spectrum Wealth Management Private Limited reported revenue of βΉ2.23 Cr. Its focus areas include Insurance, Diversified Services and Policy Management. Similar companies include ICICI Lombard, Bajaj Finserv and UTI Mutual Fund; 2 of its 3 listed similar companies have raised funding.
Company details
Spectrum Wealth, established in 2020, excels in offering financial products and advice, offering insurance products, diversified services, and managing policies. Delivers comprehensive diversified insurance services to clients. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Delhi, India
- Employees 65
- SectorsFinancial Services
- Website spectrumwealth.in
- Legal Name Spectrum Wealth Management Private Limited
- Date of Incorporation 11 Feb, 2020
- Jurisdiction Delhi, India
- Annual Revenue₹2.23 Cr
FY 2024 · +24% YoY
- Net Profit₹1.1 Lakh
FY 2024 · 0% margin
- EBITDA₹4.2 Lakh
FY 2024 · 2% margin
- Employee Count65
Associated legal entities of Spectrum Wealth
Spectrum Wealth operates through Spectrum Wealth Management 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 |
|---|---|---|---|---|---|---|---|
| Spectrum Wealth Management Private Limited CIN U65929DL2020PTC361677 | Active | 11 Feb 2020 | Delhi, Delhi | ₹2.2 Cr | 65 | 3 | View details |
Board of directors of Spectrum Wealth Management Private Limited (Spectrum Wealth)
Spectrum Wealth Management Private Limited is the primary company behind Spectrum Wealth. The board of Spectrum Wealth Management Private Limited currently have 3 directors; the longest-serving is Pankaj Gupta, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Gupta DIN 03351521 | Director | 11 Feb 2020 | 6 yrs 8 mo | Spectrum Wealth Management Private Limited |
| Richa Varshney DIN 06992070 | Director | 11 Feb 2020 | 6 yrs 8 mo | Spectrum Wealth Management Private Limited |
| Yatharth Gupta DIN 10169588 | Additional Director | 21 Jan 2024 | 2 yrs 9 mo | Spectrum Wealth Management Private Limited |
Financials of Spectrum Wealth
Figures of Spectrum Wealth Management Private Limited, the primary company behind Spectrum Wealth, for FY 2024. Revenue was ₹2.23 Cr (+24% year on year). Net profit was ₹1.1 Lakh (0% margin). EBITDA was ₹4.2 Lakh (2% margin). Revenue has grown at a compounded annual rate of +37% over three years.
- ₹2.23 CrRevenue · FY 2024 · +24% YoY
- ₹1.1 LakhNet profit · 0% margin
- ₹4.2 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- 65Employees (provident fund records)
- +37%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Spectrum Wealth Management Private Limited are on its company page.
Detailed financial statements for Spectrum Wealth
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- Five-year trends
- Downloads
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Similar companies to Spectrum Wealth
Spectrum Wealth has 3 listed similar companies in our database, 2 of them funded. They include ICICI Lombard, Bajaj Finserv and UTI Mutual Fund.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| icicilombard.com | 2001 | Mumbai, India | $306.52M | 15,275 | Life, health, and general insurance services are provided across India. | |
| bajajfinserv.in | 2007 | Pune, India | 53,782 | Financial solutions including loans and insurance are offered. | ||
| utimf.com | 2001 | Mumbai, India | $142.4M | 1,468 | Mutual funds, portfolio management, and retirement planning services are offered. |
Detailed similar companies of Spectrum Wealth
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Top companies in Insurance & Risk Management
3 companies that operate in the same segment as Spectrum Wealth (Insurance & Risk Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Health insurance plans are offered for individuals and families. | 2006 | Chennai, Tamil Nadu, India | USD 783.29 M | USD 1.9 B | 15,820 | |
Life, health, and general insurance services are provided across India. | 2001 | Mumbai, Maharashtra, India | USD 306.52 M | USD 2.88 B | 16,700 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | USD 15.24 B | 126 |
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Frequently Asked Questions about Spectrum Wealth
Spectrum Wealth was founded in 2020.
Spectrum Wealth is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Spectrum Wealth has 65 employees.
The primary company behind Spectrum Wealth, Spectrum Wealth Management Private Limited, reported revenue of βΉ2.23 Cr for FY 2024, up 24% year on year.
Spectrum Wealth, established in 2020, excels in offering financial products and advice, offering insurance products, diversified services, and managing policies. Delivers comprehensive diversified insurance services to clients. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Spectrum Wealth's top competitors include ICICI Lombard, Bajaj Finserv and UTI Mutual Fund.
Spectrum Wealth operates through Spectrum Wealth Management Private Limited.
The legal entities of Spectrum Wealth currently have 3 directors, including Pankaj Gupta, Yatharth Gupta, Richa Varshney.