About Trufid
Trufid is a Financial Services company based in Mumbai (India) founded in 2017. It provides wealth management, family office, and product platform services. It operates on a B2B model. Its Indian entity Trufid Services Private Limited reported revenue of ₹8.51 Cr. Trufid offers products and services including Wealth Management, Family Office, and Product Platform. Its focus areas include FinTech, Product Platform, Financial Tools and Wealth Management Platform. Similar companies include Fidelity Investments, UTI Mutual Fund, S&P Global, Bank of America and FIS and 5 more; 4 of its 10 listed similar companies have raised funding.
Company details
Trufid Services Pvt. Ltd. is a financial advisory firm based in Mumbai, India, specializing in wealth management, family office solutions, and product platforms. They deliver centralized financial management for larger clients and partner with financial services to help individuals grow wealth through goal-oriented planning and market analytics. With experienced advisors, they review portfolios and adapt to market trends, serving trusted clients with personalized strategies.
- Headquarters Mumbai, India
- SectorsFinancial Services
- Email••••••••
- Website trufid.com
- Social LinkedIn YouTube
- Legal Name Trufid Services Private Limited
- Date of Incorporation 28 Nov, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹8.51 Cr
FY 2025 · +31% YoY
- Net Profit₹3.1 Lakh
FY 2025 · 0% margin
- EBITDA₹21.7 Lakh
FY 2025 · 3% margin
Associated legal entities of Trufid
Trufid operates through Trufid Services 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 |
|---|---|---|---|---|---|---|---|
| Trufid Services Private Limited CIN U74999MH2017PTC302257 | Active | 28 Nov 2017 | Mumbai, Maharashtra | ₹8.5 Cr | – | 6 | View details |
Products & Services of Trufid
Trufid offers a comprehensive portfolio of products and services, including Wealth Management, Family Office, and Product Platform.
Service for managing and growing client wealth through planning and analytics.
Centralized management for larger clients' financial needs and investments.
Platform linking multiple financial services for client solutions and access.
Apps and channels of Trufid
its YouTube channel Gaurav Singhvi has 410 subscribers and 11 videos.
Videos from Trufid
The most watched videos on Trufid's YouTube channel, Gaurav Singhvi (410 subscribers). Click a video to play it here.
More on Gaurav Singhvi.
Board of directors of Trufid Services Private Limited (Trufid)
Trufid Services Private Limited is the primary company behind Trufid. The board of Trufid Services Private Limited currently have 6 directors; the longest-serving is Tanveer Monga, appointed in 2017. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tanveer Monga DIN 07992817 | Director | 28 Nov 2017 | 8 yrs 10 mo | Trufid Services Private Limited |
| Abhishek Singhvi DIN 07972535 | Director | 22 Dec 2017 | 8 yrs 9 mo | Trufid Services Private Limited |
| Rakhi Singhvi DIN 07992835 | Director | 02 Apr 2018 | 8 yrs 6 mo | Trufid Services Private Limited |
| Shreenivas Damodar Hegde DIN 08334165 | Director | 21 Jan 2019 | 7 yrs 8 mo | Trufid Services Private Limited |
| Gaurav Singhvi DIN 08338346 | Director | 21 Jan 2019 | 7 yrs 8 mo | Trufid Services Private Limited |
| Makarand Shrikant Khandekar DIN 08488150 | Director | 21 Jun 2019 | 7 yrs 4 mo | Trufid Services Private Limited |
Financials of Trufid
Figures of Trufid Services Private Limited, the primary company behind Trufid, for FY 2025. Revenue was ₹8.51 Cr (+31% year on year). Net profit was ₹3.1 Lakh (0% margin). EBITDA was ₹21.7 Lakh (3% margin). Revenue has grown at a compounded annual rate of +25% over three years and +34% over five years.
- ₹8.51 CrRevenue · FY 2025 · +31% YoY
- ₹3.1 LakhNet profit · 0% margin
- ₹21.7 LakhEBITDA · 3% margin
- ₹10,000Paid-up capital
- +25%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Trufid Services Private Limited are on its company page.
Detailed financial statements for Trufid
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 Trufid
Trufid has 10 listed similar companies in our database, 4 of them funded. They include Fidelity Investments, UTI Mutual Fund, S&P Global, Bank of America and FIS, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fidelity.com | 1946 | Boston, United States | $517.99M | 24,000 | Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | |
| utimf.com | 2001 | Mumbai, India | $142.4M | 1,468 | Mutual funds, portfolio management, and retirement planning services are offered. | |
| spglobal.com | 1917 | New York, United States | $8M | 5,000 | Platform offering business intelligence solutions that combine data and actionable analytics for clients | |
| bankofamerica.com | 1904 | Charlotte, United States | – | 208,000 | Commercial banking and asset management services are offered worldwide. | |
| fisglobal.com | 1968 | Jacksonville, United States | – | 22,604 | Software suites for banks and financial institutions are provided. | |
| statestreet.com | 1792 | Boston, United States | – | 46,000 | Financial services are provided to asset managers worldwide. | |
| 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. | |
| sundaramfinance.in | 1954 | Chennai, India | – | 8,285 | Provider of consumer & SME loans and equipment & vehicle leasing services | |
| goldmansachs.com | 1869 | New York, United States | – | 333 | Investment banking services are delivered across multiple financial sectors. |
Detailed similar companies of Trufid
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Investment & Wealth Tech
10 companies that operate in the same segment as Trufid (Investment & Wealth Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based website builder tool | 2003 | New York, New York, United States | USD 591.5 M | USD 16.79 M | 2,161 | |
Provider of consulting, managed services, and technology solutions for financial services | 2010 | London, England, United Kingdom | USD 90.15 M | – | – | |
Alternative investment platform for startups and investors is operated. | 2010 | San Francisco, California, United States | USD 100 M | – | 523 | |
Web3 infrastructure solutions are offered via a blockchain platform. | 2021 | Palo Alto, California, United States | USD 336 M | – | 186 | |
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | – | – | |
Investment consultant for future & options and commodities | 1987 | Kochi, Kerala, India | – | USD 71.52 M | 2,690 | |
Developer of a platforms offering credit score checks | 2021 | Jakarta, Jakarta, Indonesia | USD 12.4 M | – | – | |
AI-enabled financial planning and advisory solutions are provided for individuals. | 2018 | New York, New York, United States | USD 222.01 M | – | – | |
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | Redwood City, California, United States | – | USD 691.23 K | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Trufid
Trufid was founded in 2017.
Trufid is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Trufid, Trufid Services Private Limited, reported revenue of ₹8.51 Cr for FY 2025, up 31% year on year.
Trufid Services Pvt. Ltd. is a financial advisory firm based in Mumbai, India, specializing in wealth management, family office solutions, and product platforms. They deliver centralized financial management for larger clients and partner with financial services to help individuals grow wealth through goal-oriented planning and market analytics. With experienced advisors, they review portfolios and adapt to market trends, serving trusted clients with personalized strategies.
Trufid's top competitors include Fidelity Investments, UTI Mutual Fund and Goldman Sachs.
Trufid offers Wealth Management, Family Office, and Product Platform.
Trufid operates through Trufid Services Private Limited.
The legal entities of Trufid currently have 6 directors, including Rakhi Singhvi, Tanveer Monga, Shreenivas Damodar Hegde and others.