About Upwardly
Upwardly is a company based in Bengaluru (India) founded in 2016 by Priyanka Gupta and Prateek Mehta was acquired by Scripbox in August 2019.. Upwardly has raised $462.49 thousand across 1 funding round from investors including Scripbox, Sreeram Iyer and Kushal Shah. Upwardly operates in a competitive market with competitors including Scripbox, FundsIndia, Kuvera, AssetPlus and Bandhan Mutual Fund, among others.
- Headquarter Bengaluru, India
- Founders Priyanka Gupta, Prateek Mehta
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
- Legal Name Triskaidekaphillia Solutions Private Limited
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$631.03 (USD)-99.81as on Mar 31, 2021
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Net Profit
$-85.4 K (USD)50.47as on Mar 31, 2021
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EBITDA
$-3.07 K (USD)99.2as on Mar 31, 2021
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Total Equity Funding
$462.49 K (USD)
in 1 rounds
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Latest Funding Round
$462.49 K (USD), Seed
Jul 07, 2017
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Investors
Scripbox
& 23 more
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Employee Count
Employee Count
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Acquired by
Scripbox
(Aug 09, 2019)
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Funding Insights of Upwardly
Upwardly has successfully raised a total of $462.49K through 1 strategic funding round. The most recent funding activity was a Seed round of $462.49 thousand completed in July 2017. 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 1
- Last Round Seed — $462,492
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First Round
First Round
(07 Jul 2017)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Seed - Upwardly | Valuation | Sreeram Iyer , Kushal Shah |
| 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 Upwardly
Upwardly has secured backing from 24 investors, including angel investors. Prominent investors backing the company include Scripbox, Sreeram Iyer and Kushal Shah. 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 |
|---|---|---|---|---|
|
SI
Sreeram Iyer |
-
|
Founded Year | Domain | Location |
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KS
Kushal Shah |
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|
Founded Year | Domain | Location |
|
IB
Inder Bhushan |
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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 Upwardly
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 - Upwardly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Upwardly Comparisons
Competitors of Upwardly
Upwardly 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 Scripbox, FundsIndia, Kuvera, AssetPlus and Bandhan Mutual Fund, 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 |
Platform offering mutual fund investments, financial planning, and wealth growth services
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| domain | founded_year | HQ Location |
Online investment platform for mutual funds and other financial products
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| domain | founded_year | HQ Location |
Mutual fund portfolios are created via an app-based investment platform.
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| domain | founded_year | HQ Location |
Mutual fund investments are enabled via advisor-assisted diversified plans.
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| domain | founded_year | HQ Location |
Online platform for investing in mutual funds
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| domain | founded_year | HQ Location |
Online platform for mutual funds, stock broking, and other investment services.
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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 Upwardly
Frequently Asked Questions about Upwardly
When was Upwardly founded?
Upwardly was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Upwardly located?
Upwardly is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Upwardly?
Atul Shinghal is the current CEO of Upwardly.
Is Upwardly a funded company?
Upwardly is a funded company, having raised a total of $462.49K across 1 funding round to date. The company's 1st funding round was a Seed of $462.49K, raised on Jul 07, 2017.
What is the annual revenue of Upwardly?
Annual revenue of Upwardly is $631.03 as on Mar 31, 2021.
What does Upwardly do?
Upwardly was established in 2016 in Bengaluru, India, as an online platform specializing in mutual fund investments within the fintech sector. Social and financial graphs are provided to consumers for creating and managing financial goals. Rankings for various mutual fund categories are offered, along with alerts, analytical tools, and algorithms to support decisions in buying and selling public market securities.
Who are the top competitors of Upwardly?
Upwardly's top competitors include Scripbox, FundsIndia and AssetPlus.
Who are Upwardly's investors?
Upwardly has 24 investors. Key investors include Scripbox, Sreeram Iyer, Kushal Shah, Inder Bhushan, and Namit Sureka.
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