About Volt Money
Volt Money is a company based in Bengaluru (India) founded in 2022 by Ankit Agarwal, Bharat Lamba, and Lalit Bihani was acquired by DSP Mutual Fund in March 2025. It operates as a FinTech, and Pay-per-Use / Usage-Based. Volt Money has raised $2.96 million across 2 funding rounds from investors including Angel List, Raise Holding and DSP Mutual Fund. Volt Money offers products and services including Loan Against Mutual Funds and Loan Against Stocks. Volt Money operates in a competitive market with competitors including Yenmo, QuickLend, Abhiloans, 50Fin and Neoble, among others.
- Headquarter Bengaluru, India
- Founders Ankit Agarwal, Bharat Lamba, Lalit Bihani
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Salter Technologies Private Limited
- Date of Incorporation 07 Mar, 2022
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2023
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Net Profit
$-154.39 K (USD)0as on Mar 31, 2023
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EBITDA
$-151.28 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$2.96 M (USD)
in 2 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Jun 20, 2023
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Investors
Angel List
& 32 more
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Employee Count
Employee Count
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Acquired by
DSP Mutual Fund
(Mar 10, 2025)
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Products & Services of Volt Money
Volt Money offers a comprehensive portfolio of products and services, including Loan Against Mutual Funds and Loan Against Stocks. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loans are provided against mutual fund investments.
Loans are offered against stock holdings securely.
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Funding Insights of Volt Money
Volt Money has successfully raised a total of $2.96M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in June 2023. 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 2
- Last Round Seed — $1.5M
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First Round
First Round
(19 Oct 2022)
- Investors Count 33
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - Volt Money | Valuation | Titan Capital , All In Capital | |
| Oct, 2022 | Amount | Seed - Volt Money | Valuation | Raise , All In Capital |
| 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 Volt Money
Volt Money has secured backing from 33 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Raise Holding and DSP Mutual Fund. 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 |
|---|---|---|---|---|
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Investments are made in early-stage companies by Titan Capital.
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Founded Year | Domain | Location | |
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Venture capital investments and community support for Indian startups.
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Founded Year | Domain | Location | |
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Venture capital firm backing startups in Fintech and Consumer Tech sectors.
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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 Volt Money
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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 - Volt Money
| 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 |
Volt Money Comparisons
Competitors of Volt Money
Volt Money 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 Yenmo, QuickLend, Abhiloans, 50Fin and Neoble, 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 |
Provider of loans against mutual funds for financial applications
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| domain | founded_year | HQ Location |
Lending solutions against mutual funds are provided for borrowers.
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| domain | founded_year | HQ Location |
Investment securities-based loans are provided via an online platform.
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| domain | founded_year | HQ Location |
Loans against investment securities like stocks and bonds are provided.
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| domain | founded_year | HQ Location |
Provider of digital lending platform for financial applications
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| domain | founded_year | HQ Location |
Operates a solar energy marketplace connecting customers, financers, and manufacturers.
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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 Volt Money
Frequently Asked Questions about Volt Money
When was Volt Money founded?
Volt Money was founded in 2022.
Where is Volt Money located?
Volt Money is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Volt Money?
Lalit Bihani is the current CEO of Volt Money. They have also founded this company.
Is Volt Money a funded company?
Volt Money is a funded company, having raised a total of $2.96M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.46M, raised on Oct 19, 2022.
What does Volt Money do?
Volt Money is involved in offering financial solutions through loans against mutual funds and stocks. The company operates in the consumer finance sector, providing instant credit lines with digital processes. Services are designed for flexibility, allowing withdrawals and repayments as per user needs. Security and convenience are ensured through paperless transactions and integrations with trusted partners. Loans cater to various personal expenses like travel, medical emergencies, and balance transfers.
Who are the top competitors of Volt Money?
What products or services does Volt Money offer?
Volt Money offers Loan Against Mutual Funds and Loan Against Stocks.
Who are Volt Money's investors?
Volt Money has 33 investors. Key investors include Angel List, Raise Holding, DSP Mutual Fund, All In Capital, and Gemba Capital.
What is Volt Money's valuation?
The valuation of Volt Money is $11.11M as of Oct 2022.
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