About Wealth Direct
Wealth Direct is a Financial Services company based in India. It offers wealth management services, including portfolio advisory and planning. It operates on a B2C model. Its Indian entity Wealthdirect Mutual Fund Distributor Private Limited reported revenue of ₹2.92 Cr. Its focus areas include Wealth Management, Advisory Services and Portfolio Planning.
Company details
Wealth Direct offers wealth management services, including portfolio advisory and planning, focusing on offering financial products and advice, managing wealth portfolios, providing advisory services, and portfolio planning. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters India
- SectorsFinancial Services
- Website wealthdirect.in
- Social X Facebook Instagram YouTube
- Legal Name Wealthdirect Mutual Fund Distributor Private Limited
- Date of Incorporation 22 Nov, 2011
- Jurisdiction Delhi, India
- Annual Revenue₹2.92 Cr
FY 2024 · +34% YoY
- Net Profit₹21.9 Lakh
FY 2024 · 7% margin
- EBITDA₹39.9 Lakh
FY 2024 · 14% margin
Associated legal entities of Wealth Direct
Wealth Direct operates through Wealthdirect Mutual Fund Distributor 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 |
|---|---|---|---|---|---|---|---|
| Wealthdirect Mutual Fund Distributor Private Limited CIN U74140DL2011PTC227733 | Active | 22 Nov 2011 | Delhi, Delhi | ₹2.9 Cr | 3 | View details |
Apps and channels of Wealth Direct
Wealth Direct publishes 2 mobile apps with over 1K+ downloads; its YouTube channel Wealthdirect has 976 subscribers and 30 videos.
Videos from Wealth Direct
The most watched videos on Wealth Direct's YouTube channel, Wealthdirect (976 subscribers). Click a video to play it here.
More on Wealthdirect.
Board of directors of Wealthdirect Mutual Fund Distributor Private Limited (Wealth Direct)
Wealthdirect Mutual Fund Distributor Private Limited is the primary company behind Wealth Direct. The board of Wealthdirect Mutual Fund Distributor Private Limited currently have 3 directors; the longest-serving is Shekhar, appointed in 2011.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shekhar DIN 05104031 | Director | 22 Nov 2011 | 14 yrs 11 mo | Wealthdirect Mutual Fund Distributor Private Limited |
| Vipin Bhutani DIN 05104065 | Director | 22 Nov 2011 | 14 yrs 11 mo | Wealthdirect Mutual Fund Distributor Private Limited |
| Shashank Rai DIN 08970462 | Director | 12 Jan 2024 | 2 yrs 9 mo | Wealthdirect Mutual Fund Distributor Private Limited |
Financials of Wealth Direct
Figures of Wealthdirect Mutual Fund Distributor Private Limited, the primary company behind Wealth Direct, for FY 2024. Revenue was ₹2.92 Cr (+34% year on year). Net profit was ₹21.9 Lakh (7% margin). EBITDA was ₹39.9 Lakh (14% margin). Revenue has grown at a compounded annual rate of +37% over three years and +25% over five years.
- ₹2.92 CrRevenue · FY 2024 · +34% YoY
- ₹21.9 LakhNet profit · 7% margin
- ₹39.9 LakhEBITDA · 14% margin
- ₹1 LakhPaid-up capital
- +37%Revenue CAGR, 3 years
- +25%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wealthdirect Mutual Fund Distributor Private Limited are on its company page.
Detailed financial statements for Wealth Direct
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.
Top companies in Asset Management
3 companies that operate in the same segment as Wealth Direct (Asset Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | ||||
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Online platform for stock trading, mutual funds, and investment tools. | 1994 | Mumbai, Maharashtra, India |
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 Wealth Direct
Wealth Direct is headquartered in India.
The primary company behind Wealth Direct, Wealthdirect Mutual Fund Distributor Private Limited, reported revenue of ₹2.92 Cr for FY 2024, up 34% year on year.
Wealth Direct offers wealth management services, including portfolio advisory and planning, focusing on offering financial products and advice, managing wealth portfolios, providing advisory services, and portfolio planning. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Wealth Direct operates through Wealthdirect Mutual Fund Distributor Private Limited.
The legal entities of Wealth Direct currently have 3 directors, including Shekhar, Shashank Rai, Vipin Bhutani.
Yes. Wealth Direct publishes WealthDirect and 1 more app, with over 1,000 downloads.