WealthMagic

Mumbai, India Founded: 2015 • Age: 11 yrs Acquired By Fintso
Business management platform for financial advisors
Annual revenue $2.9M Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About WealthMagic

WealthMagic is a company based in Mumbai (India) founded in 2015 was acquired by Fintso in November 2021. WealthMagic operates in a competitive market with competitors including KFin Technologies, Optimum Financial Solutions, Wealth Elite, VelocityShares and Fin-Soft Solutions, among others.

  • Headquarter Mumbai, India
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Datacomp Web Technologies (India) Pvt. Ltd.
  • Date of Incorporation 14 Feb, 2000
  • Jurisdiction Goregaon West, Maharashtra, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.87 M (USD)
    -27.36
    as on Mar 31, 2023
  • Net Profit
    $7.87 K (USD)
    -99.42
    as on Mar 31, 2023
  • EBITDA
    $314.96 K (USD)
    -46.68
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Fintso

    (Nov 01, 2021)

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Funding Insights of WealthMagic

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Detailed funding history for WealthMagic

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Investors in WealthMagic

WealthMagic has secured backing from 1 investor. Prominent investors backing the company include Fintso.

All
Investor Description Founded Year Domain Location
Digital wealth tools are provided to empower financial advisors.
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Investor details for WealthMagic

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Investments & Acquisitions by WealthMagic

Investments
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Investment portfolio details for WealthMagic

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Financial Statements - WealthMagic

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Detailed financials for WealthMagic

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Wealthmagic Comparisons

WealthMagic Primary company
Description
Business management platform for financial advisors
Location
Mumbai, India
Founded Year
2015
Annual Revenue
$2.87 M (USD)
Net Profit
$7.87 K (USD)
EBITDA
$314.96 K (USD)
Employees
Not available
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Peer comparison for WealthMagic

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Competitors of WealthMagic

WealthMagic 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 KFin Technologies, Optimum Financial Solutions, Wealth Elite, VelocityShares and Fin-Soft Solutions, among others.

Company Name Domain Founded year HQ Location Description
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Mutual fund investments are enabled via an app-based platform.
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Innovative digital solutions are delivered to the finance sector.
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Provides AI-driven SaaS for mutual fund software, portfolio reporting, and online transactions services.
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Funds-based investment management is provided in the United States.
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Provides software solutions for the mutual fund industry.
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Detailed competitors of WealthMagic

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Latest news on Wealthmagic

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Complete news archive for WealthMagic

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Frequently Asked Questions about WealthMagic

WealthMagic was founded in 2015.

WealthMagic is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

George Mitra is the current CEO of WealthMagic.

Annual revenue of WealthMagic is $2.87M as on Mar 31, 2023.

WealthMagic was established in 2015 in Mumbai, India, as a platform within the fintech sector for financial advisors. Operations focus on enabling the creation of sales presentations and goal-based financial plans. Asset performance is tracked, advice is provided to clients, and portfolios are monitored through integrated tools. A CRM module supports portfolio tracking for customers and correspondence management. The company functions as part of Datacomp.

WealthMagic's top competitors include KFin Technologies, Optimum Financial Solutions and VelocityShares.

WealthMagic has 1 investor. Key investors include Fintso.

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