About WealthTree
WealthTree is a Financial Services company based in Mumbai (India) founded in 2006. Automotive design and engineering services are provided to OEMs. WealthTree has raised $1 million across 1 funding round from investors including Monik Sameer Koticha, Srinivasav Venkataram and Deepak Narayan. The company has 31 employees. WealthTree was last valued at $2.96 million in April 2015. Its Indian entity Practus Advisors Private Limited reported revenue of ₹42.69 Cr. Its focus areas include Investment Industry and Investment Consultants.
Company details
WealthTree was founded in 2006 and is based in Mumbai, India. Automotive design and engineering services are offered across areas such as interior and exterior systems, body and chassis engineering, EV and electrical systems, connected car technologies, and manufacturing engineering. Homologation, certification support, and recruitment services are also provided to the sector. Complex vehicle programs are delivered in collaboration with original equipment manufacturers.
- Headquarters Mumbai, India
- Employees 31
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website wealthtree.in
- Social LinkedIn X Facebook
- Legal Name Practus Advisors Private Limited
- Date of Incorporation 28 Apr, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹42.69 Cr
FY 2025 · -6% YoY
- Net Loss-₹1.97 Cr
FY 2025 · -5% margin
- EBITDA-₹1.44 Cr
FY 2025 · -3% margin
- Total Equity Funding$1M (USD)
in 1 rounds
- Latest Funding Round$1M (USD), Seed
Apr 2015
- Employee Count31
Associated legal entities of WealthTree
WealthTree operates through Practus Advisors 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 |
|---|---|---|---|---|---|---|---|
| Practus Advisors Private Limited CIN U74110MH2007PTC170400 | Active | 28 Apr 2007 | Mumbai, Maharashtra | ₹42.7 Cr | 31 | 3 | View details |
Funding Insights of WealthTree
WealthTree has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in April 2015. 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 $1M
- Total Rounds 1
- Last Round Seed — $1M
- First Round $1M
(Apr 2015)
- Investors Count 3
All 1 funding rounds of WealthTree with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2015 | $1M | Seed | $2.96M | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2015 | $2.96M | •••••••• |
Last known valuation $2.96M (Apr 2015). 3 investors in total: 0 institutional and 3 angel.
Investors in WealthTree
WealthTree has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Monik Sameer Koticha, Srinivasav Venkataram and Deepak Narayan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MS Monik Sameer Koticha | unknown_b034db0b4d204539a | |||
SV Srinivasav Venkataram | Angel investor and tech entrepreneur, co-founder of Illumio, active in startups | unknown_fcc51c2c350f40f4a | ||
DN Deepak Narayan | unknown_3e1c9c565cd3439a9 |
Investor details for WealthTree
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Practus Advisors Private Limited (WealthTree)
Practus Advisors Private Limited is the primary company behind WealthTree. The board of Practus Advisors Private Limited currently have 3 directors; the longest-serving is Srinivasan Venkataraman, appointed in 2007. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srinivasan Venkataraman DIN 01132306 | Director | 28 Apr 2007 | 19 yrs 6 mo | Practus Advisors Private Limited |
| Deepak Narayanan DIN 06954175 | Director | 20 May 2015 | 11 yrs 5 mo | Practus Advisors Private Limited |
| Monik Sameer Koticha DIN 01208653 | Director | 01 Jul 2015 | 11 yrs 3 mo | Practus Advisors Private Limited |
People of WealthTree
12 people are tracked at WealthTree (8 in leadership, 4 in team); the tracked headcount is 31.
| Name | Role | Group |
|---|---|---|
| Director | Leadership | |
Varun Shankarnarayan | Engagement Leader | Assistant Vice President - Client Succes | Leadership |
Sachin Pai | CFO - Head Of Finance | Leadership |
Yashwin Pamecha | Vice President Client Solutions | Leadership |
| Founder & CEO | Leadership | |
Graham Kitching | EVP & Head of Business Development, North America | Leadership |
ateet mathur | Director of Business Development | Leadership |
Aditi Nair | Chief People Officer | Leadership |
Amit Balani | Finance Manager | Team |
Subhashish Chakraborty | Manager - Business Development | Team |
Kalindi Maheshwari | People Partnering | Team |
Ca Fenil Bhimani | Senior Manager | Team |
Complete people profiles for WealthTree
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of WealthTree
Figures of Practus Advisors Private Limited, the primary company behind WealthTree, for FY 2025. Revenue was ₹42.69 Cr (-6% year on year). Net loss was -₹1.97 Cr (-5% margin). EBITDA was -₹1.44 Cr (-3% margin). Revenue has grown at a compounded annual rate of +11% over three years and +12% over five years.
- ₹42.69 CrRevenue · FY 2025 · -6% YoY
- -₹1.97 CrNet loss · -5% margin
- -₹1.44 CrEBITDA · -3% margin
- ₹15 LakhPaid-up capital
- 31Employees (provident fund records)
- +11%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Practus Advisors Private Limited are on its company page.
Detailed financial statements for WealthTree
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.
Timeline of WealthTree
3 dated milestones of WealthTree across 9 years, from founding to its latest funding, stage changes and deals.
- Founded WealthTree is founded.
- Funding First funding round of $1.0M.
- Milestone Reaches Minicorn status.
Top companies in Investment & Wealth Tech
3 companies that operate in the same segment as WealthTree (Investment & Wealth Tech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 consultant for future & options and commodities | 1987 | Kochi, Kerala, India | USD 71.52 M | 2,690 | ||
Technology-led financial products and infrastructure services are provided for consumers. | 2021 | Mumbai, Maharashtra, India | USD 145.66 M | USD 1.98 M | 376 |
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Frequently Asked Questions about WealthTree
WealthTree was founded in 2006 and raised its 1st funding round 9 years after it was founded.
WealthTree is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
WealthTree is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Apr 2015.
WealthTree has 31 employees.
The primary company behind WealthTree, Practus Advisors Private Limited, reported revenue of ₹42.69 Cr for FY 2025, down 6% year on year.
WealthTree was founded in 2006 and is based in Mumbai, India. Automotive design and engineering services are offered across areas such as interior and exterior systems, body and chassis engineering, EV and electrical systems, connected car technologies, and manufacturing engineering. Homologation, certification support, and recruitment services are also provided to the sector. Complex vehicle programs are delivered in collaboration with original equipment manufacturers.
WealthTree has 3 investors. Key investors include Monik Sameer Koticha, Srinivasav Venkataram, and Deepak Narayan.
The valuation of WealthTree is $2.96M as of Apr 2015.
WealthTree operates through Practus Advisors Private Limited.
The legal entities of WealthTree currently have 3 directors, including Deepak Narayanan, Monik Sameer Koticha, Srinivasan Venkataraman.