About WealthTree
WealthTree is a company based in Mumbai (India) founded in 2006. 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 as of October 19, 2024.
- Headquarter Mumbai, India
- Employees 31 as on 19 Oct, 2024
- 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 Practus Advisors Private Limited
- Date of Incorporation 28 Apr, 2007
- Jurisdiction Bandra, Maharashtra, India
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Annual Revenue
$1.7 M (USD)-55.25as on Mar 31, 2023
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Net Profit
$212.65 K (USD)364.76as on Mar 31, 2023
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EBITDA
$158.25 K (USD)-69.23as on Mar 31, 2023
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Apr 21, 2015
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Investors
& 2 more
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Employee Count
31
as on Oct 19, 2024
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People of WealthTree
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.0M
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First Round
First Round
(21 Apr 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2015 | Amount | Seed - WealthTree | Valuation |
investors |
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 |
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Founded Year | Domain | Location |
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SV
Srinivasav Venkataram |
Angel investor and tech entrepreneur, co-founder of Illumio, active in startups
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Founded Year | Domain | Location |
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DN
Deepak Narayan |
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|
Founded Year | Domain | Location |
Investments & Acquisitions by WealthTree
Financial Statements - WealthTree
Wealthtree Comparisons
Competitors of WealthTree
Latest news on Wealthtree
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 21, 2015.
As of Oct 19, 2024, the latest employee count at WealthTree is 31.
Annual revenue of WealthTree is $1.7M as on Mar 31, 2023.
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.