About WealthTrust
WealthTrust is a company based in Mumbai (India) founded in 2015 by Jasmin Gohil and Nisarg Gandhi was acquired by Orowealth in January 2019. It operates as a B2C. WealthTrust has raised $646.98 thousand across 2 funding rounds from investors including LetsVenture, Orowealth and India Quotient. WealthTrust has completed 1 acquisition, including Evensky&Katz/Foldes. WealthTrust operates in a competitive market with competitors including Scripbox, FundsIndia, Kuvera, AssetPlus and Bandhan Mutual Fund, among others.
- Headquarter Mumbai, India
- Founders Jasmin Gohil, Nisarg Gandhi
- Stage Minicorn
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
- Legal Name Evolusolve Technologies Private Limited
- Date of Incorporation 21 Sep, 2015
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$2 K (USD)-97.77as on Mar 31, 2020
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Net Profit
-$15.73 K (USD)88.78as on Mar 31, 2020
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EBITDA
-$17.73 K (USD)87.81as on Mar 31, 2020
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Total Equity Funding
$646.98 K (USD)
in 2 rounds
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Latest Funding Round
$267.36 K (USD), Seed
Jan 13, 2018
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Investors
LetsVenture
& 16 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Orowealth
(Jan 08, 2019)
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Funding Insights of WealthTrust
WealthTrust has successfully raised a total of $646.98K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $267.36 thousand completed in January 2018. 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.
Investors in WealthTrust
WealthTrust has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include LetsVenture, Orowealth and India Quotient.
| Investor | Description | Founded Year | Domain | Location |
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Investment in Indian startups across technology and fintech sectors.
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Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
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Investor details for WealthTrust
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Investments & Acquisitions by WealthTrust
WealthTrust has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Evensky&Katz/Foldes.
Investment portfolio details for WealthTrust
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- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Financial services are provided by the firm to clients.
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Complete acquisition details for WealthTrust
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - WealthTrust
Detailed financials for WealthTrust
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Wealthtrust Comparisons
Peer comparison for WealthTrust
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of WealthTrust
WealthTrust 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 Scripbox, FundsIndia, Kuvera, AssetPlus and Bandhan Mutual Fund, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Platform offering mutual fund investments, financial planning, and wealth growth services
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Online investment platform for mutual funds and other financial products
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Mutual fund portfolios are created via an app-based investment platform.
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Mutual fund investments are enabled via advisor-assisted diversified plans.
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Online platform for investing in mutual funds
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Online platform for mutual funds, stock broking, and other investment services.
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Detailed competitors of WealthTrust
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Wealthtrust
Complete news archive for WealthTrust
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Frequently Asked Questions about WealthTrust
WealthTrust was founded in 2015 and raised its 1st funding round 1 year after it was founded.
WealthTrust is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
WealthTrust is a funded company, having raised a total of $646.98K across 2 funding rounds to date.
Annual revenue of WealthTrust is $2K as on Mar 31, 2020.
WealthTrust a zero-commission wealth management app for users, focusing on finance, managing wealth portfolios, investment apps, and zero commission services. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
WealthTrust's top competitors include Scripbox, FundsIndia and AssetPlus.
WealthTrust has made 1 acquisition, including Evensky&Katz/Foldes.
WealthTrust has 17 investors. Key investors include LetsVenture, Orowealth, India Quotient, Nimesh Kampani, and Badri Sanjeevi.
The valuation of WealthTrust is $2.36M as of Jan 2018.