About Welcon Financials
Welcon Financials is a Financial Services company based in Kolkata (India) founded in 2015 by Indrajit Mukherjee, Phalguni Chakravorty, and Partha Chakraborty. Wealth management and financial planning services are offered to clients. Welcon Financials has raised $13 thousand across 1 funding round from investors including Mandira Roy, Bagala Kanta Ghosh and Bappaditya Ghosh. The company has 29 employees. Welcon Financials was last valued at $2.22 million in July 2018. Its website welfin.in draws about 13 thousand monthly visits. Its Indian entity Welcon Financials Private Limited reported revenue of ₹96.4 Lakh. Welcon Financials offers products and services including Mutual Fund Investments, Life Insurance Planning, Health Insurance Planning, and Tax Planning Services. Its focus areas include Asset Management and Wealth Management.
Company details
Welcon Financials was founded in 2015 in Kolkata, India, operating in the financial services sector. Services provided include mutual fund investments, portfolio management, life and health insurance planning, tax optimization, and risk management. Support is extended for wealth creation through diversified portfolios, legacy planning, KYC registration, and CAN creation. Operations focus on assisting individuals in building and managing finances across various investment needs.
- Headquarters Kolkata, India
- Employees 29
- Founders Indrajit Mukherjee, Phalguni Chakravorty, Partha Chakraborty
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website welfin.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Welcon Financials Private Limited
- Date of Incorporation 24 Aug, 2015
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹96.4 Lakh
FY 2025 · +75% YoY
- Net Profit₹4.5 Lakh
FY 2025 · 5% margin
- EBITDA₹42.5 Lakh
FY 2025 · 44% margin
- Total Equity Funding$13K (USD)
in 1 rounds
- Latest Funding Round$13K (USD), Angel Round
Jul 2018
- Employee Count29
Associated legal entities of Welcon Financials
Welcon Financials is associated with 4 registered companies on The Company Check; the primary company is Welcon Financials Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Welcon Financials Private Limited CIN U74110WB2015PTC207560 | Active | 24 Aug 2015 | Kolkata, West Bengal | ₹1.0 Cr | 29 | 3 | View details |
| Welfin Distribution Llp CIN AAI-6990 | Active | 01 Mar 2017 | Kolkata, West Bengal | 2 | View details | ||
| Welfin Consulting Llp CIN AAL-4988 | Active | 22 Dec 2017 | Kolkata, West Bengal | 2 | View details | ||
| Welfin Insurance Marketing Llp CIN AAG-8984 | Active | 13 Jul 2016 | Kolkata, West Bengal | 2 | View details |
Products & Services of Welcon Financials
Welcon Financials offers a comprehensive portfolio of products and services, including Mutual Fund Investments, Life Insurance Planning, Health Insurance Planning, and Tax Planning Services.
Platform for diversified portfolio creation using equity, debt, and liquid funds.
Tools for wealth generation through ULIPs and guaranteed insurance products.
Strategies to optimize premiums and accumulate wealth via health coverage.
Guidance on portfolio optimization for maximum tax benefits and efficiency.
Apps and channels of Welcon Financials
its YouTube channel WELFIN has 95 subscribers and 30 videos.
Videos from Welcon Financials
The most watched videos on Welcon Financials's YouTube channel, WELFIN (95 subscribers). Click a video to play it here.
More on WELFIN.
Funding Insights of Welcon Financials
Welcon Financials has successfully raised a total of $13K through 1 strategic funding round. The most recent funding activity was a Angel Round of $13 thousand completed in July 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.
- Total Funding $12,997
- Total Rounds 1
- Last Round Angel Round — $12,997
- First Round $12,997
(Jul 2018)
- Investors Count 3
All 1 funding rounds of Welcon Financials 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 |
|---|---|---|---|---|---|
| Jul 2018 | $12,997 | Angel Round | $2.22M | Mandira Roy |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2018 | $2.22M | •••••••• |
Last known valuation $2.22M (Jul 2018). 3 investors in total: 0 institutional and 3 angel.
Investors in Welcon Financials
Welcon Financials has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Mandira Roy, Bagala Kanta Ghosh and Bappaditya Ghosh.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MR Mandira Roy | unknown_4fe4111af57b43b7b | |||
BK Bagala Kanta Ghosh | unknown_5eea4c7949b44db49 | |||
BG Bappaditya Ghosh | unknown_3ccd5464a33c4242a |
Investor details for Welcon Financials
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 Welcon Financials Private Limited (Welcon Financials)
Welcon Financials Private Limited is the primary company behind Welcon Financials. The boards of the 4 registered companies of Welcon Financials currently have 3 directors; the longest-serving is Tapas Chakraborty, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tapas Chakraborty DIN 02860457 | Designated Partner | 13 Jul 2016 | 10 yrs 3 mo | Welfin Insurance Marketing Llp, Welfin Distribution Llp, Welfin Consulting Llp, Welcon Financials Private Limited |
| Indrajit Mukherjee DIN 08050275 | Director | 16 Jan 2018 | 8 yrs 9 mo | Welcon Financials Private Limited |
| Tarak Nath Shaw DIN 01483649 | Designated Partner | 31 Mar 2018 | 8 yrs 7 mo | Welfin Insurance Marketing Llp, Welfin Distribution Llp, Welfin Consulting Llp, Welcon Financials Private Limited |
People of Welcon Financials
4 people are tracked at Welcon Financials (4 in leadership); the tracked headcount is 29.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Phalguni Chakravorty | Co-Founder | Leadership |
Partha Chakraborty | Co-Founder | Leadership |
| Director | Leadership |
Complete people profiles for Welcon Financials
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 Welcon Financials
Figures of Welcon Financials Private Limited, the primary company behind Welcon Financials, for FY 2025. Revenue was ₹96.4 Lakh (+75% year on year). Net profit was ₹4.5 Lakh (5% margin). EBITDA was ₹42.5 Lakh (44% margin). Revenue has grown at a compounded annual rate of -29% over three years and +2% over five years.
- ₹96.4 LakhRevenue · FY 2025 · +75% YoY
- ₹4.5 LakhNet profit · 5% margin
- ₹42.5 LakhEBITDA · 44% margin
- ₹3.39 CrPaid-up capital
- 29Employees (provident fund records)
- -29%Revenue CAGR, 3 years
- +2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Welcon Financials Private Limited are on its company page.
Detailed financial statements for Welcon Financials
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 Welcon Financials
3 dated milestones of Welcon Financials across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Welcon Financials is founded.
- Funding First funding round of $13K.
- Milestone Reaches Minicorn status.
Web traffic of Welcon Financials
The website of Welcon Financials (welfin.in) receives about 12.6K visits a month.
- Monthly visits12.6K
▼ 18.9% vs previous month
Top companies in Asset Management
3 companies that operate in the same segment as Welcon Financials (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 |
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Frequently Asked Questions about Welcon Financials
Welcon Financials was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Welcon Financials is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Welcon Financials is a funded company, having raised a total of $13K across 1 funding round to date. The company's 1st funding round was a Angel Round of $13K, raised on Jul 2018.
Welcon Financials has 29 employees.
The primary company behind Welcon Financials, Welcon Financials Private Limited, reported revenue of ₹96.4 Lakh for FY 2025, up 75% year on year.
Welcon Financials was founded in 2015 in Kolkata, India, operating in the financial services sector. Services provided include mutual fund investments, portfolio management, life and health insurance planning, tax optimization, and risk management. Support is extended for wealth creation through diversified portfolios, legacy planning, KYC registration, and CAN creation. Operations focus on assisting individuals in building and managing finances across various investment needs.
Welcon Financials offers Mutual Fund Investments, Life Insurance Planning, Health Insurance Planning, and Tax Planning Services.
Welcon Financials has 3 investors. Key investors include Mandira Roy, Bagala Kanta Ghosh, and Bappaditya Ghosh.
The valuation of Welcon Financials is $2.22M as of Jul 2018.
Welcon Financials is associated with 4 legal entities: Welcon Financials Private Limited, Welfin Insurance Marketing Llp, Welfin Distribution Llp and others.
The legal entities of Welcon Financials currently have 3 directors, including Tapas Chakraborty, Tarak Nath Shaw, Indrajit Mukherjee.