Winvesta

Mumbai, India Founded: 2019 • Age: 7 yrs
A cross-border payments and investing platform is provided by Winvesta.
Annual revenue $499,064 Latest available
Total funding $2.8M 8 rounds
Employees 12 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Winvesta

Winvesta is a company based in Mumbai (India) founded in 2019 by Swastik Nigam. Winvesta has raised $2.81 million across 8 funding rounds from investors including Speciale Invest, Blume Ventures and Kunal Shah. The company has 12 employees as of March 30, 2024. Winvesta offers products and services including Multi-Currency Account and Payment Links. Winvesta operates in a competitive market with competitors including Skydo, PingPong, InstaReM, XFlow and PayGlocal, among others.

  • Headquarter Mumbai, India
  • Employees 12 as on 30 Mar, 2024
  • Founders Swastik Nigam
  • Stage Minicorn
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Winvesta India Technologies Private Limited
  • Date of Incorporation 01 Aug, 2019
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $499.06 K (USD)
    -2.67
    as on Mar 31, 2023
  • Net Profit
    -$184.79 K (USD)
    -477.81
    as on Mar 31, 2023
  • EBITDA
    -$183.05 K (USD)
    -359.99
    as on Mar 31, 2023
  • Total Equity Funding
    $2.81 M (USD)

    in 8 rounds

  • Latest Funding Round
    $22.39 K (USD), Seed

    Nov 29, 2023

  • Investors
  • Employee Count
    12

    as on Mar 30, 2024

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Products & Services of Winvesta

Winvesta offers a comprehensive portfolio of products and services, including Multi-Currency Account and Payment Links.

Product name locked
Category locked
Primary

Account for receiving international payments with low fees

Product name locked
Category locked
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Tool to facilitate global client payments securely

People of Winvesta

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Swastik Nigam
Founder & CEO
People
Pardeep Aulakh
Technology Lead

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Funding Insights of Winvesta

Winvesta has successfully raised a total of $2.81M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $22.39 thousand completed in November 2023. 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 Winvesta

Winvesta has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Speciale Invest, Blume Ventures and Kunal Shah.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Investing in deep tech startups with a focus on early-stage innovations in technology and engineering.
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Seed and early-stage investments are made across sectors in India.
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Kunal Shah

Founder of CRED, serial entrepreneur, and prominent Indian angel investor
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Investor details for Winvesta

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Investments & Acquisitions by Winvesta

Investments
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Investment portfolio details for Winvesta

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Financial Statements - Winvesta

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Detailed financials for Winvesta

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  • Profit trends
  • Statement rows
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Winvesta Comparisons

Winvesta Primary company
Description
A cross-border payments and investing platform is provided b...
Location
Mumbai, India
Founded Year
2019
Annual Revenue
$499.06 K (USD)
Net Profit
-$184.79 K (USD)
EBITDA
-$183.05 K (USD)
Employees
12
As of 2024
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Peer comparison for Winvesta

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Competitors of Winvesta

Winvesta 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 Skydo, PingPong, InstaReM, XFlow and PayGlocal, among others.

Company Name Domain Founded year HQ Location Description
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International payments are enabled for businesses through a digital platform.
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Cross-border business payments are managed via an online platform.
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Cross-border money transfers are facilitated for individuals and businesses.
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Cross-border payment solutions are provided for businesses.
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Multi-currency accounts and payment solutions are offered for global businesses.
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Financial technology and payment processing solutions are provided by Equiniti.
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Detailed competitors of Winvesta

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Latest news on Winvesta

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Complete news archive for Winvesta

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Frequently Asked Questions about Winvesta

Winvesta was founded in 2019.

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

Swastik Nigam is the current CEO of Winvesta. They have also founded this company.

Winvesta is a funded company, having raised a total of $2.81M across 8 funding rounds to date.

As of Mar 30, 2024, the latest employee count at Winvesta is 12.

Annual revenue of Winvesta is $499.06K as on Mar 31, 2023.

Winvesta was founded in 2019 in Mumbai, India, as a fintech company. Cross-border payments and an investing platform are operated, with cost-effective banking solutions integrated alongside customer service. Global payments are collected by users at foreign exchange markup rates. Operations emphasize financial inclusivity across borders, where international transactions are facilitated for efficiency and accessibility in the sector.

Winvesta's top competitors include Skydo, InstaReM and XFlow.

Winvesta offers Multi-Currency Account and Payment Links.

Winvesta has 3 investors. Key investors include Speciale Invest, Blume Ventures, and Kunal Shah.

The valuation of Winvesta is $16.69M as of Nov 2023.

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