About Wright Research
Wright Research is a company based in Mumbai (India) founded in 2019 by Sonam Srivastava.. Wright Research has raised $1.09 million across 3 funding rounds from investors including Orios Venture Partners, BRTSIF and Piyush Chaplot. Wright Research operates in a competitive market with competitors including Dezerv, Wealthy, ASK Group, Nivesh and ET Money, among others.
- Headquarter Mumbai, India
- Founders Sonam Srivastava
- Stage Minicorn
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Sectors
Technology
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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 Wryght Research & Capital Private Limited
- Date of Incorporation 13 Nov, 2019
- Jurisdiction Lucknow, Uttar Pradesh, India
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Annual Revenue
$959.71 K (USD)196.31as on Mar 31, 2024
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Net Profit
$103.24 K (USD)172.94as on Mar 31, 2024
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EBITDA
$139.52 K (USD)135.42as on Mar 31, 2024
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Total Equity Funding
$1.09 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
Jul 23, 2022
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Investors
Orios Venture Partners
& 4 more
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Employee Count
Employee Count
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Funding Insights of Wright Research
Wright Research has successfully raised a total of $1.09M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in July 2022. 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 3
- Last Round Seed — $1.0M
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First Round
First Round
(21 Oct 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - Wright Research | Valuation | Orios Venture Partners |
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| May, 2021 | Amount | Seed - Wright Research | Valuation | BRTSIF | |
| Oct, 2020 | Amount | Seed - Wright Research | Valuation | BRTSIF |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wright Research
Wright Research has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Orios Venture Partners, BRTSIF and Piyush Chaplot. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location | |
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Offers comprehensive consulting services for startups.
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Founded Year | Domain | Location | |
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Operates as a capital partner for innovative ventures and investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wright Research
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Wright Research
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wright Research Comparisons
Competitors of Wright Research
Wright Research 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 Dezerv, Wealthy, ASK Group, Nivesh and ET Money, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Investment solutions and portfolio management are provided for affluent individuals.
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| domain | founded_year | HQ Location |
Digital wealth management platform is offered for personalized investments.
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| domain | founded_year | HQ Location |
Asset & wealth management platform
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| domain | founded_year | HQ Location |
Wealth management and financial products are provided online for individuals.
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| domain | founded_year | HQ Location |
App-based mutual fund investment platform
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| domain | founded_year | HQ Location |
Investment advisory and wealth management are offered via an application.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wright Research
Frequently Asked Questions about Wright Research
When was Wright Research founded?
Wright Research was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Wright Research located?
Wright Research is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Wright Research?
Sonam Srivastava is the current CEO of Wright Research. They have also founded this company.
Is Wright Research a funded company?
Wright Research is a funded company, having raised a total of $1.09M across 3 funding rounds to date. The company's 1st funding round was a Seed of $68.08K, raised on Oct 21, 2020.
What is the annual revenue of Wright Research?
Annual revenue of Wright Research is $959.71K as on Mar 31, 2024.
What does Wright Research do?
Wright Research was founded in 2019 and is headquartered in Mumbai, India. Systematic investment products are provided through research, quantitative models, and technology. Solutions for investment management, portfolio construction, and risk mitigation are offered to financial institutions and individual investors. Automated processes for portfolio management are facilitated across the fintech sector.
Who are the top competitors of Wright Research?
Who are Wright Research's investors?
Wright Research has 5 investors. Key investors include Orios Venture Partners, BRTSIF, Piyush Chaplot, Innovation Partners Capital, and Ajat Hukkoo.
What is Wright Research's valuation?
The valuation of Wright Research is $3.66M as of Jul 2022.