ZFunds

Gurugram, India Founded: 2019 • Age: 7 yrs
Mutual fund investments are enabled via an online platform.
Annual revenue $659,710 Latest available
Total funding $3.2M 2 rounds
Employees 43 Tracked headcount
Investors 11 Known backers
Products 3 Services tracked
Competitors 6 Brand Intelligence

About ZFunds

ZFunds is a company based in Gurugram (India) founded in 2019 by Vidhi Tuteja and Manish Kothari. ZFunds has raised $3.15 million across 2 funding rounds from investors including Elevation Capital, Yashish Dahiya and Alpha Uno. The company has 43 employees as of March 30, 2024. ZFunds offers products and services including Mutual Funds Platform, SIP Packs, and WhatsApp Expert Service. ZFunds operates in a competitive market with competitors including Dezerv, Wealthy, ASK Group, Neo Wealth and Nivesh, among others.

  • Headquarter Gurugram, India
  • Employees 43 as on 30 Mar, 2024
  • Founders Vidhi Tuteja, Manish Kothari
  • Stage Minicorn
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Zfunds Distribution Private Limited
  • Date of Incorporation 02 May, 2019
  • Jurisdiction Sector -45, Haryana, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $659.71 K (USD)
    111.7
    as on Mar 31, 2023
  • Net Profit
    $42.5 K (USD)
    354.91
    as on Mar 31, 2023
  • EBITDA
    $52.27 K (USD)
    482.85
    as on Mar 31, 2023
  • Total Equity Funding
    $3.15 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.95 M (USD), Seed

    Nov 04, 2024

  • Investors
  • Employee Count
    43

    as on Mar 30, 2024

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Products & Services of ZFunds

ZFunds offers a comprehensive portfolio of products and services, including Mutual Funds Platform, SIP Packs, and WhatsApp Expert Service.

Product name locked
Category locked
Primary

Provides expert advice for mutual fund investments and planning.

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Offers pre-selected funds for systematic investment goals.

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Enables direct expert consultations for investment queries.

Funding Insights of ZFunds

ZFunds has successfully raised a total of $3.15M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.95 million completed in November 2024. 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 ZFunds

ZFunds has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Elevation Capital, Yashish Dahiya and Alpha Uno.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Elevation Capital is focused on early-stage tech investments in India.
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Yashish Dahiya

CEO of PolicyBazaar, prominent angel investor in Indian startups
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Investor details for ZFunds

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by ZFunds

Investments
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Investment portfolio details for ZFunds

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Financial Statements - ZFunds

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Detailed financials for ZFunds

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Zfunds Comparisons

ZFunds Primary company
Description
Mutual fund investments are enabled via an online platform.
Location
Gurugram, India
Founded Year
2019
Annual Revenue
$659.71 K (USD)
Net Profit
$42.5 K (USD)
EBITDA
$52.27 K (USD)
Employees
43
As of 2024
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Peer comparison for ZFunds

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of ZFunds

ZFunds 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, Neo Wealth and Nivesh, among others.

Company Name Domain Founded year HQ Location Description
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Investment solutions and portfolio management are provided for affluent individuals.
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Digital wealth management platform is offered for personalized investments.
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Asset & wealth management platform
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Wealth management, family office services, and investment opportunities are provided.
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Wealth management and financial products are provided online for individuals.
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App-based mutual fund investment platform
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Detailed competitors of ZFunds

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Latest news on Zfunds

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Complete news archive for ZFunds

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Frequently Asked Questions about ZFunds

ZFunds was founded in 2019 and raised its 1st funding round 1 year after it was founded.

ZFunds is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Manish Kothari is the current CEO of ZFunds. They have also founded this company.

ZFunds is a funded company, having raised a total of $3.15M across 2 funding rounds to date.

As of Mar 30, 2024, the latest employee count at ZFunds is 43.

Annual revenue of ZFunds is $659.71K as on Mar 31, 2023.

ZFunds was established in 2019 in Gurugram, India, as an online platform focused on mutual fund investments within the fintech sector. Access to various financial products is provided, along with expert advice, through digital interfaces. Operations are centered on simplifying investment processes for users across India, with services including portfolio management and advisory support tailored to retail investors.

ZFunds's top competitors include Dezerv, Wealthy and ET Money.

ZFunds offers Mutual Funds Platform, SIP Packs, and WhatsApp Expert Service.

ZFunds has 11 investors. Key investors include Elevation Capital, Yashish Dahiya, Alpha Uno, Vikas Bhadoria, and Bipin Bihari.

The valuation of ZFunds is $1.96M as of Nov 2020.

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