Wealthy Key Metrics
Total Funding
$16.1M
in 7 rounds
Latest Funding Round
$5.4M
Series A, May 30, 2024
Post Money Valuation
$31.4M
as on Nov 30, 2023
Investors
Venture Highway
& 63 more
Ranked
3rd
among 331 active competitors
Annual Revenue
₹11.8Cr ($1.47M)
as on Mar 31, 2023
Employee Count
170
as on Jul 31, 2024
Similar Companies
Dezerv
& 1635 more
Wealthy - About the company
What does Wealthy do?
App-based wealth management solution provider for individuals. It offers tools for investing and managing portfolios, tracking the performance of investments, and developing financial goals. It provides solutions for accessing insights, trends, news updates, risk management, and compliance solutions. It offers a family account to track all users and family investments. It also offers multiple products like fixed deposits, pre-IPO stocks, insurance, and more. It allows users to invest in stocks, mutual funds, pre-IPOs, ETFs, FDs, bonds and more. It is available on iOS and Android platforms.
Which sectors and market segments does Wealthy operate in?
- Wealthy serves in the B2C space in the FinTech market segments.
- The primary business model of Wealthy is:FinTech > Investment Tech > ***** **** > ***** ******
Company Details
- Website: www.wealthy.in
- Social:
- Email ID: *****@wealthy.in
- Phone Number: +91 **********
Which legal entities is Wealthy associated with?
Wealthy
is associated with
3
legal entit
ies
given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
WEALTHYIN BROKING PRIVATE LIMITED | Mar 28, 2022 | - | - | 932 |
WEALTHYIN CUSTOMER SERVICES PRIVATE LIMITED | Oct 15, 2015 | $244K (as on Mar 31, 2022) | $5.3K (as on Mar 31, 2022) | 408 |
BUILDWEALTH TECHNOLOGIES PRIVATE LIMITED | Aug 18, 2015 | $1.47M (as on Mar 31, 2023) | -$2.97M (as on Mar 31, 2023) | 919 |
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Wealthy's funding and investors
Filter this list
How much funding has Wealthy raised till date?
Wealthy has raised a total funding of $16.1M over 7 rounds. Its first funding round was on Nov 20, 2015.
What are the most recent funding rounds of Wealthy?
Its latest funding round was a Series A round on May 30, 2024 for $5.4M. 3 investors participated in its latest round, lead by Alpha Wave Global.
List of recent funding rounds of Wealthy
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
May 30, 2024 | $5.4M | Series A | 7688631 | 1741905 | Alpha Wave Global, Savrola Lakshmi Llc, and 1 more |
Nov 30, 2023 | $959K | Series A | 2258426 | 4644240 | Good Capital, Madhur Kala, and 4 more |
Dec 18, 2021 | $7.5M | Series A | 1104565 | 7643800 | Alpha Wave Global, Good Capital, and 6 more |
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What is the current valuation of Wealthy?
Wealthy
is valued at
$31.4M
as per the latest available filings.
Here is
Wealthy
's valuation trend over time:
Date | Valuation |
|---|---|
Nov 23 | $31.4M |
Feb 22 | 745 |
Jan 22 | 891 |
May 19 | 140 |
Mar 19 | 189 |
Jul 17 | 102 |
Aug 16 | 301 |
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Who are Wealthy's investors?
Wealthy has 20 institutional investors including Venture Highway, Good Capital and Alpha Wave Global. Alpha Wave Global is the largest institutional investor in Wealthy. Lara Shankar and 43 others are Angel Investors in Wealthy.
View details of
Wealthy funding rounds and investorsWealthy's founders and board of directors
Founder? Claim ProfileWho are the founders of Wealthy?
The founders of
Wealthy
are
Aditya Agarwal and Prashant Gupta.
Aditya Agarwal
has founded
2
more compan
ies
-
GetSquareFeet and Wishberry.
Who is the current CEO of Wealthy?
Aditya Agarwal
is
the CEO of
Wealthy
.
Who is on the board of Wealthy?
Wealthy
's board has
2
active member
s
.
Aditya Agarwal and Prashant Gupta
are
part of team
.
How many employees does Wealthy have?
Wealthy has 170 employees as of Jul 24. The total employee count is 21.4% more than what it was in Jul 23.
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View details of
Wealthy's Founder profiles and Board MembersWealthy's Competitors and alternates
Who are the competitors of Wealthy?
Top competitor
s
of
Wealthy
include
Dezerv, Niyogin and Equentis Wealth Advisory Services.
Wealthy
ranks
3
rd
among
331 active competitors.
22 of its competitors are funded while 4 have exited.
Overall,
Wealthy
and its competitors have raised over
$217M
in funding across
81
funding rounds involving
783
investors.
There is 1 public and 3 acquired companies in the entire competition set.
Below is a comparison of top competitors of Wealthy
Wealthy | Dezerv | Niyogin | Equentis Wealth Advisory Services | |
|---|---|---|---|---|
Description | App-based wealth management solution provider for individuals | Investment and portfolio management platform | Online lending marketplace for business loans and Agent Based Payments | Investment advisory and research platform |
Founded Year | 2015 | 2021 | 2017 | 2015 |
Location | Bengaluru (India) | Mumbai (India) | Mumbai (India) | Mumbai (India) |
Company Stage | Series A | Series B | Public | Seed |
Unicorn Rating | Minicorn | Minicorn | - | - |
Total Funding | $16.1M | $60M | - | $10.6M |
Funding Rounds | 7 | 3 | 1 | 10 |
Latest Round | Series A, $5.4M, May 30, 2024 | Series B, $32M, Jul 05, 2024 | Post IPO, $36M, May 30, 2017 | Angel, $4.67M, Mar 23, 2024 |
Investor Count | 64 | 50 | 2 | 156 |
Top Investors | Alpha Wave Global, Vy Capital& 62others | Accel, Elevation Capital& 48others | Sabre Capital, Ward Ferry | Lead Angels, Amicorp Group& 154others |
Tracxn ScoreWhat is this? | 66/100 | 73/100 | 65/100 | 58/100 |
Overall Rank | 3rd | 1st | 2nd | 4th |
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Wealthy
's competitors? Click
here to see the top ones
Wealthy's Latest cap tables and shareholding
Who are the current shareholders of Wealthy?
Founders own 36.75%, Funds (largest shareholder) own 44.90%, Enterprises own 3.25% and Angels own 8.06%. The net worth of Wealthy's founders is INR 96.3Cr as of Nov 30, 2023.
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of
Wealthy's ShareholdingWealthy's Investments and acquisitions
Wealthy
has made no investments or acquisitions yet.
Reports related to Wealthy
Here is the latest report on Wealthy's sector:
View
all reports related to WealthyNews related to Wealthy
Media has covered
Wealthy
for 1 event in last 1 year
.
•
Wealthy raises fresh capital from Alpha WaveEntrackr•May 30, 2024•Wealthy
, Alpha Wave Global
•
Indiassetz Inks partnership deal with Wealthysiliconindia•Jan 24, 2023•Indiassetz,
Wealthy
•
WealthTech Platform Wealthy.in Bags $7.5 Million in Series A FundingDIGITAL TERMINAL•Feb 10, 2022•Wealthy
, Alpha Wave, Savrola, Venture Highway and 2 others
•
Wealthy.in raises Rs 56 crore in funding round led by Alpha WaveBusiness Standard•Feb 08, 2022•Wealthy
, Savrola, Venture Highway, Good Capital
•
Wealthy.in raises $1.3 million from Good Capital, EMVCIndiatimes•Oct 23, 2019•Wealthy
, EMVC, Venture Highway, Tracxn Labs and 2 others
•
SmartSpends Rebrands As ETMONEY, Introduces Mutual Fund Transaction ServicesInc42•Sep 27, 2016•Wealthy
, Scripbox, Flipkart
•
Wealthy Wants To Make Saving Tax Via Mutual Funds As Easy As Clicking A SelfieInc42•Jun 08, 2016•Wealthy
, Scripbox, Tauro Wealth
•
Investment portal Wealthy raises $237k angel funding - KnowStartupKnowStartup•Mar 18, 2016•Wealthy
, Lara Shankar, Sudarshan Kumar Dhamija, Shalabh Gupta and 13 others
Get curated news about company updates, funding rounds, M&A deals and others.
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Frequently asked questions about Wealthy
When was Wealthy founded?
Wealthy was founded in 2015.
Where is Wealthy located?
Wealthy
is located in
Bengaluru,
India.
Is Wealthy a funded company?
Wealthy is a funded company, its first funding round was on Nov 20, 2015.
When was the latest funding round of Wealthy?
Wealthy's latest funding round was on May 30, 2024.
How much is Wealthy worth?
The latest valuation of Wealthy is $31.4M as on Nov 30, 2023.
What is the annual revenue of Wealthy?
Annual revenue of Wealthy is $1.47M as on Mar 31, 2023.
Is Wealthy a Investment Tech company?
The primary sector of Wealthy is Investment Tech.
