# Cube Consumer Services Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cube-consumer-services-pvt

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.bankoncube.com
- Total disclosed funding: $4M
- Latest round: Series A (Oct 22, 2018)
- Investors on record: 5

## About

Cube Consumer Services Pvt Ltd is an innovative financial advisory platform based in Mumbai, India, dedicated to assisting individuals in managing their investments effectively through tailored insights and recommendations.Founded in 2016 by Satyen Kothari, Cube Consumer Services Pvt Ltd operates primarily in Mumbai, India. The company specializes in investment advisory services aimed at helping clients build and manage their portfolios. In October 2018, Cube raised INR 140 million in Series A funding from investors including 500 Global, Asuka Holdings Inc., and BEENEXT. This funding round brought the total amount raised to INR 140 million. The firm has completed two deals to date.Cube Wealth offers a comprehensive financial advisory platform that assists Indian professionals in managing their investment portfolios. Launched in 2018, it provides tailored investment strategies and insights based on individual risk profiles and financial goals. The platform enables access to various asset types, including mutual funds and peer-to-peer lending, through an easy-to-use mobile application, catering primarily to progressive professionals in India.In 2023, Cube Wealth reported a revenue of INR 225,441.6 with EBITDA amounting to INR 16,165.5. The company generates revenue through its fee-based investment advisory services, where clients may pay for premium access to investment recommendations and personalized strategies.Looking ahead, Cube Consumer Services Pvt Ltd plans to leverage the funding from its recent INR 140 million Series A round to expand its offerings and develop new products. The company aims to enhance its platform with additional features to provide more comprehensive financial advice by 2024. Furthermore, it has identified growth opportunities in international markets and will focus on expanding its reach beyond India to cater to a broader audience, aligning with its strategic goals.

## Funding rounds

- Series A, Oct 22, 2018, $1.9M — 500 Global, BEENEXT, Asuka Holdings Inc.
- Series A, Sep 1, 2016, $2.1M — 500 Startups, BEENEXT, Zephyr Trading Srl

## Investors

- 500 Startups — Series A
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Series A
- Zephyr Trading Srl — Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Series A
- Asuka Holdings Inc. — Series A