# Finzoom Investment Advisors Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/finzoom-investment-advisors-private

- Industry: Financial Services
- Headquarters: Gurugram, India
- Website: www.indwealth.in/
- Total disclosed funding: $155M
- Latest round: Series D (Jan 21, 2022)
- Investors on record: 6

## About

Finzoom Investment Advisors Private Limited is a financial technology firm specializing in wealth management and investment solutions that empower individual investors to optimize their financial planning and investment strategies.Founded in 2018 in Gurugram, India, Finzoom Investment Advisors Private Limited operates as a financial technology company focused on providing digital wealth management solutions. The company was co-founded by Amrita Sirohia, Ashish Kashyap, Dhruv Pathak, and Sheshank Bikal, with Ashish Kashyap serving as the CEO. The firm has successfully completed six investment deals, with the most recent transaction occurring on March 21, 2022, when it raised INR 803.98 million in a Series D funding round led by Sixteenth Street Capital, bringing the total amount raised to INR 803.98 million with a current valuation of INR 52,898.91 million.Finzoom offers a comprehensive suite of financial technology services aimed at simplifying wealth management and investment processes for its users. Its core product is a digital wealth management platform that enables individual investors to manage their investment portfolios, track asset performance, and optimize financial planning strategies. The platform addresses common investor challenges, providing transparency, efficient investment tracking, and personalized financial advice. The services cater primarily to retail investors, including high-net-worth individuals and families, who seek to make informed investment decisions through data-driven insights. Finzoom predominantly operates in the Indian market while extending its services to customers in other emerging economies.In the most recent fiscal year of 2022, Finzoom generated revenue amounting to INR 2,922,216.20. However, the company reported an EBITDA of INR -13,562,638.10 for the same year, highlighting an investment phase that may affect profitability in the short term.Finzoom Investment Advisors Private Limited plans to leverage its Series D funding raised in March 2022 to enhance its product offerings and expand its market reach. The firm is focused on developing new features for its wealth management platform, although specific release dates have not been disclosed. Additionally, the company aims to enter new markets across Asia and other emerging regions by the end of 2023, seeking to tap into the growing demand for digital financial services. The funding will be utilized to enhance product development, increase customer acquisition efforts, and strengthen operational capabilities as it pursues these strategic growth initiatives.

## Funding rounds

- Series D, Jan 21, 2022, $75M — Tiger Global Management, Steadview Capital Management, Dragoneer Investment Group
- Series C, Feb 5, 2020, $12M — Tiger Global Management, Steadview Capital Management, Dragoneer Investment Group, DF International, Tona Investments LP
- Series B, Aug 1, 2019, $29M — Tiger Global Management, Steadview Capital Management, ABG Capital
- Series A, Dec 29, 2018, $8.3M — Steadview Capital Management, ABG Capital
- Seed, Oct 29, 2018, $30M — Steadview Capital Management

## Investors

- Steadview Capital Management (https://capitalatlas.ai/funds/steadview-capital-management) — Seed, Series A, Series B, Series C, Series D
- ABG Capital — Series A, Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B, Series C, Series D
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series C, Series D
- DF International — Series C
- Tona Investments LP — Series C