# Orowealth Alpha Fintech Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/orowealth-alpha-fintech-pvt

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.orowealth.com
- Total disclosed funding: $1.6M
- Latest round: Series A (May 29, 2018)
- Investors on record: 6

## About

Orowealth Alpha Fintech Pvt. Ltd. is a financial technology company specializing in alternative investments, offering clients innovative solutions for fixed returns and passive income through diversified financial products.Founded in 2015 and headquartered in Mumbai, India, Orowealth Alpha Fintech Pvt. Ltd. focuses on alternative investment opportunities. The company has completed a total of 3 deals, with its most recent funding round being a Series A on January 2, 2023, where it raised USD 1.6 mn from investors including B Dash Ventures and Social Capital. The firm was co-founded by Yogesh Powar, who has a background in financial services, and is currently led by CEO Vijay Kuppa.Orowealth specializes in providing alternative investment opportunities that include corporate bonds, mutual funds, and high-yield bonds from NAVI Finserv. These products are tailored for retail investors seeking stable income with a minimum investment of Rs 10,000, aiming to mitigate equity market volatility. The services cater to customers across various geographical regions in India.In the most recent fiscal year 2023, Orowealth reported a revenue of USD 3,496.1 mn. The company generates revenue through investment management and advisory services related to its alternative assets, where clients can choose from various products based on their risk profiles. Orowealth's revenue model is designed to attract both individual and institutional investors.Orowealth plans to enhance its product offerings with the introduction of new investment vehicles aimed at further diversifying their portfolio by mid-2024. The recent funding will support this initiative, allowing the company to expand its operations into additional markets across India and potentially explore international avenues. The deal on January 2, 2023, where InCred Capital Financial Services Private Limited acquired a 71% stake for USD 1.7 mn, will aid in accelerating these growth strategies.

## Funding rounds

- Series A, May 29, 2018, $1.6M — Powerhouse Ventures, B Dash Ventures, Social Capital, GSF India, Money Forward, Inc., M&S Partners
- Seed, Jun 1, 2016 — Powerhouse Ventures, GSF India, M&S Partners

## Investors

- Powerhouse Ventures — Seed, Series A
- GSF India (https://capitalatlas.ai/funds/gsf-india) — Seed, Series A
- M&S Partners (https://capitalatlas.ai/funds/m-s-partners) — Seed, Series A
- B Dash Ventures (https://capitalatlas.ai/funds/b-dash-ventures) — Series A
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Series A
- Money Forward, Inc. — Series A