# Scripbox Advisors Private

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

- Industry: Financial Services
- Headquarters: Bangalore, India
- Website: www.scripbox.com
- Total disclosed funding: $48M
- Latest round: Series D (Jan 18, 2022)
- Investors on record: 12

## About

Scripbox Advisors Private Limited is a financial services firm focused on simplifying mutual fund investments, offering tailored investment solutions that prioritize financial growth and client satisfaction.Founded in 2012 in Bangalore, India, Scripbox Advisors Private Limited specializes in facilitating mutual fund investments. The company was co-founded by Atul Shinghal, Nilakanta Mallick, Prateek Mehta, and Sanjiv Singhal. As of January 2022, Scripbox has raised a total of USD 13.00 mn in funding, with the most recent round being a VENTURE DEBT of USD 8.00 mn.Scripbox primarily offers a platform for investing in mutual funds, focusing on both Regular and Direct mutual fund options. The company aims to simplify the investment process for families seeking financial freedom by providing personalized investment recommendations based on individual goals and risk profiles. Scripbox's service includes tools for tracking investment progress and taking corrective actions as needed, serving a diverse clientele in India.In the fiscal year 2023, Scripbox reported a revenue of USD 7.31 mn, with an EBITDA of USD -1.46 mn. The revenue model is structured around management fees for mutual fund investments, enabling the firm to offer subscription-based guidance and portfolio management services.Following the recent funding round completed in January 2022, Scripbox plans to utilize the raised capital for product launches, brand building, and customer acquisition. The company also aims to establish partnerships with offline Independent Financial Advisors to expand its market reach. Scripbox is focused on enhancing its product offerings and expanding its presence within the Indian financial market.

## Funding rounds

- Series D, Jan 18, 2022, $13M — Accel, Trifecta Capital, InnoVen Capital, Transpose, LVX, DMI AIF Sparkle Fund, Kube VC, KPB Family Trust, YY Capital Partners
- Series D, Oct 29, 2021, $11M — Accel, Nippon Venture Capital, KPB Family Trust
- Series C, Jan 11, 2019, $22M — Accel, Nippon Venture Capital, Omidyar Network, Trusted Insight, Inc.
- Series B, Jul 1, 2016 — Accel, Omidyar Network
- Series A, Aug 12, 2015, $2.5M — Accel
- Seed, Jun 1, 2012, $0.7M — Accel

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A, Series B, Series C, Series D
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series B, Series C
- Nippon Venture Capital (https://capitalatlas.ai/funds/nippon-venture-capital) — Series C, Series D
- Trusted Insight, Inc. — Series C
- KPB Family Trust — Series D
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series D
- InnoVen Capital — Series D
- Transpose — Series D
- LVX (https://capitalatlas.ai/funds/lvx) — Series D
- DMI AIF Sparkle Fund (https://capitalatlas.ai/funds/dmi-aif-sparkle-fund) — Series D
- Kube VC (https://capitalatlas.ai/funds/kube-vc) — Series D
- YY Capital Partners (https://capitalatlas.ai/funds/yy-capital-partners) — Series D