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INDMoney - About the company

INDMoney is a series D company based in Gurugram (India), founded by Ashish Kashyap and Nikhil Anil Behl. It operates as a Provider of integrated personal finance and investment management solutions for individuals. INDMoney has raised $158M in funding from investors like Steadview, Tiger Global Management and Dragoneer Investment Group, with a current valuation of $*****. The company has 5 active competitors, including 3 that are funded. Its top competitors include companies like Winvesta, Fimswitch and Hecto.

Company Details

Provider of integrated personal finance and investment management solutions for individuals. The app offers features such as investment in stocks, SIP in mutual funds, free Demat and trading accounts, investment in direct plans of mutual funds, AI-driven advisory, mini save, super banking for family, automatic tracking of money, mutual fund investments, and more. The app is available on iOS and Android devices.
Social
XFacebook
Email ID
*****@indmoney.com
Registered Address
616, 6th Floor, Suncity Success Tower, Golf Course Extension Road, Sector - 65, Gurgaon, Gurugram, Haryana, India, 122005
Key Metrics
Location
Gurugram, India
Stage
Series D
Total Funding
$158M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 21, 2022
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
378 as on May 31, 2025
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INDMoney's funding and investors

INDMoney has raised a total funding of $158M over 4 rounds. Its first funding round was on May 11, 2018. Its latest funding round was a Series D round on Jan 17, 2022 for $*****. 16 investors participated in its latest round. INDMoney has 13 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of INDMoney:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 17, 2022
3015036
Series D
4760907
9257849
9404493
3306355
Jan 23, 2020
1156167
Series C
9376912
1188531
9197235
Aug 01, 2019
8239262
Series B
7158542
9413889
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INDMoney's founders and board of directors

Founder? Claim Profile
The founders of INDMoney are Ashish Kashyap and Nikhil Anil Behl. Nikhil Anil Behl and Ashish Kashyap are the CEOs of INDMoney.
Here are the details of INDMoney's key team members:

INDMoney's Board of Directors

INDMoney's board has 3 active members. Ashish Kashyap and Dhruv Pathak are part of team and Punam Kashyap is independent board member.
Here is the list of INDMoney's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 6m
Team
-
Current
3y 0m
Independent board member
-
Current
8y 6m

INDMoney's employee count trend

INDMoney has 378 employees as of May 25. The total employee count is 2.0% more than what it was in May 24. Here is INDMoney's employee count trend over the years:
Employee count trend for INDMoney
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INDMoney's Competitors and alternates

Top competitors of INDMoney include Winvesta, Fimswitch and Hecto. Here is the list of Top 10 competitors of INDMoney, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for INDMoney
INDMoney
Gurugram (India), Series D
Provider of integrated personal finance and investment management solutions for individuals
$158M
79/100
2nd
Logo for Winvesta
Winvesta
2019, Mumbai (India), Seed
Fintech company that provides a cross-border payments and investing platform
$2.81M
47/100
3rd
Logo for Fimswitch
Fimswitch
Thane (India), Unfunded
Provider of a platform for fractional ownership of high-value assets
-
-
24/100
4th
Logo for Hecto
Hecto
2023, Modasa (India), Unfunded
Provider of online trading platform for consumers
-
-
24/100
5th
Logo for The Wealth Sentry
The Wealth Sentry
2020, Kolkata (India), Deadpooled
Trading & fractional investing platform for stocks
-
-
16/100
6th
Logo for Srot
Srot
2021, Bengaluru (India), Seed
Provider of a fractional investment platform for stocks and ETFs
$60.3K
16/100
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INDMoney's Latest cap tables and shareholding

Founders own 28.85%, Funds (largest shareholder) own 65.40%, Enterprises own 0.02% and Angels own 0.03%. The net worth of INDMoney's founders is INR 1,380Cr as of Mar 21, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
28.85%
1,380Cr
4447072
6387534
8764931
2037539
8479576
9959865
5294405
4820378
6979311
9928069
Fund
65.40%
3,120Cr
9635712
5504935
4493700
8551305
9776276
7695188
8205220
6101952
3578032
9738241
5291663
4561211
4187309
5684402
7860962
8758548
44098
46870
99129
45698
22863
63852
Enterprise
0.02%
1Cr
0
0
0
0
Angel
0.03%
1.4Cr
0
0
0
0
Other People
0.00%
13.2L
0
0
0
0
ESOP Pool
5.69%
272Cr
54365
85349
74390
72971
Total
100.00%
4,770Cr
3393864
6839429
5681203
6952241
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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 INDMoney's Shareholding

INDMoney's Investments and acquisitions

INDMoney has made no investments or acquisitions yet.

Reports related to INDMoney

Here is the latest report on INDMoney's sector:

News related to INDMoney

lockFilter this list
Media has covered INDMoney for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
Fintech Startup Dhan Parent Acquires Algo Trading Platform StratzyTechShots I Short News App For Tech Decision Makers•Mar 05, 2026•Dhan, HDFC securities, ICICI Securities, SBICAP and 5 others
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