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Kuvera - About the company

Kuvera is an acquired company based in Bengaluru (India), founded in 2016 by Neelabh Sanyal and Gaurav Gaurav Rastogi. It operates as a Digital platform for mutual fund investments. Kuvera has raised $10.1M in funding from investors like Eight Roads Ventures, Fidelity and Stradit, with last known valuation of $*****. The company has 399 active competitors, including 31 funded and 22 that have exited. Its top competitors include companies like Scripbox, FundsIndia and AssetPlus.

Company Details

Digital platform for mutual fund investments. It invest in mutual funds, SIP, stocks and fixed deposits simplified. The platform creates a mutual fund portfolio based on the user's risk profile and goals. Its features include tax saver, tax harvesting, automated portfolio tracking, and more. It enables users check FD rates from a wide range of bank and NBFC fixed deposits. Apps are available for Android and iOS users.
Website
kuvera.in
Social
XFacebook
Email ID
*****@kuvera.in
Phone Number
+91 **********
Part Of
Registered Address
74/II, Techno Park, C Cross Road, MIDC, Andheri East(Opp. SEEPZ Gate No. 2), Chakala Midc, Mumbai, Mumbai, Maharashtra, India, 400093
Key Metrics
Founded Year
2016
Location
Bengaluru, India
Stage
Acquired
Total Funding
$10.1M in 5 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 16, 2021
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
88 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by CRED (Feb 06, 2024)

Kuvera's acquisition details

Kuvera got acquired by CRED on Feb 06, 2024.
Click here to take a look at Kuvera's acquisition in detail
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Kuvera's funding and investors

Kuvera has raised a total funding of $10.1M over 5 rounds. Its first funding round was on Jan 25, 2016. Its latest funding round was a Series B round on Sep 16, 2021 for $*****. 1 investor participated in its latest round. Kuvera has 4 institutional investors and 32 angel investors.

Here is the list of recent funding rounds of Kuvera:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 16, 2021
9836235
Series B
7162134
3777222
2079733
2793325
Mar 23, 2019
9154401
Series A
2873653
7605983
9844221
8436671
Dec 09, 2018
7469388
Angel
9832295
6439706
5037242
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Kuvera's founders and board of directors

Founder? Claim Profile
The founders of Kuvera are Neelabh Sanyal and Gaurav Gaurav Rastogi. Gaurav Gaurav Rastogi is the CEO of Kuvera.
Here are the details of Kuvera's key team members:

Kuvera's Board of Directors

Kuvera's board has 3 active members. Neelabh Sanyal and Gaurav Gaurav Rastogi are part of team and Alokik Indru Advani is independent board member.
Here is the list of Kuvera's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 7m
Team
-
Current
10y 7m
dymqasj
Team
-
Past
9y 7m
{zphzzb
Team
-
Past
2y 8m
wjeuuac
Independent board member
-
Past
1y 5m
{{pi{ny
Independent board member
-
Past
2y 8m
evtkteo
Independent board member
-
Past
1y 6m

Kuvera's employee count trend

Kuvera has 88 employees as of Sep 26. Here is Kuvera's employee count trend over the years:
Employee count trend for Kuvera
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Kuvera's Competitors and alternates

Top competitors of Kuvera include Scripbox, FundsIndia and AssetPlus. Here is the list of Top 10 competitors of Kuvera, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Scripbox
Scripbox
2012, Bengaluru (India), Series D
Platform offering mutual fund investments, financial planning, and wealth growth services
$87.6M
79/100
2nd
Logo for FundsIndia
FundsIndia
2008, Chennai (India), Acquired
Online investment platform for mutual funds and other financial products
$16.6M
77/100
3rd
Logo for Kuvera
Kuvera
2016, Bengaluru (India), Acquired
Digital platform for mutual fund investments
$10.1M
77/100
4th
Logo for AssetPlus
AssetPlus
2016, Chennai (India), Series B
Online platform for mutual fund distributors and financial advisors
$32.2M
75/100
5th
Logo for ZFunds
ZFunds
2019, Gurugram (India), Seed
Online platform offering mutual fund investment solution
$3.15M
68/100
6th
Logo for Navi
Navi
2018, Bengaluru (India), Series C
Provider of financial products including UPI, loans, insurance, and mutual funds
$545M
68/100
7th
Provider of mutual fund investment solutions for individual and institutional investors
-
65/100
8th
Logo for Bandhan Mutual Fund
Bandhan Mutual Fund
2000, Mumbai (India), Public
Online platform for investing in mutual funds
-
63/100
9th
Logo for Invesco
Invesco
1935, Atlanta (United States), Unfunded
Diversified asset management firm
-
-
60/100
10th
Logo for Bareksa
Bareksa
2013, Jakarta (Indonesia), Acquired
Online trading platform focused on mutual funds
$3.54M
58/100
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Looking for more details on Kuvera's competitors? Click here to see the top ones

Kuvera's Latest cap tables and shareholding

Founders (largest shareholder) own 53.17%, Funds own 36.09%, Enterprises own 0.93% and Angels own 9.48%. The net worth of Kuvera's founders is INR 485Cr as of Sep 16, 2021. The cap table displayed below is for AREVUK ADVISORY SERVICES PRIVATE LIMITED which is the legal entity associated with Kuvera.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
53.17%
485Cr
9421999
6976187
7234399
9729586
3038041
3881444
2495628
9490519
7170802
8789216
7498804
3882189
6807096
9074023
6729002
6279100
Fund
36.09%
330Cr
2570508
8047443
1176245
2416148
1032761
8361591
7145873
4922055
7735358
6567002
0
0
0
0
0
0
Enterprise
0.93%
8.48Cr
0
0
0
0
Angel
9.48%
87.1Cr
3650545
3832412
2752539
9154116
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other People
0.26%
2.46Cr
0
0
0
0
Total
99.93%
913Cr
1557026
2731955
1253568
8272054
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
Gain deeper insights into
shareholding pattern of this entity
$9.99$4.23(excl. taxes)
Download Sample Files
What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Kuvera's Investments and acquisitions

Kuvera has made no investments or acquisitions yet.

Reports related to Kuvera

Here is the latest report on Kuvera's sector:

News related to Kuvera

lockFilter this list
Media has covered Kuvera for a total of 3 events in the last 1 year, 2 of them have been about company updates.
•
•
Kuvera receives ISO 27001:2013 certificationAsian News International•Aug 13, 2021•Kuvera
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FAQs about Kuvera

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