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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 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 392 active competitors, including 30 funded and 21 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
93 as on Jun 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
4773595
Series B
3573134
9182348
7334441
4240919
Mar 23, 2019
7020240
Series A
6389074
2653583
1739010
9218381
Dec 09, 2018
5853188
Angel
5684697
5637798
2860733
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Kuvera's founders and board of directors

Founder? Claim Profile
The founders of Kuvera are Neelabh Sanyal and Gaurav Rastogi. 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 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 5m
Team
-
Current
10y 5m
sywyus{
Team
-
Past
1y 2m
oslwiiz
Team
-
Past
1y 3m
orxtpah
Independent board member
-
Past
3y 4m
vjitgfo
Independent board member
-
Past
3y 3m
sptwpkk
Independent board member
-
Past
2y 8m

Kuvera's employee count trend

Kuvera has 93 employees as of Jun 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
$84M
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
76/100
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 Navi
Navi
2012, Bengaluru (India), Series B
Provider of financial products including UPI, loans, insurance, and mutual funds
$445M
73/100
6th
Logo for Bareksa
Bareksa
2013, Jakarta (Indonesia), Acquired
Online trading platform focused on mutual funds
$3.54M
71/100
7th
Logo for ZFunds
ZFunds
2019, Gurugram (India), Seed
Online platform offering mutual fund investment solution
$3.15M
68/100
8th
Logo for Fundzbazar
Fundzbazar
2016, Ahmedabad (India), Public
Online platform to make mutual investments
-
-
58/100
9th
Logo for Orowealth
Orowealth
2015, Mumbai (India), Acquired
Provider of a platform for alternative asset and mutual fund investments
$2M
57/100
10th
Logo for Franklin Templeton India
Franklin Templeton India
1996, Mumbai (India), Unfunded
Diversified investment management firm
-
-
57/100
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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.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
53.17%
485Cr
6471086
5565626
5274472
8108786
2708694
2649649
9235809
9079557
7603443
7867106
7982336
4228811
3520005
6223111
3689634
3309683
Fund
36.09%
330Cr
8631479
5772957
8719550
6547959
4786926
9848133
1921250
3125664
6050946
2656422
0
0
0
0
0
0
Enterprise
0.93%
8.48Cr
0
0
0
0
Angel
9.48%
87.1Cr
3441682
5581423
9843561
5162208
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
1053523
8545234
5330942
4888750
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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 Kuvera's Shareholding

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 InternationalAug 13, 2021Kuvera
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FAQs about Kuvera

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