Moneyfront - About the company
Moneyfront is an acquired company based in Mumbai (India), founded in 2016 by Anil Bang, Mohit Gang and Puneet Mehta. It operates as an Online platform to invest in direct mutual funds. Moneyfront has raised $160K in funding, with last known valuation of $*****. The company has 134 active competitors, including 1 funded and 13 that have exited. Its top competitors include companies like Aditya Birla Capital, UTI and HDFC Mutual Fund.
Company Details
Moneyfront is an online platform to invest in direct mutual fund schemes. The company suggests a basket of mutual funds based on investor's risk tolerance. Users can also customize their investment portfolio through the platform. Charges INR 1200 per year (Jan 2017).
- Website
- moneyfront.in
- Email ID
- *****@moneyfront.in
- Phone Number
- +91 **********
- Registered Address
- Office 702, Samarpan Complex, New Link Road, Opp. Satam Wadi, Chakala, Andheri East, Mumbai City, Mumbai, Maharashtra, India, 400099
Key Metrics
Founded Year
2016
Location
Mumbai, India
Stage
Acquired
Total Funding
$160K in 1 round
Latest Funding Round
Last Known Valuation
$***** as on Sep 08, 2018
Investors
Ranked
30th among 134 active competitors
Annual Revenue
₹19.7L as on Mar 31, 2025
Employee Count
17 as on Apr 30, 2026
Similar Companies
Exit Details
Acquired by Niyogin (Sep 08, 2018)
Legal entities associated with Moneyfront
Moneyfront is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MONEYMAP INVESTMENT ADVISORS PRIVATE LIMITED CIN: U74900MH2015PTC270286 , India, Active | Nov 19, 2015 | $23.3K (As on Mar 31, 2025) | - | |
INVESTDIRECT CAPITAL SERVICES PRIVATE LIMITED CIN: U74999MH2015PTC266834 , India, Active | Jul 25, 2015 | $7.79M (As on Mar 31, 2025) | - |
Moneyfront's acquisition details
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Moneyfront's funding and investors
Moneyfront has raised a total funding of $160K over 1 round. Its latest funding round was a Angel round on Jun 01, 2016 for $*****. 5 investors participated in its latest round. Moneyfront has 8 angel investors.
Here is the list of recent funding rounds of Moneyfront:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 01, 2016 | 7249558 | Angel | 1437022 | 3895982 | 6298618 | 2392859 |
View details of Moneyfront's funding rounds and investors
Moneyfront's founders and board of directors
Founder? Claim ProfileThe founders of Moneyfront are Anil Bang, Mohit Gang and Puneet Mehta. Mohit Gang is the CEO of Moneyfront.
Here are the details of Moneyfront's key team members:
- Anil Bang: Co-Founder of Moneyfront. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Mohit Gang: Co-Founder & CEO of Moneyfront. They serve on the board of 1 company.Contact Info: 1 email address
- Puneet Mehta: Co-Founder of Moneyfront.
Moneyfront's Board of Directors
Moneyfront's board has 4 active members. Mohit Gang is part of team and Pankaj Chaudhary, Tashwinder Harjap Singh and Abhishek Ajit Thakkar are independent board members.Here is the list of Moneyfront's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 2m | |
tfdaoyt | Team | - | Past | 1y 9m |
Independent board member | - | Current | 4y 1m | |
xzhfohu | Independent board member | - | Current | 3y 6m |
hglhfiv | Independent board member | - | Current | 6y 4m |
View details of Moneyfront's Founder profiles and Board Members
Moneyfront's employee count trend
Moneyfront has 17 employees as of Apr 26. Here is Moneyfront's employee count trend over the years:
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Moneyfront's Competitors and alternates
Top competitors of Moneyfront include Aditya Birla Capital, UTI and HDFC Mutual Fund. Here is the list of Top 10 competitors of Moneyfront, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Aditya Birla Capital 2007, Mumbai (India), Public | Provider of loans, investments, insurance, UPI, and bill payment services | - | 73/100 | |
2nd | Provider of mutual fund, portfolio management, and retirement planning services | $142M | 72/100 | ||
3rd | HDFC Mutual Fund 1999, Mumbai (India), Public | Provider of mutual fund services focused on investment management | - | 71/100 | |
4th | SBI Mutual Fund 1987, Mumbai (India), Unfunded | Provider of mutual fund investments, retirement planning, and wealth creation services | - | - | 70/100 |
5th | Private equity firm and fund of funds focused on multiple sectors | - | - | 69/100 | |
6th | Axis Mutual Fund 2009, Mumbai (India), Unfunded | Wealth, investment management, and mutual fund firm | - | - | 67/100 |
7th | Kotak Mutual Fund 1985, Mumbai (India), Public | Provider of financial adisory services | - | - | 64/100 |
8th | ICICI Prudential Asset Management Company 1993, Mumbai (India), Public | Real estate fund focused on multiple strategies | - | - | 61/100 |
9th | Invesco Mutual Fund 1935, Mumbai (India), Acquired | Provider of mutual funds investments services | $152M | 58/100 | |
10th | Motilal Oswal Asset Management Company 1987, Mumbai (India), Unfunded | Platform offering mutual fund investment solutions | - | - | 57/100 |
30th | Moneyfront 2016, Mumbai (India), Acquired | Online platform to invest in direct mutual funds | $160K | - | 33/100 |
Looking for more details on Moneyfront's competitors? Click here to see the top ones
Moneyfront's Investments and acquisitions
Moneyfront has made no investments or acquisitions yet.
Reports related to Moneyfront
Here is the latest report on Moneyfront's sector:
News related to Moneyfront
•
Niyogin acquires 50.1% stake in wealth management platform Moneyfront for ₹12 croresThe Indian Wire•Sep 10, 2018•Niyogin, Moneyfront, Niyogin Fintech
•
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