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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).
Social
XFacebook
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
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)

Moneyfront's acquisition details

Moneyfront got acquired by Niyogin on Sep 08, 2018 at an acquisition amount of $*****.
Click here to take a look at Moneyfront's acquisition in detail
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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
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Moneyfront's founders and board of directors

Founder? Claim Profile
The 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:

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
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Independent board member
-
Current
3y 6m
hglhfiv
Independent board member
-
Current
6y 4m

Moneyfront's employee count trend

Moneyfront has 17 employees as of Apr 26. Here is Moneyfront's employee count trend over the years:
Employee count trend for Moneyfront
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Aditya Birla Capital
Aditya Birla Capital
2007, Mumbai (India), Public
Provider of loans, investments, insurance, UPI, and bill payment services
-
73/100
2nd
Logo for UTI
UTI
1963, Mumbai (India), Public
Provider of mutual fund, portfolio management, and retirement planning services
$142M
72/100
3rd
Logo for HDFC Mutual Fund
HDFC Mutual Fund
1999, Mumbai (India), Public
Provider of mutual fund services focused on investment management
-
71/100
4th
Logo for SBI Mutual Fund
SBI Mutual Fund
1987, Mumbai (India), Unfunded
Provider of mutual fund investments, retirement planning, and wealth creation services
-
-
70/100
5th
Logo for Nippon
Nippon
2020, India, Public
Private equity firm and fund of funds focused on multiple sectors
-
-
69/100
6th
Logo for Axis Mutual Fund
Axis Mutual Fund
2009, Mumbai (India), Unfunded
Wealth, investment management, and mutual fund firm
-
-
67/100
7th
Logo for Kotak Mutual Fund
Kotak Mutual Fund
1985, Mumbai (India), Public
Provider of financial adisory services
-
-
64/100
8th
Real estate fund focused on multiple strategies
-
-
61/100
9th
Logo for Invesco Mutual Fund
Invesco Mutual Fund
1935, Mumbai (India), Acquired
Provider of mutual funds investments services
$152M
58/100
10th
Platform offering mutual fund investment solutions
-
-
57/100
30th
Logo for Moneyfront
Moneyfront
2016, Mumbai (India), Acquired
Online platform to invest in direct mutual funds
$160K
-
33/100
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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

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FAQs about Moneyfront

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