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Prudent - About the company

Prudent is a public company based in Ahmedabad (India), founded in 2000 by Sanjay Shah. It operates as a Provider of financial products and investment services. Prudent has raised $138K in funding from TA. The company has 415 active competitors, including 1 funded and 20 that have exited. Its top competitors include companies like Wolters Kluwer, Reliance Capital and Piramal Capital & Housing Finance.

Company Details

Provider of financial products and investment services. This entity offers mutual funds, insurance, stock broking, fixed income products, portfolio management services, alternative investment funds, and loan products. It also facilitates real estate transactions and peer-to-peer lending. The company utilizes online platforms and mobile applications to deliver these services, supporting both investors and distribution partners. A dedicated IT infrastructure and research capabilities are integral to its operations.
Social
XFacebook
Email ID
*****@prudentcorporate.com
Phone Number
+91 **********
Registered Address
401, Sears Tower, Off CG Road, Gulbai Tekra, Ambawadi, Ahmedabad, Ahmedabad, Gujarat, India, 380006
Key Metrics
Founded Year
2000
Location
Ahmedabad, India
Stage
Public
Total Funding
$138K in 1 round
Latest Funding Round
Investors
Ranked
Annual Revenue
₹1,130Cr as on Mar 31, 2025
Employee Count
677 as on Feb 28, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public

Prudent's IPO details

Prudent got listed on May 20, 2022.
Click here to take a look at Prudent's IPO in detail
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Prudent's funding and investors

Prudent has raised a total funding of $138K over 1 round. Its latest funding round was a PE round on Jul 13, 2018 for $*****. 1 investor participated in its latest round. Prudent has 3 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of Prudent:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 13, 2018
8402445
PE
2715481
3486588
7727671
3263412
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Prudent's founders and board of directors

Founder? Claim Profile
The founders of Prudent is Sanjay Shah. Shirish Patel is the CEO of Prudent.
Here are the details of Prudent's key team members:

Prudent's Board of Directors

Prudent's board has 4 active members. Shirish Patel, Dhiraj Poddar, Sanjay Shah and Aditya Sharma are part of team.
Here is the list of Prudent's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 9m
vonlfer
Team
-
Past
2y 1m
lfmirpi
Team
-
Past
4y 9m
Investor
TA
Current
7y 9m
Investor
TA
Current
7y 9m
bsgnvrd
Investor
-
Past
6y 4m
tijriam
Investor
-
Past
9y 9m
nkpmgmi
Investor
-
Past
5y 1m
bumgpns
Independent board member
-
Past
8y 9m

Prudent's employee count trend

Prudent has 677 employees as of Feb 25. Here is Prudent's employee count trend over the years:
Employee count trend for Prudent
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Prudent's Competitors and alternates

Top competitors of Prudent include Wolters Kluwer, Reliance Capital and Piramal Capital & Housing Finance. Here is the list of Top 10 competitors of Prudent, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Wolters Kluwer
Wolters Kluwer
1836, Alphen Aan Den Rijn (Netherlands), Public
Provider of software, information, and service solutions for professional industries
-
75/100
2nd
Logo for Reliance Capital
Reliance Capital
1986, Mumbai (India), Acquired
Financial services company
-
69/100
3rd
Logo for Prudent
Prudent
2000, Ahmedabad (India), Public
Provider of financial products and investment services
$138K
69/100
4th
Logo for Piramal Capital & Housing Finance
Piramal Capital & Housing Finance
1984, Mumbai (India), Funding Raised
Provider of consumer, housing, and business loans
-
-
58/100
5th
Logo for Niveshaay
Niveshaay
2015, Surat (India), Unfunded
Provider of investment advisory and research services
-
-
49/100
6th
Logo for Hero Corp
Hero Corp
1995, Delhi (India), Unfunded
Diversified conglomerates operating multiple industries
-
-
48/100
7th
Logo for The Digital Fifth
The Digital Fifth
2017, Mumbai (India), Unfunded
Provider of diversified management consulting services for investment industry
-
-
41/100
8th
Logo for Auctus Advisors
Auctus Advisors
2010, Mumbai (India), Acquired
Management consulting and advisory firm
-
-
40/100
9th
Logo for Ardeko
Ardeko
2018, Ahmedabad (India), Seed
Financial advisory firm providing research-driven support to money managers, offering expertise in project, business, sector, and valuation analysis
$578K
-
37/100
10th
Logo for Amsec
Amsec
1997, Mumbai (India), Unfunded
Provider of financial advisory services
-
-
36/100
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Prudent's Latest cap tables and shareholding

Founders own 43.36%, Funds own 0.15% and Other People (largest shareholder) own 56.49%. The net worth of Prudent's founders is INR 271Cr as of Jul 13, 2018.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
43.36%
271Cr
8423009
2489935
5918264
8108626
Fund
0.15%
94.6L
0
0
0
0
0
0
0
0
0
0
Other People
56.49%
353Cr
5166998
4100169
2949881
8634013
Total
100.00%
625Cr
9655175
8908851
4700717
1373531
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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 Prudent's Shareholding

Prudent's Investments and acquisitions

Prudent has not made any acquisitions yet. Prudent has made 8 investments.
Here is the list of latest three $investments:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Aug 24, 2024
Investments
2016
Noida (India)
Dec 18, 2022
Investments
2022
Bengaluru (India)
Nov 18, 2022
Investments
2015
Gurugram (India)
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See all investments by Prudent

Reports related to Prudent

Here is the latest report on Prudent's sector:

News related to Prudent

lockFilter this list
Media has covered Prudent for a total of 2 events in the last 1 year.
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FAQs about Prudent

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