When was WealthDesk founded?

WealthDesk was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Where is WealthDesk located?

WealthDesk is headquartered in Mumbai, India. It is registered at Office-2, Floor 5, Wing A, Block A, Salarpuria Softzone, Bellandur Village, Varthur Hobli, Outer Ring Road, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103.

Who is the current CEO of WealthDesk?

Sameer Nigam of WealthDesk. They have also founded 2 companies and are angel investors in 4 startups, including Pincode and Mime360.

Which legal entities is WealthDesk associated with?

WealthDesk is associated with WEALTH TECHNOLOGY & SERVICES PRIVATE LIMITED and 2 others.

How many employees does WealthDesk have?

As of Dec 31, 2024, WealthDesk has 201 employees, reflecting a 17% year-over-year growth in headcount.

Is WealthDesk a funded company?

WealthDesk is a funded company, having raised a total of $3.88M across 2 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jan 18, 2021.

How much is WealthDesk worth?

The last known valuation of WealthDesk was ₹***** as of Jan 18, 2022.

When was the latest funding round of WealthDesk?

WealthDesk's latest funding was a $***** Seed round on Jun 24, 2021, with participation from 3 investors. Its primary sector is Investment Tech. In India, the Investment Tech sector has seen $46.5M in funding in 2026 to date.

What is the annual revenue of WealthDesk?

Annual revenue of WealthDesk is ₹5.26Cr as on Mar 31, 2024.

Where does WealthDesk rank among its competitors?

WealthDesk ranks 2nd amongst 3 active competitors, none of which are funded.

Who are the top competitors of WealthDesk?

WealthDesk's top competitors include iShares, ZyFin and Anantajit Financial Solution. Among them, iShares secured the most recent funding round in December, 2023.

WealthDesk - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

WealthDesk provides an online & app-based platform to invest in ETFs. Allows users to look at the list of funds that match their risk appetite, select the amount they want to invest, track their investments, and more. Its features are funds deposits & withdrawals, setting up SIPs, and more.

Website: wealthdesk.in
Social
Part Of
Registered Address: Office-2, Floor 5, Wing A, Block A, Salarpuria Softzone, Bellandur Village, Varthur Hobli, Outer Ring Road, Bellandur, Bangalore, Bangalore South, Karnataka, India, 560103

Key Metrics

Founded Year

2016

Location

Mumbai, India

Stage

Acquired

Total Funding

$3.88M in 2 rounds

Latest Funding Round

Seed, Jun 24, 2021, $*****

Last Known Valuation

₹***** as on Jan 18, 2022

Investors

Florintree & 15 more

Ranked

2^nd among 3 active competitors

Annual Revenue

₹5.26Cr as on Mar 31, 2024

Employee Count

201 as on Dec 31, 2024

Similar Companies

WisdomTree & 101 more

Exit Details

Acquired by PhonePe (May 18, 2022)

View WealthDesk's full profile

WealthDesk is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
Phonepe Limited CIN: U67190KA2012PLC176031 , India, Active	Dec 18, 2012	$903M (As on Mar 31, 2025)	11241 (As on Aug 01, 2025)
PHONEPE WEALTH BROKING PRIVATE LIMITED CIN: U65990KA2021PTC146954 , India, Active	Apr 27, 2021	$5.73M (As on Mar 31, 2025)	236 (As on Aug 01, 2025)
WEALTH TECHNOLOGY & SERVICES PRIVATE LIMITED CIN: U74999KA2016PTC173993 , India, Amalgamated	Jun 01, 2016	$635K (As on Mar 31, 2024)	1 (As on Oct 31, 2024)

WealthDesk got acquired by PhonePe on May 18, 2022.

Click here to take a look at WealthDesk's acquisition in detail

WealthDesk has raised a total funding of $3.88M over 2 rounds. Its first funding round was on Jan 18, 2021. Its latest funding round was a Seed round on Jun 24, 2021 for $*****. 3 investors participated in its latest round. WealthDesk has 3 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of WealthDesk:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 24, 2021	7351479	Seed	7773644	9525790	8754463	9216603
Jan 18, 2021	3105135	Angel	1529161	8199177	Rahul Doshi	Sudhir Jain & 9 more

Access funding benchmarks and valuations. Sign up today!

View details of WealthDesk's funding rounds and investors

The founders of WealthDesk are Ujjwal Jain and Yuvraj Thakker. Sameer Nigam is the CEO of WealthDesk.

Here are the details of WealthDesk's key team members:

Ujjwal Jain: Former Co-Founder of WealthDesk. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
Yuvraj Thakker: Former Co-Founder of WealthDesk. They serve on the board of 1 company.
Sameer Nigam: Co-Founder & CEO of WealthDesk and founder of 2 other companies, Mime360 and PhonePe. They are also an angel investor in 4 startups.
Contact Info: 1 phone number

WealthDesk's Board of Directors

WealthDesk's board has 2 active members. Ujjwal Jain and Yuvraj Thakker are part of team.

Here is the list of WealthDesk's board of directors:

Name	Type	Representing	Status	Duration
Ujjwal Jain	Team	-	Current	10y 2m
Yuvraj Thakker	Team	-	Current	10y 2m

View details of WealthDesk's Founder profiles and Board Members

WealthDesk's employee count trend

WealthDesk has 201 employees as of Dec 24. The total employee count is 16.0% more than what it was in Dec 23. Here is WealthDesk's employee count trend over the years:

Uncover WealthDesk's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of WealthDesk include iShares, ZyFin and Anantajit Financial Solution. Here is the list of Top 10 competitors of WealthDesk, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	iShares 2000, San Francisco (United States), Acquired	Provider of solutions for exchange-traded funds	$100K	27th Street Capital, Greenleaf Trust & 8 others	59/100
2nd	WealthDesk 2016, Mumbai (India), Acquired	Online & app-based platform to invest in ETFs	$3.88M	Florintree, Plutuscorporate & 14 others	45/100
3rd	ZyFin 2011, Mumbai (India), Deadpooled	Provides information regarding economic indicators	-	Anthemis Group, Zodius	19/100
4th	Anantajit Financial Solution 2019, Dehradun (India), Unfunded	Developer of digital investment platforms for retail investors in exchange-traded instruments	-	-	16/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on WealthDesk's competitors? Click here to see the top ones

Founders (largest shareholder) own 74.72%, Enterprises own 4.92%, Angels own 12.07% and ESOP Pool own 8.30%. The net worth of WealthDesk's founders is INR 106Cr as of Jan 18, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	74.72%	106Cr	1268122	9342820	3860712	8490223
Yuvraj Thakker	2285568	9307089	2197812	1332617	8032197	2807332
Ujjwal Jain	9201245	8314920	1351234	4764668	2886867	6709211
Enterprise	4.92%	7Cr	3564	5344	7426	8634
Angel	12.07%	17.1Cr	2168630	2264874	2324283	7695665
Sudhir Jain	0	0	0	0	0	0
ESOP Pool	8.30%	11.8Cr	2800435	1329053	9406360	7479941
Total	100.00%	142Cr	3043669	9976707	7729692	3184929