Scripbox

Last updated

Scripbox.com
Company type Private
IndustryFinancial Services
FoundedBengaluru, India (2012)
Headquarters,
India
Key people
Atul Shinghal (Founder & CEO), Sanjiv Singhal (Founder & COO)
ServicesWealth Management
AUM ₹12000 crores
Website scripbox.com   OOjs UI icon edit-ltr-progressive.svg

Scripbox (officially known as Scripbox.com India Private Limited) is a Bengaluru-based digital wealth management service founded in 2012. [1]

History

Scripbox was founded by Atul Shinghal and Sanjiv Singhal, along with WS Ravishankar in Bengaluru, India, in 2012. [2] The company has evolved to work in the wealth management space, with a presence across 2440+ cities in India. [3]

In August 2019, Scripbox acquired Upwardly, a digital investment and advisory platform. [4] [5]

In December 2020, Scripbox announced its strategic investment in Mitraz Financial, a SEBI registered investment advisor. [6] [7] In 2022, Scripbox acquired the investment startup Wealth Managers for $21 million. [8]

Financials

Scripbox raised over ₹200 crores in funding from Accel Partners, Omidyar Network, and other investors. Accel invested in series A, B, and C funding rounds, while Omidyar invested in series B and C. [9] [10] Scripbox raised ₹151 crore from Accel, Omidyar, and NLI Strategic in its Series C round. [11] [12]

The Bengaluru-based firm raised ₹151 crore in its Series D round from multiple investors led by Accel Partners. [13]

Scripbox has grown its assets under managemement (AUM) to ₹12,000 Crore as of August, 2022. [14]

Related Research Articles

Accel, formerly known as Accel Partners, is an American venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California, with additional operating funds in London, India and China.

Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.

<span class="mw-page-title-main">Vedantu</span> Indian Multinational Educational technology company

Vedantu is an Indian multinational online tutoring platform launched in 2014 based in Bengaluru, India. It primarily provides services to students in grades 4 to 12.

<span class="mw-page-title-main">Pratilipi</span> Indian self-publishing portal

Pratilipi is an Indian online self-publishing and audiobook portal headquartered in Bangalore. Founded in 2014, the company allows users to publish and read original works such as stories, poetry, essays, and articles in twelve languages: Hindi, Urdu, English, Gujarati, Bengali, Marathi, Malayalam, Tamil, Kannada, Telugu, Punjabi and Odia. The company also launched two other storytelling platforms - Pratilipi Comics & Pratilipi FM, and has also forayed into different formats such as web series, motion series, podcasts, and films.

Livspace, is a home interior and renovation company headquartered in Singapore. It provides interior design and renovation services in Singapore and India. The company was founded in 2014 by Anuj Srivastava and Ramakant Sharma and has raised funding of $450 million.

ANSR is a business consulting company. It was established in 2004 by Lalit Ahuja. Since its inception, ANSR has established over 125 GCCs aggregating to over 125K enterprise talent with over $1.6B in investment.

<span class="mw-page-title-main">Acko General Insurance</span> Insurance company in India

Acko General Insurance is a private sector general insurance company in India. Founded in November 2016, the company received its license from the Insurance Regulatory and Development Authority of India (IRDAI) in September 2017. Acko follows an online-led model and hence all operations for the company are offered through the digital platform.

Doubtnut is an Indian educational app started by Tanushree Nagori and Aditya Shankar. Doubtnut is available as an Android application on Play Store or by accessing its official website.

Swiggy is an Indian online food ordering and delivery company. Founded in 2014, Swiggy is headquartered in Bangalore and operates in more than 580 Indian cities, as of July 2023. Besides food delivery, the platform also provides quick commerce services under the name Swiggy Instamart, and same-day package deliveries with Swiggy Genie.

Pine Labs is an Indian company that provides point of sales systems and payment systems, founded in 1998. The company has a valuation of over US$5 billion.

Mygate is an app created to manage security and community living in housing societies. The app was launched in 2016, and as of November 2021, it claimed to serve over 25,000 housing societies across 27 cities in India. Mygate is owned by Vivish Technologies and headquartered in Bangalore.

Pepperfry Limited, formerly known as Pepperfry, is an Indian online marketplace for furniture and home décor. The company was founded in July 2011 by Ambareesh Murty and Ashish Shah, and is headquartered in Mumbai. As of 2023, Pepperfry has 43 company-owned studios and 142 studios operating under its franchise model.

Servify is a device management platform, founded in 2015. It is headquartered in Mumbai, India and operates in North America, Europe, Middle East, China and Turkey. It provides services such as product diagnosis, queue management, warranty and protection plans to its clients. In 2019, Servify was featured in Red Herring Asia Top 100 Technology company list.

<span class="mw-page-title-main">Cred (company)</span> Indian financial technology company

Dreamplug Technologies Pvt. Ltd. d/b/a CRED is an Indian fintech company, based in Bangalore. Founded in 2018 by Kunal Shah, it is a reward-based credit card payments app. CRED also allows users to make house rent payments and provides short-term credit lines.

<span class="mw-page-title-main">CIIE.CO</span> Indian startup accelerator

CIIE.CO is an Indian startup accelerator and incubator that supports early-stage startups located at IIM Ahmedabad in Ahmedabad, India. It was founded in 2002 to promote innovation and entrepreneurship in India. It is a Center of excellence set up at Indian Institute of Management Ahmedabad with support from the Government of India's Department of Science and Technology and the Government of Gujarat.

LenDenClub is an Indian P2P lending platform owned and operated by Innofin Solutions. Founded in 2015, the company's headquarters are situated in Mumbai, India.

Zerodha Broking Ltd. is an Indian stock broker and financial services company that is member of the National Stock Exchange of India (NSE), Bombay Stock Exchange (BSE), and the Multi Commodity Exchange (MCX). It offers institutional and retail brokerage, currency and commodity trading, mutual funds and bonds.

IDfy is an Indian identity verification company headquartered in Mumbai, India. It was founded in 2011 and is operated by Baldor Technologies. The company's operations are spread across Mumbai, Pune, Delhi, and Bangalore.

<span class="mw-page-title-main">Urban Company</span> Indian home service company

Urban Company is an Indian service provider company that connects individuals with professionals for home services. Founded in 2014, the company is headquartered in Gurgaon. It was founded by Raghav Chandra, Abhiraj Bhal, and Varun Khaitan. In January 2020, Urban Clap rebranded itself as Urban Company.

<span class="mw-page-title-main">Lendbox</span> A P2P lending platform

Lendbox is an Indian peer-to-peer lending and peer to peer investing non-bank financial institution founded in 2015 and based in New Delhi.

References

  1. Pillai, Shalina (8 October 2017). "Not many listed companies in the world offer free lunch". The Economic Times. Retrieved 26 November 2022.
  2. "Scripbox is a IN based company founded in 2012". Go Medici.
  3. "ESOP Management at Scripbox". MyStartupEquity.
  4. Bhakta, Pratik. "Online mutual funds distribution startup Scripbox acquires Upwardly". The Economic Times.
  5. "Want to create wealth for yourself! Here is a piece of useful news for you". Zee Business. 9 August 2019.
  6. "Wealth management platform Scripbox makes strategic investment in Mitraz Financial". The Economic Times.
  7. "Scripbox acquires investment advisor Mitraz Financial". The Hindu Business Line. 10 December 2020.
  8. Kaur, Jaspreet (8 August 2022). "Scripbox Acquires Investment Startup Wealth Managers To Grow Cumulative Consumer Base". Inc42 Media. Retrieved 2 November 2022.
  9. "Scripbox Raises Undisclosed Investment In Funding Led By Omidyar Network". Forbes India.
  10. "Emerging FinTech start-ups from India that are making a mark". Mint. 5 July 2016.
  11. Bhakta, Pratik. "Scripbox raises Rs 151 crore in Series-C Round". The Economic Times.
  12. "Scripbox Raises $21.4 Mn Series C Funding Led By Accel Partners". Inc42 Media. 12 January 2019.
  13. "Scripbox raises $21 million in funding round led by Accel Partners". The Economic Times. Retrieved 4 March 2022.
  14. "Fintech platform Scripbox makes strategic investment in Pune-based Wealth Managers". The Economic Times. Retrieved 18 August 2022.