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]

Contents

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]

Awards

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References

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  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.
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  10. "Emerging FinTech start-ups from India that are making a mark". Mint. 5 July 2016.
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  13. "Scripbox raises $21 million in funding round led by Accel Partners". The Economic Times. Retrieved 4 March 2022.
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