ArthaYantra

wealthtech-retailpersonal finance management

FOUNDING YEAR: 2007
LOCATION: India
Last Update: 10/07/2020

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About

ArthaYantra is an online financial planning platform providing unbiased, holistic and personal financial advice.

MEDICI Analysis

ArthaYantra is an online financial planning platform providing unbiased, holistic and personal financial advice.

Focus

PRODUCTS & SERVICES

Risk Planning, Investment Planning, Tax Planning. It curtails unnecessary spending on financial advice by offering low cost tech-based innovative solutions.

REVENUE MODEL

Subscription based revenue model. Commission charged on products purchased

MAIN CLIENTS

Retail investors

EXISTING PARTNERSHIPS

Faujnet - To offer financial advice to their customer base.

PRIMARY PROBLEM SOLVED

Ability to interconnect various aspects of financial decision making to generate advice across investments, insurance, goal planning, tax planning, estate planning, expense managemenbt Access to high quality financial advice to middle Income households

INTELLECTUAL PROPERTY

Patent(s) FILED

COMMENT

It replaces the traditional human advisor and generates customized personal finance advice instantly

Traction

REVENUE

$100k - $499

REVENUE COMMENT:

For majority of the active customers, they execute more than 2 transactions through our platform

NUMBER OF TRANSACTIONS:

50 M

TRANSACTIONS VALUE:

8 M

ACTIVE USERS:

0.0600

ACTIVE USERS COMMENT:

Growing user base by 20% month on month

People

FOUNDERS

Nitin B. Vyakaranam

BOARD MEMBERS AND ADVISORS

Michael Meyer

Vikram Kuriyan

Vivek Mansingh

Ramana Sonti

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Jupiter Capital

WFA Global Investments

COMMENT:

Top management has deep domain expertise,a passion to redefine how wealth management works globally. We have a team of dedicated financial advisors,certified financial planners who work towards providing unbiased, holistic advice to customers

Momentum

FUNDED

YES

DATE OF LAST FUNDING

Jan 2019

SEED CLOSED ON

Nov 2012

LISTED

NO

For Investors

FUNDING NEEDED:

$15 M

USES OF FUNDS RAISED:

1. Marketing/Brand awareness

2. Technology

3. New market studies

EXIT STRATEGY

IPO

MONTHS LEFT WITH CURRENT CASH BURN RATE:

24 months from 28 Apr, 2017

BASICS

FOUNDING YEAR:

2007

LOCATION:

India

Views:

163 VISITORS | 312 VIEWS
TOTAL EMPLOYEES
51-200

About

ArthaYantra is an online financial planning platform providing unbiased, holistic and personal financial advice.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

ArthaYantra is an online financial planning platform providing unbiased, holistic and personal financial advice.

Focus+
Momentum+
Traction+
People+
For Investors+
Other+

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ArthaYantra

About

ArthaYantra is an online financial planning platform providing unbiased, holistic and personal financial advice.

Focus

PRODUCTS & SERVICES

Risk Planning, Investment Planning, Tax Planning. It curtails unnecessary spending on financial advice by offering low cost tech-based innovative solutions.

REVENUE MODEL

Subscription based revenue model. Commission charged on products purchased

TOP PROBLEM SOLVED

Ability to interconnect various aspects of financial decision making to generate advice across investments, insurance, goal planning, tax planning, estate planning, expense managemenbt Access to high quality financial advice to middle Income households

PRODUCT DEVELOPMENT STAGE

V2.0 or BEYOND

PRODUCT DEVELOPMENT COMMENT

Arthos in a box to support deployment across multiple geographies and multiple regulatory environment

KEY DIFFERENTIATORS

Full Service Advisory Advice Driven Sales Proprietary Technology Exclusive Product Access

PRIMARY CUSTOMER TYPE

Enterprise - Others

Small And Medium Business - Other

Consumer

PRODUCT ATTRIBUTES

SaaS

Customer facing

Other

STRATEGIC CLIENTS AND PARTNERSHIP

SEBI : Registered with SEBI as investment advisor

People

FOUNDERS

Nitin B. Vyakaranam

NUMBER OF EMPLOYEES

51-200

KEY EMPLOYEES:

CEO: Nitin Vyakaranam

FOUNDER: Nitin B. Vyakaranam

TEAM COMMENT:

Top management has deep domain expertise,a passion to redefine how wealth management works globally. We have a team of dedicated financial advisors,certified financial planners who work towards providing unbiased, holistic advice to customers

BOARD MEMBERS AND ADVISORS:

Michael Meyer, Vikram Kuriyan, Vivek Mansingh, Ramana Sonti

INVESTORS:

Jupiter Capital

Jupiter Capital

Jupiter Capital

WFA Global Investments

WFA Global Investments

WFA Global Investments

WFA Global Investments

Momentum

FUNDED

YES

TOTAL FUNDING:

$3 M

LISTED

NO

FUNDING SERIES
Series A Apr 2017 --- USD3 M Comment on Series A Single Institutional investor