RupeeVest

wealthtech (retail)investment platforms

FOUNDING YEAR: 2013
LOCATION: India
Last Update: 01/05/2020

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About

RupeeVest is an online investment and research platform for Mutual Funds and Corporate Fixed Deposits to help all investors plan and invest their savings in a structured and hassle-free manner using our analytical tools and customized investment solutions.

MEDICI Analysis

RupeeVest is India's first end-to-end self help online investment platform

Focus

PRODUCTS & SERVICES

Online investment platform (Self served). Significantly reduces the paperwork involved in financial services - investments, insurance, credit cards and loans.

REVENUE MODEL

Our platform is free of charge for users. We get a small fee as brokerage from the asset management companies for the business we generate with them.

MAIN CLIENTS

Retail Investors

EXISTING PARTNERSHIPS

Mutual funds

Insurance companies

Lenders.

PRIMARY PROBLEM SOLVED

• Biased / Ambiguous Research: The most popular mutual fund rating agencies and websites have primarily used only historical performance as their rating criteria. However, it has been of little help to the investors as there is no recent documented history or track record of their top rated funds’ performance. • Inadequate Information: There is widespread confusion among investors regarding the concept and various features of different categories of mutual funds. For example, most individual investors are unaware of debt mutual funds which usually provide a higher post tax return than bank FDs. • Misleading Advice: Agents often give their clients unsuitable advice or incomplete information, to sell products that offer high brokerages. As a result, the client ends up with products that do not suit his risk/return appetite.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

COMMENT

Provides the user with a clear picture of the performance of their portfolios using reports such as sector wise allocation, returns and capital gains.

company provided insights

Traction

REVENUE

$0 - $99k

NUMBER OF TRANSACTIONS:

1 K

TRANSACTIONS VALUE:

6 M

TRANSACTIONS COMMENT:

Recent trends in the Mutual Fund industry: • Demonetisation has created a surge of inflows into structured investments such as MFs • e-KYC using Aadhar is a direct step towards financial inclusion • Increased use of robo-advisory has made it simpler for investors to make investment decisions • Proportion of equity inflows has witnessed an increase in the past 2 years, predominantly led by SIPs • Very little impact of SEBI’s introduction of direct plans as distributors still contribute to almost 90% of individual investment • Special commissions for MF distribution in below 15 cities will increase semi-urban and rural penetration

ACTIVE USERS:

400

ACTIVE USERS COMMENT:

Mutual Fund Industry Overview: The mutual fund (MF) industry has had a compounded annual growth rate (CAGR) of 18% over the past 10 years. However, the CAGR over the past 6 years has accelerated further to 38% taking the industry AUM to Rs. 17.55 lakh crore as on March 2017. India’s share of Assets under Management (AUM) of MFs to GDP stands around 7.5% which is way below that of developed economies like US, Australia, UK, etc. where the share stands well above 50%, showing tremendous growth opportunity.

People

FOUNDERS

Varun Mundra

Mitul Daga

Mayank Mundra

NUMBER OF EMPLOYEES

1-10

COMMENT:

Our co-founders are from top institutes of India, working to deliver investment innovations to change the industry,build something new, something better. They bring among them diverse experiences,problem solving skills needed to address the grey areas surrounding the mutual fund investment industry. Diversity of our team has enabled us to develop products,services which need deep financial acumen as well as advanced programming skills. A combination of such skills has been the key driving force to fulfill our vision of bringing path breaking investment solutions to the individual investor.

Momentum

FUNDED

NO

LISTED

NO

For Investors

FUNDING NEEDED:

$460 K

USES OF FUNDS RAISED:

1. Team building

2. Marketing

3. Infrastructure

4. Product Development

EXIT STRATEGY

1. Acquisition or merger by a big bank or a financial services broker 2. Initial Public Offering (IPO)

MONTHS LEFT WITH CURRENT CASH BURN RATE:

4 months from 27 Sep, 2017

COMPETITORS:

FundsIndia

Scripbox

GoalWise

BASICS

FOUNDING YEAR:

2013

LOCATION:

India

Views:

145 VISITORS | 247 VIEWS
TOTAL EMPLOYEES
1-10

About

RupeeVest is an online investment and research platform for Mutual Funds and Corporate Fixed Deposits to help all investors plan and invest their savings in a structured and hassle-free manner using our analytical tools and customized investment solutions.

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

RupeeVest is India's first end-to-end self help online investment platform

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

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RupeeVest

About

RupeeVest is an online investment and research platform for Mutual Funds and Corporate Fixed Deposits to help all investors plan and invest their savings in a structured and hassle-free manner using our analytical tools and customized investment solutions.

Focus

PRODUCTS & SERVICES

A. RupeeVest Investment Solutions: A wealth management technique which devises tailor-made portfolios according to investors’ risk and return profile. B. Mutual Fund Screener: Our Mutual Fund Screener helps users scan the entire universe and choose the mutual funds that best suit their risk appetite and investment goals. C. RupeeVest Mutual Fund Rating Methodology: Our proprietary mutual fund rating methodology has a proven historical performance track record, to help investors select funds with a higher probability of outperformance. D. Corporate Fixed Deposits: Corporate FDs usually offer a higher rate of return than traditional bank FDs. E. Analytical Tools: Various interactive and analytical tools along with informative articles for investor education and informed decision making. F. Online Platform: We have designed an online research and investment portal for users to make seamless and paperless investments once the initial registration process is over.

REVENUE MODEL

Our platform is free of charge for users. We get a small fee as brokerage from the asset management companies for the business we generate with them.

TOP PROBLEM SOLVED

• Biased / Ambiguous Research: The most popular mutual fund rating agencies and websites have primarily used only historical performance as their rating criteria. However, it has been of little help to the investors as there is no recent documented history or track record of their top rated funds’ performance. • Inadequate Information: There is widespread confusion among investors regarding the concept and various features of different categories of mutual funds. For example, most individual investors are unaware of debt mutual funds which usually provide a higher post tax return than bank FDs. • Misleading Advice: Agents often give their clients unsuitable advice or incomplete information, to sell products that offer high brokerages. As a result, the client ends up with products that do not suit his risk/return appetite.

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

PRODUCT DEVELOPMENT COMMENT

1. We have a wealth management technique which devises tailor-made portfolios according to investors’ risk and return profile. 2. We have developed a robust mutual fund screener to scan the entire MF universe with an array of filters and options to choose from. We also have a live transaction portal for investments in mutual funds and corporate fixed deposits.

KEY DIFFERENTIATORS

1. Tailor made portfolios of mutual funds to help users achieve various investment goals, which can be further customized to suit their specific requirements. 2. Proprietary mutual funds rating methodology based on advanced algorithms with a historical track record of significant outperformance. 3. Mutual Fund Screener with an array of filters and screening criteria. All the relevant data of a mutual fund has been presented in an easily comprehendible and visually efficient manner making it a world-class investment and research experience. 4. Interactive and analytical tools for investor education and informed decision making.

PRIMARY CUSTOMER TYPE

Enterprise - Retailers

Enterprise - Others

Small and Medium Business - Physical Retail

Small and Medium Business - Online Retail

Small And Medium Business - Other

Consumer

PRODUCT ATTRIBUTES

Customer facing

People

FOUNDERS

Varun Mundra

Mitul Daga

Mayank Mundra

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CEO, FOUNDER: Varun Mundra

CTO: Varun Mundra

CMO, FOUNDER: Mitul Daga

COO, FOUNDER: Mayank Mundra

TEAM COMMENT:

Our co-founders are from top institutes of India, working to deliver investment innovations to change the industry,build something new, something better. They bring among them diverse experiences,problem solving skills needed to address the grey areas surrounding the mutual fund investment industry. Diversity of our team has enabled us to develop products,services which need deep financial acumen as well as advanced programming skills. A combination of such skills has been the key driving force to fulfill our vision of bringing path breaking investment solutions to the individual investor.

Momentum

FUNDED

NO

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES