Scripbox
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| Company type | Private |
|---|---|
| Industry | Financial Services |
| Founded | Bengaluru, India (2012) |
| Headquarters | , India |
Key people | Atul Shinghal (Founder & CEO), Sanjiv Singhal (Founder & COO) |
| Services | Wealth Management |
| AUM | ₹12000 crores |
| Website | scripbox |
Scripbox (officially known as Scripbox.com India Private Limited) is a Bengaluru-based digital wealth management service founded in 2012.[1]
History
[edit]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
[edit]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]
References
[edit]- ^ Pillai, Shalina (8 October 2017). "Not many listed companies in the world offer free lunch". The Economic Times. Retrieved 26 November 2022.
- ^ "Scripbox is a IN based company founded in 2012". Go Medici.
- ^ "ESOP Management at Scripbox". MyStartupEquity.
- ^ Bhakta, Pratik. "Online mutual funds distribution startup Scripbox acquires Upwardly". The Economic Times.
- ^ "Want to create wealth for yourself! Here is a piece of useful news for you". Zee Business. 9 August 2019.
- ^ "Wealth management platform Scripbox makes strategic investment in Mitraz Financial". The Economic Times.
- ^ "Scripbox acquires investment advisor Mitraz Financial". The Hindu Business Line. 10 December 2020.
- ^ Kaur, Jaspreet (8 August 2022). "Scripbox Acquires Investment Startup Wealth Managers To Grow Cumulative Consumer Base". Inc42 Media. Retrieved 2 November 2022.
- ^ "Scripbox Raises Undisclosed Investment In Funding Led By Omidyar Network". Forbes India.
- ^ "Emerging FinTech start-ups from India that are making a mark". Mint. 5 July 2016.
- ^ Bhakta, Pratik. "Scripbox raises Rs 151 crore in Series-C Round". The Economic Times.
- ^ "Scripbox Raises $21.4 Mn Series C Funding Led By Accel Partners". Inc42 Media. 12 January 2019.
- ^ "Scripbox raises $21 million in funding round led by Accel Partners". The Economic Times. Retrieved 4 March 2022.
- ^ "Fintech platform Scripbox makes strategic investment in Pune-based Wealth Managers". The Economic Times. Retrieved 18 August 2022.
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