Kuvera Overview
- Year Founded
-
2016

- Status
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Acquired/Merged
- Employees
-
114

- Latest Deal Type
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M&A
Kuvera General Information
Description
Developer of financial planning and investment platform designed to import investments from other platforms for one consolidated view. The company's platform facilitates investors to put money in mutual funds' direct plans which offer higher returns than regular plans by saving on third-party commissions, enabling users to reach financial goals and making investment recommendations suitable to their risk appetite and investment objectives.
Contact Information
Website
www.kuvera.in(Operating Subsidiary)
Corporate Office
- Number 106, 3rd Floor, Above Bank of Baroda
- Gandhi Bazaar Main Road, Basavanagudi
- Bangalore, 560004
- India
Corporate Office
- Number 106, 3rd Floor, Above Bank of Baroda
- Gandhi Bazaar Main Road, Basavanagudi
- Bangalore, 560004
- India
Kuvera Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Merger/Acquisition | 06-Feb-2024 | Completed | Generating Revenue | |||
4. Later Stage VC (Series B1) | 21-Sep-2021 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 16-Apr-2019 | Completed | Generating Revenue | |||
2. Seed Round | 03-Mar-2018 | $248K | $531K | Completed | Generating Revenue | |
1. Angel (individual) | 13-May-2016 | $283K | $283K | Completed | Startup |
Kuvera Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Preference | ||||||||
Preference | ||||||||
Preference | 2,568 | $0.543635 | $94.7 | $94.7 | 1x | $94.7 | 1.82% | |
Preference | 12,770 | $0.543635 | $20.03 | $20.03 | 1x | $20.03 | 9.07% |
Kuvera Comparisons
Industry
Financing
Details
Kuvera Competitors (25)
One of Kuvera’s 25 competitors is FundsIndia, a Private Equity-Backed company based in Chennai, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
FundsIndia | Private Equity-Backed | Chennai, India | ||||
Scripbox | Venture Capital-Backed | Bengaluru, India | ||||
OroWealth | Private Equity-Backed | Mumbai, India | ||||
5nance.com | Formerly VC-backed | Mumbai, India | ||||
smallcase | Venture Capital-Backed | Bangalore, India |
Kuvera Signals
Kuvera Former Investors (6)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Angel (individual) | Minority | |||
Angel (individual) | Minority | |||
Angel (individual) | Minority | |||
Fidelity International Strategic Ventures | Venture Capital | Minority | ||
Angel (individual) | Minority |
Kuvera FAQs
-
When was Kuvera founded?
Kuvera was founded in 2016.
-
Where is Kuvera headquartered?
Kuvera is headquartered in Bangalore, India.
-
What is the size of Kuvera?
Kuvera has 114 total employees.
-
What industry is Kuvera in?
Kuvera’s primary industry is Financial Software.
-
Is Kuvera a private or public company?
Kuvera is a Private company.
-
What is Kuvera’s current revenue?
The current revenue for Kuvera is
. -
How much funding has Kuvera raised over time?
Kuvera has raised $9.9M.
-
Who are Kuvera’s investors?
Fidelity International Strategic Ventures, and are 5 of 6 investors who have invested in Kuvera.
, , , -
Who are Kuvera’s competitors?
FundsIndia, Scripbox, OroWealth, 5nance.com, and smallcase are some of the 25 competitors of Kuvera.
-
When was Kuvera acquired?
Kuvera was acquired on 06-Feb-2024.
-
Who acquired Kuvera?
Kuvera was acquired by CRED.
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