Scripbox
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Type | Private |
---|---|
Industry | Financial Services |
Founded | Bengaluru, India (2012) |
Headquarters | Bengaluru, Karnataka , India |
Key people | Atul Shinghal (Founder & CEO), Sanjiv Singhal (Founder & COO) |
Services | Wealth Management |
AUM | ₹3900 crores |
Website | scripbox |
Scripbox.com India Private Limited is a Bengaluru based digital wealth management service founded in 2012.[1]
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 become a player 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 with a focus on mutual funds. During the time of the merger, Upwardly had assets under management (AUM) of Rs. 250 crore.[4][5]
In July 2020, the company announced its foray into the international market for non-residential Indians (NRIs) specifically in the United Arab Emirates and Singapore.[6][7]
In December 2020, Scripbox announced its strategic investment in Mitraz Financial, a SEBI registered investment advisor that had been providing personalised financial advisory services to high net worth individuals (HNIs) and ultra high net worth individuals (UHNIs). [8][9]
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. [10][11] Scripbox raised ₹151 crore from Accel, Omidyar, and NLI Strategic in its Series C round.[12][13]
Awards[]
- Ranked 2nd Most Influential Financial Services Brand on LinkedIn in 2015.[14]
- Red Herring Asia 2016 ranked Scripbox amongst the year's most promising 100 private technology ventures in Asia. [15]
- The winner in FinTech category for FE-EY Best Banks Survey 2016-17.[16]
- FinTech Global has included Scripbox in WealthTech100, a list of the world's 100 most innovative companies[17]
- Founder and CEO, Atul Shinghal was named one the Top 25 Financial Technology CEOs Of Asia For 2020 by The Financial Technology Report [18]
- Founder and CEO, Atul Shinghal received the Entrepreneur of the Year in Service Business - Financial award by Entrepreneur India in 2020[19]
References[]
- ^ "Not many listed companies in the world offer free lunch". The Economic Times.
- ^ "Scripbox is a IN based company founded in 2012". Go Medici.
- ^ "ESOP Management at Scripbox". MyStartupEquity.
- ^ "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.
- ^ "Investment app Scripbox to debut in UAE and Singapore". Mint.
- ^ "It's time for tech-led financial service to expand to other markets: Scripbox CEO Atul Shinghal". The Economic Times.
- ^ "Wealth management platform Scripbox makes strategic investment in Mitraz Financial". The Economic Times.
- ^ "Scripbox acquires investment advisor Mitraz Financial". The Hindu Business Line.
- ^ "Scripbox Raises Undisclosed Investment In Funding Led By Omidyar Network". Forbes India.
- ^ "Emerging FinTech start-ups from India that are making a mark". Mint.
- ^ "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.
- ^ "Introducing the Content Marketing 50: Financial Services Edition [Infographic]". LinkedIn Business.
- ^ "2016 Red Herring Asia: Winners". Red Herring.
- ^ "FE Best Banks Awards: The Jury is in, countdown begins". The Financial Express.
- ^ "WealthTech100 – The world's most innovative WealthTech companies that every leader in the wealth and asset management industries needs to know about". FinTech Global.
- ^ "The Top 25 Financial Technology CEOs Of Asia For 2020 | The Financial Technology Report". The Financial Technology Report.
- ^ "Virtual Awards - 10th Annual awards for Entrepreneurship & Startups". Entrepreneur India.
- Financial services companies established in 2012
- Financial services companies of India
- Indian companies established in 2012
- 2012 establishments in Karnataka
- Companies based in Bangalore