Scripbox

From Wikipedia, the free encyclopedia
Scripbox.com
TypePrivate
IndustryFinancial Services
FoundedBengaluru, India (2012)
Headquarters
Bengaluru, Karnataka
,
India
Key people
Atul Shinghal (Founder & CEO), Sanjiv Singhal (Founder & COO)
ServicesWealth Management
AUM₹3900 crores
Websitescripbox.com Edit this on Wikidata

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[]

  1. ^ "Not many listed companies in the world offer free lunch". The Economic Times.
  2. ^ "Scripbox is a IN based company founded in 2012". Go Medici.
  3. ^ "ESOP Management at Scripbox". MyStartupEquity.
  4. ^ "Online mutual funds distribution startup Scripbox acquires Upwardly". The Economic Times.
  5. ^ "Want to create wealth for yourself! Here is a piece of useful news for you". Zee Business.
  6. ^ "Investment app Scripbox to debut in UAE and Singapore". Mint.
  7. ^ "It's time for tech-led financial service to expand to other markets: Scripbox CEO Atul Shinghal". The Economic Times.
  8. ^ "Wealth management platform Scripbox makes strategic investment in Mitraz Financial". The Economic Times.
  9. ^ "Scripbox acquires investment advisor Mitraz Financial". The Hindu Business Line.
  10. ^ "Scripbox Raises Undisclosed Investment In Funding Led By Omidyar Network". Forbes India.
  11. ^ "Emerging FinTech start-ups from India that are making a mark". Mint.
  12. ^ "Scripbox raises Rs 151 crore in Series-C Round". The Economic Times.
  13. ^ "Scripbox Raises $21.4 Mn Series C Funding Led By Accel Partners". Inc42 Media.
  14. ^ "Introducing the Content Marketing 50: Financial Services Edition [Infographic]". LinkedIn Business.
  15. ^ "2016 Red Herring Asia: Winners". Red Herring.
  16. ^ "FE Best Banks Awards: The Jury is in, countdown begins". The Financial Express.
  17. ^ "WealthTech100 – The world's most innovative WealthTech companies that every leader in the wealth and asset management industries needs to know about". FinTech Global.
  18. ^ "The Top 25 Financial Technology CEOs Of Asia For 2020 | The Financial Technology Report". The Financial Technology Report.
  19. ^ "Virtual Awards - 10th Annual awards for Entrepreneurship & Startups". Entrepreneur India.
Retrieved from ""