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Scripbox.com

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Scripbox.com
File:Scripboxlogo.jpg
Private
ISIN🆔
IndustryFinancial Services
Founded 📆Bengaluru, India (2012)
Founder 👔
Headquarters 🏙️, ,
India
Area served 🗺️
Key people
Atul Shinghal (Founder & CEO), Sanjiv Singhal (Founder & COO)
ServicesWealth Management
💎 AUM₹12000 crores
Members
Number of employees
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

Scripbox (officially known as 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 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

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 management (AUM) to ₹12,000 Crore as of August, 2022.[14]

References

  1. ↑ Pillai, Shalina (8 October 2017). "Not many listed companies in the world offer free lunch". The Economic Times. Retrieved 26 November 2022.
  2. ↑ "Scripbox is a IN based company founded in 2012". Go Medici.
  3. ↑ "ESOP Management at Scripbox". MyStartupEquity.
  4. ↑ Bhakta, Pratik. "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. 9 August 2019.
  6. ↑ "Wealth management platform Scripbox makes strategic investment in Mitraz Financial". The Economic Times.
  7. ↑ "Scripbox acquires investment advisor Mitraz Financial". The Hindu Business Line. 10 December 2020.
  8. ↑ Kaur, Jaspreet (2022-08-08). "Scripbox Acquires Investment Startup Wealth Managers To Grow Cumulative Consumer Base". Inc42 Media. Retrieved 2022-11-02.
  9. ↑ "Scripbox Raises Undisclosed Investment In Funding Led By Omidyar Network". Forbes India.
  10. ↑ "Emerging FinTech start-ups from India that are making a mark". Mint. 5 July 2016.
  11. ↑ Bhakta, Pratik. "Scripbox raises Rs 151 crore in Series-C Round". The Economic Times.
  12. ↑ "Scripbox Raises $21.4 Mn Series C Funding Led By Accel Partners". Inc42 Media. 12 January 2019.
  13. ↑ "Scripbox raises $21 million in funding round led by Accel Partners". The Economic Times. Retrieved 2022-03-04.
  14. ↑ "Fintech platform Scripbox makes strategic investment in Pune-based Wealth Managers". The Economic Times. Retrieved 2022-08-18.


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