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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[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]

  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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