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Wealthtech Companies in India in 2022
Wealthtech Companies in India in 2022

Top 10 Wealthtech Companies in India in 2022


The wealthtech area in India has been encountering hearty development, because of the developing advanced reception and expanding financial backer interest in the fragment. The wealthtech area in India has more than 300 new businesses zeroing in on robo-warning, individual budget the executives, online financiers, speculation stages, among other abundance tech administrations. In this article, we will see the list of Top 10 Wealthtech companies in India in 2022.

The abundance of tech areas in India has encountered hearty development. A record measure of fintech is being created in India, making it one of the quickest developing fintech markets alongside the US. The pandemic has brought about a 8.2% expansion in web infiltration, which has prompted more advanced reception in India.

Moreover, the expanding admittance to abundance tech arrangements straightforwardly comes about because of expanding expendable earnings. Notwithstanding these variables, the wealthtech area in India is additionally encountering an increment in financial backer interest from Tier-II urban communities. 

As per a new report by Redseer, the Indian wealthtech market is relied upon to dramatically multiply in esteem from around US$20 billion out of 2020 to about US$63 billion by 2025. The report additionally brought up the colossal market potential for the wealthtech area on the planet’s biggest vote based system where just 2% of the populace puts resources into stocks, contrasted with 55% in the US.

Top 10 Wealthtech companies in India in 2022 :

INDWealth :

Sent off in 2019, INDWealth empowers clients to track, set aside and develop their cash. The organization’s SuperMoneyApp consequently puts together a client’s cash and proposes activities to develop reserve funds and profit across ventures, credits, costs and assessments.

Its private abundance the executives offering INDWealth, then again, centers around offering types of assistance to private family workplaces, investigators, charge administrations, progression arranging and trust administrations.

INDWealth’s foundation permits clients to keep an organized record of their accounts, covering viewpoints from advances, assessments and costs to speculation.

The AI calculation then, at that point, empowers clients to further develop incomes and arrive at monetary objectives as needs be. And it is one of the best wealthtech companies in India in 2022.

  • Address: 616, 6th Floor, Suncity Success Tower, Golf Course Extension Road, Sector – 65, Gurugram, Haryana- 122005

Zerodha

Zerodha Logo
  • Zerodha is one of the first markdown agents in Quite a while and is one of the biggest stock intermediaries in India. Zerodha has more than 5 million customers that add to more than 15% of all retail request volumes in India day by day by exchanging and putting resources into a heap of items. Zerodha clients can put resources into fates and choices, ware and money subordinates, stocks and IPOs, direct shared assets just as securities and government protections.
  • The firm permits clients to exchange liberated from cost instances of interday exchanges. Tt charges an ostensible 0.03% of the exchange or US$0.27 (INR 20), whichever is lower, for intraday exchanging of value, money, and product. And it is one of the best wealthtech companies in India in 2022.
  • Contact : 08071909543
  • Address : Zerodha H.O No.153/154 4th Cross Dollars Colony,

Opp. Clarence Public School, J.P Nagar 4th Phase,

Bangalore – 560078

Upstox

Upstox Logo

Upheld by Ratan Tata and Tiger Global, Upstox works as a work area and portable exchanging application with comparable valuing as Zerodha. Established in 2009, Upstox is enrolled under SEBI. Upstox permits its clients to put resources into stocks, items, computerized gold, fates and choices, shared assets, IPOs and new asset offers (NFOs). Upstox has raised a sum of US$29 million to date. And it is one of the best wealthtech companies in India in 2022.

  • Contact : 022 4179 2999
  • Address : 30th Floor, Sunshine Towers, Senapati Bapat Marg, Dadar (West) Mumbai – 400013

Groww

Groww app logo

Like Zerodha and Upstox, Groww is a web-based speculation stage in India. Notwithstanding, the main contrast in Groww’s contribution is that it permits clients to put resources into US stocks, that were beforehand inaccessible in the Indian market, notwithstanding other venture choices presented by comparable stages. And it is one of the best wealthtech companies in India in 2022.

Groww professes to have north of 10 million clients. Established in 2017, the startup has raised over US$142 million to date. It counts Y Combinator, Sequoia Capital India, Ribbit Capital and other set up names among its financial backers.

  • Address : 1st floor, Prom’s Complex 7th C Main Rd, Koramangala 1A Block, SBI Colony, Koramangala, Bangalore, Karnataka, India 560034
  • Contact : 91088-00604

Kuvera

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Robo-advisory players have quickly acquired conspicuousness in India throughout the most recent couple of years. Resources under administration (AUM) in the robo-warning portion of the wealthtech area in India has additionally been consistently developing, from about US$1.6 billion out of 2017 to around US$8.8 billion out of 2020.

Established in 2013, Kuvera has set up a solid traction for its asset based robo-warning administrations. The firm has AUM of around US$1.97 billion, making up an enormous portion of the market. And it is one of the best wealthtech companies in India in 2022.

The organization likewise empowers clients to handily put resources into direct shared assets and has broadened to offer interest in homegrown and US stocks, digital forms of money, fixed stores and gold.

  • Address : 24, Kodihalli 4th Main, Off Old Airport Road, Bangalore, Karnataka, India 560008
  • Contact : +91 80 43364556

Scripbox

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Like Kuvera, Scripbox is a predominant robo-counselor in the wealthtech fragment in India. Established in 2012, Scripbox permits its clients to put resources into value, obligation, and duty saving shared assets. Furthermore, the firm professes to involve science and restrictive calculations for portfolio executives.

Scripbox has north of 4,500 clients who are moguls and oversees over US$450 million in ventures. And it is one of the best wealthtech companies in India in 2022.

  • Contact : 1800-102-1265
  • Address : Scripbox

Indiqube @ The Leela Galleria

3rd floor, No. 23, Old Airport Road

Bengaluru – 560008, India.

ETMoney

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ETMoney is a web-based speculation stage and a noticeable wealthtech player in India. Established in 2015, ETMoney offers a scope of speculation choices in Mastercards and advances, protection, and monetary devices. The organization professes to be one of the quickest developing fintech new companies in the country.

In the course of the most recent two years, ETMoney’s user base has grown multiple times, while its exchange volume has seen 11x development. And it is one of the best wealthtech companies in India in 2022.

  • Address : Times Internet Limited Ecstasy IT Park, Plot 391, Udyog Vihar, Phase 3, Gurgaon, Haryana-122016
  • Contact : +91-7004-177370

WealthDesk

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WealthDesk is a venture, the board and innovation stage that deals with the whole resource, the executives and warning value chain from portfolio creation to changing those into speculation items called WealthBaskets. Established in 2016, WealthDesk works in the B2B2C portion of wealthtech in India.

It offers a Software-as-a-Service (SaaS) stage for organizations and numerous shopper centered SaaS stages (B2C) for dealers and counsels. And it is one of the best wealthtech companies in India in 2022.

  • Contact : +918588008835
  • Address : Wing A, 305 3rd floor, Rustomjee Central Park, Andheri Kurla Rd, Opp Kanakia Wall Street, Andheri East, Mumbai 400059

Cube Wealth

Cube Wealth Logo

Cube Wealth was sent off in 2018 by fintech veteran Satyen Kothari. He had recently settled Citrus Pay, which was gained by PayU in 2016. Cube Wealth is an advanced board stage that furnishes occupied experts with venture choices on its application alongside speculation counsel from specialists. The application likewise assists financial backers with making a venture portfolio with help from committed abundance counsels. On the Cube Wealth application, clients can put resources into homegrown and US values, shared assets, gold and surprisingly altruistic endeavors for an all around broadened portfolio. And it is one of the best wealthtech companies in India in 2022.

  • Address : 104, Durga Niwas CHS LTD, Tembhi Naka,Behind Lenskart.Com, Thane (West),Maharashtra,India

Sqrrl

Mutual Funds | Best Mutual Fund App | SQRRL Fintech - SQRRL

Set up in 2017, Sqrrl is an advanced venture the board stage zeroed in exclusively on common assets. Sqrrl has established its position in the market by focusing on the youthful ages – GenZ and recent college grads. Sqrrl empowers clients to naturally set aside cash from as little as US $ 1.38 (INR100), or each time they spend.

The firm additionally assists clients with putting something aside for explicit objectives. And it is one of the best wealthtech companies in India in 2022.

  • Contact : +919810125270
  • Address : NBCC Complex, Office Tower-1, 8th Floor, Plate B, East Kidwai Nagar, New Delhi – 110023

Top 10 Wealthtech companies in India in 2022 with their Website :

S.No. Wealthtech companiesWebsite
1INDWealthhttps://www.indmoney.com/
2Zerodhahttps://zerodha.com/
3Upstoxhttps://upstox.com/
4Growwhttps://groww.in/
5Kuverahttps://kuvera.in/
6Scripboxhttps://scripbox.com/
7ETMoneyhttps://www.etmoney.com/
8WealthDeskhttps://www.wealthdesk.in/
9Cube Wealthhttps://www.bankoncube.com/
10Sqrrlhttps://sqrrl.in/

FAQs on Top 10 Wealthtech companies in India in 2022 :

How many Fintech companies are there in India?

  • Bangalore drove the energy in the fintech area with the most number of new companies at 447 as of 2020.At just about 2,200 just in Bangalore and Mumbai, the two metros made up 42% of all fintech new businesses during the deliberate time span.

What are the different types of fintech?

  • Lending. 
  • Payments. 
  • International Money Transfers. 
  • Personal Finance. 
  • Equity Financing. 
  • Consumer Banking. 
  • Insurance. 
  • Ant Financial.

When did Fintech start in India? 

  • The year 2015 was an early stage for the Indian fintech area, which saw the development of various fintech new businesses, hatcheries and speculations from public and private financial backers.

What does Fintech stand for? 

  • Financial technology (Fintech) is utilized to portray new tech that tries to improve and computerize the conveyance and utilization of monetary administrations.

Is Fintech a good career?

  • FinTech is a superb vocation choice for technically knowledgeable engineers and business people who can imagine better approaches for conveyance monetary items and administrations.

Which is the first FinTech Company in India?

  • Fino Payments Bank 

Which country has the highest FinTech adoption rate?

  • India

How fast is FinTech growing?

  • The global FinTech market will reach $190 billion by 2026, growing at 13.7% CAGR.

What skills are needed in fintech?

  • Analytical skills.
  • Knowledge of artificial intelligence (AI) 
  • Multitasking. 
  • Cybersecurity knowledge. 
  • Communication skills.
  • Coding skills.

Who regulates Fintech companies in India?

  • The RBI.

Conclusion

While the rundown contains probably the most noticeable wealthtech players in India, it isn’t thorough. As the wealthtech space in India develops increasingly swarmed, all things considered, more new companies will acquire a portion of the overall industry.

Some other wealthtech new companies not highlighted on the rundown yet that additionally appreciate extensive ubiquity incorporate screener, Trendyline, 5paisa, MarketsMojo, to give some examples.


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