Alphafront Finserv Pvt Ltd.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Alphafront Finserv Pvt Ltd. - overview

Location

Bangalore, Karnataka, India

Primary Industry

Financial Services

About

Alphafront Finserv Pvt Ltd. is a financial technology company based in Bangalore, India, specializing in goal-based investing solutions for individual investors and financial advisors. Alphafront Finserv Pvt Ltd. operates under the brand Goalwise, providing innovative investment solutions.


The company was founded in Bangalore, India, and has not undergone any significant changes in its business strategy. The firm raised INR 68. 79 million in March 2022 from Finnew Solutions Private Limited, bringing the total amount raised to INR 68. 79 million.


The current company valuation stands at INR 2,971. 25 million. Goalwise offers a suite of financial technology solutions designed to streamline investment processes for both individual investors and financial advisors. Their core products focus on goal-based investing, providing users with tools to set specific financial objectives and tailor their investment strategies accordingly.


The platform enables users to track their financial progress and make informed decisions, addressing the need for personalized investment solutions in an increasingly complex financial landscape. Goalwise primarily operates in the Indian market, catering to a diverse clientele, including retail investors and financial institutions seeking to enhance their service offerings. In the most recent fiscal year 2023, Goalwise generated revenue of INR 851,022. 40 with an EBITDA of INR -430,077.


80. The company primarily earns revenue through subscription-based models and transaction fees associated with its investment services. Alphafront Finserv Pvt Ltd. plans to leverage the recent funding of INR 68.


79 million to enhance its product offerings and expand its market reach. The company is in the process of developing new features aimed at improving the user experience and is targeting the expansion into additional geographic markets. Specific new markets have not been disclosed, but the firm is looking to grow its footprint in the evolving financial technology sector. The upcoming product launches are designed to align with the company’s strategy to address the growing demand for digital investment solutions.


Current Investors

Primary Industry

Financial Services

Sub Industries

e-Financial, Investment Banking

Website

www.goalwise.com

Verticals

FinTech

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.