Kuvera
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Kuvera - overview
Established
2016
Location
Bangalore, Karnataka, India
Primary Industry
Financial Services
About
Founded in 2016 and based in Karnataka, India, Arevuk Advisory Services Private Limited, doing business as Kuvera, operates as a wealth management company. The company was founded by its CEO, Gaurav Rastogi, and COO, Neelabh Sanyal. In February 2024, Dreamplug Technologies Pvt Ltd. , a portfolio company of Sequoia Capital, General Catalyst Partners, Insight Partners, and Greenoaks Capital, acquired Kuvera from Eight Road Ventures in cash and stocks.
Kuvera provides a financial planning and investment platform that allows users to invest in various investment options, including mutual funds, fixed deposits, Indian and US stocks, as well as tax-saving solutions. The firm provides tools for tax harvesting, family account management, and portfolio consolidation to individual investors.
Current Investors
Eight Roads Ventures, CRED
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.kuvera.in
Verticals
FinTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Kuvera - timeline of key events
Kuvera - financials
| Fiscal Year Ended | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 28,378 | 2,968,531 | 2,568,219 | 17,491,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | 10360.7% | (13.5%) | 581.1% | - | - | - |
| EBITDA (USD) | (11,546,162.9) | (7,418,002.8) | (21,982,383) | (94,366,087) | (105,365,000) | - | - | - |
| Operating Income (USD) | (11,602,595.9) | (7,461,217.8) | (22,012,197) | (95,193,476) | (106,525,000) | - | - | - |
| Operating Margin | - | (26292.3%) | (741.5%) | (3706.6%) | (609.0%) | - | - | - |
| % EBITDA Margin | - | (26140.0%) | (740.5%) | (3674.4%) | (602.4%) | - | - | - |
| NET Income (USD) | (11,221,210) | (7,240,242.8) | (21,903,206) | (95,108,043) | (106,591,000) | - | - | - |
| % Net Margin | - | (25513.6%) | (737.8%) | (3703.3%) | (609.4%) | - | - | - |
Kuvera - employee data
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