Nivesh.com is owned by Providential Advisory Services Private Limited, founded by Anurag Garg in 2016. Prior to starting Nivesh.com, Anurag Garg co-founded mutualfundsindia.com, which was later acquired by rating agency ICRA. Sridhar Srinivasan, previously heading Indian operations at Visible Alpha, joined later as Co-founder & CTO.
Nivesh.com started with a seed round in Nov 16/Feb 17 with investments from Rahul Gupta, CEO of Right Global Infosolutions and former president at private equity firm Sonoma Management Partners, Sandeep Shroff, CEO of Silicon Valley-based MyStartUpCFO.com and former head of investors relations at Infosys, and P V Sahad, founder and former CEO of the VCCircle Network.
A LetsVenture-led angel round in May 2018 featured Google India MD – Rajan Anandan and former Infosys Global Sales Head – Basab Pradhan as major angel investors. Other investors include Vivek Khare, Advisor Corporate Development at Naukri.com, Debasish Hota, CEO at CompuGain Corporation, USA, Windrose Capital, Bijoy George, Partner at Full Circle Tech LLP, and LetsVenture LLC.
Awards and Recognition
Winner of “Startup Superhero Hunt 2018” organized by Entrepreneur Magazine in January 2018.
Nivesh.com created a record of registering 1100 SIPs on a single day (25th July 2018).
HDFC Mutual Fund awarded Nivesh.com with “Noble White Winner Upper Crust Award” (2017-18).