Key Metrics
  • No. of Employees15
  • Founded Year 2020
  • Company StagePrivate Limited Company
  • Total Funding₹5.9 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About Elever

India’s one-of-a-kind, goal-based investing app fully personalized to help customers achieve their lifestyle goals. Elever designed to have a human-centred soul and an artificial intelligence driven mind. In other words, easy for people at any level of financial expertise to interact with it, and high-tech enough to build, execute, and manage a fully customised financial strategy to help everyone achieve their dreams.

Business Model

Elever is an investing platform that allows users to invest in fractional shares of stocks and ETFs. Elever charges a significantly lower commission than traditional brokerage firms and also has a premium plan that offers access to features such as research tools, educational content, and customer support.

Top Competitors
ST
StratzyU72900MH2021PTC363390
SM
SmallcaseU74900KA2015PTC081722
UP
UpstoxU74900DL2009PTC189166
ZE
ZerodhaU65929KA2018PLC116815
Elever Funding Details
Funding Highlights
Latest Funding RoundSeed
Total Funding Raised₹5.9 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
  • Asia Impact Investments
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Elever Financial Details
Financial Highlights
FY 2023-24 Revenue₹87.28 Lakh
FY 2023-24 Expenses₹69.49 Cr
FY 2023-24 Profit/Loss-₹19.54 Cr
Net Cash Flow From Operations-₹52.49 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Elever Key People
People Metrics
Current Core Team4
Board Members/Directors4

Core Team

SR
Santosh RCo-Founder & CMO
KA
Karan AggarwalCo-Founder
AS
Anshul SharanCo-Founder & CEO
RS
Ramakrishnan SubramaniamCo-Founder & CTO

Board Members/Directors

KA
Karan AggarwalDirector
NM
Neeraj MaheshwariDirector
AS
Anshul SharanDirector
RS
Ramakrishnan SubramaniamDirector
Elever Documents

AY - 2020-21

Profit and Loss statement - Elever - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Elever for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Elever - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Elever for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Elever - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Elever for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Elever - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Elever for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - Elever - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Elever for FY 2022-23
₹249.00 ₹498.00
Balance sheet - Elever - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Elever for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Elever - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Elever for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Elever - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Elever for FY 2023-24
₹249.00 ₹498.00

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