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
Funding History
Funding Per Year
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
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
Elever Key People
People Metrics
Current Core Team4
Board Members/Directors4
Elever Documents