Key Metrics
- No. of Employees59
- Founded Year 2016
- Company StagePrivate Limited Company
- Total Funding₹39.76 Cr
- Industry
- Headquarter
- Company StatusActive
About The Money Club
Money Club have built a deep tech group savings platform where users save money with other verified peers in government registered funds, allowing 400m lower middle-class Indians to save safely and securely. They have already enabled over 1/2 million consumers to save, and we are growing 300% year over year in this $100bn market.
Business Model
The Money Club operates as an AI-driven online platform for peer-to-peer chit funds, committees, or beesis. Users can join a Money Club with like-minded individuals from across India to save or invest money collectively. The platform enables borrowing money during emergencies based on invested amounts. It offers verified member groups for pooled funds and financial transactions.
The Money Club Funding Details
Funding Highlights
Latest Funding RoundSeries A
Total Funding Raised₹39.76 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors2
Investors
- SOSV, LetsVenture
Note:
Valuation as on Sep 28, 2021
Funding Details
Funding History
Funding Per Year
The Money Club Financial Details
Financial Highlights
FY 2023-24 Revenue₹3.43 Cr
FY 2023-24 Expenses₹13.14 Cr
FY 2023-24 Profit/Loss-₹7.34 Cr
Net Cash Flow From OperationsUndisclosed
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
The Money Club Key People
People Metrics
Current Core Team1
Board Members/Directors3
The Money Club Documents