Wealthtech startup Univest, led by CEO Pranit Arora, is on track to achieve profitability in FY26 as it expands into the mutual fund advisory and distribution business. With a 3.5X year-over-year (YoY) revenue growth to ₹44.1 crore in FY25, Univest aims for a 250% YoY revenue surge, crossing the ₹150 crore mark this fiscal year. Univest’s revenue hike is fueled by increasing subscriptions and growth in its brokerage services, propelling the startup towards financial success.
Founded in 2022 and based in Delhi NCR, Univest provides advisory services to retail investors through its platform staffed by SEBI-registered advisors. Offering subscription plans starting at ₹5 per day for stock research, Univest boasts over 5 lakh paid users and 75 lakh app downloads. Transitioning into a full-stack trading ecosystem, Univest entered the stock broking segment last year, with broking revenue accounting for 10-12% of overall revenue, set to rise to 30% next year.
The startup’s strategic move into mutual fund advisory and distribution aligns with its growth trajectory, positioning Univest for increased market presence and revenue diversification. Univest’s journey towards profitability reflects its commitment to expansion in the wealthtech sector.
Source: Inc42 Media