ET Money Acquired
ET Money is an Indian mutual-fund and wealth-management app offering direct mutual funds, stocks, NPS, fixed deposits, tax-saving tools and insurance to retail investors. It traces back to Moneysights (founded 2009 by Mukesh Kalra), which Times Internet acquired in October 2014 and relaunched as Smartspends in 2015, rebranding it ET Money in October 2016. It operated as a Times Internet…
ET Money: Funding Rounds
No funding rounds tracked for ET Money yet.
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 12 Jun 2024 | 360 ONE WAM | ET Money | ₹366 Cr (~$44M) | source |
News on ET Money
No coverage of ET Money linked yet.
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Who founded ET Money?
ET Money was founded by Mukesh Kalra in 2015.
What does ET Money do?
ET Money is an Indian mutual-fund and wealth-management app offering direct mutual funds, stocks, NPS, fixed deposits, tax-saving tools and insurance to retail investors. It traces back to Moneysights (founded 2009 by Mukesh Kalra), which Times Internet acquired in October 2014 and relaunched as Smartspends…
Where is ET Money headquartered?
ET Money is headquartered in Gurugram, Haryana, India.
What is ET Money's business model?
ET Money's core value proposition centers on Simplify the financial journey of retail consumers, Zero-commission direct mutual funds.
How does ET Money make money?
ET Money's cited revenue streams include Advisory/subscription fees (ET Money Genius), Distribution of financial products (FDs, NPS, insurance, P2P lending).