Scripbox

Scripbox recommends the right portfolio of mutual funds and an easy one-click method of investing in them.

Scripbox simplifies mutual fund investing by eliminating the confusion created by many choices, offering an online portfolio of four scientifically selected mutual funds.

Scripbox simplifies mutual fund investment for salaried professionals by eliminating the confusion created by varied information and vague investment advice.

Scripbox's 2020 acquisition of Mitraz Financial was aimed to expand its offerings to the UHNW segment and strengthen its presence in India's evolving wealth management space.

Series D funds were earmarked in part to help Scripbox partner with more independent financial advisors, per the company.

Scripbox operates as an online investing platform that distributes mutual funds in India, reaching customer presence in 370 cities and towns across all states and union territories as of 2016.

Scripbox used part of its Series D funds to partner with more independent financial advisors as a distribution channel.

Scripbox has grown its channel reach by acquiring regional wealth management firms' client bases, including Bluechip Capital's mutual fund distribution business in North India and Pune-based Wealth Managers.

Scripbox's platform uses algorithmic analysis to recommend mutual fund portfolios and accepts UPI-based payments for investing.

Scripbox has pursued a strategy of acquiring independent wealth-management and advisory firms (Upwardly, Mitraz Financial, Wealth Managers, Bluechip Capital) to build a scalable, tech-led wealth management model.

Scripbox has acquired Upwardly (2019), Mitraz Financial (2020), Wealth Managers (2022) and Bluechip Capital (2026) to combine wealth-management expertise and expand its customer base and geographic footprint.

Scripbox's investment advisory is run through Scripbox Wealth Managers Private Limited, a SEBI Registered Non-Individual Adviser (SEBI Registration Number INA200001041).

Mutual fund brokerage/commission was Scripbox's largest revenue line, contributing 82% of operating revenue in FY25.

Portfolio Management Services (PMS) brokerage contributed Rs 8.66 crore in FY25.

Scripbox earned Rs 7.6 crore from investment advisory fees in FY25.

Scripbox earned Rs 1.14 crore from portfolio management service fees in FY25, alongside other sources including fixed deposits, sovereign gold bonds and AIFs.