Enrich Money
Enrich Money is a Bangalore-based SEBI-registered online brokerage and wealth-tech platform offering stocks, derivatives, commodities, mutual funds, IPOs, bonds, and ETFs to Indian individual investors via its ORCA mobile app and web platform.
- Company typePrivate
- Founded2013
- HeadquartersBangalore, India
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Enrich Money does
Enrich Money, legally Enrich Financial Market Pvt Ltd, is a Bangalore-headquartered (with registered office in Chennai) online trading and wealth-tech platform serving Indian individual investors since 2013. The firm operates as a SEBI-registered Research Analyst (INH000019974) and holds memberships on MCX (55250), NSE (90145), BSE (6744), and CDSL DP ID (12092400), enabling it to offer a full-stack brokerage across cash equities, equity derivatives, commodity derivatives, currency derivatives, IPO distribution, mutual funds, bonds (Sovereign Gold Bonds, G-Secs, T-Bills, Corporate Bonds, SDLs), and ETFs.
Its core product is the ORCA mobile application, supplemented by the Web Hunt web-based trading platform, Orca Chart for advanced technical analysis, and TradeMode for AI-assisted multi-leg options strategies. Supporting modules include the Knowledge Center, Expert Webinar sessions, Live Levels (support/resistance/pivot indicators), Share Chart, Equity and Commodity research reports, and a Brokerage Calculator. The platform reports 1M+ app installs and 98% user satisfaction as headline engagement metrics.
The business model is a self-serve retail brokerage targeting individual investors across India, monetized through brokerage commissions, transaction fees, and ancillary research/advisory services. Distribution is primarily digital via the Orca app and website, augmented by nine branch offices across Tamil Nadu, Karnataka, Maharashtra, Telangana, Kerala, and West Bengal, plus an ONDC integration enabling Rs. 10 SIP investments — a first among Indian stock brokers. Headcount is in the 101-250 range, and the company disclosed $5M in seed funding in January 2025.
Enrich Money firmographics
Firmographics- Name
- Enrich Money
- Legal name
- Enrich Financial Market Pvt Ltd
- Website
- https://enrichmoney.in
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Enrich Money is a Bangalore-based SEBI-registered online brokerage and wealth-tech platform offering stocks, derivatives, commodities, mutual funds, IPOs, bonds, and ETFs to Indian individual investors via its ORCA mobile app and web platform.
- Ownership category
- akta.pro rank
Enrich Money industry classification
Industry- Product category
- Retail Brokerage
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221), Investment Advice (6282)
- akta.pro primary industry
- Execution-Only / Self-Directed Investing Platforms (FSAAAAAI)
Keywords
Where Enrich Money is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Enrich Money business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Distribution channels1 record
Marketing channels3 records
Enrich Money product offering
Product offeringCore offering
Enrich Money is a SEBI-registered online retail brokerage and wealth-tech platform serving Indian investors through its proprietary ORCA mobile and web applications. Customers can trade equities, equity derivatives, commodities (MCX) and currency derivatives, and invest in IPOs, mutual funds, bonds (sovereign gold bonds, government securities, treasury bills, corporate bonds, state development loans), and ETFs, with integrated research, charting and AI-driven options strategy tools.
Product overview
Enrich Money is a stock brokerage platform offering a unified product ecosystem centered around the Orca mobile app and web-based trading platforms. The core offering includes the Orca application which provides integrated access to stocks, equity derivatives, commodity trading, currency trading, IPO investments, mutual funds, bonds, and ETFs. Supporting products include the Orca Chart advanced charting platform, TradeMode AI-driven options platform, Live Levels for technical analysis, Knowledge Center for investor education, and various research tools including Equity Reports and Commodity Reports. The company also offers web-based trading through Web Hunt and maintains a network of branches across India.
Differentiator
Problem solved
Functional benefit
Brands
- Orca: A comprehensive investing platform that brings stock analysis, mutual funds, IPOs, bonds, ETFs, charts, research, and market tools into one platform.
- TradeMode
- Orca Chart
- Web Hunt
Products and services
- ORCA Mobile App A comprehensive mobile investing platform that brings stock analysis, mutual funds, IPOs, bonds, ETFs, charts, research and market tools into one unified application for Indian retail investors. Available on Android (Google Play) and iOS (App Store) with sub-five-minute Demat account onboarding.
- Web Hunt Web-based trading platform complementing the ORCA mobile application, providing desktop-accessible trading and investment access for Indian retail investors.
- ORCA Chart An industry-first advanced charting platform for technical analysis and market research, providing professional-grade charting tools to investors and traders.
- TradeMode A next-gen AI-driven options platform offering 34 pre-configured multi-leg option strategies for automated options trading by Indian retail traders.
Quantifiable outcome
- 98% User Satisfaction
Companies that use Enrich Money
Customer profileSegments1 record
Ideal customer profiles1 record
Enrich Money technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Enrich Money partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- Business LineminorPress release coverage about Orca Chart - an industry-first advanced charting platform launch.
- Business StandardminorPress release coverage in Business Standard about the launch of TradeMode - a next-gen AI-driven options platform with 34 pre-configured multi-leg option strategies.
- The HinduminorCoverage about Orca - India's first one-stop platform for learning, analyzing and investing in capital markets launched by Enrich Money.
- ONDC (Open Network for Digital Commerce)coreEnrich Money became India's First Stock Broker to Launch Rs. 10 SIP's on ONDC-Enabled ORCA App, enabling minimum SIP investments of just Rs. 10 through the Open Network for Digital Commerce platform.
- Hindustan TimesminorFeatured story in Hindustan Times about Enrich Money securing $5 Million seed funding to revolutionize financial empowerment in India.
Scale indicators4 records
Recent moves5 records
Expansion highlights6 records
Enrich Money competitors and assessment
Company assessmentEmerging players
- Kuvera: India-focused direct mutual fund platform offering commission-free MF investing, bonds, and financial planning tools. Comparable as a digital wealth platform in the Indian retail segment, though more narrow in asset coverage.
Broad incumbents
- Robinhood: US-listed self-directed investing platform offering stocks, options, ETFs, and crypto with mobile-first UX. Comparable as a benchmark for execution-only/self-directed investing platform business model.
- ICICI Direct: One of India's largest full-service brokers backed by ICICI Bank, offering a comprehensive suite including equities, derivatives, mutual funds, IPOs, bonds, and research. Comparable as a regulated, multi-asset Indian broker, but with bank-distribution scale.
Direct peers
- Paytm Money: Fintech-led Indian investment platform offering stocks, derivatives, IPOs, mutual funds, and ETFs via the Paytm ecosystem. Comparable as a digital-first, mobile-first multi-asset platform targeting Indian retail.
- Angel One: Full-service-to-tech-pivot Indian broker offering equities, derivatives, commodities, mutual funds, IPOs, and research via the Angel One app. Direct competitor covering essentially the same multi-asset retail offering.
- Groww: Leading Indian online investment platform for stocks, mutual funds, IPOs, ETFs, and F&O with strong mobile-first UX. Direct competitor targeting the same first-time Indian retail investor segment.
- Dhan: Emerging Indian discount broker with strong focus on active trader tools, options trading, and charting. Comparable as a newer-generation, product-led broker competing on trader-experience rather than brand.
- Upstox: Indian discount broker offering equities, derivatives, commodities, and mutual funds with mobile and web trading platforms. Direct competitor with similar product breadth and self-serve onboarding model.
- 5paisa: Discount Indian broker offering stocks, derivatives, commodities, mutual funds, and IPOs through mobile and web platforms. Comparable in size, product scope, and self-directed investor targeting.
- Zerodha: India's largest discount stock broker offering equities, derivatives, commodities, mutual funds, and bonds via the Kite platform. Most directly comparable competitor with overlapping product breadth and self-directed investor target.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Enrich Money social profiles
Digital presenceEnrich Money financial estimates
Financial estimateRevenue estimate
Valuation estimate
Enrich Money leadership team
Management profileNumber of profiles
Profiles8 records
Enrich Money funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Enrich Money M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Enrich Money
What does Enrich Money do?
Enrich Money is a SEBI-registered online retail brokerage and wealth-tech platform serving Indian investors through its proprietary ORCA mobile and web applications. Customers can trade equities, equity derivatives, commodities (MCX) and currency derivatives, and invest in IPOs, mutual funds, bonds (sovereign gold bonds, government securities, treasury bills, corporate bonds, state development loans), and ETFs, with integrated research, charting and AI-driven options strategy tools.
Is Enrich Money a public or private company?
Enrich Money is a private company. It is classified as venture growth investor backed and is currently operating.
When was Enrich Money founded?
Enrich Money was founded in 2013. It employs 11 to 50 people.
Where is Enrich Money based?
Enrich Money is headquartered in Bangalore, India, in the Asia region.
Who are Enrich Money's main competitors?
Kuvera is listed as an emerging player. Broad incumbents are Robinhood and ICICI Direct. Direct peers are Paytm Money, Angel One, Groww, Dhan, Upstox, 5paisa and Zerodha.
Does Enrich Money have an API?
No public API is recorded for Enrich Money.
What industry is Enrich Money in?
Enrich Money's product category is Retail Brokerage. Its primary akta.pro industry code is FSAAAAAI, Execution-Only / Self-Directed Investing Platforms. Its NAICS code is 5231 and its SIC code is 6211.