What Greenware Solutions does

Greenware Solution Pvt. Ltd. (operating as Greenware Solutions) is a New Delhi-based B2B SaaS provider founded in 2017 that builds end-to-end wealth management and investment distribution technology for financial institutions in India. Its core product, FundCore, is a multi-asset investment management platform covering mutual funds, fixed deposits, bonds, corporate deposits, fixed income, CP/CD, NCD, equities, PMS and AIF, with built-in master data (AMC, scheme, NAV), real-time reporting with active caching, brokerage reconciliation, paperless eKYC onboarding, multi-level maker-checker approval workflows, and investment policy guardrails. The platform is built on a .Net/SQL/Azure/Redis/Hybrid Mobile stack, supports both cloud-hosted and on-premise deployment, and is offered as a white-label solution with APIs for deep custom integration.

The company serves four primary customer segments — mutual fund distributors, stock brokers, wealth managers and banks — on a horizontal segmentation basis. Named enterprise customers include Bajaj Finserv, Standard Chartered, Nirmal Bang, B&K Securities, Mata Securities and Fisdom, with 22+ financial institutions on the platform managing ₹28,000+ Cr (~$3.3B) in AUM and processing 0.25M+ transactions per month. Greenware monetises via subscription-based SaaS licensing of FundCore (annual billing, quote-based enterprise pricing varying by AUM, user count, deployment model and white-label scope) supplemented by licensing/royalty arrangements for adjacent products PortfolioAudit and F.A.M.E. Go-to-market is direct enterprise field sales with demo-driven engagement, supported by content marketing (segment-specific solution pages and named-executive testimonials) and an embedded/white-label distribution channel that lets financial institutions resell FundCore under their own brand.

The platform is anchored on integrations with India's critical financial-market infrastructure — BSE StarMF for MF distribution, CAMS and KFin for RTA data feeds, and CDSL and NSDL for depository consolidation — which collectively create switching costs and operational lock-in. Leadership is founder-led: Gaurav Kohli as CEO & Founder and Harit Gautam as Head of Business & Strategy, with Dhinkar Ah as CTO and Keshav Samant listed as President & CEO in separate leadership data. The firm is privately held with no disclosed funding rounds, operates regionally in India, and has a stated team of 1-10 employees despite 120+ years of combined industry experience.

Name

Greenware Solutions

Legal name

Greenware Solution Pvt. Ltd.

Website

https://greenwaresolutions.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Greenware Solutions is a New Delhi-based B2B SaaS company that provides its FundCore multi-asset wealth management platform to Indian financial institutions — mutual fund distributors, stock brokers, wealth managers and banks — enabling paperless onboarding, multi-level approvals, brokerage reconciliation and white-label deployment across mutual funds, FDs, bonds, equities, PMS and AIF.

Ownership category

akta.pro rank

Product category

Wealth Management Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computer Systems Design and Related Services (54151)

SIC

Finance Services (6199), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Digital Banking & Neobank Platforms (BPAMAFAD)

akta.pro secondary industries

Sub-Accounting & Platform Servicing (Omnibus, Intermediary/NSCC, Retirement Platforms) (FSAAAMAI), Net Worth & Personal Balance Sheet Tracking (FSAGADAF), Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC)

Keywords

• Wealth management software
• Mutual fund platform
• Investment management platform
• Financial advisor software
• Portfolio management system

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. SaaS Platform Subscription: The primary revenue stream is through subscription-based SaaS licensing of the FundCore platform to financial institutions including distributors, brokers, wealth managers, and banks. The platform supports both cloud-hosted and on-premise deployment models, with white-label options available.
2. Additional Products: Company offers additional products including FundCore, PortfolioAudit, and F.A.M.E for authentication and accessing financial data, which may contribute to revenue through licensing arrangements.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Greenware Solutions provides FundCore, a cloud-based and on-premise multi-asset wealth management platform that enables financial institutions — including mutual fund distributors, stock brokers, wealth managers, and banks — to onboard investors, execute transactions, manage portfolios across mutual funds, fixed deposits, bonds, equities, PMS and AIF, and run brokerage reconciliation. The platform is offered as a white-label SaaS solution with deep integration into BSE StarMF, CAMS, KFin, CDSL, and NSDL for end-to-end transaction processing and reporting.

Product overview

Greenware Solutions offers a unified platform-plus-modules architecture centered on FundCore, a comprehensive multi-asset wealth management solution. FundCore serves as the core platform providing investment management across mutual funds, fixed deposits, bonds, fixed income, equities, PMS and AIF. Supporting products include PortfolioAudit and F.A.M.E, which handle authentication and financial data access. The platform is white-label capable and integrates with BSE StarMF, major RTAs (CAMS, KFin), and depositories (CDSL, NSDL) for end-to-end transaction processing.

Differentiator

Problem solved

Functional benefit

Brands

• FundCore: Comprehensive, flexible and scalable multi-asset platform for wealth management covering mutual funds, fixed deposits, bonds, equities, PMS and AIF
• PortfolioAudit
• F.A.M.E

Products and services

• FundCore

Quantifiable outcome

• ₹28,000+ Cr AUM managed on platform across 22+ clients with 0.25M+ monthly transactions
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature12 records

Partnerships

Three partnerships are on record, tiered core.

• BSE StarMFcoreTechnology or IntegrationDeep integration partnership with BSE StarMF (Bombay Stock Exchange's mutual fund platform) enabling paperless onboarding, mandate creation, order execution, payment processing, and transaction authorization. This is a foundational integration that enables FundCore's core functionality for mutual fund distribution.
• RTA (CAMS and KFin)coreTechnology or IntegrationPartnership with both major Registrar and Transfer Agents (CAMS and KFin) for seamless data feeds covering the full spectrum of mutual fund schemes in India, enabling accurate NAV updates, transaction processing, and portfolio reconciliation.
• CDSL/NSDLcoreTechnology or IntegrationIntegration with India's two depositories (CDSL and NSDL) enabling demat account support for mutual fund units, allowing brokers to consolidate equity and mutual fund holdings in a single demat account with unified reporting.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Valuefy: B2B wealth-tech platform serving financial advisors, family offices, and private banks with portfolio management, analytics, and reporting tools. Comparable to Greenware's white-label, multi-asset platform targeting institutional wealth managers.
• Investwell: Online mutual fund distribution and portfolio tracking platform widely used by IFAs in India. Comparable to Greenware's distributor use case with back-office transaction and reporting tooling.
• AssetPlus: Multi-asset wealth management platform for mutual fund distributors, RIAs, and wealth managers with paperless onboarding, commission tracking, and reporting. Closely comparable to FundCore's distributor and wealth manager segment offerings.
• WealthDesk: Wealth management tech platform enabling advisors to manage multi-asset client portfolios with reporting and rebalancing. Comparable to FundCore's wealth manager segment with consolidated portfolio views and multi-asset support.
• Finnovate (Finnova): India-focused wealth-tech platform offering mutual fund distribution, onboarding, and reporting APIs to distributors and fintechs. Closely comparable to Greenware's API-first, white-label approach to the same distributor and broker segments.
• MFCentral (MF Utility): Joint venture between HDFC, ICICI, and SBI that provides a centralized mutual fund transaction and KYC platform. Direct competitor to FundCore's BSE StarMF-integrated paperless onboarding and transaction workflows for distributors and IFAs.

Others

• Fisdom: A listed Greenware customer (Fisdom) that also operates its own wealth-tech stack for retail investors. Adjacent rather than direct competition because Fisdom is currently a Greenware client, but represents potential vertical integration risk.

Broad incumbents

• Perfios: Well-capitalized Indian fintech providing financial data aggregation, verification, and processing APIs to banks, NBFCs, and wealth platforms. Broader in scope than Greenware but competes in the same BFSI-tech buyer set with overlapping data integration capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/greenwaresolutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greenware Solutions