Ship

What Ship does

Ship (operating as ShipInfra, the brand name of Nuarch Fintech Private Limited, CIN U72900KA2022PTC164186) is a Bengaluru-headquartered B2B2C fintech platform incorporated in 2022 that enables Independent Financial Advisors (IFAs) and mutual fund distributors in India to distribute and manage client investments across multiple asset classes — mutual funds, PMS, alternates (unlisted shares, pre-IPOs, P2P lending), fixed income (bonds, FDs, SGB), and gold — through a single integrated interface. The platform is positioned as 'A product of Koshex,' leveraging Koshex's online investment infrastructure and AMFI-registered distributor status (ARN APMI-APRN00364) to route transactions to a network of 25+ AMC partners and 20+ PMS/AIF providers.

The underlying technology stack consists of a partner-facing dashboard integrating AUM tracking, client relationship management, lead generation, and an AI-powered business analytics module that delivers text-based insights on operations, client behavior, and market trends via predictive analytics and recommendation-engine modalities. The platform also includes customer discovery and management tools for personalized engagement and a multi-asset interface designed to enable 100% wallet share per client. Geographic coverage spans 25+ Indian states and 1000+ pin codes.

Revenue is generated through transaction-based commissions shared with distribution partners from AMCs on mutual fund SIPs and trails, and from PMS/AIF providers on alternative investment tickets. Top-performing partners reportedly earn up to ₹5.5L/month with 100 clients selling multiple products, with payouts positioned as on par with direct AMC tie-ups — implying Ship takes a thin commission slice on routed transactions. The go-to-market is channel-led (B2B2C), targeting IFAs and distributors through training sessions, weekly expert newsletters, partner testimonials, and organic social media on X, YouTube, and LinkedIn. The firm is founder-led by CEO Aditya Prabhu (ex-IIFL, 20+ years, IIM-L alumnus), supported by a regional sales team. No external funding rounds have been disclosed.

Name

Ship

Legal name

Nuarch Fintech Private Limited

Website

https://shipinfra.in

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Ship (ShipInfra), operated by Nuarch Fintech Private Limited and built on the Koshex platform, is a Bengaluru-based B2B2C fintech that enables India's IFAs and mutual fund distributors to distribute mutual funds, PMS, alternates, fixed income, and gold through a single AMFI-registered platform with AI-powered analytics and automated payouts.

Ownership category

akta.pro rank

Product category

Wealth Distribution Software

NAICS

Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Independent Broker-Dealers (Retail Network) (FSAAAAAC)

Keywords

• Wealth distribution platform
• IFA distribution software
• Multi-asset investment platform
• Mutual fund distribution
• Financial advisor analytics

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Mutual Fund Distribution: Facilitates mutual fund SIP transactions and earns commissions from AMCs for distribution. Top partners earn up to ₹5.5L/month with automated monthly payouts.
2. Alternative Investments Distribution: Distributes PMS, AIFs, Unlisted shares, Pre-IPOs, Fixed Income products (Bonds, FDs, SGB), and Gold. Partners can manage AIFs worth ₹1 crore+ and earn commissions comparable to direct AMC tie-ups.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

ShipInfra is a B2B distribution platform that enables Independent Financial Advisors (IFAs) and Mutual Fund Distributors in India to offer multiple asset classes — Mutual Funds, PMS, Alternates (Unlisted Shares, Pre-IPOs, P2P lending), Fixed Income (Bonds, FDs, SGB), and Gold — to their end-investor clients. The platform combines multi-asset distribution with AI-powered business analytics, a unified partner dashboard, customer discovery tools, and automated commission payouts sourced from 20+ AMCs and 20+ PMS/AIF providers.

Product overview

Ship (ShipInfra) is a unified B2B financial services distribution platform for distributors and IFAs (Independent Financial Advisors) in India. The platform operates as a multi-asset distribution ecosystem enabling wealth partners to manage client investments across mutual funds, PMS (Portfolio Management Services), alternates (unlisted shares, pre-IPOs, P2P lending), fixed income (bonds, FDs, SGB), and gold. The core platform integrates AI-powered business analytics for operational insights, customer discovery and management tools for lead acquisition and retention, and a holistic business dashboard for AUM tracking and partner management. All products are accessible through the Koshex-powered online investment platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Mutual Fund Distribution

Quantifiable outcome

• Top Partners earn up to ₹5.5L/month with 100 clients selling multiple products
• +2 more outcomes

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

22 partnerships are on record, tiered core and minor.

• KoshexcoreOEM/ Whitelabel/ Licensing PartnerKoshex is the parent company/product provider. ShipInfra is described as 'A product of Koshex' and the platform is also referred to as the 'Koshex online investment platform'. The relationship enables Ship to leverage Koshex's infrastructure for serving IFAs and distributors.
• Axis Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• Aditya Birla Sun Life Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• SBI Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• ICICI Prudential Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• HDFC Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• Nippon India Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• Kotak Mahindra Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• UTI Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• Mirae Asset Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• Tata Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• DSP Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• PPFAS Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• LIC Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• IDFC Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• Edelweiss Mutual FundminorChannel Partner/ Reseller/ DistributorAMC partner enabling mutual fund distribution through Ship's platform.
• 360 ONE Asset Management LtdminorChannel Partner/ Reseller/ DistributorPMS/AIF partner enabling alternative investment distribution through Ship's platform.
• Motilal Oswal Asset Management CompanyminorChannel Partner/ Reseller/ DistributorPMS/AIF partner enabling alternative investment distribution through Ship's platform.
• Karma Capital Advisors Private LimitedminorChannel Partner/ Reseller/ DistributorPMS/AIF partner enabling alternative investment distribution through Ship's platform.
• Incred Alternative Investments Private LimitedminorChannel Partner/ Reseller/ DistributorPMS/AIF partner enabling alternative investment distribution through Ship's platform.
• Ask Investment Managers LtdminorChannel Partner/ Reseller/ DistributorPMS/AIF partner enabling alternative investment distribution through Ship's platform.
• Nuvama Asset Management LimitedminorChannel Partner/ Reseller/ DistributorPMS/AIF partner enabling alternative investment distribution through Ship's platform.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• WealthDesk: Tech-first platform focused on PMS and AIF distribution to HNI investors via financial advisors. Comparable to Ship's PMS/AIF leg, though narrower in asset classes and smaller in scale.
• Windmill Capital: Digital wealth management platform distributing curated investment products to investors via partner IFAs. Operates a B2B2C motion similar to Ship at smaller scale, overlapping on multi-asset distribution.

Direct peers

• Zerodha (Coin): India's largest discount broker, offering direct mutual fund distribution through Coin. Overlaps with Ship on MF distribution and increasingly on broader wealth products for retail investors.
• Kuvera: Direct mutual fund investment platform (part of Flipkart Group) offering commission-free MF investing with strong digital UX. Comparable to Ship in the mutual fund distribution category, though Ship's IFA-led B2B2C motion is differentiated.
• INDmoney: Consumer wealth management super-app aggregating mutual funds, stocks, FDs, and other assets with AI-driven insights. Directly comparable to Ship on multi-asset distribution and AI-led analytics, though Ship is B2B2C and INDmoney is more B2C.
• Groww: Leading Indian fintech offering mutual funds, stocks, F&O and other investment products through a consumer-facing app. A direct competitor for IFAs/end-investors on the MF distribution side, with far larger scale and brand reach.
• FundsIndia (360 ONE): Long-standing wealth-tech platform distributing mutual funds, PMS and other investment products to retail and HNI investors. Comparable to Ship as a multi-asset distribution platform, now operating under 360 ONE.
• NJ Wealth (NJ India Invest): Large India-focused IFA/distributor platform distributing mutual funds, PMS and other wealth products through a partner network. Directly overlaps with Ship's IFA distribution and multi-asset proposition.
• Prudent Corporate Advisory Services: One of India's largest listed IFA/MFD platforms, providing mutual fund and alternative investment distribution with a nationwide partner network. Operates the same B2B2C IFA-distribution model as Ship, making it the most directly comparable peer.

Broad incumbents

• Upstox: Major Indian discount broker expanding into mutual fund distribution and broader wealth offerings. A broader incumbent that competes for the same IFA/end-investor wallet, with overlapping mutual fund distribution capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks2 records

Key highlights6 records

Customer concentration

• Xx.com/_shipOfficial
• YouTubeyoutube.com/@ShipOfficial/videos
• LinkedInlinkedin.com/company/shiphq

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Ship