PROSPERA WEALTH PRIVATE LIMITED

What PROSPERA WEALTH PRIVATE LIMITED does

Prospera Wealth Private Limited is an India-based, privately held wealth advisory and mutual fund distribution firm headquartered in Pune. The company operates as an AMFI Certified Registered Mutual Fund Distributor under ARN-273083, giving it authorization to distribute mutual fund schemes in India. Its service offering is built around access to 100+ mutual fund schemes spanning 16+ major Indian asset management companies, including HDFC, ICICI Prudential, SBI, Axis Bank, Aditya Birla Sun Life, Kotak, Tata, Mirae Asset, and PPFAS, complemented by insurance advisory and goal-based financial planning.

The core technology platform is a web-based financial planning suite comprising nine calculators (SIP, Lumpsum, EMI, SWP, Fixed Deposit, Recurring Deposit, Budget Planner, Emergency Fund, and Marriage Cost Planner) that help retail investors estimate returns, plan withdrawals, and set savings targets. These tools are paired with a mobile app available on Google Play Store and Apple App Store, an educational blog covering personal finance topics, and direct communication channels including phone, email, and WhatsApp. The platform is human-advisory-led, anchored by founder and Certified Wealth Manager Harshal Batte with 7+ years of wealth management experience.

Prospera Wealth serves individual retail investors and families seeking SIP-based wealth creation, retirement planning, and insurance selection, with a customer base of 250+ investors concentrated in Maharashtra and Western India. The firm operates a sales-led, relationship-based go-to-market in which digital calculators and content drive top-of-funnel engagement and personalized advisor consultations drive conversion. Revenue is generated primarily through trail commissions on Assets Under Management (AUM) and one-time distribution fees earned from mutual fund houses; advisory fees are not publicly disclosed and minimum SIP investments start at ₹500. The company is founder-owned with 1-10 employees and no disclosed external funding.

Name

PROSPERA WEALTH PRIVATE LIMITED

Legal name

Prospera Wealth

Website

https://prosperawealth.in

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Prospera Wealth is an AMFI-registered mutual fund distributor and wealth advisor based in Pune, India, serving 250+ retail investors with access to 100+ mutual fund schemes, financial planning calculators, and insurance advisory led by founder CWM Harshal Batte.

Ownership category

akta.pro rank

Product category

Wealth Management / Mutual Fund Distribution

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Financial Planning & Goals-Based Advice (Mass Affluent) (FSAAAAAF)

akta.pro secondary industries

Full-Service Retail Brokerage & Wealth Platforms (FSAAAAAA), Investor Education, Research & Portfolio Analytics Services (Retail) (FSAAAAAO)

Keywords

• Mutual fund distribution
• Wealth advisory services
• Financial planning tools
• Retail investment advisory
• Insurance advisory

Headquarters

HQ city

Pune

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Mutual Fund Distribution Commission: As a Registered Mutual Fund Distributor (AMFI Certified) with ARN-273083, Prospera Wealth earns commissions from mutual fund houses for distributing their products. Revenue comes from trail commissions on AUM and one-time distribution fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Prospera Wealth is a Registered Mutual Fund Distributor (AMFI ARN-273083) that distributes mutual fund products from 100+ Indian fund houses to individual retail investors, leveraging nine web-based financial calculators and personalized advisory services. The company also provides insurance advisory and educational content, with revenue primarily from mutual fund distribution commissions earned on assets under management.

Product overview

Prospera Wealth is a Registered Mutual Fund Distributor (RMFD) offering a unified financial advisory platform centered on financial planning, mutual fund investments, and wealth management. The core offering consists of nine financial calculator tools (SIP Calculator, Lumpsum Calculator, EMI Calculator, SWP Calculator, Fixed Deposit Calculator, Recurring Deposit Calculator, Budget Planner, Emergency Fund Calculator, and Marriage Cost Planner) designed to help investors plan, calculate returns, and make informed investment decisions. These tools are complemented by mutual fund distribution services providing access to 100+ mutual funds from major fund houses, insurance advisory services, and an educational blog with investment insights. The platform emphasizes goal-based investing, personalized financial guidance, and investor education through workshops, webinars, and tools.

Differentiator

Problem solved

Functional benefit

Products and services

• Mutual Fund Distribution Services Registered mutual fund distributor (ARN-273083) providing access to 100+ mutual funds across equity, debt, and hybrid fund categories from major Indian fund houses, with expert guidance for individual retail investors.
• Insurance Advisory Services Financial advisory service helping clients analyze health insurance needs, compare policies, and select plans offering the right balance of coverage and cost.
• SIP Calculator Online financial calculator that estimates returns from monthly systematic investments in mutual funds through compounding, displaying total invested, estimated maturity value, and profit earned.
• Lumpsum Calculator Online financial calculator that calculates the future value of one-time lump sum investments based on duration and expected returns for long-term wealth planning.
• EMI Calculator Online loan calculator that estimates monthly loan repayment (EMI) based on loan amount, interest rate, and tenure, with visual interest vs principal split.
• SWP Calculator Online calculator for systematic withdrawal planning that allows investors to calculate how long their investment corpus will sustain with fixed periodic withdrawals.
• Fixed Deposit Calculator Online FD calculator that compounds lump sum investments at fixed rates for fixed periods, showing maturity value and interest earned with monthly, quarterly, or yearly compounding options.
• Recurring Deposit Calculator Online RD calculator that estimates returns on monthly recurring deposit investments with compounded interest at maturity.
• Budget Planner Online budgeting tool that helps users track income vs expenses and estimate savings with customizable expense categories.
• Emergency Fund Calculator Online calculator that estimates ideal emergency corpus based on monthly expenses, number of dependents, and 12-month target duration with buffer calculations.
• Marriage Cost Planner Online goal-based planning calculator that helps users plan monthly SIP investments to achieve their marriage cost target over time with compounding growth.

Quantifiable outcome

• Response time under 1 hour for customer support
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

16 partnerships are on record, tiered core.

• Axis Bank Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform allowing customers to invest in Axis Bank Mutual Fund schemes
• HDFC Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• ICICI Prudential Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• SBI Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• Aditya Birla Sun Life Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• Nippon India Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• Kotak Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• Tata Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• Mirae Asset Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• Motilal Oswal Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• Bandhan Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• Edelweiss Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• Navi Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• PPFAS Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• Quant Mutual FundcoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform
• WhiteOak Mutual FundscoreChannel Partner/ Reseller/ DistributorMutual fund distribution partner integrated into Prospera Wealth platform

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• ICICI Securities: Large bank-affiliated retail brokerage and wealth advisory platform. Competes for the same Indian retail investor base with a broader product suite (equities, IPOs, mutual funds, advisory) than Prospera's mutual fund focus.
• HDFC Securities: Large bank-affiliated wealth and brokerage platform offering mutual funds, equities, and advisory. A broad incumbent that competes with Prospera for affluent retail investors but operates at much larger scale with full-stack capital markets services.
• IIFL Securities: Diversified retail wealth management and brokerage franchise offering mutual funds, equities, loans, and advisory. A scaled incumbent that competes for Prospera's target segment with broader product breadth and institutional credibility.

Direct peers

• Kuvera: Direct mutual fund investment platform with goal-based planning tools and free advisor access. Closely comparable to Prospera's hybrid digital-plus-advisory model and similarly target goal-driven retail investors.
• NJ Wealth: Large national mutual fund distributor with a partner/connector network across India. Closely comparable to Prospera as an AMFI-registered MFD pursuing retail SIP flows via a relationship-led distribution model.
• Groww: India's largest direct mutual fund and equity investment platform, serving millions of retail investors with a self-serve digital model. Directly competes with Prospera for the same retail SIP/investor base, though without the human advisory layer.
• Prudent Corporate Advisory: One of India's largest listed mutual fund distributors with a national sub-distributor network. Directly comparable as an AMFI-registered MFD, scaled version of Prospera's mutual fund distribution model with multi-thousand partner footprint.
• Paisabazaar: Multi-product financial comparison and distribution platform (owned by Policybazaar) for mutual funds, loans, and credit cards. Competes for the same mass-market Indian retail investor funnel with a partner-led distribution model.
• INDmoney: Wealth management super-app offering mutual funds, stocks, and personalized advisory across financial products. Directly competes with Prospera on personalized advisory and broad product access for retail investors.
• Zerodha (Coin): India's largest discount brokerage operating Coin, its direct mutual fund distribution platform. Competes for the same DIY retail investor segment and is a primary structural threat to traditional MFDs like Prospera.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Prospera_wealth
• Facebookfacebook.com/prosperawealth.in

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 PROSPERA WEALTH PRIVATE LIMITED