MProfit funding, investors and company details

MProfit is an emerging Financial Services - Fintech startup from Mumbai, working in the space of Fintech company offering portfolio management and accounting software tailored for investors, advisors, and family offices. Founded by Kiran Shah, Atik Shah, Pallav Kumud Bhatt, Manish Jain.

Company: MProfit Software Private Limited
Sector: Financial Services - Fintech
Location: Mumbai
Founders: Kiran Shah, Atik Shah, Pallav Kumud Bhatt, Manish Jain
Total funding raised: ₹16.35 Cr

Company overview

MProfit is a fintech company offering portfolio management and accounting software tailored for investors, advisors, and family offices. Its solution is built to simplify investment tracking across diverse asset classes while automating reporting with accuracy and regulatory compliance. The platform allows users to consolidate holdings across equities, mutual funds, bonds, derivatives, PMS, AIFs, and unlisted assets, providing a unified view of overall wealth. It features automated data imports from contract notes, CAS statements, and bank records, minimizing manual work and reducing errors. MProfit also generates capital gains statements, tax-ready reports, and compliance documentation, making it useful for both individual investors and financial professionals. Serving HNIs, family offices, wealth managers, and chartered accountants, the platform supports efficient management of complex portfolios through cloud-based access. With over one million portfolios managed and partnerships with leading brokers and financial institutions, MProfit has established strong credibility. Its differentiation lies in comprehensive multi-asset coverage, tax-oriented reporting, and user-friendly design compared to conventional accounting tools.

Funding rounds

Latest round: $ 2.00 Mn (₹16.35 Cr.), 2023-01-19. Investors: Rainmatter (Zerodha), Enam Holdings, Gruhas Proptech, Auxano Capital, Samarthya Investment Advisors