SEBI RIA on WebNotes

ET Money

Sat, 16 May 2026 00:00:00 +0000

ET Money is an Indian personal-finance platform and direct-plan mutual fund investment application, operated by Times Internet Limited, a wholly-owned subsidiary of Bennett, Coleman and Company Limited (BCCL), publishers of the Times of India and the Economic Times. Accessible at etmoney.com and through Android and iOS applications, ET Money is structured as a SEBI-registered investment adviser (RIA) under the SEBI (Investment Advisers) Regulations, 2013, alongside complementary AMFI ARN and IRDAI registrations for non-MF distribution. The platform combines direct-plan mutual fund distribution, an automated portfolio-recommendation service (ET Money Genius), insurance distribution, and a personal-expense-tracking module that traces back to the platform’s pre-Times-Internet origins as a personal-finance tracker.

INDmoney

Sat, 16 May 2026 00:00:00 +0000

INDmoney is an Indian financial-services platform and wealth-aggregator, operated by INDmoney Private Limited and accessible at indmoney.com and through Android and iOS applications. The platform combines portfolio aggregation across the investor’s full financial holdings (mutual funds , equity portfolios, Provident Fund, National Pension System, insurance policies, fixed deposits) with direct-plan mutual fund execution, US equity investing under the Liberalised Remittance Scheme, NPS contributions, fixed-deposit distribution, and the INDwealth premium advisory tier for high-net-worth clients. By 2024, INDmoney had disclosed over one crore registered users, positioning it among the largest consumer-facing wealth-management platforms in India alongside Kuvera , ET Money , Groww , and Zerodha Coin .

Kuvera

Sat, 16 May 2026 00:00:00 +0000

Kuvera is an Indian direct-plan mutual fund investment platform and SEBI-registered investment adviser (RIA), operated by Arevuk Advisory Services Private Limited from Bengaluru and accessible at kuvera.in. Founded in 2016 by Gaurav Rastogi and Neelabh Sanyal, Kuvera is one of the earliest and most influential pure-play direct-plan platforms in India and was, at the time of its founding, distinctive for being structured as a SEBI RIA under the SEBI (Investment Advisers) Regulations, 2013 rather than as a mutual fund distributor (MFD) . The RIA structure subjects Kuvera to a statutory fiduciary obligation toward its clients and prohibits the collection of trail commission from AMCs on mutual fund products. The company was acquired by Smallcase Technologies Private Limited in October 2023, creating a combined entity offering thematic equity baskets and direct-plan mutual funds within a unified group structure.

Cube Wealth

Tue, 12 May 2026 00:00:00 +0000

Cube Wealth is an Indian multi-asset wealth management platform operated by Cube Wealth Solutions Private Limited, accessible at cubewealth.io. The platform offers direct plan mutual fund investing, P2P (peer-to-peer) lending investment access, US equity investing, and other alternative asset options within a single app interface. Cube Wealth holds a SEBI registration as an investment adviser (RIA) and an AMFI ARN registration for mutual fund distribution.

Cube Wealth distinguishes itself from single-asset direct-plan platforms such as Kuvera and Scripbox by aggregating multiple asset classes – mutual funds, P2P loans, US stocks, and gold – under a unified portfolio view and advisory framework, targeting investors who want curated multi-asset diversification beyond the conventional MF-only investing experience.

INDwealth

Tue, 12 May 2026 00:00:00 +0000

INDwealth is the premium wealth management sub-brand operated by INDmoney (INDmoney Private Limited), targeting high-net-worth individual (HNI) and ultra-HNI investors who seek personalised portfolio management alongside the broader INDmoney platform’s aggregation and direct-plan investing capabilities.

INDwealth operates under the SEBI registered investment adviser (RIA) registration held by INDmoney Private Limited, providing fee-based advice and personalised portfolio construction rather than the self-directed direct-plan investing model of the mass-market INDmoney platform. INDwealth charges a fee based on assets under advice (AUA), consistent with the RIA fee models permitted under the SEBI (Investment Advisers) Regulations 2013 and the 2020 amendment.

Scripbox

Tue, 12 May 2026 00:00:00 +0000

Scripbox is an Indian robo-advisory and direct mutual fund investment platform operated by Scripbox Advisors Private Limited, accessible at scripbox.com. Founded in 2012, Scripbox is one of India’s earliest mutual fund robo-advisers and is distinguished by its opinionated, curation-based approach: instead of offering the full universe of mutual fund schemes, Scripbox presents a small, researched selection of recommended funds for each investor goal category, simplifying the decision for investors who prefer guidance over complete open-choice.

Wealthy.in

Tue, 12 May 2026 00:00:00 +0000

Wealthy.in is an Indian direct mutual fund investment platform and SEBI-registered investment adviser (RIA), accessible at wealthy.in. The platform offers commission-free direct plan investing in mutual fund schemes from all major AMCs, alongside NPS (National Pension System) investing and financial planning tools. Wealthy.in targets self-directed investors who prefer a clean, direct-plan interface without the premium subscriptions or bundled services of larger platforms.

Wealthy.in is operated by Parsec Technologies Private Limited and holds a SEBI RIA registration and an AMFI ARN registration, consistent with other direct-plan advisory platforms such as Kuvera and ET Money .