by Finzoom Investment Advisors Private Limited
INDmoney is an all-in-one personal finance and investing app built by Finzoom Investment Advisors Pvt. Ltd. in Gurugram, India. Founded in 2018 by Ashish Kashyap (former PayU India CEO) along with Varun Bhatia, Nikhil Behl, Dhruv Pathak, and Amrita Sirohia, the platform has grown to over 10 million users and reported Rs 213 Cr annual revenue as of March 2025. It is registered as a SEBI-licensed investment advisor and stockbroker. The app consolidates investing across Indian stocks, US stocks (with fractional shares starting from Rs 100), mutual funds, SIPs, IPOs, fixed deposits, NPS, insurance, and digital gold — all in one place. The net worth tracker automatically pulls data from linked bank accounts, demat accounts, credit cards, and loans to give a real-time financial dashboard. AI-driven advisory suggests portfolio switches from regular to direct mutual funds (saving 1-1.5% in commission), and goal-based planning helps users work toward retirement, education, or home purchase targets. INDmoney is free to use with zero account opening charges and zero commission on direct mutual fund investments. Revenue comes from brokerage on stock trades (Rs 20 per order for Indian stocks), forex markup on US stock transactions, and distribution income from insurance and FD products. Compared to Zerodha (Indian stocks only) or Groww (limited US stock access), INDmoney offers the widest product range in a single app — though Zerodha's Kite remains the preferred platform for active Indian stock traders. Best suited for young professionals and first-time investors who want a single app to manage all their finances — from tracking net worth to investing in US tech stocks. The clean UI and SIP-from-Rs-100 entry point make it beginner-friendly. Experienced traders who need advanced charting, options strategies, or lower brokerage will find Zerodha or Groww more capable for active trading.
Finzoom Investment Advisors Private Limited
4.5/5 on Google Play Store (10M+ downloads) · Last verified 2026-04-25
Hand-picked videos to help you get started — tutorials, demos, and reviews.
INDmoney App Use Kaise Kare | How To Use INDmoney App | Buy Sell Process
INDmoney App Honest Review After Using 1 Year | INDmoney Use Experience Review |
INDmoney App Use कैसे करें? How To Use INDmoney App? INDmoney App Buy Sell Process |
How to Use IndMoney App | How to Invest in IndMoney App | IndMoney Brokerage Charges
INDmoney is a powerful Indian alternative to these international apps:
Yes, INDmoney by Finzoom Investment Advisors Private Limited is an Indian alternative to Wealthfront. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Wealthfront →
Yes, INDmoney by Finzoom Investment Advisors Private Limited is an Indian alternative to Personal Capital. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Personal Capital →
Yes, INDmoney by Finzoom Investment Advisors Private Limited is an Indian alternative to Robinhood. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Robinhood →
Yes, INDmoney by Finzoom Investment Advisors Private Limited is an Indian alternative to Mint. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Mint →
Dreamplug Technologies Private Limited
CRED is a Bengaluru-built rewards-based fintech app founded by Kunal Shah in 2018, with 1.7 crore (17M) members engaging monthly by CRED's own June 2026 count. Credit card bill payments, UPI, rent payments, short-term credit (CRED Cash, CRED Flash), wealth management via Kuvera, free credit score tracking, and CRED Store marketplace. Members-only: you need a credit score of 750+ to join. Free for users; revenue from lending and brand partnerships. Credit Karma alternative.
Billionbrains Garage Ventures Limited
Groww is an Indian investment app from Bengaluru with 4 crore+ users for stocks, mutual funds, IPO, F&O, US stocks, gold and fixed deposits. Zero commission on direct mutual funds, flat Rs 20 (or 0.05%) per equity order, paperless eKYC demat account in a day, SIPs from Rs 100, fractional stock investing from Rs 10. SEBI-registered broker (parent Billionbrains Garage Ventures, listed on NSE/BSE in November 2025 under ticker GROWW). Robinhood and E*Trade alternative.
Zerodha Broking Limited
Kite by Zerodha is India's largest stock trading platform from Bengaluru with 16M+ customers placing 2+ crore orders daily. Zero brokerage on equity delivery, flat Rs 20 per F&O trade, millisecond execution, advanced charting with 100+ indicators (ChartIQ), GTT orders, basket orders, and Terminal Mode multi-panel layouts. Coin for direct mutual funds with zero commission. Bootstrapped, profitable, ad-free. Robinhood and Interactive Brokers alternative.
National Payments Corporation of India
BHIM (Bharat Interface for Money) is India's official UPI payment app by NPCI with 100M+ downloads and 128M active users. Instant peer-to-peer transfers, bill payments, merchant QR scanning, and balance checks linked directly to bank accounts. UPI Lite+ enables PIN-free payments up to Rs 1,000 per transaction. Supports 12+ Indian languages. Completely free with zero transaction fees, no ads. Government-backed PhonePe and Google Pay alternative.
Cashfree Payments India Private Limited
Cashfree Payments is a Bengaluru-based full-stack payments platform for Indian businesses, processing ~$80B a year for 1M+ merchants. RBI-licensed payment aggregator offering a payment gateway, instant payouts and bulk transfers, UPI AutoPay recurring payments, cross-border collections, and KYC verification. 0% fee on UPI and RuPay, ~1.9% on cards, no setup fee, with optional instant settlements. A made-in-India Stripe and PayPal alternative.
ChargeBee Inc
Chargebee is a Chennai-founded subscription billing platform powering Calendly, Toyota, Linktree, and Freshworks across 130+ countries. Manages full lifecycle — plans, checkout, invoicing, proration, dunning, and cancellation. Supports flat, tiered, usage-based, and hybrid billing. RevenueStory analytics, ASC 606 revenue recognition, AI Copilot, and 30+ gateway integrations. Free up to $250K billing; 0.75% revenue share after. Stripe Billing and Zuora alternative.
