Established in 2022 by Arora, Avneet Dhamija, and Vikash Agarwal, Univest emerges as a pioneering wealthtech platform, aspiring to emulate the triumphs of contemporary financial giant BlackRock. Through a fusion of Artificial Intelligence and human insight, Univest is reshaping the landscape of wealth generation for everyday investors.
By strategically navigating exits from underperforming equity assets and implementing astute diversification strategies across capital markets, Univest presents its exclusive subscription products—Univest Pro and Univest Pro Plus—through its two SEBI-registered entities, Uniapps and Uniresearch. Furthermore, Univest extends its reach into the debt market, offering peer-to-peer investment solutions to cater to the diverse investment objectives of over 1.25 million investors.
In the bustling world of capital markets, our primary offerings revolve around equity advisory services tailored to fit our clients’ needs over the span of three, six, or twelve months.
Additionally, Univest has forged a strategic partnership with Faircent for peer-to-peer (P2P) investments, wherein borrowers are subject to a commission ranging from 1.5% to 3%. However, the regulatory scrutiny of P2P lending by the Reserve Bank of India looms large, poised to reshape the landscape of this sector. Notably, Univest stands as Faircent’s largest collaborator, with investments surpassing Rs 5,000 crore.
Delving into financial matters, Arora underscored the company’s remarkable achievements: “Since this past August, we’ve achieved positive cash flow. Our monthly business has soared by an impressive 70-fold over the last twelve months. We’re well on our way to surpassing 50 crores in Annual Recurring Revenue (ARR) this month, and anticipate concluding the fiscal year with a Profit After Tax (PAT) exceeding Rs 3 crore.
