Company Timeline
The company was established
Mr. Piyush Desai founded Vcare Investment Services Pvt. Ltd. in June 2004 with a team of 4 employees with an aim to provide investment services to each individuals investors.
Adapted technology to better serve their investors
In 2004, Vcare was one of the first ones in the MF Distribution industry to start using Mutual Fund tracking software. Vcare bought the software services from Surat based Vijya Comptech to better serve their investors with portfolio reports, capital gain reports, etc.
The company reaches 100 crores AUM milestone
In the year 2006, Vcare had achieved its vision of reaching the 100 crore AUM (assets under management) by growing their client base via referrals from close acquaintances and near & dear ones. Celebrity clients like Padmini Kolhapure, K. K. Puri, Arjun Rampal and MNCs like NESCO Ltd. had also become part of our esteemed clients in the same year
The company obtained ISO 9001-2008 certification and reached 5-ton happy family mark
In the year 2008, Vcare obtained ISO 9001-2008 certification. ISO 9001 is defined as the international standard that specifies requirements for a quality management system (QMS). In the same year, Vcare grew their outreach to 500 happy investors with their exemplary service.
Vcare expands from 1 office space to 3 offices in South Mumbai
With the growing client base and operational activities, there was a need for more office space. This year saw the expansion in infrastructure where Vcare opened 2 more offices to have a total of 4 offices in South Mumbai.
2nd Generation joins hands
Young and Dynamic entrepreneur Mr.Keyur Desai, Son of Piyush Desai joins Vcare Investment Services Pvt Ltd to take the company to next level.
Vcare reaches 700 crore AUM with the support of domestic as well as NRI investors
Year 2014 witnessed another milestone where Vcare reached the 700 crore AUM tally combining all financial instruments. This was achieved with the support of both domestic as well as NRI investors.
Introduction of paperless transactions in Mutual Funds
With the growing need of transacting paperless, Vcare tied up with BSE Star MF (Bombay Stock Exchange’s online portal) in 2015 to serve its clients in a more convenient manner. Since then, it has drastically reduced the transaction time and saved a lot of paperwork for clients and Vcare both.
Launched Mobile app
In its continuous pursuit to achieve service excellence, Vcare launched its mobile app in 2017 which would allow their clients to check their portfolios at their finger tips. Today there are more than 2000 active users using Vcare’s mobile app.
Vcare migrates to 100% cloud-based software
Technology has always played a pivotal role in Vcare’s growth over these years. The latest adoption has been the cloud-based software purchased by Vcare in 2018 to manage client portfolios, their investment transactions and also provide them with a lot of insightful reports. Clients have highly appreciated this and all the other services provided by Vcare.