Pune, India
Recoversy is a financial consultancy startup specializing in investment recovery. The platform aids investors in locating and reclaiming lost investments, often neglected due to various reasons like loss of share certificates, name or signature mismatches, or the demise of the sole holder.
The company focuses on the retrieval of shares and dividends transferred to the IEPF Authority. Per the 2013 Company Act, if an investor fails to claim dividends for seven consecutive years, the shares and dividends are moved to the IEPF Authority. Recoversy manages the necessary formalities to unblock these investments and return them to the investor's account.
Moreover, Recoversy offers a search portal (https://search.iepf.in) providing brief information on the recoverable amounts from the IEPF Authority.
Founded in 2019, Recoversy operates in the Finance and Financial Services industries. Although the headquarter and last investment details are unavailable, the company's focus on facilitating seamless investment recovery presents an intriguing proposition for potential venture capital interest.
