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The 1% Club
1.9
based on 3 Reviews
About The 1% Club
Founded in--
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Global Employee Count--
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Websiteonepercentclub.io
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The 1% Club is a members-only club for highly driven individuals aspiring for financial independence. It provides insights, resources, and opportunities to learn and network with like-minded individuals. Founded by Sharan Hegde and Raghav Gupta, the company culture emphasizes creativity, innovation, and teamwork, valuing employees as much as its audience. The club aims to transform the education space for money management and personal finance, helping members reach the top 1% of India.
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The 1% Club Ratings
based on 3 reviews
Overall Rating
1.9/5
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Category Ratings
1.9
Company culture
1.9
Work-life balance
1.9
Work satisfaction
1.6
Salary
1.6
Promotions
1.3
Job security
1.3
Skill development
The 1% Club is rated 1.9 out of 5 stars on AmbitionBox, based on 3 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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The 1% Club Reviews
Compare The 1% Club with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 1.9/5 based on 3 reviews | 3.7/5 based on 92.1k reviews | 3.7/5 based on 54.4k reviews | 3.8/5 based on 58.2k reviews |
Highly Rated for | No highly rated category | Job security Work-life balance | Job security | Job security |
Critically Rated for | Skill development Job security Salary | Promotions Salary Work satisfaction | Promotions Salary | Promotions |
Primary Work Policy | - | Work from office 81% employees reported | Hybrid 61% employees reported | Hybrid 75% employees reported |
Rating by Women Employees | - no rating available | 3.7 Good rated by 26.7k women | 3.8 Good rated by 15.6k women | 3.8 Good rated by 21.9k women |
Rating by Men Employees | - no rating available | 3.6 Good rated by 60.2k men | 3.7 Good rated by 36.3k men | 3.8 Good rated by 33.7k men |
Job security | 1.3 Bad | 4.5 Good | 3.8 Good | 3.8 Good |
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The 1% Club Salaries
The 1% Club salaries have received with an average score of 1.6 out of 5 by 3 employees.
Financial Planner
(3 salaries)
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₹7 L/yr - ₹15 L/yr
Assistant Vice President
(2 salaries)
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₹13.5 L/yr - ₹17.2 L/yr
Program Manager
(2 salaries)
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₹16.7 L/yr - ₹21.3 L/yr
Inside Sales Representative
(2 salaries)
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₹5.2 L/yr - ₹6.6 L/yr
Inside Sales Executive
(1 salaries)
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₹3.6 L/yr - ₹4.6 L/yr
CA
(1 salaries)
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₹44.1 L/yr - ₹56.4 L/yr
ISR
(1 salaries)
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₹6.3 L/yr - ₹8 L/yr
Graphic Designer
(1 salaries)
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₹6.5 L/yr - ₹8.3 L/yr
Data Analyst
(1 salaries)
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₹6.5 L/yr - ₹8.3 L/yr
Cashier
(1 salaries)
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₹44.1 L/yr - ₹56.4 L/yr
The 1% Club Jobs
Popular Designations The 1% Club Hires for
Intern
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Operations Executive
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Content Creator Intern
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Popular Skills The 1% Club Hires for
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The 1% Club News
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The 1% Club Eyes Expansion Into Fintech, Targets INR 30,000 Cr AUM In 2 Years
- Financial edtech platform The 1% Club, founded by Sharan Hegde, plans to expand its services to offer a range of fintech products including fixed deposits, mutual fund baskets, bond investments, and crypto-based exchange traded funds (ETFs).
- The startup is also considering entering the stock advisory segment, subject to regulatory approvals, and has obtained a registered investment advisor (RIA) license.
- The 1% Club aims to manage assets worth INR 20,000 to 30,000 Cr in the next couple of years, leveraging its brand reputation and existing client base of over 1,000 members.
- Through the adoption of AI, the startup has been able to reduce production time for content and app development, leading to faster rollouts with a smaller team.
Inc42 | 23 Feb, 2025
Sharan Hegde's 1% Club becomes first finfluencer-led company to get SEBI RIA license
- The 1% Club, founded by Sharan Hegde, has become the first finfluencer-led company to obtain SEBI RIA license.
- This license allows the startup to offer personalized financial planning services to its members.
- The 1% Club aims to capture 5-10% of the underserved middle-class market and make expert financial guidance accessible nationwide.
- Future plans include launching SEBI-regulated products and forming partnerships in wealth management.
ISN | 4 Feb, 2025
Sharan Hegde’s The 1% Club Gets RIA Licence From SEBI
- Sharan Hegde’s financial edtech platform, The 1% Club, has obtained a registered investment adviser (RIA) license from SEBI.
- The license allows the startup to provide personalized financial planning services.
- The 1% Club's personal CFO division manages INR 750 Cr in assets under advisory (AUA) and aims to capture 5-10% of India's financial advisor market by expanding to major cities.
- The startup plans to acquire more SEBI licenses to offer investment products like stock recommendations, small cases, and high-yielding debt solutions.
Inc42 | 3 Feb, 2025
Sharan Hegde-led The 1% Club gets RIA license for financial planning services
- The 1% Club, founded by Sharan Hegde, has obtained a Registered Investment Advisor (RIA) license from SEBI.
- The license allows the firm's Personal CFO division to offer personalized financial planning services.
- The 1% Club aims to disrupt India's wealth management industry by scaling low-cost, tech-driven advisory solutions.
- The firm plans to expand its advisory team and launch SEBI-approved investment products in the future.
Yourstory | 3 Feb, 2025
Bengaluru Influencer Slams Sharan Hegde’s 1% Club for Asking for Free Sessions
- Bengaluru influencer Ankit Vengurlekar criticized the 1% Club for expecting free sessions.
- Vengurlekar quoted his fee, but the company refused to provide monetary compensation.
- Vengurlekar exposed the lack of respect for professionals in the digital industry.
- The debate on fair compensation for professionals in the digital space continues.
Startup Pedia | 26 Nov, 2024
1% Club Founder Backlashed by Netizens for Laying Off 15% of Employees
- Sharan Hegde, founder and CEO of finance platform 1% Club, faced backlash from netizens after laying off 15% of employees.
- Hegde clarified that the layoffs were part of a cost-cutting exercise and to address hiring mistakes.
- The 1% Club secured investment but put the money in an FD, drawing criticism from netizens.
- Critics argue that a company promoting financial literacy should have managed its finances better.
Startup Pedia | 8 Nov, 2024
Sharan Hegde lays off 15% of employees from 1% Club; Here's what he said
- Finance influencer Sharan Hegde's 1% Club has laid off 15% of its workforce to boost profitability.
- The layoffs were part of the startup's first major cost-cutting exercise since its inception.
- 1% Club is generating approximately $8 million in annualized revenue with a strong EBITDA margin.
- The startup has offered a healthy severance package to affected employees and will support them in finding new job opportunities.
ISN | 7 Nov, 2024
Sharan Hegde's The 1% Club Lays Off 15% Of Workforce Citing AI Advancement
- Finfluencer Sharan Hegde’s financial education platform, The 1% Club, has laid off approximately 15% of its workforce.
- The layoffs are primarily due to the increased capabilities of AI in content creation and research, leading to significant reductions in human labor in these areas.
- Despite the layoffs, The 1% Club remains in a strong financial position, generating an annualized revenue of around $8 million.
- The company has offered healthy severance packages to laid-off employees and continues to help them find new opportunities within its network of peer companies.
Bloomberg Quint | 7 Nov, 2024
Sharan Hegde’s 1% Club lays off 15% employees
- 1% Club, the personal finance platform co-founded by Sharan Hegde and Raghav Gupta, has laid off 15% of its total workforce as part of an AI-led cost-saving initiative.
- The layoffs were a result of rapid scaling, with the company growing from a five-person team to nearly 200 employees in just two years.
- The affected employees have been provided with a healthy severance package and assistance in finding new job opportunities.
- Despite the layoffs, the company remains financially strong, with annualized revenue of $8 million and an EBITDA of 35-40%.
Yourstory | 7 Nov, 2024
Sharan Hegde’s The 1% Club Fires 15% Workforce
- Financial edtech platform, The 1% Club, founded by Sharan Hegde, has laid off 15% of its workforce as part of cost-cutting measures.
- Hegde attributed the layoffs to mistakes in hiring and redundant expenses while scaling up the venture. He mentioned AI-led automation as a reason for the job cuts.
- The company offered the impacted employees a healthy severance package based on their tenure.
- The 1% Club, which provides financial education and mentorship, has an annualized revenue of nearly $8 million and is actively developing new financial products and services.
Inc42 | 7 Nov, 2024
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The 1% Club FAQs
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Working at The 1% Club does have some drawbacks that potential employees should consider. The company is poorly rated for skill development, job security and salary & benefits, based on 3 employee reviews on AmbitionBox.
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