Top Five promising WealthTech Companies in India

Don't have an account?
Just enter your email id or mobile no and create your account in two easy steps!

🇮🇳
- 🇮🇳
- 🇳🇿
LOGIN

I am a
looking for
Country

[{"type":"txt","id":"rich_1648558210709","data":" Did you know that India topped the global fintech deal rankings again, with four out of ten of the region\u2019s top deals coming from the country? <\/p>With the growing investor interest and digital adoption, there has been a rapid growth in the wealth tech sector in India. Especially, because of pandemic India\u2019s Internet penetration has surged by 8.3% per year resulting in the greatest usage of digital technology.\n\n<\/p>"},{"type":"txt","id":"rich_1648558210710","data":" It is the fastest-growing fintech market in the world, ahead of the United States. Wealthtech in India has especially grown rapidly. More than 300 startups have emerged in India in the health tech sector, including, online brokerages, Robo-advisories, investment platforms. <\/p>\n Recent reports state that the Indian wealth tech market is estimated to triple in size from US$20 billion to US$63 billion by 2025. Also, the report noted that wealth tech stands to benefit from several tremendous opportunities in the world\u2019s largest democracy. \n<\/p>"},{"type":"txt","id":"rich_1648558210711","data":"Zerodha <\/u><\/b><\/p>\nZerodha has more than 5 million clients who trade and invest in a wide range of products, accounting for over 15% of all wholesale volume of orders in India daily. Futures and options, bonds, stocks and IPOs, commodities and currency derivatives, direct mutual funds, and government securities are all available to Zerodha customers.\n <\/p>"},{"type":"img","id":"img-uid-1648558210712","data":"62430425e3b10"},{"type":"txt","id":"rich_1648558210713","data":" In comparison to the previous year, revenue increased by 11% to approximately US$127 million in FY2020. The company has a self-value of $1 billion. <\/p>"},{"type":"txt","id":"rich_1648558210714","data":"Groww <\/u><\/b><\/p>\nGroww is one of the most popular online investment platforms. Groww App, which can be downloaded free of cost. It allows the user to safely trade stocks, mutual funds, and even digital Gold. Neeraj Singh, Harsh Jain, Lalit Keshre, and Ishan Bhansal<\/i> founded Groww, a mobile app startup in 2016.\n <\/p>"},{"type":"img","id":"img-uid-1648558210715","data":"6243043124b14"},{"type":"txt","id":"rich_1648558210716","data":"Groww is expanding its stock market services by being an authenticated broker with the BSE. Groww offers no recommendations but encourages users to select their portfolios according to the available information. The SIP option is also available to investors. <\/p> <\/p>Groww features a feature called \u2018Smart Save.\u2019 The function is inclined towards saving customer accounts. The funds will be placed in a money market fund with just an option for immediate redemption. <\/p>"},{"type":"txt","id":"rich_1648558210717","data":"Upstox <\/u><\/b><\/p>Headquartered in New Delhi, India, the Stockbroking company Upstox limited operates in India. But the company has a global presence. Upstox offers zero brokerage fees for equity delivery customs and up to Rs. 20 per demand for intraday and F&O trades, commodities, and currencies. \n <\/p>"},{"type":"img","id":"img-uid-1648558210718","data":"6243043b1e947"},{"type":"txt","id":"rich_1648558210719","data":"Investors and professionals can find a variety of investments on the company\u2019s website, including stocks, mutual funds, commodities, derivatives, currencies, and ETFs. <\/p> <\/p>\nUpstox was founded in 2010. Later in 2012, the firm became the first in the sector to provide fixed-price unlimited trading plans. Ravi Kumar and Shrini Viswanath <\/i>are the founder and Co-founders of Upstox.\n <\/p>"},{"type":"txt","id":"rich_1648558210720","data":"WealthDesk<\/b><\/u> <\/p>WealthDesk is India\u2019s first B2B2C platform, capturing the whole Investment, Management value chain, from portfolio development on top of equities and exchange-traded funds (ETFs) to WealthBasket investment products.  <\/p>"},{"type":"img","id":"img-uid-1648558210728","data":"6243046d2d350"},{"type":"txt","id":"rich_1648558210722","data":"WealthDesk\u2019s platform is used by more than 50 partners to align their brokerage and consulting offerings. <\/p>WealthDesk, as a B2B2C SaaS platform in this market, can bring in B2B and build a larger ecosystem at scale.\n <\/p>"},{"type":"txt","id":"rich_1648558210723","data":"Cube Wealth <\/u><\/b><\/p>\u201cI think this pandemic is a critical point for digital wealth management,\u201d<\/b><\/i> says Satyen Kothari<\/i>, founder, and CEO.\n\n <\/p>"},{"type":"txt","id":"rich_1648558210724","data":"He launched the company in 2018 to create an app that is simple to use, delivers the best advisors, and aids in wealth accumulation, particularly for busy professionals. Designers, Engineers, Wealth Coaches, Marketers, and Operations Experts make up the team. <\/p>"},{"type":"img","id":"img-uid-1648558210725","data":"6243045746abf"},{"type":"txt","id":"rich_1648558210726","data":"Building Your Perfect Portfolio of Investments, many alternatives for mutual funds, portfolio tracking, over 17,000 funds investment choices such as mutual funds, foreign equities, digital gold, and trading platforms, pretty much any time assistance from wealth coaches, and so on are some of the unique features of the app. <\/p>"},{"type":"txt","id":"rich_1648558210727","data":"India is a global fintech powerhouse, with over 2,100 fintech firms which is one of the greatest fintech acceptance rates in the developed world. Investors around the world are positive about India\u2019s fintech prospects, having invested billions into the sector.\n\n <\/p>"}]

[{"type":"txt","id":"rich_1648538298436","data":" <\/p>The emergence of Blockchain has taken the world by storm and now it is one of the leaders in revolutionary technologies. <\/p> The whole concept of blockchain was first introduced in 1991 by Stuart Haber and W. Scott Stornetta. The idea is based on the need for tamper-proof documents and ledgers. <\/p> <\/p>Blockchain has made a positive impact in different areas such as the financial sector, governance, cybersecurity, etc. Though the idea may have been for ages, the actual implementation of Blockchain was introduced in 2008. Later, Bitcoin has become the first cryptocurrency and the ideas are in full swing in development and applications.\n<\/p>"},{"type":"txt","id":"rich_1648538298437","data":"This article gives you information regarding the applications of Blockchain Technology in the latest years. <\/p>"},{"type":"txt","id":"rich_1648538298438","data":"Blockchain Digital IDs <\/u><\/b><\/p>Microsoft is trying to develop a single digital ID that relies on the security and reliability of a blockchain network. This is one of the most interesting development projects that is capable of transforming the world. Everyone can have a single blockchain-based decentralized user ID that can be used for everything from banking to healthcare and even can eliminate the need for passports.\n <\/p>"},{"type":"txt","id":"rich_1648538298439","data":"Blockchain in different Devices <\/u><\/b><\/p>While Ethereum is the fastest growing cryptocurrency in terms of last-mile applications, Samsung made a surprising move with its built-in Blockchain Keystore wallet in the new Samsung GALAXY S10 devices. \n <\/p>"},{"type":"txt","id":"rich_1648538298440","data":"Mainstream <\/u><\/b><\/p>Few banks are testing the use of blockchain as part of a bigger financial system and how it can be adopted as a way to process transactions. UBS, IBM, and other stakeholders have a dedicated research wing that focuses on developing blockchain technology for banking. The security measures and tamper-proof nature of blockchain are certainly interesting for banks and other financial institutions.\n\n <\/p>"},{"type":"txt","id":"rich_1648538298441","data":"Smart Contracts <\/u><\/b><\/p>Smart contracts are said to be the foundation for many blockchain applications. A smart contract runs on top of a blockchain network with a series of codes that will be executed when the parameters for the contract are met.\n\n <\/p>"},{"type":"txt","id":"rich_1648538298442","data":"Blockchain has taken over this world with its intriguing features. In the cryptocurrency industry alone, the market is growing at a staggering rate; you can expect to see a total market cap of more than $60 billion by 2024. <\/p>Blockchain Technology will soon bring great changes in the technology in coming years.\n <\/p>"}]

[{"data":"Politics, The term we come accross in daily part of life is quite common and also the most complicated thing which any human can deal with student like me is not enough to comment or dive deep into the topic called politics but as a newly responsible citizen of my country i want to share my own perspectives and the way I see the politics in my country and the world around. \n\n As we know politics is a branch of study which makes an account of each new ideology and the reaction of the society to the ideology. But i my personal experience politics is not basiced on some ideology but a organisation or party with no meaning and no good in it self for the society.Politics in India are special among most of the nation's in this world. \n\n Due to the diversified culture endornment and perspectives of living of Indian society and the politics of India should take care in creating hormony among the diversified classes but the expected results or partially satisfied and there is some distrubiace in the maintenance of this land of uni heritage. And it is not the fault of some individual authority or organisation. It is the result of irresponsible behaviour towards the displays which secure status of the country. \n\n And to solve this problem the youth is the only power tool as a responsible educated empower and enlightened young citizen we should follow nd also try to make others to follow the fundamental duties of repairing the political secularism of the nation.\n\"Enlighten way leads to Enlighten future\"<\/p>","type":"txt","id":1647283800048}]

[{"type":"txt","id":"rich_1648113339102","data":" Shaheed Diwas, also known as Martyr\u2019s Day, honors the commitment of those who sacrificed their lives for the country. On this day, the great freedom fighters Bhagat Singh, Shivaram Rajguru, and Sukhdev Thapar were hanged to death by the British rulers of India in 1931. This day is also marked on January 30, the day when Mahatma Gandhi was assassinated.\n<\/p>"},{"type":"txt","id":"rich_1648113339104","data":"\nShaheed Diwas is observed across the country ruminating the bravery and strength shown by our freedom fighters at the time of India\u2019s struggle for Independence. The Three freedom Fighters, Sukhdev Thapar, Bhagat Singh, and Shivaram Rajguru were sent to jail. This Trio was sentenced to death and was hanged in the Lahore Jail on March 23, 1931.\n <\/p>"},{"type":"img","id":"img-uid-1648113339108","data":"623c37533a8ab"},{"type":"txt","id":"rich_1648113339105","data":"\nThis year on Shaheed Diwas, as a part of Azadi ka Amrit Mahotsav, Nehru Yuva Kendra Sangathan organized Marty\u2019s day in all the 623 districts with a large number of youth volunteers.\n <\/p>"},{"type":"img","id":"img-uid-1648113339109","data":"623c375e72f68"},{"type":"txt","id":"rich_1648113339106","data":"\nOur honorable Prime Minister Mr. Narendra Modi, to encourage more people to take part in this ceremony, inaugurated Biplobi Bharat Gallery at the Victoria Gallery Hall in Kolkata. That showcases the contributions of those who devoted their lives to our Freedom.\n <\/p>"},{"type":"img","id":"img-uid-1648113339110","data":"623c37661ffc7"},{"type":"txt","id":"rich_1648113339107","data":"Let's pay respect to the people who laid their lives for India's freedom. May their ideas continue to inspire us! <\/p>"}]

Experience the best version of stumagz by getting the app.

Get College News, Updates
at just 5 MB

Complete Form

Experience the best version of stumagz by getting the app.

Get College News, Updates at just 5 MB

Complete Form

Get College News, Updates
at just 5 MB