Ramesh Damani helps equity market analysis platform StockEdge raise pre-series A funding

Must Read

President Ram Nath Kovind appoints new governor for Kerala, Telangana, Himachal Pradesh and Maharashtra

President Ram Nath Kovind appointed new governors for Maharashtra, Kerala, Telangana, Rajasthan, and Himachal Pradesh on Sunday. https://twitter.com/ANI/status/1168037199767457792 Former Union Minister Kalraj...

NRC list for Assam released; Fear looms as 19 lakh people face exclusion

NRC (National Register of Citizens) for Assam has been published at 10 am today. The final list excludes over...

Lateral Entry Era Begins as Union govt. appoints 9 professionals to Joint Secretary posts

The government has appointed its first batch of private professionals to the post of Joint Secretary in various ministries....

Kolkata-based Kredent Infoedge, the fintech company that operates StockEdge, has raised an undisclosed amount of funds in pre-series A round from ace investor Ramesh Damani, along with others.

This marks the first external funding round for the equity market analysis platform.

The fresh funds will help it develop new and innovative products to enable investors, traders, and professionals to profit from the markets.

StockEdge was founded by IIM Indore alumni Vineet Patawari and Vivek Bajaj, along with Vinay Pagaria in 2016. It provides a platform for investors and professionals to analyse the equity market by offering them end-of-day analytics, visualisations, and alerts.

Talking about the investment, Mr. Vivek Bajaj, Managing Director of the company, said, “We are excited to have Mr Ramesh Damani joining us as an investor. This round of funding is a testimony to the bright future that FinTech startups like us, with focus on knowledge, have. Kredent InfoEdge has always been on a mission to spread financial literacy in India and this investment made by Mr. Damani will enable us to introduce new and innovative products that will help the participants to build a career and the investors, traders and professionals to profit from the markets.”

The platform also offers StockEdge Club, a community of stock market investors, providing education and networking opportunities both online and through its chapters across eight cities in India.

Other players in the growing Indian fintech space include Paytm Money, Moneyfront, Balance Technology, Walnut, Sensibull, among many others.

Earlier this month, wealth management platform Paytm Money was launched for the for the public.

In August this year, Paytm acquired smart savings management startup Balance Technology, to strengthen its financial services vertical. Also, fintech startup Capital Float acquired personal finance management startup Walnut for $30 million.

Indian fintech domain is witnessing a rise in the number of startups, owing to the expected growth in the domain.


Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Restored Jayakar Bungalow in NFAI Pune inaugurated

Pune, Sep 15 (IANS) Union Information and Broadcasting Minister Prakash Javadekar on Sunday inaugurated the newly renovated heritage building...

Yogi, ministers attend session on leadership at IIM-Lucknow

Lucknow, Sep 15 (IANS) For the second consecutive Sunday, Uttar Pradesh Chief Minister Yogi Adityanath, along with other cabinet ministers and IAS officers at...

Modi, Trump at Houston will be all about quid pro quo (Guest Column)

By Robinder Nath SachdevThe ducks seem to be lining up for President Donald Trump to join Prime Minister Narendra Modi at the Indian-American community...

Farmer electrocuted in UP, wife critical

Lucknow, Sep 15 (IANS) A farmer was electrocuted to death while his wife sustained serious injuries in Uttar Pradesh's Chitrakoot district when they came...

Farmers’ woes grow despite hike in MSP

New Delhi, Sep 15 (IANS) While the minimum support price (MSP) set by the government has failed to benefit a large section of farmers,...
- Advertisement -

More Articles Like This