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Business News/ Brand Stories / Stockify broadens horizons with Mutual funds and dematerialization of shares
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Stockify broadens horizons with Mutual funds and dematerialization of shares

Stockify plans to expand its offerings to include mutual funds, start-up funding, and corporate bonds.

Stockify broadens horizons with Mutual funds and dematerialization of sharesPremium
Stockify broadens horizons with Mutual funds and dematerialization of shares

New Delhi (India), October 20: In the constantly evolving world of finance and investment, opportunities are explored and expanded every minute. Stockify is emerging as a notable name in this realm, pushing the boundaries of traditional investment avenues. The company is garnering significant attention from investors by offering a diverse array of financial products and services. From Unlisted | Pre-IPO shares to Mutual Funds, Bonds, Insurance-Linked Investments, and more, Stockify provides its clientele with an extensive range of investment options, all of which are accessible through 100 % digital access.

Spearheading the company is Piyush Jhunjhunwala, the founder & and CEO of Stockify and a highly experienced finance professional with over two decades of experience in global Multinational companies like PepsiCo, Reckitt, Coty, etc. The company also boasts the expertise of co-founder Rahul Khatuwala, an accomplished Chartered Accountant and entrepreneur, known for his fintech company, Finaco. Together, they have created a firm driven by the mission to democratize investing by providing access to retail | HNI investors, both resident and NRI investors with a focus on the Indian unlisted | startup ecosystem and gradually expanding the offering to Mutual Funds, Bonds, and other financial products.

Currently, Stockify has 70+ unlisted companies listed on its platform. Its rapid growth and success became evident as it achieved an investment of 1.0 crore via its platform within its first few weeks of operation. The company’s ambitious target for the current fiscal year is 150 crore and 250 crore for the next fiscal.

Additionally, it has emerged as the 2nd largest website in terms of traffic for unlisted | Pre-IPO stocks in India, with around 35K+ monthly visitors and serving approximately 2,000+ customers. Starting with just a few members in March 2021, today, they boast a dedicated team of over 20+ professionals working from various locations, including Dubai, Delhi, Kolkata, Mumbai, and Bangalore & Kanpur. Their business development trajectory anticipates further expansion, aligning with their growth and vision. Stockify also collaborates with more than 20+ associate companies, fostering a network of expertise and resources.

Looking ahead, Stockify's future plans are equally ambitious. While the platform began with Unlisted Pre-IPO offerings, it has recently acquired a mutual fund license from SEBI (Securities and Exchange Board of India) and is gradually venturing into Start-up funding/placement, corporate bonds/NCD offerings, corporate Insurance, and many more. With its standout portfolio of offerings, Stockify has become a pioneering force, presenting its audience with a vast range of investment opportunities. The company’s mission is to empower investors, whether residing in India or abroad, to access early-stage investment opportunities. Furthermore, its impressive growth story suggests that it is on the right track.

For more information, visit https://stockify.net.in/

E: info@stockify.net.in ,Call Rahul Khatuwala on +91-9591810391 (Bengaluru, India), E: rahulkhatuwala@stockify.net.in or Piyush Jhunjhunwala on +97-1502344662 (Dubai, UAE).

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

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Published: 20 Oct 2023, 07:57 PM IST
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