Smallcase Technologies exemplifies how sophisticated know-how of both the markets and software can be combined to make investments easy
Vasanth Kamath, co-founder and CEO, Smallcase
It has never been easier for the aam aadmi to invest in the Indian stock markets and aim for better returns than fixed deposits. Wealth management is another dimension on which the fintech landscape is expanding.
As an example of fintech companies that are innovating here, Smallcase Technologies exemplifies how sophisticated know-how of both the markets and software can be combined to make such investments easy.
Smallcase’s curated baskets of stocks and exchange traded funds (ETF) have made the choices user friendly—pick the ones that suit your goals and risk appetite. For the more involved investor, Smallcase also offers a growing set of tools for analytics and portfolio management.
The company’s user base grew by 30 percent in FY24, says Vasanth Kamath, co-founder and CEO, cumulatively crossing the 10-million-mark by number of users and $9.3 billion in total transaction value since Smallcase started in 2016. In the last 24 months, customers who’ve actively used Smallcase on a monthly basis have tripled to about 6,00,000, he says.
Existing users entrusted it with a larger share of their portfolio during last year, leading to net inflows rising 50 percent, he says. The company is ready to offer a more comprehensive experience. What started with stocks has expanded to include ETFs, REITs, mutual funds and fixed-income products—all packaged within ‘smallcases’.