“We have started inviting users who have signed up for early access,” the investment platform tweeted on Friday. “We’ll be building with early users, with a wider rollout in the next few days.”
Hello India We are thrilled to share that Dhan App is now available for early access on Android and iOS🚀We have… https://t.co/9MPMTsEgdB
— Dhan (@DhanHQ) 1631859237000
enhance financial services It plans to go live with its stock-trading and investment product by the end of this year and is in the early stages of discussions to “functionalize” its insurance and wealth management offerings, according to an August 10 ETTech report about the company. .
acquisition of Moneylicious Securities, a stockbroking firm.
“The way we envisage creating Rise Financial Services is as a holding company with multiple lines of business in the form of subsidiaries. The acquisition of Moneylicious is the first step in this direction,” Jadhav had then said .
In February, Raise Financials
raised seed fund From Mirae Asset’s early-stage fund, and US-based social leverage, Bloom Ventures Founders Fund and Multi-Act Equity.
Also read technical news of the day
India is one of the largest digital payment markets in the world, even though access to them is limited to urban areas. Now, the government will scrutinize the best ideas received from startups to take digital payments to rural areas, where 65% of Indians live.
read now
Rise Financial is positioning itself as a money management platform for financially conscious clients with a diversified wealth portfolio. It will also enter the insurance distribution business, specifically catering to urban India. Its rivals will include unicorns like zerodha and Grow, as well as IPO-bound Paytm and Policybazaar India.