Private Equity Oriented

  • LetsVenture: Crowdsourced VC (India)
    • Private Equity / Unlisted companies 
  • OurCrowd: Crowdsourced VC (Global)
    • Private Equity, Unlisted companies, enables retail to LP Funds (small ticket sizes)
    • US Based, Jason Calacanis is the founder, high quality deal sourcing/diligence.
    • Takes Indian clients also, they do all the LRS and other work for you.

Public Equities 
Alternative MF/ETF/AIF structures

  • Smallcase:
    • Baskets of stocks purchased through your regular broker
    • Very expensive (fees) for smaller ticket sizes
    • As of Nov 7, 2022: prices have become reasonable (₹100 or 1.5% whichever is less for initial investment and ₹ 10 on each change, SIP, rebalance etc).
    • More transparency than regular MF (you always know exactly what’s in your portfolio)
  • Wealthdesk:
    • Similar to Smallcase
  • Not yet checked out:
    • Stratzy
      • Millennial and Genz users

Debt/Fixed Income Oriented

  • CredAvenue (now known as Yubi): ~7000 cr
    • Debentures, Bonds, Commercial Paper, 
    • Claims 1Mn+ retail customers
  • Grip Invest : ~300 Cr
    • Private Equity, Asset Leasing
    • Investments are via LLPs. Each asset is purchased in an LLP and all investors become partners of the LLP. This is tax efficient but regulatory & compliance burden is massive. Just not worth the reporting hassle.
    • Support is very poor.
  • Jiraaf : ~300 Cr turnover
    • Invoice Discounting, Asset Leasing, Corporate Debt, Revenue Based Financing
  • WintWealth
    • Bonds (Primarily NBFC)
  • Golden Pi
    • Bonds (wide variety)
    • Low third party volumes
  • BondsKart
  • IndiaBonds

Crowd Sourced Property Investment / Real Estate

US / Global Equities

  • IndMoney : popular; provides semi-robotic “wealth management”/reporting as well as ability to invest in MF, ETF, US Equities etc.
  • Winvesta : US Bank account + ability to invest in global Equities, startups, real-estate
  • Vested : Fractional share investing in US / Global equities
  • ZeroDha
  • Fintox
  • Kuvera
  • Interactive Brokers : OG, Full service broker

Recent Trading / Investing / Broking Apps