Stockify Fintech Expands to Kolkata, Aiming to Elevate Eastern India's Investment Scene

Stockify Fintech, a platform known for offering unlisted and Pre-IPO shares, is expanding its operations to Kolkata. This move targets high net-worth individuals and non-resident Indians in Eastern India, offering a range of investment products. Founded by Piyush Jhunjhunwala and Rahul Khatuwala, the company aims to maximize investors' wealth.


Devdiscourse News Desk | Bengaluru | Updated: 22-08-2024 18:10 IST | Created: 22-08-2024 18:10 IST
Stockify Fintech Expands to Kolkata, Aiming to Elevate Eastern India's Investment Scene
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Stockify Fintech, a prominent platform specializing in unlisted and Pre-IPO shares, has announced an expansion of its operations to Kolkata, targeting the burgeoning business community in Eastern India.

Founded by Piyush Jhunjhunwala and Rahul Khatuwala, Stockify aims to provide High Net-Worth Individuals (HNIs) and Non-Resident Indians (NRIs) access to unlisted shares, boosting investor wealth. Already established in Bangalore and Dubai, the move to Kolkata is part of a broader strategy to reach more investors in this dynamic region.

"Kolkata is a strategic step in our growth plan. By expanding to this vibrant city, we're not only reaching a new and dynamic business community but also empowering investors in Eastern India with unique investment opportunities," said CEO Piyush Jhunjhunwala. The new office in Kolkata aims to cater to the demand for unlisted shares and startup funding, supported by a dedicated team of 10-15 members.

Stockify offers a variety of investment products beyond unlisted shares, including startup funding, mutual funds, bonds, non-convertible debentures (NCDs), and insurance-linked investments. The company aims to hit $20 million in revenue this year and plans to educate top HNIs in Dubai and key Indian cities about vast investment opportunities.

(With inputs from agencies.)

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