India-based wealth management startup Tarraki has entered into a strategic partnership with alternate investment platform smallcase.
The partnership will see the companies offer long term equity portfolio to their users.
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It will enable investors to invest in a ‘well-diversified basket of stocks’ selected via a multi cap and multi sector strategy.
They will have access to in-depth overview, factsheets, and exposure to a professionally researched portfolio, allowing investors to make informed decision.
Tarrakki founder Saumya Shah said: “This partnership with smallcase will help investors to intelligently invest in a diversified basket of stocks which will lower the risks present in investing in a single company or a stock.
“The smallcase integration makes equity investments for the investors simpler by extending the pool of investment options any user has.”
smallcase Technologies founder and CEO Vasanth Kamath added: “smallcase is on a mission to change how India invests by partnering with investors, advisors, brokers and other market participants who are open to game-changing innovation.
“Partnering with a comprehensive wealth management platform like tarrakki is in line with this mission and will encourage Indians to invest more smartly by providing an extensive range of investment options that are qualitative and unique.”
Established in 2018, Tarrakki offers over 3,500 mutual funds from 42 asset management companies.
The firm caters to tier-I, tier-II, and tier-III cities across the country including Maharashtra, West Bengal, Gujarat, and Delhi.
To date, the firm has cumulatively raised $225,000 in funding.
Recently, American investment major Goldman Sachs announced plans to hire more than employees in India by 2023 as it looks to bolster its operations globally.
