Mr. Ramesh Damani, a reputed investor in India and also an investor in Kolkata based fintech firm Kredent InfoEdge launched the application
Kredent InfoEdge Pvt Ltd, a leading FinTech company from Kolkata, launched their goal based financial planning App, Kredent Money, at a Seminar on stock markets organized by the company in association with Motilal Oswal. The Seminar was conducted by Ace Investor Mr. Ramesh Damani followed by the launch of Kredent Money. Apart from Mr. Damani, the seminar was also addressed by Kredent InfoEdge Founder Mr. Vivek Bajaj and Mr Chandan Taparia, Motilal Oswal’ s Market Expert .
Initially Kredent Money will be offering goal based financial advisory and transactions in mutual funds and gradually will add other financial instruments. The App will be available on both IOS and android. The users can share their financial goals and receive personalized artificial intelligence (AI) driven advisory for free.
The app will recommend investments in regular plans of all categories of mutual funds, including equity and debt schemes. The app also offers users to choose from plans like Education, Marriage, Be Wealthy, Vacation, Car, Buy a Home, Start Business. One can start investing in the plan of their choice from within the app. Kredent Money is registered with Association of Mutual Funds in India.
Commentating on this launch Mr. Ramesh Damani, Pre-Series A investor in Kredent Info Edge – “Kredent Money is a completely transparent system. You can track and manage your investments from within the app. What’s more, it contains knowledge content for users to learn about goal planning for free.”
Further commenting on the launch, Founder Kredent InfoEdge Pvt Ltd Mr. Vivek Bajaj “Amid the rising demand for higher returns in slowing markets, retail investors can now find an unbiased and personalized advisor. Kredent Money is your personalized robo advisor that uses its algorithms to understand your goals, analyse the market and recommend financial instruments to meet those needs.’ – added.
Kredent InfoEdge is a forerunner in simplifying investing in India, Kredent InfoEdge Pvt. Ltd. has been successfully democratising financial information since its inception in 2008 through its verticals Kredent Academy , Elearnmarkets.com and StockEdge App. Currently they have One million plus downloads for StockEdge and 150,000+ registered users in Elearnmarkets. The company is now preparing for its Series A round to strengthen its offerings. Mr. Ramesh Damani was a Pre-Series A investor in the company.