Fintech startup Rural Invest equips people from rural India to save for the future by channelising money into mutual funds through SIPs.
Basic Information
Rural Invest intends to inculcate a habit of saving in the country’s rural population so that they can make financially informed goal-oriented decisions towards securing a better future for themselves and their family. The startup has developed a mobile application specifically for people residing in rural areas to invest in mutual funds through systematic investment plans (SIPs). Started by Naman Tekriwal, Raghav Sharma, Satyam Mehta, and Madhav Sharma, the fintech startup equips people from low-income backgrounds to save for the future, by channelising money in small denominations periodically. Rural Invest has partnered with Tarakki, a SEBI-registered investment advisor, which is guiding the startup and its product, as well as lending a hand in the areas of app development, and market research.
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