Tauro Wealth, India based stock market investment platform has raised an undisclosed amount from TracxnLabs and a few other angel investors. The raised funds will be used to build a better technology along with hiring more developers.
Started by IITians Harsh Vardhan Singh and Anand Vivek Srivastava, Tauro Wealth helps the investors in finding the right stock options. It aims to bridge down the gap for investors in finding the right stock option, as investing is still a tricky business. It gives a simpler solution to the investors by allowing them to research for the profitable portfolios and helps them investing in the same. The platform is very simple interface for existing and new investors and it charges them accordingly.
The startup is targeting the $200 Million market of retail investors. However, the number of investors is not even 2% of the total Indian population and the startup feels that by providing better technology and transparency, it can get more people to invest in the stock market.