FinovateEurope 2017 / Marketsmojo
Presenter Profile:
How they describe themselves: Marketsmojo is a multi-algorithm based financial investment analysing platform which is full coverage and unbiased. Company analyses over 30 Million data points every day which covers market movements, fundamental research, technicals, expert recommendations, news across web, portfolio strategies and other environmental factors that may affect an investors decision making process. Platform caters to direct clients and also as an integrated API for various financial intermediaries. Revenue Model- Content and transactional
How they describe their product/innovation: Marketsmojo is a multi-algorithm based financial investment analysing platform which is full coverage and unbiased. Over 500 formulas run on every listed stock which is based on fundamental research, technicals, expert broker recommendations, price movement, news and sentiment. All of this gets summed up to- Quality, Valuation and Current Financial Trend. Portfolio Analyser, similarly evaluates every opportunity with a 7 parametric approach. Clients investments are validated on stock selection, portfolio analyser, news relevancy, experts ratings & relevancy and momentum. TA- Retail and Institutional Clients via API
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contact
Bus. Dev., Press & Sales: Dr. Mohit Batra, mohit@marketsmojo.com, +919819027328
Website: marketsmojo.com
Twitter: @marketsmojo
HQ: Mumbai, India
Founded: May 2015
Product Demoed: Marketsmojo
Product Launch: May 2015
Metrics: Number of employees – 15, money raised so far – $0.5M USD @ USD 10M valuation, otherwise company is self funded by promoters, revenues FY 2016-17, USD 1M, registered users- 100,000, daily traffic on site – 100,000 investors, revenue partnerships with Bloomberg India and Kotak Securities.
Presenters: Dr. Mohit Batra (CEO & Founder), Joyson Thomas (Founder)
- Key Executives
Dr. Mohit Batra (CEO & Founder), Mr. Joyson Thomas (Founder)
Key Stats
- Key Board Members
Dr. Mohit Batra (Director), Joyson Thomas (Director), Mr. Sunil Damania (Advisor to the Board)
- Key Investors
Mr. Haresh Chawla (Founding Investor and Advisor), Haresh R. Chawla is a Managing Partner, India at India Value Fund Advisors Private Limited. He earlier had an extremely successful 12-year stint as Group Chief Executive Officer at Network18, where he grew the company from $12 million in 2001 to over $ 500 million in 2012.
- Key Advisory Board Members
Mr. Haresh Chawla (Advisor and Mentor), Mr. Sunil Damania
- Key Partnerships
Kotak Securities, Bloomberg India
- Key Customers
B2C – Investor Community, B2B – Brokers, Advisors, Banks, Financial Cos, Media