Etmoney
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| Type of business | Private |
|---|---|
Type of site | Finance |
| Founded | 2016 |
| Headquarters | , India |
| Owner | Times Internet |
| Key people | Mukesh Kalra (Founder and CEO) & Santosh Navlani (COO) |
| Industry | Finance and Insurance |
| Services | |
| Website | www |
| Current status | Active |
ETMONEY is an Indian financial services platform based out of Gurugram, Haryana. It allows users to invest in financial products like Mutual Funds, Fixed Deposits, NPS and also buy Insurance and take instant personal loans on the platform. ETMONEY is a part of The Times Group.
Features[edit]
ETMONEY offers free of cost Mutual Fund investments to its users with Zero Commission Direct Plans..[1] It allows Mutual Fund investors to start instant and paperless SIPs using an online mandate called EasyPay.[2] The platform also offers the feature of SmartDeposit that claims to give higher returns than savings accounts without much risk.[3]
In 2020, ETMONEY launched a Tax Savings Solution that allows anyone to save up to ₹78,000 in taxes by offering multiple tax saving options at one place[4]
History[edit]
ETMONEY was founded by Mukesh Kalra in 2015. In 2016, the platform rebranded itself from SmartSpends to ETMONEY and extended its services to Mutual Fund investments. In 2018, the company started offering Zero-Commission Direct Mutual Funds to its users.[5] In 2020, the platform enabled investments in the National Pension System and also started offering Fixed Deposits in collaboration with Bajaj Finance.[6]
Awards[edit]
- 2019 BFSI Awards - Best Fintech Startup[7]
- 2019 Mobexx Awards - Best Mobile App for Financial Services[8]
External links[edit]
References[edit]
- ↑ ETMoney Moves To Zero-Commission Direct Mutual Funds To Take On Paytm Money, Flipkart Retrieved on 04 September 2018
- ↑ ETMONEY starts instant, paperless set up for mutual fund SIPThe Times of India Retrieved on 11 June 2019
- ↑ ETMoney launches 'SmartDeposit' to help consumers earn 7-8% interest on their savings account Retrieved on 15 December 2016
- ↑ Use the ETMONEY app to save up to Rs 78,000 in tax Retrieved on 28 January 2020
- ↑ SmartSpends Rebrands As ETMONEY, Introduces Mutual Fund Transaction Services Retrieved on 26 September 2016
- ↑ ETMONEY introduces seamless, instantaneous investments in NPS Retrieved on 19 February 2020
- ↑ Which Are The Most Successful Fintech Startups In India?
- ↑ Winners list
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