Sqrrl Fintech
| Private | |
| ISIN | 🆔 |
| Industry | Finance |
| Founded 📆 | 2016 |
| Founder 👔 | Samant Sikka, Sanjeev Sharma, Dhananjay Singh |
| Headquarters 🏙️ | , , |
Area served 🗺️ | |
| Products 📟 | Mutual Fund |
| Members | |
Number of employees | |
| 🌐 Website | sqrrl |
| 📇 Address | |
| 📞 telephone | |
Sqrrl Fintech is an Indian financial company that provides mutual fund investments through its online platform and app.[1][2][3] The company has launched India’s first investment application and has its headquarters in Gurgaon, Haryana.[4][5][6][7]
History
Sqrrl Fintech was founded in May 2016, by Samant Sikka, Sanjeev Sharma and Dhananjay Singh.[8][9] They started with an initial offering around savings and investment products powered by mutual funds.[10] They launched a micro investment feature that tracks and automates the purchases by rounding off financial transactions, made online.[11][12]
In June 2018, the company announced that it has raised $1 million in pre-Series A round of venture funding from Equanimity Venture Fund.[13][14][15][16]
Operations
Sqrrl Fintech offers a free app-based and web-based financial services platform that currently offers Mutual Fund investment, SIP mutual funds and goal-based investments.[17][18] The company is based in India and as of September 2018, it has 2,00,000 users in India.[19] The application is based on Android & iOS platforms.[20] The app supports Hindi, Tamil, Telugu, Bengali, Gujarati, Marathi, Kannada and Malayalam languages.[21][22]
Products
Sqrrl Away promotes the concept of micro savings by automating savings and rounding up every spend/transaction to the next Rs.100.[23][24][25] The Sqrrl app offers other products such as tax saving, SIP mutual funds, goal-based investments and custom investment plan.[26][27][28]
References
- ↑ Bajaj, Karan (2018-02-10). "Sqrrl: This free app will solve all investment related confusion". The Economic Times. Retrieved 2018-12-01.
- ↑ "Your very own money manager". The New Indian Express. Retrieved 2018-12-01.
- ↑ "Sqrrl makes SIPs investment simple for millennial, eyes 12 Mn users". Entrackr. 2018-02-21. Retrieved 2018-12-01.
- ↑ "Fintech startup Sqrrl appoints Anupam Sengupta as Head - Marketing & Revenue - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. Retrieved 2018-12-01.
- ↑ "Save while you spend as Sqrrl makes investing spare change effortless and fun". Sify. Retrieved 2018-12-01.
- ↑ "Sqrrl raises pre-series A funding of $1M from Equanimity Venture Fund - MediaNama". www.medianama.com. Retrieved 2018-12-01.
- ↑ "Movers And Shakers Of The Week [20-25 August 2018]". Inc42 Media. 2018-08-25. Retrieved 2018-12-01.
- ↑ "Regtech has key role in financial services industry". mydigitalfc.com. Retrieved 2018-12-01. Text " mydigitalfc" ignored (help)
- ↑ "रिटायरमेंट के लिए ये शहर हैं सबसे बेहतर विकल्प, 20 सालों के लिए बस करनी होगी इतनी बचत". www.patrika.com (in हिन्दी). Retrieved 2018-12-01.
- ↑ www.ETtech.com. "How this app Sqrrl guides millennials to save money - ETtech". ETtech.com. Retrieved 2018-12-01.
- ↑ ANI. "Save while you spend as Sqrrl makes investing spare change effortless and fun". Retrieved 2018-12-01.
- ↑ "Save while you spend with Sqrrl". www.aninews.in. Retrieved 2018-12-01.
- ↑ Correspondentbengaluru, Special (2018-06-27). "Sqrrl Fintech raises $1 million from Equanimity Ventures Fund". The Hindu. ISSN 0971-751X. Retrieved 2018-12-01.
- ↑ "Equanimity Venture Fund backs fintech startup Sqrrl in pre-Series A round". VCCircle. 2018-06-25. Retrieved 2018-12-01.
- ↑ "Fintech Startup Sqrrl Raises $1 Mn From Equanimity Venture Fund". Inc42 Media. 2018-06-25. Retrieved 2018-12-01.
- ↑ "Fintech Startup Sqrrl raises $1 million in pre-Series A Funding from Equanimity Venture Fund - TechStory". TechStory. 2018-06-25. Retrieved 2018-12-01.
- ↑ Mohan, B Krishna (23 September 2018). "Invest with a purpose". Telangana Today.
- ↑ Palmiter, Alan. "Who are mutual fund investors?". Research Handbook on the Regulation of Mutual Funds: 112–140. doi:10.4337/9781784715052.00012.
- ↑ Mohan, B. Krishna (26 September 2018). "Fintech firms plan to add more products". Telangana Today.
- ↑ "Save while you spend as Sqrrl makes investing spare change effortless and fun". Outlook India. Retrieved 2018-12-01.
- ↑ Bureau, BW Online. "India s First Investment App Sqrrl Launches in 8 Regional Languages". BW Disrupt. Retrieved 2018-12-01.
- ↑ "Vernacular Apps - making financial inclusion dream a reality". Deccan Chronicle. 2018-05-17. Retrieved 2018-12-01.
- ↑ ANI (2018-02-16). "Save while you spend as Sqrrl makes investing spare change effortless and fun". Business Standard India. Retrieved 2018-12-01.
- ↑ www.ETtech.com. "DIY investment app Sqrrl raises $1 million - ETtech". ETtech.com. Retrieved 2018-12-01.
- ↑ "Saving the Sqrrl Way". Outlook India. Retrieved 2018-12-01.
- ↑ "How much do I need to retire?". www.mydigitalfc.com. Retrieved 2018-12-01. Text " mydigitalfc" ignored (help)
- ↑ "New age tools making investing in MFs easy". Telangana Today. Retrieved 2018-12-01.
- ↑ India, Press Trust of (2018-10-31). "Sqrrl Advices Investors to Choose Mutual Funds the Right Way". Business Standard India. Retrieved 2018-12-01.
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