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Sqrrl Fintech

From EverybodyWiki Bios & Wiki

Sqrrl Fintech
Private
ISIN🆔
IndustryFinance
Founded 📆2016
Founder 👔Samant Sikka, Sanjeev Sharma, Dhananjay Singh
Headquarters 🏙️, ,
Area served 🗺️
Products 📟 Mutual Fund
Members
Number of employees
🌐 Websitesqrrl.in
📇 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[edit]

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[edit]

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[edit]

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[edit]

  1. Bajaj, Karan (2018-02-10). "Sqrrl: This free app will solve all investment related confusion". The Economic Times. Retrieved 2018-12-01.
  2. "Your very own money manager". The New Indian Express. Retrieved 2018-12-01.
  3. "Sqrrl makes SIPs investment simple for millennial, eyes 12 Mn users". Entrackr. 2018-02-21. Retrieved 2018-12-01.
  4. "Fintech startup Sqrrl appoints Anupam Sengupta as Head - Marketing & Revenue - Exchange4media". Indian Advertising Media & Marketing News – exchange4media. Retrieved 2018-12-01.
  5. "Save while you spend as Sqrrl makes investing spare change effortless and fun". Sify. Retrieved 2018-12-01.
  6. "Sqrrl raises pre-series A funding of $1M from Equanimity Venture Fund - MediaNama". www.medianama.com. Retrieved 2018-12-01.
  7. "Movers And Shakers Of The Week [20-25 August 2018]". Inc42 Media. 2018-08-25. Retrieved 2018-12-01.
  8. "Regtech has key role in financial services industry | mydigitalfc". mydigitalfc.com. Retrieved 2018-12-01.
  9. "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.
  10. www.ETtech.com. "How this app Sqrrl guides millenials to save money - ETtech". ETtech.com. Retrieved 2018-12-01.
  11. ANI. "Save while you spend as Sqrrl makes investing spare change effortless and fun". Retrieved 2018-12-01.
  12. "Save while you spend with Sqrrl". www.aninews.in. Retrieved 2018-12-01.
  13. Correspondentbengaluru, Special (2018-06-27). "Sqrrl Fintech raises $1 million from Equanimity Ventures Fund". The Hindu. ISSN 0971-751X. Retrieved 2018-12-01.
  14. "Equanimity Venture Fund backs fintech startup Sqrrl in pre-Series A round". VCCircle. 2018-06-25. Retrieved 2018-12-01.
  15. "Fintech Startup Sqrrl Raises $1 Mn From Equanimity Venture Fund". Inc42 Media. 2018-06-25. Retrieved 2018-12-01.
  16. "Fintech Startup Sqrrl raises $1 million in pre-Series A Funding from Equanimity Venture Fund - TechStory". TechStory. 2018-06-25. Retrieved 2018-12-01.
  17. Mohan, B Krishna (23 September 2018). "Invest with a purpose". Telangana Today.
  18. Palmiter, Alan. "Who are mutual fund investors?". Research Handbook on the Regulation of Mutual Funds: 112–140. doi:10.4337/9781784715052.00012.
  19. Mohan, B. Krishna (26 September 2018). "Fintech firms plan to add more products". Telangana Today.
  20. "Save while you spend as Sqrrl makes investing spare change effortless and fun". Outlook India. Retrieved 2018-12-01.
  21. Bureau, BW Online. "India s First Investment App Sqrrl Launches in 8 Regional Languages". BW Disrupt. Retrieved 2018-12-01.
  22. "Vernacular Apps - making financial inclusion dream a reality". Deccan Chronicle. 2018-05-17. Retrieved 2018-12-01.
  23. ANI (2018-02-16). "Save while you spend as Sqrrl makes investing spare change effortless and fun". Business Standard India. Retrieved 2018-12-01.
  24. www.ETtech.com. "DIY investment app Sqrrl raises $1 million - ETtech". ETtech.com. Retrieved 2018-12-01.
  25. "Saving the Sqrrl Way". Outlook India. Retrieved 2018-12-01.
  26. "How much do I need to retire? | mydigitalfc". www.mydigitalfc.com. Retrieved 2018-12-01.
  27. "New age tools making investing in MFs easy". Telangana Today. Retrieved 2018-12-01.
  28. 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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