ORO Wealth is an online wealth management platform that offers fixed-return investments in corporate bonds and mutual funds, allowing users to earn predictable returns while minimizing exposure to equity market volatility. By enabling investments starting from ₹10,000, ORO Wealth democratizes access to diversified financial planning services traditionally available only to high net worth individuals.
Funding
Funding not disclosed
Founders
Product
Problem
Many individuals lack access to diversified financial planning services, particularly for fixed-return investments, often due to high minimum investment thresholds and limited accessibility to sophisticated investment options beyond traditional equity markets. This restricts their ability to build a passive income stream and mitigate exposure to equity market volatility.
Solution
InCred Money (formerly ORO Wealth) is an online platform that broadens access to fixed-return investments, such as corporate bonds and mutual funds, enabling users to earn predictable returns and diversify their portfolios. The platform allows investments starting from ₹10,000, democratizing access to investment opportunities traditionally reserved for high-net-worth individuals. By focusing on non-market-linked investments, InCred Money provides a way for investors to achieve financial goals with greater predictability and reduced exposure to the fluctuations of the equity market.
Target Audience
The primary target audience includes retail investors seeking fixed-return investment options to build a passive income and diversify their portfolios beyond equity markets, particularly those who are new to investing or have limited capital.
Features
- Access to corporate bonds with fixed returns, providing predictable income streams.
- Mutual fund investments with options for diversification across various asset classes.
- Low minimum investment threshold of ₹10,000, making it accessible to a wider range of investors.
- Portfolio management tools to monitor and manage investments.
- Mobile apps for convenient access and management of investments on the go.