Pickright is a fintech marketplace platform that offers automated investment management and expert trading advisory services, allowing users to create personalized investment plans without minimum investment requirements. The platform addresses the challenge of navigating diverse investment options by providing readymade portfolios and continuous monitoring, enhancing user confidence and potential returns.
Funding
$200K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many retail investors lack the expertise and time to navigate the complexities of the stock market, often leading to suboptimal investment decisions. The abundance of conflicting financial advice and the need for continuous market monitoring further exacerbate this challenge.
Solution
Pickright is a fintech platform that provides automated investment management and expert trading advisory services, designed to simplify investing and trading for retail users. The platform offers curated "Investpacks," which are diversified portfolios constructed by SEBI-registered advisors, encompassing equities, ETFs, gold, and bonds. These portfolios are continuously monitored and rebalanced to mitigate market volatility. Pickright also provides trading calls and advisory services across various asset classes, delivered by financial experts, to help users make informed decisions.
Target Audience
Pickright targets retail investors, particularly those new to the stock market or lacking the time and expertise for active portfolio management, who seek reliable advice and automated investment solutions.
Features
- Readymade Investpacks: Diversified portfolios managed by SEBI-registered experts.
- Trading Advisory: Access to trading calls and expert advice for various asset classes.
- Portfolio Rebalancing: Automated adjustments to maintain optimal asset allocation.
- Brokerage Integration: Seamless investment and trading through partnerships with leading brokers like Zerodha and Upstox.
- SIP Calculator: Tool to estimate returns on investments.
- SEBI Compliance: Adherence to regulatory standards for secure and trustworthy financial services.
- Mobile App: User-friendly interface for portfolio monitoring and trading on the go.