Make money rich:a Bengaluru-based wealth administration know-how firm has launched ORCA, India’s first funding platform to supply a one-stop answer for merchants and traders to be taught, analyze and make investments in varied asset lessons capital market belongings akin to shares, IPOs, futures and choices, currencies, mutual funds and commodities.
ORCA fills the void in the market the place there is no such thing as a single platform for folks to entry all the data they want about asset lessons and investments. They normally should subscribe to completely different internet service suppliers to be taught, analyze and make investments.
ORC: is obtainable each as a cell app (Android and iOS) and as an internet portal. Currently, the platform permits buying and selling in shares, inventory futures and choices in NSE; shares, inventory futures and choices, currencies in BSE and commodities in MCX. Soon, ORCA will convey Bonds to its platform. ORCA boasts of over 100,000 app downloads on the Android app retailer and has rave critiques.
ORCA is a user-friendly, low-latency buying and selling platform that may work even when web connections aren’t super-fast. Enrich Money expenses clients based mostly on the T20 plan – Rs. 20 for shopping for and Rs. 20 for promoting. But there aren’t any charges on delivering fairness or opening Demat accounts.
Commenting on ORCA, Ponmudi RadhakrishnanCEO of Enrich Money, mentioned, “With ORCA, our aim is to supply a single answer that allows merchants and traders to entry all the data they should make knowledgeable choices and execute trades, the all with out having to undergo the trouble of subscribing to a number of platforms. Its user-friendly interface and intuitive platform encourage folks to totally perceive the market, the completely different asset lessons and the dangers related to every class. ORCA simplifies the method knowledgeable decision-making and supplies customers with a simplified expertise of navigating the funding panorama.”
On Enrich Money’s development prospects, he mentioned, “India has round 100 million Demat accounts. In a rustic of over 1.4 billion folks, there may be loads of room for development. We plan to evolve into an industry-leading wealth administration know-how platform, which can embody wealth administration, robo-advisory and superior buying and selling/funding capabilities for our retail and institutional shoppers, all based mostly on on a stable and extremely out there technological infrastructure”.
Enrich Money developed ORCA fully in-house. Its long-term aim is to alter the habits of traders and allow them to undertake a greater mannequin of studying, evaluation and funding to attenuate threat and maximize returns.
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