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The Growth Journey of Stockify: From Startup to Fintech Leader

Updated on: 19 July,2024 05:31 PM IST  |  Mumbai
BrandMedia | brandmedia@mid-day.com

Stockify’s journey from a startup to a leading fintech company shows how dedication and a clear mission can lead to success.

The Growth Journey of Stockify: From Startup to Fintech Leader

Stockify

Here’s a look at how Stockify began, what it has achieved, and where it’s headed. 


The Beginning of Stockify

Stockify is a customer-oriented platform for Unlisted or pre-IPO shares was founded in January 2022 with a simple but powerful goal: to make it easy for High Net-worth Individuals (HNIs) and Non-Resident Indians (NRIs) to invest in unlisted and pre-IPO shares. These are shares of companies that are not yet listed on the stock market but have the potential to grow significantly.

Piyush Jhunjhunwala, Stockify's CEO, brings over 20 years of experience from global conglomerates like PepsiCo Inc., Reckitt Benckiser PLC, and Coty Inc. that provides a solid foundation for Stockify's global ambitions.

Rahul Khatuwala, co-founder and head of Indian operations, leverages his extensive network of over 5000 CAs and finance professionals to drive Stockify’s growth.

USP of Stockify

Stockify offers a wide range of investment products, including unlisted and pre-IPO shares, startup funding, mutual funds, and in future will focus on bonds, non-convertible debentures (NCDs), insurance-linked investments, and share dematerialization and investment to HNI via the AIF route.

This variety ensures that investors have many options to choose from based on their investment goals.

Milestones and Achievements

Since its establishment in January 2022, Stockify has made great progress. Within a span of 2 years, they reached INR 85 Cr. (USD 10M approx.) sales in March 2024. Also, the company started with just three people in 2022 and has grown to 20+ team members by March 2023.

Vision & Future Goals

Stockify aims to be the top choice for investing in pre-IPO and unlisted shares, helping investors get in early on high-potential stocks. The company plans to increase its partnerships with banks and wealth management firms from 5 to 15 by December 2024. By December 2025, Stockify aims to reach a revenue of INR 150-160 Cr (USD 20M approx.)  with a PAT of INR 7-8 crore.

They are also planning to host global events for top HNIs in Dubai and key cities in India to educate them about investment opportunities in the Indian market.

As the company continues to grow, it remains focused on helping investors find and invest in high-potential opportunities early.

To know more about Stockify Fintech and its innovative financial solutions, visit https://stockify.net.in/ and https://stockify.net.in/buy-unlisted-shares/

For more information, Call Rahul Khatuwala at +91-9591810391 (Bengaluru, India),

Email: rahulkhatuwala@stockify.net.in or Piyush Jhunjhunwala at +97-1502344662 (Dubai, UAE).

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