Verified employee & interview reviews

INDmoney Reviews

Bengaluru, Karnataka

4.5/ 5

2 reviews

INDmoney (legally registered as INDmoney Tech Private Limited) is a prominent Indian financial technology startup that operates as a comprehensive, all-in-one personal finance and investment platform. Launched around 2018–2019 by tech entrepreneur Ashish Kashyap alongside co-founders Amrita Sirohia and Pratiksha Dake, the company is headquartered in Gurugram, Haryana. Positioned as India’s independent Super Money App, INDmoney was established with the core mission of democratizing access to financial services, helping millions of Indians seamlessly track, save, plan, and grow their wealth from a single mobile application. The platform offers a diverse ecosystem of investment products tailored for both passive and active investors. Through its integrated brokerage arm, INDstocks Private Limited, users can open a free demat account within minutes to trade and invest in the Indian share market, including equities, exchange-traded funds (ETFs), initial public offerings (IPOs), commodities, and futures and options (F&O). The application supports advanced trading features such as one-click scalping, interactive TradingView terminals, and automated algorithmic trading, alongside simplified features like daily or weekly systematic investment plans (SIPs) and Margin Trading Facility (MTF) support. In addition to domestic equities, INDmoney is a pioneer in enabling retail investors in India to access international markets. It operates as a licensed Global Access Provider regulated by the International Financial Services Centres Authority (IFSCA) in GIFT City. This regulatory framework allows users to open a compliant US stock wallet, facilitating fast and cost-effective rupee-to-dollar remittances. Investors can purchase fractional shares of leading global tech companies and indexes starting with small amounts, while the platform automatically tracks dividend income and streamlines annual tax reporting. Beyond stock trading, the application provides a robust mutual fund platform that enables commission-free investing in direct mutual fund plans, allowing users to track external holdings and transition from regular plans seamlessly. The platform also features fixed deposits, national pension scheme (NPS) accounts, and insurance options. A core differentiator of INDmoney is its powerful net worth dashboard, which automatically aggregates a user’s entire financial footprint—including bank accounts, credit cards, investments, and liabilities—to provide a unified view of family finances alongside AI-driven expense insights and asset allocation analyses. As a highly successful Series-D startup, INDmoney has raised approximately $143 million from premier global institutional investors, including Tiger Global, Steadview Capital, Dragoneer, Sixteenth Street Capital, and DST Global. Today, the platform is trusted by over 10 million investors across India, continuously expanding its features to enhance financial literacy through its bite-sized educational initiative, IND Learn, and reinforcing its vision to serve as the ultimate operating system for personal finance.