Stock investment platform Smallcase has announced an investment of $5 million in Tickertape. Tickertape is a content and information platform for stocks, ETFs, Mutual Funds and other investment instruments, owned by Anchorage Technologies Private Limited.
The Company is a private limited company, incorporated in the year 2021, having its registered office in Bangalore. The company builds technology platforms & investment products for retail investors.
Commenting on the announcement, Ujjwal Ankur, Founder and CEO, Tickertape, said, “The current tools and resources available to a retail investor to understand and manage their finances are fragmented. The need of the hour is to build a comprehensive ecosystem focusing on contextual learning, analysis and execution. We strongly believe that such a platform requires social interaction at its core and are excited to focus our efforts on building community features and collaborative tools on Tickertape.”
Vasanth Kamath, Founder and CEO, smallcase, commented, “Tickertape was launched with an aim to offer institutional-quality resources to the individual investor. Over the last two years, Ujjwal and team have scaled the platform with data, tools and content to become a core part of the investor’s toolkit. With retail investors allocating more to financial assets, we see a huge opportunity to build a vertical community to enable transparent discussions and knowledge sharing around investing and are delighted to back Tickertape in their mission to make investing more inclusive.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.