WealthTech

 

WealthTech in India

From its present market size, the Indian wealthtech market is anticipated to grow. Wealth managers and investors can benefit from wealthtech, also known as wealth technology, which is the use of high-end technologies (such as artificial intelligence, machine learning, big data, and advanced analytics). Due to the assistance the sector has received over the previous few years, the underlying infrastructure and ecosystem have already by now experienced huge growth.

Wealthtech products that have gained popularity internationally and are becoming increasingly commonplace in India which includes:

• Robo-advisors: Digital systems and user interfaces that, with little assistance from humans, provide investors alternatives for managing their investments and giving them financial advice. Based on the preferences and factors of the users, the platforms employ innovative software and algorithms.

• Digital Brokerage: Online tools and platforms that give users access to various investment options, the stock market, and other financial markets.

• Portfolio Management Tool include digital platforms that let users combine their assets and obligations into a single platform for improved management, analysis, and convenience.

• B2B Software Services: Organizational solutions use innovative technology to produce innovative software for wealth management companies.

WealthTech Players in India

• INDwealth
• Zerodha
• Upstox
• Groww
• Cube Wealth