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Stockify brings digital mutual funds and dematerialization of shares

By Gloria Mathias

September 26, 2023

  • Demat Account
  • Dematerialization of Funds
  • digital services

Stockify, Digital Services, Financial Technology, Personal Finance, Mutual Funds, Shares, Stock Broking, Dematerialization of Funds, India FinTech   Stockify, a platform for unlisted and pre-IPO shares in India, has announced plans to venture into the Mutual Fund space in a strategic move to expand its offerings and provide a comprehensive suite of financial services.

This development comes as part of Stockify’s mission to assist High-Net Individuals (HNIs) and Non-Resident Indians (NRIs) in accessing various investment opportunities in India via the pre-IPO route and maximizing their wealth. The company is also set to facilitate the Dematerialization of Shares. (Conversion of Physical Share to DEMAT account.)

The company was founded by Piyush Jhunjhunwala (CA, CPA) and co-founded by Rahul Khatuwala (CA) both seasoned finance professionals with decades of experience in global conglomerates.

Stockify has already carved a niche for itself in the Indian Financial landscape. The platform primarily focuses on providing access to Blue-Chip Stocks before their listing on the Indian Stock Market (via the Pre IPO Route) enabling early investors to potentially achieve significant returns.

While expressing the company’s intent behind expanding its services, Jhunjhunwala said, “Mutual Funds are the backbone of the Indian Equity market, and we believe it is important that NRI and retail investors in India can greatly benefit from our new offering and this will help them in creating long-term wealth.”

Currently, Stockify boasts 70 Unlisted/pre-IPO companies on its platform, with in-depth research conducted on all of them as stated by Jhunjhunwala. It offers a simple online process where transactions can be completed online, and shares get transferred to the client’s DEMAT account on the same day.

With its ambitious expansion plans and commitment to innovation, Stockify is set to continue reshaping the way investors access and engage with financial opportunities in India and beyond.

Stockify is a customer-oriented platform for Unlisted or pre-IPO shares in India. Its mission is to help HNIs and NRIs access multiple unlisted shares via the pre-IPO route and maximize investors’ wealth.

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