Kotak Securities invests Rs. 10 crore as part of its recently launched Start-up Investment and Engagement Programme focussed on empowering the retail investors with the technology and digital offerings.
As part of our Start-up Investment Programme, Kotak Securities (KSL) is pleased to announce its association with Kredent InfoEdge Private Limited (KIPL). KIPL is a financial technology start-up, focusing on training people through learning and analytics platforms. The company offers three brands – Elearnmarkets.com (e-learning platform focusing on training users), StockEdge (research & analytics platform for stock market investors) and StockEdge Club (social marketplace platform for investors and traders). Kotak Securities has closed an investment of Rs. 10 crore in the company. KIPL plans to use the fresh funds as part of growth capital to drive marketing efforts, scale-up the e-learning and fintech business, and enhance technology offerings. Kotak Securities will explore providing e-learning and digital value added services to its customers.
Kotak Securities had launched this Start-up Investment and Engagement Programme under the Corporate Development Team (CDD). The focus of this programme is to invest, partner, or co-create products with start-ups in the financial technology space. Through this initiative, Kotak Securities aims to innovate and build its competitiveness in the broking domain by way of technology and product innovation.