moneyfrog consultants private limited

  • Mumbai, India
  • FinTechPersonal Finance, Data Analytics, Financial Planning

Moneyfrog is a Robo-Advisory Mobile/web platform, to help manage & track Investments with multiple Analytical Tools & buy-sell Mutual Funds.

Founded:
2014
Stage:
Early Revenues
Market:
B2C

Startup Video

Featured

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Selected to pitch at SURGE conference | Claire Petersen

Jan 29, 2016

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Robo-advisory: which one is for you? | livemint.com

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MoneyFrog – Uber For Financial Planning | thestartupjournal

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5 Unique Indian Startups You Should Know About | SiliconIndia

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India's Top 10 Robo Advisors | Network FP


Founded

Launched Website Beta version

Apr

2014

New Product Release

Added Comprehensive help for DIY customers, Blog, My post

Oct

New Product Release

Launched Enterprise Solution Towards agent appointment

Jun

2015

New Product Release

Launched Mobile App - iOS & Android

Jan

2016

Customer

Crossed 400 paid customer mark with 7000+ registered customer base.

Apr

Customer

Crossed 5crs AUM mark In Mutual Funds, With 21lacs SIP book.

Jun

New Product Release

Mobile App - iOS & Android release! For new customers towards Investment Pack.

Jul

Jobs


Team Summary

1) Manoj Chahar, Founder, having 17years of corporate experience in financial markets, worked with Kotak Securities & IIFL group at senior management positions. He was one of the key member in the launch of online-broking platform for Kotak Securities (Kotak Bank) in 2000.

2) Mushtaq Kazi, Co-founder, has worked with Manoj in Kotak Securities & IIFL group with 13 years of experience in financial markets.

3) Kashinath More, Partner, worked with IIFL group, with 10 years of experience in process & compliance.

4) Sanket Utekar, Partner, with 5 years of IT development experience. Last worked with a price comparison firm.

5) Harshada Kadam, Partner, with 5 years of digital marketing experience.

Team


Product/Service Summary

We offer below solutions & convenience to our customers, thru various subscription packages:
1) Data Integration: we help customer to integrate or map his entire financial data under one roof or system, which customers are currently managing thru multiple entities, like bank, brokers & individual consultants.
2) Robo Advisory: based on customer data points on risk, goals, cash-flow; we crunch data, using algorithms & offer solutions/ advice on current & future investments.
3) Execution Platform: we offer online execution platform to customer to buy-sell Mutual Funds, which are selected scientifically & mapped based on Robo-advisory above.
4) Call-Center: we have qualified advisors, who help customers in the entire process of data integration, explanation on advice & finally, execution and customer service.
5) Subscription packages: above solutions are bundled based on customer profile & requirement, and ranges from Rs.500/- to Rs.6000/- annually.

How are we different?

1) We are helping investors from; "Product-Push" approach to "Goal-Pull" approach.
2) Our business has evolved out of prevailing vacuum of managing investors financial well-being & risk. Existing product (push) approach used by Financial brokers & retail Banks does not cater to individuals "Financial Goals & required Risk-cover".
3) We have leveraged technology to marginalise probable misselling resulting from human greed & judgemental error.
4) We have designed a dynamic, algorithm based, robo advisory platform (web & mobile) that maps individual’s financial goals to the best available investment avenues at a given point of time.

Product/Service Descriptions