TechKnowable
Making Investments Simpler? the founder’s prior work in the analytics industry and as a stock market investor served as the inspiration for Trendlyne. Amber Pabreja, the founder of Trendlyne, learned that stock market investment required her to sit through complicated, frequently contradicting material.
Accordingly, the company created its financial analysis, screener, and alerting tools.
The company’s guiding principle is that institutional-quality financial solutions may be made widely accessible. Backtesting, intricate screeners, and real-time alerts are a few examples of technologies that assist investors achieve outsized returns, but they have always been prohibitively pricey for average investors. The group aimed to expand the user base for the items while also employing algorithms to quickly assess the quality of a stock.
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Screeners and backtesting, Democratizing the stock market, in Pabreja’s opinion, benefits investors and the stock market alike.
Accordingly, the company created its financial analysis, screener, and alerting tools.
Startup founders frequently approach a market with the mindset that “tech will solve anything.” Pabreja considers technology to be a crucial component. However, it is not a magic solution, and one must deal with issues like challenging circumstances, rules, obstinate competitors, unanticipated client preferences, or considerable cost concerns.
“I would advise taking the time to conduct thorough research, speak with industry experts, and launch the business with a senior team member or a highly active investor from the sector. It is a complicated sector with a wide range of prospects. Since there are so many participants and it is so broad and diverse, it is important to understand your market’s size, demographic, and legacy infrastructure “said Pabreja to the aspiring businesspeople.
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In order to expand the size of its staff within the next six to eight months, Trendlyne will need to raise further money after about nine to twelve months. In addition, Trendlyne is planning to launch a number of new products for the Indian market in the upcoming fiscal year, which will be made available to both B2B and B2C consumers. Both B2C and B2B clients are served by the business. The majority of the B2B clients are brokerages. Pabreja claims that TrendLyne has 21 significant B2B clients, including the largest brokerages in India, and distributes roughly 800 million pages and APIs per month to big companies and start-ups in the financial market arena.
In order to expand the size of its staff within the next six to eight months, Trendlyne will need to raise further money after about nine to twelve months. In addition, Trendlyne is planning to launch a number of new products for the Indian market in the upcoming fiscal year, which will be made available to both B2B and B2C consumers. Both B2C and B2B clients are served by the business. The majority of the B2B clients are brokerages.
