#Best free trading apps in India in 2023
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Are you ready to take your trading game to the next level? Look no further! In this digital era, where everything is just a tap away, trading has also become more accessible than ever. Thanks to the best freetrading apps in India, you can now trade stocks, commodities, and currencies right from the palm of your hand. Whether you're an experienced trader or just starting out on your financial journey, these apps offer a seamless and user-friendly experience that will revolutionize the way you trade. So let's dive in and discover the top trading apps in India for 2023!
#Best trading apps in India#Best trading apps in India in 2023#Best free trading apps in India in 2023#best free trading apps in India
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Trading is related to buying and dealing with securities to make silk stockings based on daily price changes. However, if you want to trade in the share request, you should have a good grasp of the fundamentals of share trading. Investing is essential these days, as more than savings is required to beat the odds and fulfill all our financial goals. Trade is a primary profitable concept involving the buying and selling supplies good and services and the compensation a buyer pays a dealer. In another case, trading can exchange goods and services between parties. For example, trade can be made between directors and consumers within a company.
Trading is related to buying and dealing with securities to make silk stockings based on daily price changes. However, if you want to trade in the share request, you should have a good grasp of the fundamentals of share trading. Investing is essential these days, as more than savings is required to beat the odds and fulfill all our financial goals. Trade is a primary profitable concept involving the buying and selling goods, supplies, and services and the compensation a buyer pays a dealer. In another case, trading can exchange goods and services between parties. For example, trade can be made between directors and consumers within a company.
Highlights of trading
1. Trade involves the exchange of goods and services substantially in return for money.
2. Trade can happen within a country or amongst trading nations. In the case of transnational trade, the proposition concerning relative advantage speculates that trade benefits all parties; however, critics contend that it leads to a position within countries in reality.
3. Economists recommend free trade among nations, but protectionism like tariffs might present itself because of political motives.
Types of Trading Platforms in India
When performing seamless stock trading without encountering the fences of time and distance, using the best trading platforms for stock trading is relatively apparent. One can do online trading through 3 virtual interfaces that are given below.
There are mainly three types of online trading platforms in India that top dealers and investors exploit.
Mobile- Based
Browser- based
Desktop- based
1. Mobile- based Mobile App
As its name represents, this type of trading platform can be suitable to use through smart phones. Over time, the rapid penetration of mobile devices in India has made this trading platform the best online platform in India 2023. The significant reasons are ease of usage, portability, and no physical barriers.
2. Browser-based/ Web
A browser-based trading platform can be on a web browser like Internet Explorer, Mozilla Firefox, and Google Chrome. This platform is suitable when smart phones and desktops aren't accessible.
For example, if you're from home without a laptop, your trading account can be entered through a web cyber surfer. However, it is usually believed that this type of trading platform is slower than a desktop-based trading platform.
3. Desktop-based
This platform can be downloaded and installed on a desktop or laptop. Though this is undoubtedly the best trading platform in India, you can use if you're between those traders and investors who desire to place quick buy/ sell orders.
The known thing about this trading platform is that consumers can use shortcut keys to carry out different activities like F1 to buy and F2 to sell etc.
Goods Fundamental characteristics of a best trading platform In India
· Quick continuous execution
· Front line and sharp innovative highlights
· Top-level security
· Simple to-utilize interface
· Simple arrangement of exchanges.
List of Best Trading Platforms in India:-
Zerodha Kite Trading Platform
ICICI Direct All-in-1 App
FYERS ONE Trading Platform
Sharekhan Trade Tiger
Angel Broking Speed Pro
Trade Station Trading Platform
Trade Eye Trading Platform
Upstox Pro Trading Platform
Trader Terminal (TT)
10. NSE Now Trading Platform
1. Zerodha Kite
Zerodha Kite is the flagship trading platform of Zerodha, a leading reduction broker in India. Known as one of the best trading platforms in India, it is connected using next-gen technology to match the different requirements of all types of investors. In addition, the platforms offer a wide assortment of features like charting tools, data widgets, integration with third-party apps, etc., to make trading simple and quick.
Pros
1. Multiple Market Watch
2. Comprehensive charting with further than 100 pointers and six map orders
3. Floating Order window
4. Progressive order types are similar as classes with detector entry and cover with limit entry
5. Unified instrument search for quick search over 90,000 stocks and F&O contracts
6. Live ticks, quotes, and order admonitions
7. Ideal integration with Quant tool for carrying out fundamental analysis using geste
8. Analytics
9. Mixing with other investment apps erected by Zerodha consorts
Cons
1. No extent for strategy backtesting
2. Separate after office with the name Zerodha Q
3. Brokerage Charges – Zero brokerage charges, RS 20 per order for intraday
4. Website – Zerodha Kite
2. ICICI Direct All-in-1 App
The ICICIDirect App is an advanced trading and investing platform designed to simplify investment and trading. The simplified UI and UX make the investment process a breeze. Get access to over 50 products and services across all product categories.
Taken as one of the best trading platforms in India among traders and investors, the operation strives to do online trading a lot easier and quicker for users.
Pros
1. Analyze your app's live data and F&O, NSE Nifty 50, & BSE Sensex charts to know your investment status.
2. Please get the latest news, movements, and trends to assess how they affect your investments.
3. Offers multiple watchlists of various investment products like shares, stocks, mutual funds & IPO to track your being and future investments.
4. Use your curated watch list to place your buy and sell orders in your chosen share request securities in seconds.
5. On the exclusive charting tool, compare various scrips, track ongoing and upcoming events, corporate actions, etc...
6. Make guided investing decisions after assessing trending, expertly curated investment ideas.
7. Generate instant limits with the shares in your DEMAT account.
8. Get instant money in your account within 5 minutes of dealing shares withe-ATM
9. Use MTF( Margin Trading Funding) to buy stocks now and pay latterly anytime within 365 days at seductive interest rates.
10. Apply to the rearmost IPO in a few simple ways with the enhanced user experience and interface.
11. Build low-cost, long- term and diversified portfolios with the One Click Equity.
Cons
· Many features similar to Flash Trade and Easy options have yet to be available (Available on ICICI Direct Markets App). However, it'll be available shortly.
Brokerage Charges –0.1 for equity delivery
Website – ICICI Direct
3. FYERS One
It's the best trading platform in India for desktops and allows users to invest in stock from the comfort of their homes. It's declared Fyers the best trading software in India, with striking features that professionals and beginners can use for stock trading.
The trading software is also known for its speed and superb performance that fluently aligns with its easy and precious features.
Pros
1. Advanced charting point
2. Stock screeners
3. Offers free equity delivery trading.
4. Advanced charting with further than 65 specialized pointers
5. In- erected Live Scanner & Trend Scanner
6. Accepts UPI payments
7. Workshop on low bandwidth
Cons
1. No access to exploration reports and trading tips
2. Reliance on 3rd party merchandisers like Omnesys API and Trading View for charting
3. Brokerage Charges – Flat Rs 20 or0.03 per order
4. Website – FYERS One
4. Sharekhan Trade Tiger
Sharekhan Trade Tiger is foremost considered the best online trading platform in India. It's a terminal-based trading software that needs to be downloaded and installed on a desktop or laptop. The application allows dealers and investors to invest across various portions – Equity, Commodity, Currency, and derivations.
Pros
1. Easy access to reports, tips, and signatures by Sharekhan Research.
2. Association with 14 banks for easy online finance transfer to the trading account.
3. Admit direct share request feeds on a real-time basis across NSE, BSE, MCX, etc.
4. Various helpful calculators include Brokerage Calculator, Span Calculator, and Premium Calculator.
5. One-click order placement option.
6. Pre-loaded with over 30 trading approaches
Cons
1. No availability of 3- in- one account
2. No version for Mac notebooks
3. Collective funds aren't available
4. Brokerage Charges –0.50 or 10 paise per share for equity delivery
5. Website – Sharekhan Trade Tiger
5. Angel Broking Speed Pro
Regarding finding the best online trading platform in India, the available options will only be sufficient with the addition of Speed Pro by Angel Broking. The trading platform is known for offering its users a single-window trading experience along with perceptive trade evaluation features.
Another plus point with Speed Pro is the double-quick prosecution of orders and real-time monitoring.
Pros
1. Scrip addition points for various parts, including F&O, Commodity, and Currency
2. The combined best five – get a quick look at the top five bids for buying and selling across BSE and NSE
3. Open Live Market in Excel with an incredible refresh rate
4. Seamless access to insightful summaries and reports
5. Enables customization of the interface to a specific level
Cons
1. Not available for Mac
2. Little scope for improvement in terms of the software user interface
3. One needs a PC with an excellent configuration for the software to perform better
Brokerage Charges – Zero brokerage on delivery trading
Website – Angel One Trade
6. Trade Station
5Paisa Trade Station App is one of the most feature-loaded and high-tech trading software top dealers in India use. This one of the best trading platforms in India is designed for predominantly active dealers. Still, it isn't like that, as this software is inversely salutary for punk dealers and investors.
Pros
1. Despite being a reduction broker, Trade Station provides easy access to trading calls and recommendations to its guests.
2. This trading platform from 5Paisa updates itself generally, bringing new features every time and dealing with the bugs or problems from the former performances.
3. The trading app is set up to work indeed an introductory internet connection, which is a big plus.
4. Option to register for the rally session
5. Allows investors to trade in the equity member or stock request and joint finances and insurance orders.
Cons
1. Low internet bandwidth may delay the lading of maps
2. Only the Windows interpretation is available
3. The app isn't responsive and can be viewed best on a desktop or laptop. However, the view may need improvement on a mobile or laptop.
Brokerage Charges – Variable brokerage charges
Website – Trade Station
7. Trade Eye
Trade Eye by Wisdom Capital is an Android-grounded trading app that allows investors to trade between several segments through one app. The app is registered with BSE, NSE, MCX, MCX- SX, and NCDEX exchange. It's considered one of the best trading software in India.
Pros
1. A simple trading application that runs fluently using mobile internet
2. Erected for Android druggies along with touch features
3. Option to add multiple request watches
4. Examiner positions in the trade book and order book
5. Get access to various maps and specialized index tools
6. Installation to place aftermarket order
7. Instructional charting functionality for insightful technical stock analysis
8. Fast, secure, and flawless fund transfer
Cons
1. No support for iOS users
2. Introductory interface
Brokerage Charges – Zero brokerage charges, Trade for free
Website – Trade Eye
8. Upstox Pro
This is one of the best trading software in India by Upstox, known as RKSV. Being a responsive trading operation, there's no need to download or install the app. Also, it allows a user to directly access the trading tools through a laptop, desktop, mobile, or tablet.
Considered one of the best trading platforms in India among traders and investors, the application strives to do online trading a lot easier and quicker for users.
Pros
1. Unified search tool to discover easy and complex stocks
2. Contact predefined watch- list of Nifty 50 and other indices
3. Reach NSE cash, Futures and Options, and Currencies scrips
4. Apply 100 specialized pointers on real-time maps
5. Define unlimited price cautions for quick updates
6. Figure a total number of customized watchlists
7. Advanced charting tools that standard assiduity norms
8. Get real-time request word to stay ahead
Cons
1. The specialized support isn't over to the mark
2. Limited features in comparison to its counterparts.
3. The desktop outstation of Upstox needs high speed and stable internet connectivity.
4. Call and Trade installations are chargeable; Upstox charges Rs 20 when placing an order through the phone.
Brokerage Charges – Rs 20 or2.5 whichever is smallest for equity delivery
Website – Upstox Pro Web
9. Trader Terminal (TT)
IIFL Trader Outstations is among the best trading software in India and is also known for its intuitive interface and many features. The trading platform has many shortcut keys that let dealers and investors perform various functions quickly and smartly.
Pros
1. IIFL Call feature – that provides intraday tips to place intraday orders
2. Allows the placement of AMOs (After request orders), which can get reused the coming business day
3. Access LIVE television which includes ET Now
4. Access to a daily report by the name "Weekly Wrap."
5. Easy fund transfer with top banks like ICICI, HDFC, Axis Bank, Citi Bank, UTI, etc.
Cons
1. Not available for iOS users
2. For those who are in need to trade in the F&O member, a written application needs to be submitted along with income proofs.
Brokerage Charges – Rs 20 per trade for delivery
Website – Trade Terminal
10. NSE Now
Contrary to other trading platforms developed by corresponding stockbrokers, this trading platform – Here and Now (Neat on Web), has been considered by the National Stock Exchange of India( NSE). It's one of the most stylish trading platforms in India.
This trading app allows investors to trade across various parts, including Equity, derivations, and currency.
Pros
1. Customized alerts and notifications as defined by the users
2. Request watch to chase stocks, cover trends, sectors, and indicators
3. 15 maps with over 80 specialized pointers
4. Easy fund transfer to several leading banks
5. Diurnal stock tips
Cons
1. Comparatively tough to understand
2. Many stockbrokers levy operation charges for NSE NOW
3. A PC needs to have an excellent configuration for the operation to perform well
Brokerage Charges – Flat Rs 20 for intraday and F&O
Website – NSE Now
FAQs about Best Trading Platform in India
Ques- Which trading platform is best for India?
Answer- Zerodha Vampire is India's best online trading platform, presently operating in the stock broking script. Zerodha continuously pushes invention in its products and provides dealers with the needed products and services. Zerodha's, besides the lowest brokerage rates, boasts of a full-fledged magazine of trade products and confederated services.
Ques: Which trading platform offers the best advisory and stock tips installation?
Answer: IIFL, an acronym for India Infoline, is accepted by traders as the best trading platform that offers the best advisory and free tips facility. This fact is strengthened by the company's accurate stock predictions in the past.
Ques: Which trading is most profitable?
Answer: According to trade experts, Intraday trading is the most profitable because you can buy and vend stocks on the same day. It reduces threat as stocks price don't go up or down so far in a single day, and you should always use the safest and best online trading platform for intraday trading.
Ques: Which factors make a stock broking establishment the best in India?
Answer-numerous stock broking companies try to deliver top-notch trading and stock advisory services to the guests, but only a many of them are suitable to stand- out impeccably. We see low brokerages, an easy-to-use interface, and varied platform presence as essential features of an excellent stock broking establishment.
Source - Choose the best Trading Platform in India 2023
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Elevate Your Investments with the Top Mutual Fund Apps in India 2023: A Definitive Guide
Introduction:
In the ever-evolving landscape of financial investments, mutual funds have emerged as a reliable avenue for wealth creation. With the advent of technology, accessing and managing mutual funds has become more convenient than ever before. In this blog post, we will delve into the best mutual fund apps in India 2023, catering to the needs of businessmen, traders, and government employees.
Groww: Your Gateway to Hassle-Free Investing
Why Choose Groww: With an intuitive user interface and a plethora of investment options, Groww has established itself as a frontrunner in the realm of mutual fund apps. Its simplicity and comprehensive features make it an ideal choice for both seasoned investors and beginners.
Case Study: Take the example of Mr. Sharma, a government employee with limited time for managing investments. Groww's user-friendly interface allowed him to navigate through various funds effortlessly. The app's recommendations and analysis aided him in making informed decisions, resulting in a substantial growth of his portfolio over time.
ETMONEY: Empowering Traders with Smart Investing Solutions
Why Choose ETMONEY: Geared towards traders, ETMONEY offers a wide array of mutual funds combined with insightful market data. Its portfolio tracking feature allows traders to monitor their investments in real-time, ensuring they stay ahead in the game.
Case Study: Consider Ms. Singh, a successful trader seeking to diversify her portfolio. ETMONEY's detailed fund analysis and performance metrics provided her with the necessary insights to make strategic investment choices. The app's seamless integration with her trading activities proved instrumental in achieving her financial goals.
Paytm Money: Redefining Investment Accessibility for Businessmen
Why Choose Paytm Money: Tailored for businessmen, Paytm Money's strength lies in its seamless integration with the widely used Paytm ecosystem. Its one-touch investment feature simplifies the entire investment process, making it an ideal choice for those with a busy schedule.
Case Study: Mr. Kapoor, a successful businessman, relies on Paytm Money for his investment needs. The app's quick and secure transactions have saved him valuable time, allowing him to focus on growing his business empire. The detailed performance reports have empowered him with the knowledge needed to fine-tune his investment strategy.
Kuvera: Synchronizing Investments for Maximum Returns
Why Choose Kuvera: Kuvera stands out for its goal-based investment approach, ensuring that your financial objectives are met. Its tax-efficient investment recommendations and advanced analytics make it a go-to platform for government employees looking to build a secure financial future.
Case Study: Take the example of Ms. Verma, a government employee with long-term financial goals. Kuvera's goal-oriented investment plans aligned perfectly with her aspirations. The app's tax-saving suggestions optimized her returns, providing her with the peace of mind that her financial future is in safe hands.
Zerodha Coin: Investing, Simplified for Traders and Investors Alike
Why Choose Zerodha Coin: Zerodha Coin is a versatile platform that caters to both traders and long-term investors. With a seamless integration with Zerodha's trading platform, it offers a holistic view of your investments, allowing for strategic decision-making.
Case Study: Meet Mr. Reddy, a seasoned trader who values efficiency in his investment strategy. Zerodha Coin's unified dashboard allows him to manage his trading and investment portfolios seamlessly. The platform's insightful reports and analysis empower him to make informed choices, leading to consistent growth in his wealth.
Conclusion:
In the fast-paced world of finance, choosing the right mutual fund app can be a game-changer for businessmen, traders, and government employees. Each of the aforementioned platforms brings its unique strengths to the table. By aligning your investment strategy with the features offered by these apps, you can unlock the full potential of your wealth-building journey. Embrace the power of technology and let the best mutual fund apps in India 2023 propel you towards financial success.
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Trustable Crypto Exchange App - KoinBX welcomes users from Txbit!
An article on the platform's Medium website has revealed that the crypto exchange app in the Netherlands, Txbit, will formally stop operations on September 14th, 2023. This choice was made in view of the profound market changes and regulatory difficulties that have affected the crypto sector.
Why KoinBX the Best Txbit alternative?
The world's top global crypto exchange platform, KoinBX, aims to allay all the worries that traditional crypto traders have by delivering an incredibly safe and user-friendly platform. KoinBX guarantees extremely secure fund transfers for the purchase, sale, and trading of Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Ripple (XRP), and other crypto. KoinBX is a centralized platform integrated with numerous security protocols and hence it will be the Best Txbit alternative.
The key benefit of the KoinBX platform is timely order execution from a capable Auto-Matching Maker in a very liquid crypto market. More liquidity is encouraged in the Indian market via direct trading in INR. The user-friendly interface and secure setting of KoinBX are well-known.
“Get Free 25K SHIB once you login & avail low transaction fee only for Netherlanders from Txbit platform.”
KoinBX - Most reliable Crypto Exchange
KoinBX the most popular exchange in India thinks that everybody can succeed in finance. The expansion of the crypto industry in India fosters additional employment opportunities and boosts the country's economic potential.
International customers of KoinBX can start their trading experience with more clarity thanks to the user interface's simplicity and focus on the needs of the consumer. Indian traders have a healthy amount of capital thanks to the availability of direct trading with Indian currency on the very liquid crypto market.
An Announcement that made Crypto Traders Unstable
The main justifications given for the shutdown are "adverse market shifts, tightening regulations, and ambiguity about the legal status of crypto in various countries." The platform emphasized that their continuing operation was unsustainable due to reasons like rising compliance expenses and pressure on product margins.
The statement reads, "Continuing as before has become untenable for us in a climate where compliance costs are increasing and our product margins are consistently under pressure."
Txbit will be offline for around one hour on August 14, 2023, in order to cancel all open orders and turn off the trading feature. Users can then request withdrawals once the platform is back online.
The website will be accessible until September 14, 2023, at 12:00 UTC. It is advised that people get their money back before this deadline. After this date, money left on the site cannot be retrieved.
Txbit’s final words to its users
Txbit thanked the community in their final statement, saying, "We sincerely apologize for any inconvenience this shutdown may cause, and thank you for your understanding and support throughout this journey." Additionally, they sent their best wishes for future success to all the enterprises.
A Crypto Exchange App for Txbit Users
KoinBX revolutionizes the crypto trading process by placing a high priority on security, liquidity, and an intuitive user experience. Beginner traders don't need to worry about safety concerns when they begin trading. KoinBX congratulates itself on its tireless efforts to transform the crypto trading sector by giving everyone in the globe access to a wealth of trading opportunities.
Highlights of KoinBX Crypto Exchange
AMM elevates decentralized exchange to the next level.
Fixed prices without any deposit and withdrawal fee.
One touch, decentralized, and instant Swap facility.
Involving users and pools in trades.
Token owners can become liquidity providers to the pool and earn a portion of the trade fee.
No manual token listing. Automatic listing of tokens in a decentralized manner.
Recording of information and transactions on the blockchain.
More transparency.
Availability of native tokens for proper governance of the system.
An exclusive KoinBX app for iOS and Android is available to help customers improve their trading skills while they are on the road. A convenient global crypto trading platform makes things more comfortable and simpler.
Download here >> KoinBX Android App
Download here >> KoinBX iOS App
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Best Trading App in India in 2023
In today’s post-pandemic era, stock trading has been led mainly by smartphones by today’s young generation of traders and investors. According to a study, over 60% of stock trading takes place through smartphone apps. The main reasons are ease of access, faster trade execution, anytime anywhere trading, and lots more There are hundreds of trading apps in the app market to choose from. Whether you are a new investor looking to try sock investment or an expert trader or investor looking to book big profits, choosing the best share market application is crucial. This helps you understand the market deeper and make sound investment decisions for better growth on investment.
From industry professionals to small businessmen, entrepreneurs, housewives, and even people who have just started earning, stock trading apps offer a plethora of investment opportunities other than stocks like mutual funds, IPOs, fixed deposits, insurance, and others. If you want to ensure the best results from your investment in stocks, it is necessary that you choose the best trading app in India for beginners in 2023.
Below are some of the top-rated stock trading apps in India.
Zerodha Kite
Kite by Zerodha has been around in the market since the year 2010. Just like how Zerodha changes the dynamics of stock trading by introducing discount brokerage services, Zerodha Kite has brought unprecedented levels of ease and value to mobile-based stock trading for traders and investors. The share market application is primarily known for its clean & intuitive UI which is also swift to work on.
Some of the major features of the Zerodha Kite mobile app are:
Login through fingerprints and Face ID
Dark mode feature
Faster order updates & push notifications
Performs well even in low-bandwidth internet connection
Fund transfer facility
Angel One by Angel Broking
Angel One is another popular mobile app for stock trading and investments. The app allows users to get real-time market data, invest in mutual funds, commodities, IPOs, US stocks, and others, stock recommendations, advanced charts, and others.
Its major features are:
Digital payment facility with 40+ banks
Stock advisory
Intraday charts with indicators
Multiple watchlists with categories
Option chain feature
Free reporting & learning tools
Upstox Pro
The next on the list is Upstox Pro which promises to deliver an easy and seamless stock trading experience to users. Since this trading app is built on HTML5 technology, it is impressively fast and easy to use. It also allows trading across various segments like stocks, futures & options, and currencies, etc.
Some of its salient features are:
Next-gen charting tools with 100+ indicators
One-stop platform for trading in stocks, currencies, futures & options
Option to trade right from the charts
Create multiple watchlists
Get real-time market information
Define unlimited price alerts and receive quick updates
Groww Trading App
Groww trading app offers a seamless trading experience to users. Mainly, with the app, you can invest in stocks and mutual funds, IPOs, and equity under flat-fee brokerage schemes. With a 1 Cr+ userbase on Google Play Store, Groww is counted among the best stock trading apps in India in 2023. The app was initially launched as a mutual fund investment platform and since then it has maintained its supremacy in the segment.
One of the simplest apps presently in the category
Single-click stock trading with buying and selling feature
Advanced charts, historical stock performance, and real-time market data
High levels of security standards
Direct mutual fund investments
5 Paisa Mobile App
5Paisa mobile app is one of the most widely chosen trading apps in India and offers a host of features to users. It allows traders and investors to invest in various financial instruments like bonds, mutual funds, ETFs, IPOs, stocks, and currencies, etc. The 5Paisa mobile application has several smart features that let investors and traders conduct efficient and successful trading in stocks, mutual funds, and other financial products. 5paisa mobile trading app is accessible on both iOS and Android mobile devices.
Trading across all segments under one window
Robo advisory which enables an automated trading advisory system
Track profit & loss across segments
Option to pick different time settings from one minute to a month
Avail document-less loan in no time
The Conclusion
The role of a mobile trading app is quite important in making stock trading easier, faster, and more effective. This is why it is suggested to choose the best trading app in India in 2023 to get the best outcomes. With so many powerful trading apps out in the market, it is better to compare all the available options and choose the one that meets your needs the best.
Source - https://medium.com/@deepakcomparebroker/best-trading-app-in-india-in-2023-55c01c8e69a9
Relatives - https://comparebrokeronline.com/
#best share market application#best trading app in India#Zerodha Kite#Angel One#Angel Broking#Stock advisory#Upstox Pro#Groww Trading App#5 Paisa Mobile App
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Ride-hailing service Shopicab is commencing its operations in Pune
Namaste India! We are glad to announce the launch of our operations in your city. Whether you need to make a business trip, a factory visit or run errands within the city, you can now count on Shopicab to get you there!
Shopicab the online cab booking has already commenced driver on-boarding in Pune and Kolkata.
Introducing Shopicab, a superior cab service with a motto of “Customers First” coupled with on-time services and low fares, ride after ride.
Shopicab will offer you reliable and affordable transportation options for everyone, everywhere at the tap of a button.
Over the years, commuters have not been offered stress-free alternatives nor has the industry been able to unlock the potential of ridesharing in India. Get ready; we are coming, now you no longer have to worry about booking a car in advance and coordinating multiple times with the driver. Just open your Shopicab app and get a car at the tap of a button.
Shopizio E-Commerce Ltd., the group company of Shopicab, has successfully established itself over the course of 25 years in Kolkata and is now here in Pune to set new standards as “cab booking aggregator” catering timely pick and drop, pocket-friendly as loaded with discounts, unique business model and innovative tech app.
Shopizio E-Commerce Limited incorporated its operations on 6th March 1995 in Kolkata and is registered with Ministry of Corporate Affairs and is the group company with subsidiaries in cab aggregator services, Agro Commodity trading, tele-shopping, Food Supplement Products, IT services & ITES, BPO, International Staffing & E- Commerce Marketplace.
Shopizio takes pride in mentioning that it is a “Debt Free Company” from its inception in 1995 till current day and is in the process of listing it equity shares on the BSE - SME exchange in the coming months.
Mr. Chittaranjan Roy – Managing Director & Promoter of Shopicab said, “The Company is launched with the sole purpose of bringing customers and drivers on a latest user-friendly mobile technology platform, ensuring convenient, safe, affordable, and comfortable personal transport for commuters. Shopicab is concentrating on leveraging the best technology and building innovative mobility solutions from scratch, which are going to be instrumental in revolutionizing the market by taking the commuting experience to an unprecedented level.
He appended, “In line with achieving set “GOALS”, within timelines, we invite investors to partner our success by funding our growth i.e. Venture capitalists, Angel Investors, Car Manufacturers, Law firms, Investment bankers and other strategic collaborators, are most welcome to join the journey.”
Shopicab app is for Android as well as iOS devices and uses Geo-location services to show the location of the cabs in real-time, enabling users to actually see their position and call for them immediately.
What make Shopicab stand out?
Team Shopicab has evolved strategies enabling us to stand- out with an industrial edge in our business segment, some unique highlights are :
● No surge pricing
● Customer-first approach
● 24X7 Helpline
● Innovative app
● Fares as low as Rs. 7.00 per Kilometer
● Safety ensured rides
● Latest GPS technology installed in every vehicle.
● Dedicated pick up and drop facilities for school students
● Ambulance services
● CCTV in each vehicle
● Eco-friendly operations
● Electric Mobility
● Pink Car’s - Women empowerment
● Specialized training for drivers
● Clean Cabs
● On- Time Cabs
● Multiple Payment Options
● ShopiCab Wallet
● Automated Instant Invoice
● Best Rated & Trained Drivers
● Skill Development of the drivers in association with various Government initiatives
● Corporate responsibility towards Cab drivers and their associates by providing them with accommodation, food mess, training, Insurance and medical insurance, car washing & Maintenance, Educational Facilities for their Children & many other initiatives to make their lives meaningful.
For Pune, Shopicab will have an interesting fleet of cars that include Hyundai i20, Renault Kwid, Datsun Go, Toyota Innova, Nissan Sunny etc.
The Market Size
Smartphone Penetration - In 2013 - 6% and May 2019 – 28% in metro cities, the penetration reached 60%-65% by Q1-2015.That is when and where the revolution of on-demand taxis began in India.
Penetration of app-based taxi services is only about 2 % (expected to hit 2.9 percent by 2023)
Indian Taxi Market -The Indian taxi market size was estimated at 1.9 million taxis estimated to generate $10 -$ 11 Billion revenue in 2019.
Unorganized Market -The unorganized small fleet operators account for ~91% market share in terms of registered taxi fleet. The arrival of on-demand taxi players has helped organize this market to a great extent.
Unique selling Proposition of Shopicab
No Surge pricing, Installation of CCTV, Introduction of a few ‘Pink Cab’s’ with women drivers ensuring safety of women passengers, Introduction of ‘Green Cab’ and Electric Mobility, robust lost-and found centre and many other innovative features in the offer to delight the commuter’s mobility.
On the financial front we are projecting a cumulative first 5 year’s gross billings to commuter’s of Rs. 18442 Cr with our “Net Effective Take” pegged at Rs 2766 Cr and a negative PAT of 180 Cr.
Early stage Funding – To Kick start the projects we are seeking funding of Rs. 25 crores either from angel, VC, QIB, Investment funds and other collaborator’s with vested business interests.
In further funding rounds we will be seeking Rs 175 crores to expand our operation to a total of 75 cities.
The exit options proposed to reward our investors would be either listing of shares, private placement, buy back option, Merger or acquisition.
To join forces for being a part of ShopiCab’s success, the company is inviting PE/VC, Angel Investors, HNIs, Car Manufacturers/ Dealers, Law/CA/CS/CMA Firms, Investment Bankers, FIIs, FDI, QS, QIBs, Brokers, Portfolio Managers and other Strategic Collaborators
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Ride-hailing service Shopicab is commencing its operations in Pune
Namaste India! We are glad to announce the launch of our operations in your city. Whether you need to make a business trip, a factory visit or run errands within the city, you can now count on Shopicab to get you there!
Shopicab the online cab booking has already commenced driver on-boarding in Pune and Kolkata.
Introducing Shopicab, a superior cab service with a motto of “Customers First” coupled with on-time services and low fares, ride after ride.
Shopicab will offer you reliable and affordable transportation options for everyone, everywhere at the tap of a button.
Over the years, commuters have not been offered stress-free alternatives nor has the industry been able to unlock the potential of ridesharing in India. Get ready; we are coming, now you no longer have to worry about booking a car in advance and coordinating multiple times with the driver. Just open your Shopicab app and get a car at the tap of a button.
Shopizio E-Commerce Ltd., the group company of Shopicab, has successfully established itself over the course of 25 years in Kolkata and is now here in Pune to set new standards as “cab booking aggregator” catering timely pick and drop, pocket-friendly as loaded with discounts, unique business model and innovative tech app.
Shopizio E-Commerce Limited incorporated its operations on 6th March 1995 in Kolkata and is registered with Ministry of Corporate Affairs and is the group company with subsidiaries in cab aggregator services, Agro Commodity trading, tele-shopping, Food Supplement Products, IT services & ITES, BPO, International Staffing & E- Commerce Marketplace.
Shopizio takes pride in mentioning that it is a “Debt Free Company” from its inception in 1995 till current day and is in the process of listing it equity shares on the BSE - SME exchange in the coming months.
Mr. Chittaranjan Roy – Managing Director & Promoter of Shopicab said, “The Company is launched with the sole purpose of bringing customers and drivers on a latest user-friendly mobile technology platform, ensuring convenient, safe, affordable, and comfortable personal transport for commuters. Shopicab is concentrating on leveraging the best technology and building innovative mobility solutions from scratch, which are going to be instrumental in revolutionizing the market by taking the commuting experience to an unprecedented level.
He appended, “In line with achieving set “GOALS”, within timelines, we invite investors to partner our success by funding our growth i.e. Venture capitalists, Angel Investors, Car Manufacturers, Law firms, Investment bankers and other strategic collaborators, are most welcome to join the journey.”
Shopicab app is for Android as well as iOS devices and uses Geo-location services to show the location of the cabs in real-time, enabling users to actually see their position and call for them immediately.
What make Shopicab stand out?
Team Shopicab has evolved strategies enabling us to stand- out with an industrial edge in our business segment, some unique highlights are :
● No surge pricing
● Customer-first approach
● 24X7 Helpline
● Innovative app
● Fares as low as Rs. 7.00 per Kilometer
● Safety ensured rides
● Latest GPS technology installed in every vehicle.
● Dedicated pick up and drop facilities for school students
● Ambulance services
● CCTV in each vehicle
● Eco-friendly operations
● Electric Mobility
● Pink Car’s - Women empowerment
● Specialized training for drivers
● Clean Cabs
● On- Time Cabs
● Multiple Payment Options
● ShopiCab Wallet
● Automated Instant Invoice
● Best Rated & Trained Drivers
● Skill Development of the drivers in association with various Government initiatives
● Corporate responsibility towards Cab drivers and their associates by providing them with accommodation, food mess, training, Insurance and medical insurance, car washing & Maintenance, Educational Facilities for their Children & many other initiatives to make their lives meaningful.
For Pune, Shopicab will have an interesting fleet of cars that include Hyundai i20, Renault Kwid, Datsun Go, Toyota Innova, Nissan Sunny etc.
The Market Size
Smartphone Penetration - In 2013 - 6% and May 2019 – 28% in metro cities, the penetration reached 60%-65% by Q1-2015.That is when and where the revolution of on-demand taxis began in India.
Penetration of app-based taxi services is only about 2 % (expected to hit 2.9 percent by 2023)
Indian Taxi Market -The Indian taxi market size was estimated at 1.9 million taxis estimated to generate $10 -$ 11 Billion revenue in 2019.
Unorganized Market -The unorganized small fleet operators account for ~91% market share in terms of registered taxi fleet. The arrival of on-demand taxi players has helped organize this market to a great extent.
Unique selling Proposition of Shopicab
No Surge pricing, Installation of CCTV, Introduction of a few ‘Pink Cab’s’ with women drivers ensuring safety of women passengers, Introduction of ‘Green Cab’ and Electric Mobility, robust lost-and found centre and many other innovative features in the offer to delight the commuter’s mobility.
On the financial front we are projecting a cumulative first 5 year’s gross billings to commuter’s of Rs. 18442 Cr with our “Net Effective Take” pegged at Rs 2766 Cr and a negative PAT of 180 Cr.
Early stage Funding – To Kick start the projects we are seeking funding of Rs. 25 crores either from angel, VC, QIB, Investment funds and other collaborator’s with vested business interests.
In further funding rounds we will be seeking Rs 175 crores to expand our operation to a total of 75 cities.
The exit options proposed to reward our investors would be either listing of shares, private placement, buy back option, Merger or acquisition.
To join forces for being a part of ShopiCab’s success, the company is inviting PE/VC, Angel Investors, HNIs, Car Manufacturers/ Dealers, Law/CA/CS/CMA Firms, Investment Bankers, FIIs, FDI, QS, QIBs, Brokers, Portfolio Managers and other Strategic Collaborators
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Promising Career and Growth Opportunities in Fintech
In the last few decades, the financial industry has undergone huge changes. Today, mobile apps, online banking, digital currency, etc. have changed the way financial services are delivered. Amidst the technological development of economies, convergence of finance and technology led to the birth of FinTech.
The FinTech revolution is quite similar to the way eCommerce transformed retail marketing with technological enhancements like online shopping, payment, booking systems, etc. Similarly, the financial sector is witnessing technology infusion. We see finance products with a technological edge, integrated online banking, mobile apps, digital currency purchases, digital transactions, etc. To be ready for the new age Finance Industry, aspirants must prepare themselves by registering in one of the best fintech courses in India.
Promising Career in FinTech
Growth of FinTech
FinTech Career Scope
Popular FinTech Jobs and Salaries
How the Best FinTech Programme Helps
Take Advantage of the Fintech Revolution
Key Highlights
You can see the FinTech Revolution in Insurance and healthcare, eCommerce, Payments, Process Outsourcing, Capital Market and Investments, HR & payroll Tech, Digital lending and more.
Various job roles you can opt for are FinTech Product Manager, Cyber Security Professionals, Blockchain Specialist, Data Scientist, Cloud computing professional and more.
Doing a Professional Certificate Programme in FinTech from a known institute like IIM Kozhikode will prove to be a turning point in your career.
Growth of FinTech
With tech disruptions, FinTech is heading towards stupendous growth. The Finance companies are using technology integrally to allow digital access, easy payments, loans, stock trading, crypto trading, etc.
The world today wants and expects fast, swift, hassle-free, and secured financial services. To stand in long queues in banks, etc. are lifestyle hurdles for many. This is perhaps why, FinTech companies are taking a strong initiative in integrating Data Science, Cloud Management, Artificial Intelligence, Blockchain, etc. Take a look at a few industry statistics pointing towards the growth of FinTech.
Digital Payments forms the largest market chunk with a huge transaction value of US$142,501 million in 2022.
The projection of Digital Payments users by 2026 is 1,014.56 million.
The Neobanking domain's revenue is projected to be 39.6% in 2023.
FinTech Career Scope
FinTech is a growing sector with immense scope for career growth. However, skilled professionals are what the industry needs. Since the FinTech sector is relatively new, specialised and professionally trained candidates are preferred.
While for many FinTech might sound like an all-new branch of a finance career, however, it started to grow its roots long back with ATM networks, online banking, credit cards, etc. It gained more popularity in 2015 with the beginning of FinTech start-ups and increasing government and private investments.
However, the last few decades became more challenging and infused with advanced technology, where the finance industry adapted machine learning algorithms, artificial intelligence to seamlessly tackle finance issues, blockchain, and the introduction of cryptocurrency, etc.
Product designing to marketing, sales to the strategic implementation of services, and business management, FinTech has several job opportunities.
Popular FinTech Jobs and Salaries
Technology and finance go hand in hand today with the introduction of digital payments, the evolution of online banking, cryptocurrencies and finance services, etc. The average salary of a FinTech professional in India is ₹9 lakhs per year. The salary of a FinTech fresher starts from ₹ 4.5 lakhs per year. Those with good experience can enjoy a pay package of up to ₹24 lakhs per year and even more. (Ambition Box)
FinTech Product Manager: A product manager has a vivid role in the progress of a company and the products and services it offers. As a product manager trained in Fintech, forges, and develops strategic partnerships, plans, and devices innovative product line, co-ordinates with merchant banks, etc. A FinTech product Manager draws INR 5 to 15 lakhs per year.
Cyber Security: Cyber Security Professionals are hired by FinTech companies to minimise security risks, protect IT infrastructure, important data, prevent data thefts and cyber attacks. Thus their role is very important in Fintech and other domains as well. Various FinTech cyber security jobs are:
Cyber Security Analyst- Salary-5 lakhs to 20 Lakhs per year
Cyber Security Engineer Salary- 10-lakhs to 30 lakhs per year
Cyber Security Manager- ₹ 12 lakhs to ₹ 40 lakhs per year
Data Scientists: FinTech companies hire professionally trained Data Scientists with in-depth knowledge of the FinTech domain. They use data science techniques and strategies to gather useful financial data, develop data management processes, strategically analyse data to customise products and services. They gather data from financial technology, investment and retail banking, etc., and use various financial models to comprehend and interpret data. The salary range is ₹ 3 to 22 lakhs per year based on experience and expertise.
Cloud Computing: Starting from data security to network management, data storage to future accessing of data from cloud storage, the scope of FinTech in cloud management is limitless. Therefore, professionals with Cloud Management knowledge can fetch a lucrative salary in the Finance industry. A cloud computing engineer can earn ₹ 8 lakhs on average. A Cloud Administrator can earn in a range of ₹ 3 lakhs to ₹ 12 lakhs; the average annual salary being ₹ 6.5 lakhs.
How the Best FinTech Programme Helps
To take advantage of job opportunities in Fintech, you must take advantage of one of the best fintech courses in India i.e. IIM Kozhikode Fintech Programmes. The new upcoming FinTech course i.e. Professional Certificate Programme in FinTech, helps candidates enjoy a promising career by imparting in-depth knowledge and relevant skills. This course is offered in collaboration with TimesTSW, a Times of India initiative in the education realm.
Read below to know how the course will help you enhance your knowledge and skills.
Understand the basics and advanced concepts of FinTech like Finance Modelling, Fintech Analytics, AI, Data Management, Cloud Management, Blockchain, Cybersecurity, etc.
Know about the upcoming and ongoing FinTech services, products, and market trends.
Understand the career scopes in FinTech, market giants offering the best opportunities in FinTech.
Learn the practical use of FinTech concepts, implementing Strategies for FinTech Providers, FinTechs for Banking Transformation, UX Design for FinTech, Service Design for FinTech, Challenges of Doing B2B Business for FinTech
The campus Immersion module is another highlight of the course.
Take Advantage Of The FinTech Revolution
The knowledge and training offered by professional career courses like fintech certification courses from a country-leading institute like IIM allow you to have a beaming career in the finance industry. Fintech statistics, both globally and in India reveal that the domain is expanding and enriching at a fast pace, day by day, and has remarkable career scope for the right candidate. If you want to take advantage of the FinTech revolution, you must surely register for IIM Kozhikode Fintech Programme.
To know more: https://timestsw.com/course/iim-kozhikode-professional-certificate-programme-in-fintech/
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List of Best Trading Apps in India 2023
The world of trading has become more accessible than ever before, thanks to the rise of trading apps. With just a few clicks on your smartphone, you can now buy and sell shares in real-time from anywhere in India. But with so many options available, which trading app should you choose? In this article, we've compiled a list of the top 10 best trading apps in India for 2023. Whether you're a seasoned trader or just starting out, this comprehensive review will help you find the perfect app for your needs. So let's dive right into it!
List of the Top 10 Trading Apps in India
Zerodha: With over 3 million users, Zerodha is one of the most popular trading apps in India. It offers a user-friendly interface and low brokerage fees, making it an excellent choice for both beginners and experienced traders.
Upstox: Another top-rated app is Upstox, which boasts a simple yet effective platform for buying and selling stocks. It has competitive pricing and advanced charting tools to help you make informed decisions.
Angel Broking: Known for its extensive research capabilities, Angel Broking provides valuable insights into market trends that can help investors maximize their profits. The app also features a range of financial products like mutual funds and insurance.
Groww: A relatively new player in the market, Groww has quickly gained popularity thanks to its zero-commission policy on stock trades and easy-to-use interface.
Kotak Securities: This app by Kotak Mahindra Bank offers seamless integration with your bank account, allowing you to transfer funds seamlessly between them while trading shares or investing in mutual funds.
Sharekhan: With more than 20 years of experience in the market, Sharekhan is known for its robust research reports that provide detailed analysis of stocks from various sectors.
Edelweiss: Offering customizable watchlists and charts along with real-time news updates, Edelweiss makes it easier for investors to stay up-to-date with current events affecting their investments.
HDFC Securities: This app by HDFC Bank provides access to global markets along with local ones at affordable prices while providing comprehensive research reports covering several industries
ICICI Direct: ICICI direct allows you not only trade through mobile but also via call-n-trade. Their simplified version makes it perfect even if you are a beginner
Axis Direct: Last but not least AxisDirect comes equipped with all essential features including personalized alerts, easy order placement and comprehensive market analysis tools.
Complete Review of All Best Trading Apps in India
When it comes to choosing the best trading app in India, there are plenty of options available. But which one is right for you? In this complete review of all the best trading apps in India, we will take a closer look at each one and help you make an informed decision.
First up is Angel Broking. With its user-friendly interface and advanced charting tools, Angel Broking makes it easy for beginners to get started with trading. It also offers low brokerage fees and instant fund transfer options.
Next on our list is Zerodha. Known for its no-brokerage policy, Zerodha has quickly become a popular choice among traders in India. The app offers various features such as market depth analysis, advance charts and technical indicators.
Groww is another great option for those looking for a seamless trading experience. Its simple design allows users to navigate through the app with ease while offering commission-free investments in mutual funds.
Kotak Securities’ mobile application provides real-time updates on the stock market along with research reports from their team of experts giving you valuable insights about specific companies' performances based on their financial history.
Edelweiss Trading App combines investment opportunities with insightful advice from analysts making sure that traders make informed decisions before investing money into stocks or mutual funds
These are just some of the top contenders when it comes to finding the best trading app in India - but ultimately, your choice will depend on what suits your needs as an investor or trader.
To sum up, in this article we have discussed the top 10 trading apps in India for the year 2023. We have reviewed each app based on its features, user interface and overall performance.
Whether you are a beginner or an experienced trader, these apps offer you a seamless experience with no brokerage charges and easy access to market data.
Angel Broking, Zerodha and Kotak Securities are some of the popular names that provide unique features to make your trading journey smooth. Edelweiss also offers reliable services with advanced charts and tools.
Groww is another great option for beginners as it has a simple user interface along with low brokerage fees. nifty bees share price can be easily tracked through Angel One while Old Mumbai Chart provides historical data essential for analysis.
Each app excels in different areas making them suitable for different types of traders. So choose the one that best fits your requirements and start trading today!
After analyzing and reviewing the top 10 trading apps in India, it is evident that each app has its unique features and benefits. Whether you are a beginner or an experienced trader, there is an app on this list that will suit your needs.
From Angel Broking's seamless user interface to Zerodha's low brokerage fees, each app offers something special. Other notable mentions include Kotak Securities' advanced charting tools, Edelweiss' research reports, and Groww's zero brokerage platform for mutual funds.
Choosing the best trading app in India can be challenging. However, by assessing your needs as a trader and comparing them with the offerings of these top 10 trading apps, you can find one that perfectly suits you. So go ahead and download your favorite trading app today
Related - https://hmatrading.in/best-trading-app-in-india/
Source - https://sites.google.com/view/list-of-best-trading-apps
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To Wholesalers & Retailers: What You Need To Know About B2B!
What is B2B?
Simply put, companies use online platforms and websites to purchase products from suppliers at wholesale prices through the Internet. You can access to various potential business partners by these platforms. If you are a retailer and feel that wholesalers or suppliers no longer meets your needs, then these platforms can help you find other suppliers that better meet your business requirements. Similarly, if you want to diversify your product range, these platforms may also be useful.
By using the online wholesale platform, you can easily search and visit these suppliers, and negotiate the wholesale price and shipping method that suits you. Having more options not only allows you to choose higher quality products but also helps you increase profitability.
What is the current status and prospects of B2B development?
Global B2B has developed the fastest in the United States. Taking the United States as an example, Forrester Research estimates that by 2023, the US B2B market sales will reach $1.8 trillion, accounting for 13%+ of the total B2B market sales. Compared with Forrester Research, Frost & Sullivan (international consulting company) has given a more optimistic forecast. It is expected that the US B2B market will reach $6.6 trillion by 2025. Despite the slow adoption of e-commerce by B2B companies, the success of Amazon Business and changes in the structure of B2B sellers are enticing more and more B2B brands to enter the e-commerce market to increase sales.
Why do wholesalers need B2B?
Wholesalers are usually located in markets that are not easily accessible. For example, if you are a small retailer located in the United States and the required suppliers are located in China, how would you contact these wholesalers? Of course, the answer is the online wholesale platform, which can help you reach thousands of distributors worldwide. These platforms enable you to find the suppliers you need, negotiate the wholesale prices you can accept, and get the products you need for your business in just a few mouse clicks. Greatly improve your work efficiency.
What are the top 10 benefits of B2B in wholesale?
Not limited by geographical scope, increasing the number of customers
Multi-channel sales, massive buyers and sellers;
Brand building is faster;
Credit system and user-sponsored credit evaluation system;
Automatic storage of transaction records and process information for easy query and information management;
Low-cost display of products and release of information;
Assess potential competitors;
Eliminate unnecessary expenses and make B2B more economical;
Real-time communication, negotiation and transaction;
24/7 accessibility service;
What are the functions of top B2B?
For wholesale companies, the B2B platform must be the best choice in some respects. Fortunately, the development and expansion of the B2B platform mean that the platform will become more and more usable. These are a few things to note when looking for a good wholesale platform:
Simple design: The layout of the platform should be simple and easy to follow, focusing more on functions, so too many flashy elements will hinder your work efficiency.
Multiple budget options: Different companies will have different procurement budgets, so wholesalers need to provide flexible, customized rates. Therefore, the wholesale platform should provide the function of setting different rates.
A wide variety of categories: It is important that retailers and wholesalers must be able to find the products they need, which is why the platform should provide a variety of product categories. In this way, potential customers will always find what they need.
Re-Order easily: As a wholesaler, you want your buyers to continue to order from you again. One way to ensure this is to make reordering a breeze-your buyer should be able to repeat the order just a few times.
Support for mobile devices: You don’t want to lose customers simply because they are not easy to place orders during operation. By ensuring that your customers can place orders through mobile devices (whether through dedicated apps or through mobile-friendly websites), you can ensure that you are always ready to win more sales.
Complete shopping cart experience: The platform or APP should provide complete shopping cart functionality, where customers can view, modify, and confirm their orders. This way, they can solve many problems before buying or contacting customer service.
What are the top 5 B2B platforms for wholesalers?
Alibaba
Alibaba is a well-known brand of global B2B and is currently the world's largest online trading market and business communication community. This wholesale platform from China has a huge user base and hosts various businesses. Good positioning, solid structure, and excellent service make Alibaba the preferred website for global merchant network promotion, and it is rated as "The Most Popular B2B Website" by merchants.
Amazon Business
Amazon Business is designed for B2B transactions between wholesalers and retailers and is a market for businesses of all sizes. From IT to cleaners, from office to restaurant supplies, from healthcare to hotels-Amazon's business is like this, you can find specific commercial products on it. Overall, you can also get price discounts for 5 million+ products, including volume discounts for multiple unit purchases.
Regarding the Amazon Business, it is important to remember that it has features and benefits that suit the needs of the enterprise. For example, if you create a free account, you will be able to browse a wide range of options, and these items may have special prices if purchased in bulk. You can even create a multi-user account that connects the entire team and creates a purchasing group that matches your organizational structure so that your team members can make purchases.
FashionTIY
FashionTIY is a multi-category supplier and the best online wholesale market. Committed to helping global small and medium-sized wholesalers and retailers achieve low-cost procurement. Unlike purchasing products on Amazon, AliExpress, Wish, and other platforms, FashionTIY implements self-operated, all 100,000+ products implement one-stop procurement, one-time payment, and one order delivery. For most wholesalers and retailers importers who are new to the cross-border procurement field or have insufficient procurement experience, this model effectively solves many troubles such as purchasing from different suppliers, multiple payments, scattered received, and difficulty in check.
The original intention of FashionTIY is to help small and medium-sized wholesalers and retailers achieve low-cost procurement. In fact, it has always done so. FashionTIY has signed factories direct sales agreement with 1000+ factories around the world, eliminating all intermediate links and the 100,000+ of products sold on the platform are all factory wholesale prices. Therefore, compared with other wholesale platforms, it has very high price competitiveness. For the same quality products, the price of FashionTIY can help wholesalers and retailers save 40% of the purchase cost on average. So, since its establishment, FashionTIY emerges the preferred supplier of 50,000+ small and medium-sized wholesalers and retailers, and it has been popular in the North American and European markets. This wholesale platform has emerged the most competitive one-stop procurement platform for SMEs on the Internet.
Flipkart
Flipkart is an e-commerce company headquartered in Bangalore, India, which is on par with Amazon in sales of electronic products and mobile phones. It is an e-commerce giant in the Indian market, has greater influence in semi-urban and rural areas of India, and has a good delivery network. Free and fast delivery; a wide range of products; offering lower wholesale prices, and often offering promotional activities and sale activities, which are popular with Indian wholesalers and retailers.
DHGate
DHgate is the world's leading online wholesale trading platform. DHgate is committed to helping Chinese small and medium-sized enterprises to enter the global market through cross-border e-commerce platforms, opening up a brand new international trade channel, making online transactions continuously easier, safer, and more efficient. The platform has suppliers and buyers from 200+ countries/regions, which facilitates wholesale transactions and small and medium manufacturers. It adopts a commission system, free of registration fees, and only charges fees after a successful transaction between the buyer and the seller. According to data from the Paypal trading platform, DHgate is the No.1 e-commerce website in the Asia Pacific and No.6 online trade transactions in the world.
Thank you for reading this article. I hope the above share can help you better understand and use the B2B platform to improve your business!
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Learning Forex Trading: The Benefits Of Forex Trading In India 2023
The currency market, which has a daily turnover of over $7.5 trillion, is the largest financial market in the world, according to the Bank for International Settlements. Forex trading is now more accessible to a larger spectrum of individuals since internet trading platforms, training materials, and real-time market data are all readily available. Forex trading gives traders many ways to learn and many tools to use. Many best trading app in India provides free webinars, eBooks, and video tutorials to help traders learn the basics of forex trading.Visit:-https://supremestories.com/learning-forex-trading-the-benefits-of-forex-trading-in-india-2023/
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To Wholesalers & Retailers: What You Need To Know About B2B!
retailerWhat is B2B?
Simply put, companies use online platforms and websites to purchase products from suppliers at wholesale prices through the Internet. You can access to various potential business partners by these platforms. If you are a retailer and feel that wholesalers or suppliers no longer meets your needs, then these platforms can help you find other suppliers that better meet your business requirements. Similarly, if you want to diversify your product range, these platforms may also be useful.
By using the online wholesale platform, you can easily search and visit these suppliers, and negotiate the wholesale price and shipping method that suits you. Having more options not only allows you to choose higher quality products but also helps you increase profitability.
What is the current status and prospects of B2B development?
Global B2B has developed the fastest in the United States. Taking the United States as an example, Forrester Research estimates that by 2023, the US B2B market sales will reach $1.8 trillion, accounting for 13%+ of the total B2B market sales. Compared with Forrester Research, Frost & Sullivan (international consulting company) has given a more optimistic forecast. It is expected that the US B2B market will reach $6.6 trillion by 2025. Despite the slow adoption of e-commerce by B2B companies, the success of Amazon Business and changes in the structure of B2B sellers are enticing more and more B2B brands to enter the e-commerce market to increase sales.
Why do wholesalers need B2B?
Wholesalers are usually located in markets that are not easily accessible. For example, if you are a small retailer located in the United States and the required suppliers are located in China, how would you contact these wholesalers? Of course, the answer is the online wholesale platform, which can help you reach thousands of distributors worldwide. These platforms enable you to find the suppliers you need, negotiate the wholesale prices you can accept, and get the products you need for your business in just a few mouse clicks. Greatly improve your work efficiency.
What are the top 10 benefits of B2B in wholesale?
Not limited by geographical scope, increasing the number of customers
Multi-channel sales, massive buyers and sellers;
Brand building is faster;
Credit system and user-sponsored credit evaluation system;
Automatic storage of transaction records and process information for easy query and information management;
Low-cost display of products and release of information;
Assess potential competitors;
Eliminate unnecessary expenses and make B2B more economical;
Real-time communication, negotiation and transaction;
24/7 accessibility service;
What are the functions of top B2B?
For wholesale companies, the B2B platform must be the best choice in some respects. Fortunately, the development and expansion of the B2B platform mean that the platform will become more and more usable. These are a few things to note when looking for a good wholesale platform:
Simple design: The layout of the platform should be simple and easy to follow, focusing more on functions, so too many flashy elements will hinder your work efficiency.
Multiple budget options: Different companies will have different procurement budgets, so wholesalers need to provide flexible, customized rates. Therefore, the wholesale platform should provide the function of setting different rates.
A wide variety of categories: It is important that retailers and wholesalers must be able to find the products they need, which is why the platform should provide a variety of product categories. In this way, potential customers will always find what they need.
Re-Order easily: As a wholesaler, you want your buyers to continue to order from you again. One way to ensure this is to make reordering a breeze-your buyer should be able to repeat the order just a few times.
Support for mobile devices: You don’t want to lose customers simply because they are not easy to place orders during operation. By ensuring that your customers can place orders through mobile devices (whether through dedicated apps or through mobile-friendly websites), you can ensure that you are always ready to win more sales.
Complete shopping cart experience: The platform or APP should provide complete shopping cart functionality, where customers can view, modify, and confirm their orders. This way, they can solve many problems before buying or contacting customer service.
What are the top 5 B2B platforms for wholesalers?
Alibaba
Alibaba is a well-known brand of global B2B and is currently the world's largest online trading market and business communication community. This wholesale platform from China has a huge user base and hosts various businesses. Good positioning, solid structure, and excellent service make Alibaba the preferred website for global merchant network promotion, and it is rated as "The Most Popular B2B Website" by merchants.
Amazon Business
Amazon Business is designed for B2B transactions between wholesalers and retailers and is a market for businesses of all sizes. From IT to cleaners, from office to restaurant supplies, from healthcare to hotels-Amazon's business is like this, you can find specific commercial products on it. Overall, you can also get price discounts for 5 million+ products, including volume discounts for multiple unit purchases.
Regarding the Amazon Business, it is important to remember that it has features and benefits that suit the needs of the enterprise. For example, if you create a free account, you will be able to browse a wide range of options, and these items may have special prices if purchased in bulk. You can even create a multi-user account that connects the entire team and creates a purchasing group that matches your organizational structure so that your team members can make purchases.
FashionTIY
FashionTIY is a multi-category supplier and the best online wholesale market. Committed to helping global small and medium-sized wholesalers and retailers achieve low-cost procurement. Unlike purchasing products on Amazon, AliExpress, Wish, and other platforms, FashionTIY implements self-operated, all 100,000+ products implement one-stop procurement, one-time payment, and one order delivery. For most wholesalers and retailers importers who are new to the cross-border procurement field or have insufficient procurement experience, this model effectively solves many troubles such as purchasing from different suppliers, multiple payments, scattered received, and difficulty in check.
The original intention of FashionTIY is to help small and medium-sized wholesalers and retailers achieve low-cost procurement. In fact, it has always done so. FashionTIY has signed factories direct sales agreement with 1000+ factories around the world, eliminating all intermediate links and the 100,000+ of products sold on the platform are all factory wholesale prices. Therefore, compared with other wholesale platforms, it has very high price competitiveness. For the same quality products, the price of FashionTIY can help wholesalers and retailers save 40% of the purchase cost on average. So, since its establishment, FashionTIY emerges the preferred supplier of 50,000+ small and medium-sized wholesalers and retailers, and it has been popular in the North American and European markets. This wholesale platform has emerged the most competitive one-stop procurement platform for SMEs on the Internet.
Flipkart
Flipkart is an e-commerce company headquartered in Bangalore, India, which is on par with Amazon in sales of electronic products and mobile phones. It is an e-commerce giant in the Indian market, has greater influence in semi-urban and rural areas of India, and has a good delivery network. Free and fast delivery; a wide range of products; offering lower wholesale prices, and often offering promotional activities and sale activities, which are popular with Indian wholesalers and retailers.
DHGate
DHgate is the world's leading online wholesale trading platform. DHgate is committed to helping Chinese small and medium-sized enterprises to enter the global market through cross-border e-commerce platforms, opening up a brand new international trade channel, making online transactions continuously easier, safer, and more efficient. The platform has suppliers and buyers from 200+ countries/regions, which facilitates wholesale transactions and small and medium manufacturers. It adopts a commission system, free of registration fees, and only charges fees after a successful transaction between the buyer and the seller. According to data from the Paypal trading platform, DHgate is the No.1 e-commerce website in the Asia Pacific and No.6 online trade transactions in the world.
Thank you for reading this article. I hope the above share can help you better understand and use the B2B platform to improve your business!
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To Wholesalers & Retailers: What You Need To Know About B2B!
Curious about B2B? By reading this article, you will benefit the following information:
What is B2B?
What is the current status and prospects of B2B development?
Why do wholesalers need B2B?
What are the top 10 benefits of B2B in wholesale?
What are the functions of top B2B?
What are the top 5 B2B platforms for wholesalers?
What is B2B?
Simply put, companies use online platforms and websites to purchase products from suppliers at wholesale prices through the Internet. You can access to various potential business partners by these platforms. If you are a retailer and feel that wholesalers or suppliers no longer meets your needs, then these platforms can help you find other suppliers that better meet your business requirements. Similarly, if you want to diversify your product range, these platforms may also be useful.
By using the online wholesale platform, you can easily search and visit these suppliers, and negotiate the wholesale price and shipping method that suits you. Having more options not only allows you to choose higher quality products but also helps you increase profitability.
What is the current status and prospects of B2B development?
Global B2B has developed the fastest in the United States. Taking the United States as an example, Forrester Research estimates that by 2023, the US B2B market sales will reach $1.8 trillion, accounting for 13%+ of the total B2B market sales. Compared with Forrester Research, Frost & Sullivan (international consulting company) has given a more optimistic forecast. It is expected that the US B2B market will reach $6.6 trillion by 2025. Despite the slow adoption of e-commerce by B2B companies, the success of Amazon Business and changes in the structure of B2B sellers are enticing more and more B2B brands to enter the e-commerce market to increase sales.
Why do wholesalers need B2B?
Wholesalers are usually located in markets that are not easily accessible. For example, if you are a small retailer located in the United States and the required suppliers are located in China, how would you contact these wholesalers? Of course, the answer is the online wholesale platform, which can help you reach thousands of distributors worldwide. These platforms enable you to find the suppliers you need, negotiate the wholesale prices you can accept, and get the products you need for your business in just a few mouse clicks. Greatly improve your work efficiency.
What are the top 10 benefits of B2B in wholesale?
Not limited by geographical scope, increasing the number of customers
Multi-channel sales, massive buyers and sellers;
Brand building is faster;
Credit system and user-sponsored credit evaluation system;
Automatic storage of transaction records and process information for easy query and information management;
Low-cost display of products and release of information;
Assess potential competitors;
Eliminate unnecessary expenses and make B2B more economical;
Real-time communication, negotiation and transaction;
24/7 accessibility service;
What are the functions of top B2B?
For wholesale companies, the B2B platform must be the best choice in some respects. Fortunately, the development and expansion of the B2B platform mean that the platform will become more and more usable. These are a few things to note when looking for a good wholesale platform:
Simple design: The layout of the platform should be simple and easy to follow, focusing more on functions, so too many flashy elements will hinder your work efficiency.
Multiple budget options: Different companies will have different procurement budgets, so wholesalers need to provide flexible, customized rates. Therefore, the wholesale platform should provide the function of setting different rates.
A wide variety of categories: It is important that retailers and wholesalers must be able to find the products they need, which is why the platform should provide a variety of product categories. In this way, potential customers will always find what they need.
Re-Order easily: As a wholesaler, you want your buyers to continue to order from you again. One way to ensure this is to make reordering a breeze-your buyer should be able to repeat the order just a few times.
Support for mobile devices: You don’t want to lose customers simply because they are not easy to place orders during operation. By ensuring that your customers can place orders through mobile devices (whether through dedicated apps or through mobile-friendly websites), you can ensure that you are always ready to win more sales.
Complete shopping cart experience: The platform or APP should provide complete shopping cart functionality, where customers can view, modify, and confirm their orders. This way, they can solve many problems before buying or contacting customer service.
What are the top 5 B2B platforms for wholesalers?
Alibaba
Alibaba is a well-known brand of global B2B and is currently the world's largest online trading market and business communication community. This wholesale platform from China has a huge user base and hosts various businesses. Good positioning, solid structure, and excellent service make Alibaba the preferred website for global merchant network promotion, and it is rated as "The Most Popular B2B Website" by merchants.
Amazon Business
Amazon Business is designed for B2B transactions between wholesalers and retailers and is a market for businesses of all sizes. From IT to cleaners, from office to restaurant supplies, from healthcare to hotels-Amazon's business is like this, you can find specific commercial products on it. Overall, you can also get price discounts for 5 million+ products, including volume discounts for multiple unit purchases.
Regarding the Amazon Business, it is important to remember that it has features and benefits that suit the needs of the enterprise. For example, if you create a free account, you will be able to browse a wide range of options, and these items may have special prices if purchased in bulk. You can even create a multi-user account that connects the entire team and creates a purchasing group that matches your organizational structure so that your team members can make purchases.
FashionTIY
FashionTIY is a multi-category supplier and the best online wholesale market. Committed to helping global small and medium-sized wholesalers and retailers achieve low-cost procurement. Unlike purchasing products on Amazon, AliExpress, Wish, and other platforms, FashionTIY implements self-operated, all 100,000+ products implement one-stop procurement, one-time payment, and one order delivery. For most wholesalers and retailers importers who are new to the cross-border procurement field or have insufficient procurement experience, this model effectively solves many troubles such as purchasing from different suppliers, multiple payments, scattered received, and difficulty in check.
The original intention of FashionTIY is to help small and medium-sized wholesalers and retailers achieve low-cost procurement. In fact, it has always done so. FashionTIY has signed factories direct sales agreement with 1000+ factories around the world, eliminating all intermediate links and the 100,000+ of products sold on the platform are all factory wholesale prices. Therefore, compared with other wholesale platforms, it has very high price competitiveness. For the same quality products, the price of FashionTIY can help wholesalers and retailers save 40% of the purchase cost on average. So, since its establishment, FashionTIY emerges the preferred supplier of 50,000+ small and medium-sized wholesalers and retailers, and it has been popular in the North American and European markets. This wholesale platform has emerged the most competitive one-stop procurement platform for SMEs on the Internet.
Flipkart
Flipkart is an e-commerce company headquartered in Bangalore, India, which is on par with Amazon in sales of electronic products and mobile phones. It is an e-commerce giant in the Indian market, has greater influence in semi-urban and rural areas of India, and has a good delivery network. Free and fast delivery; a wide range of products; offering lower wholesale prices, and often offering promotional activities and sale activities, which are popular with Indian wholesalers and retailers.
DHGate
DHgate is the world's leading online wholesale trading platform. DHgate is committed to helping Chinese small and medium-sized enterprises to enter the global market through cross-border e-commerce platforms, opening up a brand new international trade channel, making online transactions continuously easier, safer, and more efficient. The platform has suppliers and buyers from 200+ countries/regions, which facilitates wholesale transactions and small and medium manufacturers. It adopts a commission system, free of registration fees, and only charges fees after a successful transaction between the buyer and the seller. According to data from the Paypal trading platform, DHgate is the No.1 e-commerce website in the Asia Pacific and No.6 online trade transactions in the world.
Thank you for reading this article. I hope the above share can help you better understand and use the B2B platform to improve your business!
#FashionTIY#B2B online wholesale market#wholesaler#retailer#source supplier#online wholesale platform
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Ride-hailing service Shopicab is commencing its operations in Pune
Namaste India! We are glad to announce the launch of our operations in your city. Whether you need to make a business trip, a factory visit or run errands within the city, you can now count on Shopicab to get you there!
Shopicab the online cab booking has already commenced driver on-boarding in Pune and Kolkata.
Introducing Shopicab, a superior cab service with a motto of “Customers First” coupled with on-time services and low fares, ride after ride.
Shopicab will offer you reliable and affordable transportation options for everyone, everywhere at the tap of a button.
Over the years, commuters have not been offered stress-free alternatives nor has the industry been able to unlock the potential of ridesharing in India. Get ready; we are coming, now you no longer have to worry about booking a car in advance and coordinating multiple times with the driver. Just open your Shopicab app and get a car at the tap of a button.
Shopizio E-Commerce Ltd., the group company of Shopicab, has successfully established itself over the course of 25 years in Kolkata and is now here in Pune to set new standards as “cab booking aggregator” catering timely pick and drop, pocket-friendly as loaded with discounts, unique business model and innovative tech app.
Shopizio E-Commerce Limited incorporated its operations on 6th March 1995 in Kolkata and is registered with Ministry of Corporate Affairs and is the group company with subsidiaries in cab aggregator services, Agro Commodity trading, tele-shopping, Food Supplement Products, IT services & ITES, BPO, International Staffing & E- Commerce Marketplace.
Shopizio takes pride in mentioning that it is a “Debt Free Company” from its inception in 1995 till current day and is in the process of listing it equity shares on the BSE - SME exchange in the coming months.
Mr. Chittaranjan Roy – Managing Director & Promoter of Shopicab said, “The Company is launched with the sole purpose of bringing customers and drivers on a latest user-friendly mobile technology platform, ensuring convenient, safe, affordable, and comfortable personal transport for commuters. Shopicab is concentrating on leveraging the best technology and building innovative mobility solutions from scratch, which are going to be instrumental in revolutionizing the market by taking the commuting experience to an unprecedented level.
He appended, “In line with achieving set “GOALS”, within timelines, we invite investors to partner our success by funding our growth i.e. Venture capitalists, Angel Investors, Car Manufacturers, Law firms, Investment bankers and other strategic collaborators, are most welcome to join the journey.”
Shopicab app is for Android as well as iOS devices and uses Geo-location services to show the location of the cabs in real-time, enabling users to actually see their position and call for them immediately.
What make Shopicab stand out?
Team Shopicab has evolved strategies enabling us to stand- out with an industrial edge in our business segment, some unique highlights are :
● No surge pricing
● Customer-first approach
● 24X7 Helpline
● Innovative app
● Fares as low as Rs. 7.00 per Kilometer
● Safety ensured rides
● Latest GPS technology installed in every vehicle.
● Dedicated pick up and drop facilities for school students
● Ambulance services
● CCTV in each vehicle
● Eco-friendly operations
● Electric Mobility
● Pink Car’s - Women empowerment
● Specialized training for drivers
● Clean Cabs
● On- Time Cabs
● Multiple Payment Options
● ShopiCab Wallet
● Automated Instant Invoice
● Best Rated & Trained Drivers
● Skill Development of the drivers in association with various Government initiatives
● Corporate responsibility towards Cab drivers and their associates by providing them with accommodation, food mess, training, Insurance and medical insurance, car washing & Maintenance, Educational Facilities for their Children & many other initiatives to make their lives meaningful.
For Pune, Shopicab will have an interesting fleet of cars that include Hyundai i20, Renault Kwid, Datsun Go, Toyota Innova, Nissan Sunny etc.
The Market Size
Smartphone Penetration - In 2013 - 6% and May 2019 – 28% in metro cities, the penetration reached 60%-65% by Q1-2015.That is when and where the revolution of on-demand taxis began in India.
Penetration of app-based taxi services is only about 2 % (expected to hit 2.9 percent by 2023)
Indian Taxi Market -The Indian taxi market size was estimated at 1.9 million taxis estimated to generate $10 -$ 11 Billion revenue in 2019.
Unorganized Market -The unorganized small fleet operators account for ~91% market share in terms of registered taxi fleet. The arrival of on-demand taxi players has helped organize this market to a great extent.
Unique selling Proposition of Shopicab
No Surge pricing, Installation of CCTV, Introduction of a few ‘Pink Cab’s’ with women drivers ensuring safety of women passengers, Introduction of ‘Green Cab’ and Electric Mobility, robust lost-and found centre and many other innovative features in the offer to delight the commuter’s mobility.
On the financial front we are projecting a cumulative first 5 year’s gross billings to commuter’s of Rs. 18442 Cr with our “Net Effective Take” pegged at Rs 2766 Cr and a negative PAT of 180 Cr.
Early stage Funding – To Kick start the projects we are seeking funding of Rs. 25 crores either from angel, VC, QIB, Investment funds and other collaborator’s with vested business interests.
In further funding rounds we will be seeking Rs 175 crores to expand our operation to a total of 75 cities.
The exit options proposed to reward our investors would be either listing of shares, private placement, buy back option, Merger or acquisition.
To join forces for being a part of ShopiCab’s success, the company is inviting PE/VC, Angel Investors, HNIs, Car Manufacturers/ Dealers, Law/CA/CS/CMA Firms, Investment Bankers, FIIs, FDI, QS, QIBs, Brokers, Portfolio Managers and other Strategic Collaborators
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Text
Ride-hailing service Shopicab is commencing its operations in Pune
Namaste India! We are glad to announce the launch of our operations in your city. Whether you need to make a business trip, a factory visit or run errands within the city, you can now count on Shopicab to get you there!
Shopicab the online cab booking has already commenced driver on-boarding in Pune and Kolkata.
Introducing Shopicab, a superior cab service with a motto of “Customers First” coupled with on-time services and low fares, ride after ride.
Shopicab will offer you reliable and affordable transportation options for everyone, everywhere at the tap of a button.
Over the years, commuters have not been offered stress-free alternatives nor has the industry been able to unlock the potential of ridesharing in India. Get ready; we are coming, now you no longer have to worry about booking a car in advance and coordinating multiple times with the driver. Just open your Shopicab app and get a car at the tap of a button.
Shopizio E-Commerce Ltd., the group company of Shopicab, has successfully established itself over the course of 25 years in Kolkata and is now here in Pune to set new standards as “cab booking aggregator” catering timely pick and drop, pocket-friendly as loaded with discounts, unique business model and innovative tech app.
Shopizio E-Commerce Limited incorporated its operations on 6th March 1995 in Kolkata and is registered with Ministry of Corporate Affairs and is the group company with subsidiaries in cab aggregator services, Agro Commodity trading, tele-shopping, Food Supplement Products, IT services & ITES, BPO, International Staffing & E- Commerce Marketplace.
Shopizio takes pride in mentioning that it is a “Debt Free Company” from its inception in 1995 till current day and is in the process of listing it equity shares on the BSE - SME exchange in the coming months.
Mr. Chittaranjan Roy – Managing Director & Promoter of Shopicab said, “The Company is launched with the sole purpose of bringing customers and drivers on a latest user-friendly mobile technology platform, ensuring convenient, safe, affordable, and comfortable personal transport for commuters. Shopicab is concentrating on leveraging the best technology and building innovative mobility solutions from scratch, which are going to be instrumental in revolutionizing the market by taking the commuting experience to an unprecedented level.
He appended, “In line with achieving set “GOALS”, within timelines, we invite investors to partner our success by funding our growth i.e. Venture capitalists, Angel Investors, Car Manufacturers, Law firms, Investment bankers and other strategic collaborators, are most welcome to join the journey.”
Shopicab app is for Android as well as iOS devices and uses Geo-location services to show the location of the cabs in real-time, enabling users to actually see their position and call for them immediately.
What make Shopicab stand out?
Team Shopicab has evolved strategies enabling us to stand- out with an industrial edge in our business segment, some unique highlights are :
● No surge pricing
● Customer-first approach
● 24X7 Helpline
● Innovative app
● Fares as low as Rs. 7.00 per Kilometer
● Safety ensured rides
● Latest GPS technology installed in every vehicle.
● Dedicated pick up and drop facilities for school students
● Ambulance services
● CCTV in each vehicle
● Eco-friendly operations
● Electric Mobility
● Pink Car’s - Women empowerment
● Specialized training for drivers
● Clean Cabs
● On- Time Cabs
● Multiple Payment Options
● ShopiCab Wallet
● Automated Instant Invoice
● Best Rated & Trained Drivers
● Skill Development of the drivers in association with various Government initiatives
● Corporate responsibility towards Cab drivers and their associates by providing them with accommodation, food mess, training, Insurance and medical insurance, car washing & Maintenance, Educational Facilities for their Children & many other initiatives to make their lives meaningful.
For Pune, Shopicab will have an interesting fleet of cars that include Hyundai i20, Renault Kwid, Datsun Go, Toyota Innova, Nissan Sunny etc.
The Market Size
Smartphone Penetration - In 2013 - 6% and May 2019 – 28% in metro cities, the penetration reached 60%-65% by Q1-2015.That is when and where the revolution of on-demand taxis began in India.
Penetration of app-based taxi services is only about 2 % (expected to hit 2.9 percent by 2023)
Indian Taxi Market -The Indian taxi market size was estimated at 1.9 million taxis estimated to generate $10 -$ 11 Billion revenue in 2019.
Unorganized Market -The unorganized small fleet operators account for ~91% market share in terms of registered taxi fleet. The arrival of on-demand taxi players has helped organize this market to a great extent.
Unique selling Proposition of Shopicab
No Surge pricing, Installation of CCTV, Introduction of a few ‘Pink Cab’s’ with women drivers ensuring safety of women passengers, Introduction of ‘Green Cab’ and Electric Mobility, robust lost-and found centre and many other innovative features in the offer to delight the commuter’s mobility.
On the financial front we are projecting a cumulative first 5 year’s gross billings to commuter’s of Rs. 18442 Cr with our “Net Effective Take” pegged at Rs 2766 Cr and a negative PAT of 180 Cr.
Early stage Funding – To Kick start the projects we are seeking funding of Rs. 25 crores either from angel, VC, QIB, Investment funds and other collaborator’s with vested business interests.
In further funding rounds we will be seeking Rs 175 crores to expand our operation to a total of 75 cities.
The exit options proposed to reward our investors would be either listing of shares, private placement, buy back option, Merger or acquisition.
To join forces for being a part of ShopiCab’s success, the company is inviting PE/VC, Angel Investors, HNIs, Car Manufacturers/ Dealers, Law/CA/CS/CMA Firms, Investment Bankers, FIIs, FDI, QS, QIBs, Brokers, Portfolio Managers and other Strategic Collaborators
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Text
Are you looking for a low brokerage demat account to start your investment journey in India? With so many options available, it can be overwhelming to choose the best one. But don't worry, we've got you covered! In this blog post, we'll explore the top demat accounts with the lowest brokerage charges in India. Whether you're a beginner or an experienced investor, finding a demat account with low fees can save you a lot of money in the long run. So let's dive right into it and find out which is the best low brokerage demat account for your needs!
Low brokerage charges Demat account in India
When it comes to investing in the Indian stock market, one of the most important things to consider is brokerage charges. Brokerage fees can significantly eat into your profits if you're not careful. That's why choosing a low brokerage demat account is essential.
There are several demat accounts available in India that offer low brokerage charges. These accounts charge as little as 0.01% on delivery trades and 0.05% on intraday trades, which can save you a lot of money over time.
Some popular low-brokerage demat accounts include Zerodha, Upstox, Angel Broking, and 5Paisa. These platforms have gained popularity due to their user-friendly interface and competitive pricing.
Zerodha is particularly known for its innovative features such as zero brokerage for equity investments and direct mutual fund investment options through Coin platform.
Upstox offers free trading for delivery transactions while charging only INR 20 per trade for intraday transactions regardless of transaction volume.
Angel Broking provides excellent research tools like ARQ Advisory tool while also offering customized portfolio advice services from financial experts at nominal prices.
5Paisa has made headlines with its discounted annual subscription plans that allow unlimited trading at very affordable rates throughout the year.
Selecting a low brokerage demat account could play a significant role in maximizing your returns when investing in stocks or other securities in India's financial markets!
Best demat account in India 2022
Finding the best demat account in India can be a daunting task, especially with the plethora of options available in the market. The key is to look for a demat account that offers low brokerage charges and high-quality services.
One important factor to consider when choosing a demat account is its reliability. Ensure that you opt for a well-established broker who has been in the industry for several years with good customer reviews.
Another critical aspect to examine is transparency. A trustworthy broker will always provide transparent pricing structures and disclose all fees upfront without any hidden costs or surprises.
The technology used by the broker also plays an essential role as it determines how efficiently you can trade and access your funds. Consider opting for brokers who offer user-friendly trading platforms, mobile apps, and other tools to enhance your trading experience.
Keep an eye out for additional benefits such as research reports, advisory services, margin funding facilities etc., which could add value to your overall investing experience.
While searching for the best demat account in India 2022, make sure you do thorough research on various aspects like reliability, transparency, technology usage and additional benefits offered by each platform before making a decision.
Which is the best trading app in India 2023
As technology has advanced, trading apps have become an increasingly popular way for investors to manage their portfolios. With so many options available, it can be difficult to determine which the best trading app in India is for 2023.
One of the top contenders is Zerodha's Kite mobile app, known for its user-friendly interface and low brokerage fees. It offers a range of features including live market data, customizable watchlists, and multiple chart types.
Another strong option is Upstox Pro's mobile app which allows users to trade across multiple segments from one platform. It offers real-time market updates and alerts as well as advanced charting tools.
Angel Broking's SpeedPro mobile app is also worth considering with its comprehensive portfolio tracker and research reports. It provides access to over 40,000 stocks and derivatives along with personalized investment recommendations.
The best trading app in India will depend on individual preferences and needs but these are some leading options that are likely to remain competitive in 2023.
So, which is the best trading app in India 2023? The truth is that it's difficult to predict which app will be the best in two years. However, based on current trends and features offered by various apps, some of the top contenders for the title include Zerodha Kite, Upstox Pro, and 5Paisa.
Zerodha Kite offers a user-friendly interface with advanced charting tools and real-time market data. Upstox Pro provides customizable dashboards along with advanced order types and instant fund transfer options. 5Paisa offers low brokerage charges along with a comprehensive research platform.
Ultimately, choosing the right trading app depends on your individual requirements as an investor or trader. It's important to consider factors such as brokerage charges, ease of use, charting tools available, customer support offered among other essentials when selecting a trading application.
In conclusion (just kidding!), there are plenty of low brokerage demat accounts available in India today offering competitive pricing and excellent features. By doing your research beforehand you can find one that suits your needs perfectly while keeping costs down at the same time!
#lowest brokerage charges in india#lowest brokerage#low brokerage charges in india#best trading apps in india#best trading app in india 2023#which is the best trading app in india
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