Business Description:iMetanoia Financial Services is a firm focused on the individual investors, founded on the belief that investments can be demystified and made simple so that a larger group of people can approach it with ease and confidence. The firm blends freeware and subscription services to bring together Institutional Content Made Main Street Ready, End-to-End Transactions Capability and World-class Investor Education.
It is in the process of incorporating a brokerage engine to both participate in the growing transactions business and to fully leverage its platform technologies that codify institutional best practices for the individual investor.
Industry:Finance
Founded in:2007
Source of idea:Built hobby into a business
Significant Competitors:My Iris
Company Details :
Company Name:iMetanoia Financial Services
HeadQuarters:Bangalore
Stage of the company:Several customers or locations
No of Employees (2006):0-5
No of Employees (2007):0-5
Office Locations(2006):0-1
Office Locations(2007):0-1
No of companies promoted:Yes (2)
Profits (2006):preprofit
Profits (2007):1 to 5 lacs
>Partnerships:Yahoo Finance India
Initial Funding:Personal savings
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:Subscription based revenue model
Awards & honors:Represented Chicago GSB in Business plan Competition
Panelist for Chicago GSB Entrepreneurship Immersion
Represented Chicago GSB at the TiECon Silicon Valley
Economic Columnist for Financial Express
Promoters Details :
Promoters Name(s):Raj Majumder
Age:35
HomeTown:Bangalore
Education:Masters
No of companies promoted:Yes (2)
Family Background:First gen entrepreneur
Job:Head at Infosys technologies
Ex-Job Description:Business Development
Favorite Book/Movie:Fifth Descipline