Business Description:InvestmentYogi's business is to offer personal finance advice by providing high value personalized tools and content to the mass market. Through its innovative and scalable approach and technology, InvestmentYogi would like to provide the type of advice and services typically offered by wealth managers to HNIs (High Net-worth Individuals) while also enabling a platform to harness the collective intelligence of the community (social networking in personal finance).
Industry:Finance
Founded in:2007
Source of idea:Wanted it as an individual customer
Significant Competitors:Money control, iTrust, other
Company Details :
Company Name:InvestmentYogi
HeadQuarters:Hyderabad
Stage of the company:Several customers or locations
No of Employees (2006):Did not exist
No of Employees (2007):0-5
Office Locations(2006):Did not exist
Office Locations(2007):0-1
No of companies promoted:No
Profits (2006):Did not exist
Profits (2007):preprofit
>Partnerships:We have a partnership with a boutique wealth management company with a team of certified financial planners.
Initial Funding:Personal savings
Addl Funding:Angel investors
Institutitional Capital:No
Revneue Model:We will offer premium subscriptions and fee-based planning and advisory services and online advertising.
Awards & honors:We recently launched, we are the first personal finance social networking site and should have some bragging rights next year.
Promoters Details :
Promoters Name(s):Mamtha Banerjee
Age:38
HomeTown:Hyderabad
Education:Masters
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Director of Technology at Travelocity
Ex-Job Description:Architecture
Favorite Book/Movie:Harry Potter
