[Tech30] These industry veterans’ startup encourages millennials to save and invest money smartly
Summary
Founded in 2016 by Samant Sikka, Sanjeev Sharma, and Dhananjay Singh, the startup has registered close to one million downloads and footprints across its app and website. Samant Sikka worked for almost two decades in the financial services domain across sales, business development, strategy, marketing, and digital. The startup generates revenue in the form of distribution fee from underlying AMCs (Annual Maintenance Contact) from manufacturers in regular funds. Sqrrl plans to go to market with its offerings aggressively and intends to expand to loans, insurance, payments, and aspires to morph into a digital bank. YourStory’s Tech30 companies list is an annual selection of 30 carefully curated and disruptive tech-based startups that we believe will shape the new narrative for India and the world.