Stock trading app OpiGo secured Rs 1.4 Cr Pre-Seed funding
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Manish Choksi of Asian Paints and Shubham Satyarth of Sharpely led a pre-seed funding round for OpiGo, an all-in-one stock platform, that brought in Rs 1.4 crore.
According to a press release from OpiGo, the company intends to use the money to launch a new advisory vertical, grow its user base, and enhance the user experience.
Devansh and Aman Mehta founded OpiGo in 2023 as a stock market platform where a community of experts assists in selecting the appropriate stocks in a trustworthy manner. Through its user-friendly decision-making tools, which include cards, polls, scores, and more, the company meets customer needs. It seeks to become a one-stop shop for decision-making and transform the way people talk about investments.
The Mumbai-based company claims that it provides a full range of features, from consolidated broking, in-depth stock research, and a dedicated advisory vertical, to gamified communities and incentive-driven paper trading.
In the beta version of the platform, over 7,500 users are claimed.
It is in direct or indirect competition with FrontPage, InvestMates, StockEdge, StockGro, and Trinkerr.