ADAPT FINTECH ADVISORS PRIVATE LIMITED

In their own words

Adapt Fintech (“Fintso”) is founded in December 2019 by George Mitra and Rajan Pathak each one having more than 22 years of experience bridging between product manufacturers, vertical aggregators and financial advisors. The founder’s belief is that there is a need to Democratize the Wealth management space by empowering the independent financial advisors, which in turn would mean offering Advisory services and product baskets to the end clients they serve. Fintso is developing a technology Platform to be launched by 1st Quarter of FY21. The platform would provide cutting edge technology solutions using Fintech to provide Holistic solutions to this eco-system. Fintso expects to provide direct employment to around 160 people by 2023. They also expect around 6,000 financial advisors / entrepreneurs to be associated with the platform, providing advice and value added services to more than 8 lakhs investors directly by assisting them in financial planning and wealth creation. Considering the nature of business which requires continuous upgradation of skills in terms of product and technology, we are committed towards product innovation and up-skilling of entrepreneurs by providing training to enable them to learn and embrace the system not only from financial advisory knowledge, but digital enhancements perspective as well. On a rational basis, Fintso expects its revenue to be around INR 60-INR 70 crores by 2023 and at product development stage would require around INR 35 Cars over the period of next two years to bridge the cash flow requirements, which will be funded by Angel Investors.

Written by the company on its public Startup India profile. Not verified by us.