All-in-one stock platform OpiGo raises Rs 1.4Cr led by investors

Mumbai-based all-in-one stock platform OpiGo has raised Rs 1.4 crore ($168,000) in a pre-seed funding round co-led by notable investors Manish Choksi of Asian Paints and Shubham Satyarth, founder of Sharpely.

Revolutionizing stock market decision-making

Founded in 2023 by brothers Devansh and Aman Mehta, OpiGo aims to revolutionize stock market discussions and decision-making. The platform offers a range of features, including gamified community engagement, incentive-driven paper trading, consolidated broking, and in-depth stock research.

A notable addition is the new advisory vertical. OpiGo's user-friendly interface and innovative tools like "Cards" allow users to share stock opinions with real-time prices and analytics, fostering informed decision-making.

Addressing market Challenges

In a market rife with misinformation and pump-and-dump schemes, OpiGo stands out by verifying SEBI-registered experts and employing a scoring algorithm to enhance transparency and engagement.

Devansh Mehta, with a portfolio advisory track record exceeding Rs 2,500 crore, emphasizes the platform's role in transforming investment decisions and paving the way for seamless wealth creation.

OpiGo claims to have a community of 3900 investors, growing to over 7,500 users in its beta version. 

Opigo future plans

With India's DEMAT account market projected to exceed 250 million by 2030, OpiGo plans to cater to the finance interests of India's 40 crore individuals.

The startup's monetization strategy includes product distribution, transactions, advisory services, and a unique reward program. However, the primary focus remains on building a high-quality community of investors and learners.

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