Bullsmart launches mutual fund investing app

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Bengaluru (Karnataka) [India]September 29: Bangalore-based fintech startup Bullsmart launches mutual fund investment app. Leading investment solutions provider Bullsmart hosted a gala launch of this app at the Global Fintech Festival 2022 held at the Jio World Convention Center in Mumbai. The application is now live and investors can download it from https://play.google.com/store/apps/details?id=in.bullsmart

Bullsmart, a new-age fintech start-up based in Bangalore, was the Silver Partner of the GFF 2022 event. This year’s theme was “Creating a Sustainable Financial World: Global, Inclusive, Green”. The event witnessed the participation of eminent personalities including Shri. Narendra Modi, Prime Minister of India; Smt. Nirmala Sitharaman, Indian Minister of Finance and Commercial Affairs; Shri Shaktikanta Das, Governor, Reserve Bank of India and Ms. Madhabi Puri Buch, Securities and Exchange Board of India (SEBI), Chair. Global finance and fintech leaders also joined the conference.

In her address, Nirmala Sitharaman said fintech is important for financial inclusion and she urged fintech players to work with government and regulators.

Shaktikanta Das chose the theme of “Fintech as a Force Multiplier” for his speech and said, “The next decade of finance will focus more on two central themes: sustainable development and technological innovations transforming the lives of ordinary people. .

Ankita Das, CEO of Bullsmart, participated in a panel discussion on “Investment Gamification – Where to Draw Boundaries”. She was joined by Sagarika Shah, Samant Sikka, Viram Shah and Karan Mehra. Speaking to the audience, Ankita shared Bullsmart’s vision and the current state of financial literacy and financial inclusion in India and how gamification can be leveraged to make financial education more engaging and easy to understand, especially among young people. She said, “Three key principles that make gamification a desirable feature of any investment platform are progression, competition, and community.”

Ankita also criticized the use of gamification techniques employed by a few players to manipulate users into aggressive trading. In conclusion, Ankita suggested that investment platforms should not go overboard with gamification and should adopt sustainable gamification strategies to improve users’ overall investment experience.

The Bullsmart team had the privilege of showing the app to government officials, regulatory personnel and industry veterans. Sourabh Tomar, Head of UPI and IMPS Products, National Payments Corporation of India (NPCI); Srinivas Jain, Executive Director and Head of Strategy at SBI Mutual Fund; Barbara Voelkl, Policy Officer at the German Federal Ministry of Finance, was among those we were in contact with. Mr. Vivek Deep, Executive Director of RBI, appreciated how Bullsmart creates financial education using gamification method.

Be among the first to join the Bullsmart family. Download the app now:

https://play.google.com/store/apps/details?id=in.bullsmart

Bullsmart is the brand name of Dados Technologies Private Limited registered under the Companies Act 2013 having CIN: U65100MH2019FTC329281 and having its registered office in Singapore. Bullsmart is building an investing platform with cutting-edge investing tools to help young people get started investing. Our vision is to become the most sought-after investment platform in Asia and act as a catalyst for India’s financial growth.

Further details are available on the website at:

https://bullsmart.in/

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