Finhaat Wealth Launches Tech-Driven Platform in India

Finhaat has launched Finhaat Wealth, a tech-driven wealth management platform aimed at providing accessible financial solutions to India's emerging middle class. With a focus on mutual funds and digital gold, the platform seeks to onboard 2,000 distributors in its first year while covering 10% of India's pin codes and attracting 100,000 clients. The initiative builds on Finhaat's success in the insurance sector, where it established a robust distribution network, and aims to empower micro-entrepreneurs as wealth distributors to reach underserved regions. The platform offers seamless digital onboarding, 24/7 support, and ongoing training, making it easier for first-time investors and distributors to navigate the financial landscape. CEO Vinod Singh emphasized the goal of creating a simple and accessible financial ecosystem tailored for aspirational Indians. By its third year, Finhaat Wealth plans to expand significantly, targeting 50% of pin codes and 2 million clients.