Introducing BLESED-2023: Ambrela.Money's Pan-India Roadshow Driving Financial Literacy and Inclusion in Bharat
Bengaluru-based fintech startup, Ambrela.Money, is on a mission to deepen financial penetration in Bharat and help more people participate in India's bulging financial ecosystem. To achieve this, the company is launching its pan-India roadshow, BLESED-2023 (Bharat's Largest Economic & Social Equality Drive), covering more than 100 cities across 350 days.
The roadshow aims to bridge the existing gap in financial literacy and connect with over 1 lakh people, growing Ambrela.Money's partner community in the process. The company is creating a full-stack marketplace of financial products and services, aided by its democratized distribution network consisting of over one million individuals. The marketplace app is set to launch next month, offering over 200 types of products from categories such as investments, credit, and insurance.
With heavy investment in infrastructure by both central and state governments, smaller cities in India have a significant advantage in wealth creation. Ambrela.Money plans to channelize a good part of this new wealth into capital markets through its platform. Over the next 10 years, the company aims to achieve its 50-50 mission: have an investment assets under management of $50 billion and facilitate $50 billion in credit through its platform. It also aspires to connect with more than 10 million Indian families using its vast last-mile distribution network.
Founded in 2022 by Arpit Nagda and Sreeraj Thamarappilly, Ambrela.Money brings a wealth of experience to the table. Arpit was a wealth manager with IIFL Wealth, managing more than 200 crores in assets for HNI and UHNI families. Sreeraj, the co-founder and CTO, is a hardcore techie who worked for Asteria Aerospace on its cloud-based Drone as a Service (DaaS) platform SkyDeck, which was acquired by Reliance Jio.
Join Ambrela.Money's BLESED-2023 roadshow and be part of the drive towards financial literacy and inclusion in Bharat.
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