Startup offers more than 400 analysts work

Global investors venturing into the mega Indian market are increasing their in-depth research for data and information to support their hardnose investment decisions.

“Nobody can overlook India for its enormous business potential now with fastest growing economy in the world,” said Raghav Kapoor, Co-Founder and chief executive of startup Smartkarma, which offers global analyses for investors.

Kapoor believes that an increasing research work is done by foreign investors on Indian companies as their potential partners.

Kapoor highlighted forecasts of strong economic growths in Indian in the coming years which will see an increase in capital flow into the mega market.

This calls for research diligence, carefully thought and proper decision making by investors, said Kapoor who co-developed Smartkarma three years ago, collating research for international analysts, investors, banks and financial institutions among others.

The start-up, backed by global seed investors and funds, puts together data and research work from more than 400 analysts, a significant of which is on India.

Singapore-based Smartkarma has become Asia’s largest research hub and will soon be opening office in Europe, the United Kingdom and the United States. It expanded to Hong Kong in the fourth quarter of last year.

The expansion is based on demand from subscription-based clients which includes banks and financial institutions.

Global investors with focus on Asian markets are centralized in Singapore and Hong Kong.

“But we have started getting requests for research data on global markets, which means global expansion for Smartkarma,” said Kapoor. fii-news.com