Overview
Marketfeed, founded in 2020, is a fintech startup that aims to democratize stock market access in India. Specializing in an automated trading platform, Marketfeed provides sophisticated options trading strategies to maximize returns for individual investors. The company emphasizes "#tradingforall" by delivering tools and resources that redefine trading experiences through advanced applications and platforms. Marketfeed received significant venture funding, having participated in the Y Combinator Summer 2021 batch.
Key Personnel
- Sharique Samsudheen: CEO & Co-Founder
- Location: Bengaluru
- Education: National Institute of Technology Jamshedpur
- LinkedIn: 500+ connections
- Social Media: YouTube channel with over 1.94 million subscribers
- Sharique drives Marketfeed's vision of democratizing stock market access.
- Sooraj E: CTO & Co-Founder
- Location: Bengaluru
- Background: Y Combinator alumni
- Leads Marketfeed's technology strategy and product development.
- Vishvak Saen: Vice President, Product Management
- Previous Experience: Swiggy, 1MG, Mobikwik
- Education: National Institute of Technology Raipur
- Vishvak leverages experience from major tech companies to boost Marketfeed's product offerings.
- Vivek Krishna: Head of Design
- Focus on integrating innovative design principles within Marketfeed’s interface to ensure user-friendly experiences.
- Sajin Ravindran: Principal Software Engineer
- Specializes in front-end development contributing to the platform’s responsive design.
- Ajay Ajith: Lead - Social Media
- A powerful influencer and marketer enhancing digital engagement through strategic social media outreach.
- Naveen Sunil: Lead - Sales & Marketing
- Education: Lovely Professional University
- Drives Marketfeed’s market expansion through extensive sales and marketing expertise.
Product Offerings
Marketfeed offers a comprehensive automated trading platform, empowering users with effective high-return trading strategies. Apart from facilitating investment processes, it provides a progressive finance education environment with pre-built equity tools. It commands a notable market presence, with users deploying over ₹170 Crores leveraging its platform.
Community and Values
- Mission: Enable financial independence through user-centric trading solutions.
- Vision: Cultivate India's largest community of financially adept individuals.
- Core Values: Emphasize customer obsession, trust, ambition, clarity, and excellence.
Market Presence and Social Media
With robust engagement, Marketfeed's digital footprint includes YouTube (1.94M subscribers), LinkedIn (10K followers), and Instagram (500K followers). Its position as a leading fintech app is reflected by a 4.1-star rating on both the Play Store and App Store.
Location
Headquarters: Honeykomb by BHIVE, 19th Main Road, HSR Sector 3, Bengaluru, KA - 560102, a renowned tech hub in India.
Competitor Analysis
In the competitive fintech landscape, Marketfeed is challenged by several key players:
Tradetron
- A leading algorithmic trading platform and marketplace.
- Allows creation of strategies without coding, servicing brokers, funds, and retail investors.
- Based in San Jose, California, employs 21-40 people.
- Founded in 2019, integrates with over 40 brokers and multi-asset trading capabilities.
Rachana Ranade and Associates
- Founded by CA Rachana Ranade focusing on financial education.
- Simplifies financial concepts for broader audiences, fostering a knowledgeable investor community.
Algomojo
- Automated order execution platform linked with tools like TradingView and AmiBroker.
- Offers patented technologies facilitating multi-broker connections for systematic traders, enhancing efficiency.
Market Position and Strategic Implications
Marketfeed must navigate these competitive pressures by enhancing platform features, fostering strategic broker partnerships, and expanding educational initiatives. Building a community of informed investors like Rachana Ranade's model and refining algorithmic trading capabilities can drive user engagement and ensure Marketfeed's continued growth in the competitive fintech market.
