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Wint Wealth

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Wint Wealth Company Research Report



Company Overview



Name, Mission of the Company


  • Name: Wint Wealth

  • Mission: Democratizing Debt Investments in India, making unique investment opportunities accessible to everyone with a remarkably lower ticket size.


Founded


  • Year: 2020

  • Founders:

  • Ajinkya Kulkarni

  • Abhik Patel

  • Shashank Chimaladari

  • Anshul Gupta

  • Vinay Dubey

  • Sruthi Sivakumar


Key People in the Company


  • Ajinkya Kulkarni - Co-founder & CEO

  • Abhik Patel - Co-founder & CPO

  • Shashank Chimaladari - Co-founder & CTO

  • Anshul Gupta - Co-founder & CIO

  • Vinay Dubey - Co-founder & CMO

  • Sruthi Sivakumar - Co-founder & CDO

  • Aditya Anand - CEO

  • Vallari Dubey - Compliance Officer


Headquarters


  • Location: Bangalore, Karnataka


Number of Employees


  • Employees: 51-200 employees


Revenue


  • No information is available


Known For


  • Wint Wealth is known for offering high-interest Fixed Deposits (FDs), corporate bonds, and sovereign gold bonds enabling high returns on investments.


Products



Product Overview


Wint Wealth provides various fixed income products:

1. Corporate Bonds
  • Description: Corporate bonds that offer high returns with a minimum investment as low as ₹1000.

  • Key Features:

  • High returns

  • Low minimum investment

  • Different maturity tenures


2. Fixed Deposits (FDs)
  • Description: Fixed deposits that earn up to 8.35% interest, insured up to ₹5L by RBI’s DICGC insurance.

  • Key Features:

  • High interest rates (up to 9.5%)

  • Safety via insurance

  • Emergency fund option


3. Sovereign Gold Bonds (SGBs)
  • Description: SGBs issued by the RBI, providing investment in gold.

  • Key Features:

  • Government-backed

  • Hedge against inflation

  • Interest income along with the value of gold


Recent Developments



Recent Developments in the Company


  • SEBI Regulations: Due to recent SEBI regulations, the investment amount for most bonds has been lowered to ₹10,000, making it more accessible.

  • iOS App Launch: Release of the iOS app to provide convenience to users.

  • Launch of High-Return FDs: Launch of FDs with interest up to 9.5% p.a., offered in collaboration with Unity SF Bank.

  • Basket of Bonds: Introduction of new bond investment products like Wint Basket Nov'23 and Ugro Dec’23, with varying returns and investment requirements.


New Products Launched


  • Unity SF Bank's FD: Offering up to 9.5% interest, insured by RBI’s DICGC.

  • Wint Basket Nov’23: A securitized debt instrument allowing investment in multiple bonds through a single transaction.

  • Ugro Dec’23: Bonds with specific interest rate and maturity terms.

  • MoneyBoxx Dec'23: Offering high returns with a specific tenure and regular repayments.


New Features Added to Existing Products


  • Lower Investment Amount: Most of the bonds now have a minimum investment amount reduced to ₹10,000.


New Partnerships


  • Regulatory Compliance: Partnered with NSE to provide regulated investment opportunities.




This concludes the detailed and structured company research report on Wint Wealth.