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PhonePe’s Share.Market Unveils “Sheets”: A Game Changer for Stock Trading!!

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PhonePe's Share.Market Unveils "Sheets": A Game Changer for Stock Trading

PhonePe’s foray into stock trading through its platform Share.Market is making waves with the launch of a groundbreaking new feature called “Sheets.” This innovative tool aims to simplify stock trading and empower investors of all levels, marking a significant step in PhonePe’s evolution from a digital payments platform to a comprehensive financial services provider.

Simplifying Investment Strategies

Sheets allows users to integrate real-time market data directly into custom spreadsheets, eliminating the need for manual data entry and streamlining the process of analyzing trends and developing investment strategies. Here’s what Sheets offers:

Key Features of Sheets

  • Tailored Watchlists: Users can create and manage customized watchlists, keeping track of their most important stocks effortlessly.
  • Live Option Chain Data: The tool enables users to monitor real-time option chain data, facilitating informed decisions around options trading.
  • Seamless Strategy Building: Users can combine historical and live market data to build robust investment strategies, reducing the need for complex technical analysis.

Empowering New and Experienced Investors

According to Ujjwal Jain, CEO of Share.Market, Sheets is designed to automate tasks and empower users. This user-friendly approach caters to both new and experienced investors:

Benefits for Investors

  • Simplified Decision-Making: Sheets reduces manual errors and simplifies analysis, making investment decisions more accessible.
  • Advanced Features on the Horizon: Upcoming features like a custom strategy builder and pre-designed templates will further attract and support experienced investors.

Rapid Growth and Zero Brokerage Offer

Launched in August 2023, Share.Market has witnessed impressive growth. With over 2.5 million lifetime users and exceeding 200,000 active investors by mid-2024, it currently ranks as the 21st largest broking platform in India. To further attract new users, Share.Market is offering zero brokerage fees on all trades until March 31, 2025, making it an appealing option for both novice and seasoned traders.

Strategic Positioning

The platform’s growth reflects PhonePe’s commitment to diversifying its offerings within the financial sector. By introducing features like Sheets, PhonePe not only enhances its competitive edge but also aims to democratize access to stock trading for a broader audience.

The Broader Context of PhonePe’s Diversification

Share.Market’s success marks PhonePe’s evolution from a digital payments platform to a comprehensive financial services provider through its subsidiary, PhonePe Wealth Broking. The introduction of Sheets highlights PhonePe’s commitment to innovation and making investment accessible to a wider audience.

Future Outlook

As the Indian stock market continues to grow, tools like Sheets are likely to play a crucial role in shaping how retail investors engage with financial markets. By simplifying complex trading processes, PhonePe aims to attract more individuals into investing, fostering greater financial literacy and participation.

Conclusion

PhonePe’s launch of Sheets within Share.Market represents a significant advancement in the Indian edtech landscape. By providing innovative tools that simplify stock trading and empower investors, PhonePe is not only enhancing its service offerings but also contributing to the growth of retail investing in India. As the platform continues to evolve with additional features and zero brokerage offers, it stands poised to reshape the future of stock trading for millions of users across the country.

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1 Comment

  1. droversointeru

    April 12, 2025 at 9:07 pm

    What¦s Taking place i am new to this, I stumbled upon this I’ve discovered It positively helpful and it has aided me out loads. I am hoping to give a contribution & aid other customers like its helped me. Great job.

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Piyush Anchliya Joins Cashfree Payments as CFO Amid Expansion in India’s Fintech Sector

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Cashfree Payment - StartupStories

Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer (CFO), effective April 15, 2025. Anchliya brings over 15 years of experience in investment banking, corporate finance, strategy, and mergers and acquisitions, with senior roles at Barclays, Bandhan Group, and most recently as CFO of Bandhan AMC. He holds an MBA from IIM Ahmedabad and a B.Tech. from IIT Kharagpur.

In his new role, Anchliya will lead Cashfree’s financial strategy, optimize operations, and support the company’s next growth phase. He will report to CEO and Co-founder Akash Sinha, who highlighted Anchliya’s expertise as vital for sustainable scaling and strengthening the company’s financial foundation. Anchliya succeeds outgoing CFO Vikas Guru, who will assist during the transition.

Founded in 2015, Cashfree Payments processes over $80 billion annually for more than 800,000 businesses. The company recently raised $53 million in funding led by KRAFTON and Apis Growth Fund II and secured key RBI licenses, positioning it for accelerated growth in India’s fintech sector. Anchliya’s appointment comes at a pivotal time as Cashfree aims to expand its leadership in digital payments.

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Flipkart’s Jeyandran Venugopal Likely to Join Reliance Retail as CEO

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Flipkart - StartupStories

Jeyandran Venugopal, the outgoing Chief Product and Technology Officer of Flipkart, is set to become the CEO of Reliance Retail Ventures (RRV), the retail arm of Reliance Industries. His appointment, expected to be finalized in May after his exit from Flipkart, signals Reliance’s push to strengthen its retail business with a technology-first approach.

Venugopal brings extensive experience from leading roles at Flipkart, Myntra, Yahoo, Snapdeal, and Amazon, where he focused on scaling technology platforms and driving innovation. At Flipkart, he managed product, engineering, data science, and more, helping build robust systems and improve user experience.

His move comes as Reliance Retail undergoes transformation, including cost-cutting and a renewed focus on digital growth. Venugopal’s leadership is expected to accelerate Reliance’s ambitions in omnichannel and tech-driven retail, positioning the company for continued dominance in India’s evolving market.

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Delhivery’s Acquisition of Ecom Express: A Major Consolidation in Indian Logistics

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Delhivery, one of India’s leading logistics companies, has announced its acquisition of Ecom Express in an all-cash deal valued at ₹1,407 crore. This strategic move marks one of the largest consolidations in the logistics sector and is expected to enhance Delhivery’s scale, profitability, and operational efficiency.

Background

Ecom Express, founded in 2012 and headquartered in Gurugram, has faced significant financial challenges recently. The company canceled its IPO plans in 2024 and laid off hundreds of employees due to operational setbacks, including losing a major client, Meesho, which shifted to its in-house logistics service Valmo. These struggles led to a distressed sale, with private equity investors like Warburg Pincus and Partners Group exiting their stakes entirely.

Strategic Benefits for Delhivery

  1. Enhanced Scale: The acquisition will strengthen Delhivery’s network reach and infrastructure, enabling better service delivery across India.
  2. Operational Synergies: Combining operations with Ecom Express will improve efficiency and reduce costs through economies of scale.
  3. Competitive Edge: With Ecom Express as a subsidiary, Delhivery solidifies its leadership position in the logistics space by offering broader coverage and faster services.

Challenges Addressed

The acquisition mitigates risks from Ecom Express’ financial struggles while addressing past disputes between the two companies over inflated shipment volumes reported by Ecom Express during IPO filings.

Future Outlook

The deal is expected to close within six months after regulatory approval from the Competition Commission of India (CCI). Post-acquisition, Ecom Express will operate as a subsidiary of Delhivery, unlocking new growth opportunities such as advanced logistics technology integration and expanded customer reach.

With ₹5,488 crore in cash reserves as of September 2024, Delhivery is well-positioned to finance this acquisition without compromising financial stability. This move underscores Delhivery’s commitment to innovation and efficiency in India’s rapidly evolving logistics landscape.

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