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Bazaar Analysis selected as a 2015 Red Herring Top 100 Asia
Red Herring’s Top 100 Asia (http://www.redherring.com/
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe Bazaar Analysis (http://www.SafeTrade.in ) embodies the vision, drive and innovation that define a successful entrepreneurial venture. Bazaar Analysis should be proud of its accomplishment, as the competition was as strong as ever.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia.
Red Herring is a global media company, which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums, including print, online and exclusive events worldwide. Red Herring provides an insider’s view and access to the global innovation economy, identifying new and innovative technology companies and entrepreneurs.
AboutBazaar Analysis Pvt. Ltd: (http://www.SafeTrade.in)
Bazaar Analysis was started with the objective to provide quality and cost effective analytic services to capital market for retail as well as enterprise segment.
Company has launched India’s first robotic portfolio management system for individual investors through website http://www.SafeTrade.in for retail investors. Top 100 portfolios registered with the system are managing more than INR 90 million invested in Indian stock market. SafeTrade has been awarded the Best Financial Startup 2015 by ISA(Indian Startup Awards) for Disruptive Innovation to Simplify Stock Market Investment. This service is first of its kind in India as said by CEO & Founder Jyoti Kumar who is alumnus of IIT-Delhi & IIM-Kozhikode. Prior to starting this company he worked with Microsoft (R&D) in SQL Server division.
Monitoring & tuning of individual investor’s portfolio on daily basis is a very challenging work. Company has stabilized the platform and built the muscle to handle large number of portfolios in the last two years. They are now looking to scale up and reach out to bigger set of customers. At the moment India has close to 2.5 crore demat account holders and it is growing by 10% year on year.
Apart from growth within India, company eyes to go global and they are in pilot process of launching the service in other Asian markets like Singapore, Philippines etc.