Planify is a Fintech startup. It engages in the sale of secondary shares and also supports firms in raising cash by assisting them in determining the fair value of the company by pitching it to its investor base. These two operations create the majority of the company's income.
Fintech refers to the incorporation of technology into financial services organisations' offerings in order to improve their use and delivery to customers. According to BFSI, India is one of the world's fastest growing Fintech markets. Over the last five years, more than 67 percent of India's 2,100+ FinTechs have been founded. Money availability, the emergence of technology, favourable demographics, government aid, and other variables are all essential contributors in this growth, with the quick rate of digital revolutions being one of the fundamental drivers. The institutionalisation of assets is one of the key drivers of this remarkable rise in fintech.
Secondary Unlisted Shares Sale
- Unlisted shares/stocks are those that are not listed on conventional stock exchanges. Unlisted shares are riskier than listed shares since their liquidity is limited because they are not listed. They are less transparent, but their valuations are more solid.
- Unlisted shares are traded over-the-counter (OTC), which means that buyers and sellers trade the instruments directly without the need of intermediaries. Unlisted shares have been the subject of debate regarding their official classification as an asset class. However, the bulk of wealth management businesses and banks have quickly adopted it, putting all concerns to rest.
- The unlisted stock market is a "safer" investment option than the listed market since it attracts primarily long-term investors, rather than traders. This is due to the inherent qualities of the market, which are movement, growth, and regulation. As a result, it shields this market from large-scale panic selling.
- The Indian Private Equity (PE)/Venture Capital (VC) industry entered the mainstream between 2011 and 2020. During this decade, PE/VC investments expanded at a 19% CAGR, with the total value of PE/VC investments reaching $232.4 billion.
- Dedicated PE/VC fundraising in India was on the rise until 2019. Fundraising, however, slowed for two years as a result of the pandemic (2020-2021). This trend appears to be reversing, with US$3 billion fundraise in January 2022.
- Investments done by PE/VCs in January'22 totaled US$4.5 Bn, which shows a 2.8-fold increase from US$1.6 Bn investments done in January'21 and the number of transactions took place in January'22 was 117, which increased by 43% from January'21 (82 transactions)
- In January'22, start-up investments in India accounted for 68 percent of all PE/VC investments, with a total value of US$3.1 billion across 85 transactions (compared to US$700 million across 57 transactions in January'21).
- Over the last five years, India has raised $44.6 billion in allotted funds. However, due to the pandemic, fundraising halted for two years (2020-21). This trend looks to be reversing, with $3 billion raised in January 2022.
- Planify's curation arose from a desire to offer cutting-edge technology to the $42 billion fundraising business and the $77 billion unorganised private equity market. This young company aspires to capture the largest market possible by offering a solution that has never been seen in India before. The goal is to become India's go-to destination for entrepreneurship and startups.