Stockative is already on its way to becoming India’s first social network site designed exclusively to connect regular investors and traders so they can learn, profit, and have fun.
Founder And Co-founder Duo Behind Stockative
It was a usual weekend for Hari Siva and Sourav Saha during the summer of 2019 when they discussed India’s social media landscape and how there is a pressing need for having a dedicated social media platform for stock traders and brokers. Hari Siva was the director of 360 technology a couple of years back and has recently moved to be on board with Scadea Solutions as the VP- People & Culture.
Sourav Saha has been working with 360 Technology, Bangalore where everything about technology was happening. He donned multiple hats from System Engineer at TCS to big data engineer and Technical lead at 360 technology.
The Problem They Observed & Decided To Come Up With Their Startup- Stockative
They keenly observed that most of the successful stockbrokers and investors have a reputation to keep their observations and ideas to themselves. As a result, stock trading, commodity trading, and currency trading are still being considered the domain of committed specialists and the rich in India.
They also observed that while most traders conduct their own fundamental and technical analysis before investing, a subset of traders prefers to watch and copy the work of others.
The kind of knowledge and skillset required to be a successful trader is yet to be made accessible for the common man in India who wants to leverage the power of accumulating wealth by investing wisely in share trading and the stock market. They realized the gap and decided to solve this. Also, successful market traders and investors have always been required to stay on top of the macroeconomic and news from the business world to make sound investing decisions.
That’s when after much brainstorming, they came up with their revolutionary startup idea- Stockative. A social networking platform designed exclusively for investors and traders in India. StockActive allows everyone on their platform to learn the wise investment tips from the industry leader and have fun while having an in-depth discussion about what’s happening in the world of stock trading, IPOs, investment, and trading. Now anyone can create their profile at Stockative, start learning the basics, and make profits by investing in stocks that are making waves.
Stockative For Everyone
Headquartered in Bangalore with offices in Kolkata, Stockative was born in Dec 2020.
Once you have your profile ready at Stockative, it allows novice and professional traders and investors alike to learn from each other, trade wisely, and earn profit.
Interactive functions at StockActive seamlessly integrated with all-the-good-things of social networking site allows traders to communicate/ chat with one another in their comments and online, study each other’s deals, what they are buying/ selling, and learn about decision-making processes.
How does Stockative work?
StockActive works wonder by giving instant access to the complex world of financial markets to novice and professional traders alike.
Anyone can create his/her profile at Stockative using their Gmail, Twitter, Facebook, or LinkedIn credentials- which makes it pretty easy to navigate at the site. Alternatively, you can also create your login Id using your email and setting up a password.
“Stockative allows everyone at our platform to exchange techniques and get inspired by other’s moves. As a member of the larger social trader group at Stockative, anyone can choose to ‘follow’ another well-established trader and see where exactly they are investing.
StockActive, a social network for investors and traders is without a doubt the company that has a single aim and that is to give shape, awareness, and visibility to what we now call Social Trading.
With the financial market soaring at its all-time peak, India Inc. is witnessing some solid growth stories among enterprises across the industries. Traders and investors have become the hottest terms in the industry. Investors from across the globe continue to flock to Indian assets, propelling a 65 percent gain in the Nifty 50 Index over the past year, outpacing every other equity benchmark globally”.
The biggest issue that slows down the enthusiasm for retail investors is- Trust. Without the know-how, it is difficult for beginners in the world of trading to build wealth. They are left with only two options- learn and do it themselves – a path that takes a long time and is fraught with risk – or hire an advisor who is primarily focused on serving HNI’s.
This creates a massive gap between retail investors and an expert who knows a thing or two about making sound financial decisions. This is where Stockative makes a grand entry. Providing a platform for everyone and comprehensively covers the entire value chain of stock trading.
Stockative facilitates the interaction, allows the exchange of ideas, makes you trade wisely, and creates wealth all along the process. Stockative is a platform for the latest industry insights, for the financial news making headlines, and to keep an eye on the market pulse.
Premium Rooms At Stockative: Monetize Your Expertise
One of the key plans for Stockative future strategy is to introduce the Premium Rooms feature. Premium rooms at Stockative provide unmatched access to exclusive content, insights, and analyses from India’s top business and financial minds to everyone for a nominal fee.
When someone joins Rooms, it allows them to be a part of a tailored group that helps them invest and trade more effectively. It is a place where Influencers can monetize their expertise by giving knowledge to other investors.