Rainmatter by Zerodha

Mutual fund investments have grown significantly over the past five years, driven by AMFI’s ads and digitalization. However, this growth mainly benefits a limited demographic, leaving a large pool of untapped investors. Building trust through better advisory, communication, and transparency is key for mutual fund distributors. Vishranth Suresh, Co-Founder & CEO of AssetPlus, drawing from his experience as a mutual fund distributor, decided to tackle this challenge at scale using technology. He joins Hansi Mehrotra on From Scratch to share his journey and insights on the industry.

Organic farming can be the solution for food security, health, and environment in India. Madhu Chandan SC, founder of Organic Mandya, explains on The Climate Conversations with Hansi Mehrotra. Check out the link in the comments to watch the full episode.

Is the economy not dependent on nature or we were not taught to have this lens on? Kamal Kapadia explains how the way we look at climate science has some flaws and how Terra.do has been playing its part to fix that in this conversation with Hansi Mehrotra. Check out the link in the comments to watch the full episode.

We're excited to announce our investment in O4H Order For Health, a cloud kitchen that offers balanced & healthy meals at an affordable price point. O4H has a vast menu of meals that are high in protein and fibre. They are currently available for delivery across Bangalore. What made O4H stand out to us is their focus on affordability and options that are familiar to the Indian palette. Their goal is to make healthy eating fuss-free and enjoyable for everyone. We're thrilled to support them in their journey. Read this post to know more👇

Climate is where technology was a decade ago. There are no longer tech companies; every company uses tech in their domain. Similarly, we don’t need climate companies; we need to apply a climate lens to everything we do. This means we have to learn about climate science and action. We spoke with Kamal Kapadia, co-founder of Terra.do, Ganesh Shankar, founder of The Sustainability Mafia, and Pratap Raju, founding partner  Climate Collective to detail the path to learning climate science and the problems that are being fixed in the process.

On the sidelines of #GFF2024, we met some of the Founders attending GFF from the Rainmatter Fintech portfolio, all building some great products and helping Indians save and invest better. This dinner was long overdue though. All of us on Rainmatter came out a bit more knowledgeable about the sector, and will probably end up hanging out as a large team more often. ❤️ Here's a short video of what they had to say. Dinesh Pai Hansi Mehrotra Abhinav Parashar (Co-Founder and CEO, Digio) Atik Shah (Co-Founder and Chief Business Officer, MProfit) Priyank Shah (Co-Founder and CEO, The Financialist) Vishranth Suresh (Co-Founder and CEO, AssetPlus) Parag Kasliwal (Co-Founder and CEO, Beyond IRR) Ashutosh Datar (Co-Founder, IndiaDataHub) Satprem Mohanty (Co-Founder, ValuEnable) Ameet Ayare (CEO, Actlogica) Vineet Singh (Founder and CEO, Castler) Kuldeep Parashar (Founder and CEO, PensionBox)

Solar panels only perform well with proper maintenance, but consumers often aren't told this. On The Climate Conversations, Shreya Mishra, co-founder of Solar Square, talks about the benefits, challenges, and future of household solar panels in India. Full episode link in the comments.

We’re excited to announce our investment in StepOut, a football analytics company dedicated to enhancing football performance data in India. Their platform allows teams, coaches, and players to upload match videos and quickly receive data-driven insights to improve performance. StepOut’s technology is accessible and easy to use, enabling players at all levels to track their progress and helping scouts efficiently evaluate talent. Tools like these were previously available only to elite teams. StepOut is opening up opportunities for players across India, breaking down barriers to entry in the sport, and fostering a more inclusive football ecosystem at the grassroots level. We’re thrilled to be a part of their journey as they lead the way in sports analytics. Read more👇

We are pleased to announce our investment in Ai Health Highway, a company focused on improving healthcare accessibility through their innovative smart stethoscope, AiSteth. Non-communicable diseases (NCDs) are the leading cause of death worldwide, claiming over 41 million lives annually. Timely diagnosis of NCDs is crucial, and this is the problem AI Health Highway aims to address. AiSteth integrates advanced signal processing and AI with traditional stethoscope technology, enabling non-specialists to conduct comprehensive examinations by automatically detecting abnormal heart and lung patterns. In regions with limited access to healthcare, AiSteth can truly be a game-changer in bridging gaps and providing essential screening services to remote populations. Their mission aligns with the public health focus we’re trying to develop at Rainmatter Health, and we’re happy to support them in their journey as they enhance healthcare delivery in India and beyond. Here's a note from the founders of AI Health Highway:

A few highlights from FY2023/24 Zerodha. For years now, I'd been talking about regulatory risk in running a brokerage, and this was the year when all the risks materialized at the same time. We had plenty of positives. Content Today, we have some of the best content on all things stock market with Zerodha Varsity videos, Varsity Live, Zero1, Markets by Zerodha and more. All this is not just in English but also Hindi. We are working on more languages. Customer trust Our customers hold over Rs 5.66 lakh crores with us (in their demats) and are sitting on over Rs 1 lakh crore of unrealized gains. Financials Rs 4700 crore of profits. Our networth is over 40% of customer funds, which makes us among the safest brokers, not just in India but in the world. Risks As I alluded to in the beginning, many of the regulatory changes we were anticipating have come to pass. The True to Label circular, SEBI consultation paper on index derivatives, STT going up, annual maintenance charges impacted due to increased BSDA limits, and hit to our partner/referral business. Along with this, there's never been more competition in the broking space. Then there's the ever-present threat of markets going down. This perfect storm means big hits to the business. The best for the Indian broking industry may well be behind us. Pivot The goal now is to pivot and reduce the reliance on F&O for revenue. So we will be launching margin trade funding (MTF), public market investments, private market investments through Rainmatter by Zerodha, loans against security with Zerodha Capital, Zerodha Fund House JV with smallcase, Ditto Insurance JV with @finshots and more. Check out the full post in the comments.