Easyplan YC-Bewerbung
Easyplan durchlief Y Combinator im Winter 2020-Batch als ein Fintech-Unternehmen. Unten: Was das Unternehmen tut, wer es gegründet hat und seine Bewerbung bei YC, Frage für Frage im echten YC-Formular rekonstruiert.
- YC-Batch
- Winter 2020
- Branche
- FintechAsset Management
- Teamgröße
- 8
- Status
- Inactive
- Gestartet
- 2020
Gründer
Sanjay GandhiFounder
Manisha PanditaFounder
Was Easyplan tut
Easyplan is an investment app for beginner investors in India (kind of a cross between Betterment and Qapital in the US). We also provide users with a credit card secured by their investments. We launched with money market funds and have ~40,000 customers who’ve invested (~40% MoM growth). The pandemic spurred interest among new investors, and our AUM has grown 3x since April 2020. And we’ve done this with a cost of acquisition that is 10% of the industry average. Here’s the problem we see. Only 10% of the 100 million middle-income Indian workers have invested in the markets. This is despite the fact that they save ~30% of their income, making this a $325B potential market in assets under management. However, current investment apps in India are built for active investors. With over 16,000+ mutual funds and 5000+ stocks to choose from, they are far too complicated for beginners, who make up most of the market. We’re building an AI - driven investment planning software that is designed for beginners. Users use our conversational AI to get diversified mutual fund portfolios tailored to their goals. We also offer users a credit card secured by their investments, so they can earn return without losing liquidity. In terms of business model, we make commissions on the asset we manage, and interchange fees on the fund. We estimate we can make $12 per user per year, which is 6x our current acquisition cost of $2 per investor.
Easyplans YC-Bewerbung, rekonstruiert
Y Combinator Bewerbung
Easyplan, Winter 2020 Batch. Die echten Fragen des Antrags, beantwortet aus öffentlichen Daten.
- Founders2
- Company7
- Progress7
- Idea4
- Equity3
- Curious2
- Batch Preference1
Company
Easyplan
AI-driven investment app for beginner Indian investors
We built an AI-powered investment app targeting beginner investors in India. It simplifies choosing among thousands of mutual funds and stocks by using conversational AI to tailor diversified portfolios based on users' goals. We also offer a credit card secured by their investments, letting users earn returns without losing liquidity.
We live and operate out of Maharashtra, India, and the company would continue being based here after YC.
Our user base is in India, especially among middle-income earners. Being in Maharashtra lets us stay close to our market and manage a distributed team while connecting with India's growing fintech ecosystem.
21 weitere Antworten in der vollständigen Bewerbung
Founders, Progress, Idea, Equity, Curious, Batch Preference sind in der Vollversion. Erstelle ein kostenloses Konto, um es in YC Insights neben jedem anderen YC-Batch zu öffnen.
Häufig gestellte Fragen
Ist das die echte YC-Bewerbung von Easyplan?
Nein. Y Combinator hält eingereichte Bewerbungen privat. Dies ist eine Rekonstruktion: die echten Fragen des YC-Formulars, beantwortet aus den öffentlichen Daten von Easyplan (Veröffentlichungsnotizen, Gründerhintergründe, Produktbeschreibung). Sie zeigt, wie sich ein Unternehmen wie Easyplan bei YC präsentieren würde, nicht den Text, den sie eingereicht haben.
In welchem YC-Batch war Easyplan?
Easyplan war Teil des Y Combinator Winter 2020-Batches.
Wer hat Easyplan gegründet?
Easyplan wurde von Sanjay Gandhi, Manisha Pandita gegründet.
Was macht Easyplan?
An AI-driven investment app for beginner investors in India
Wie lese ich die vollständige, rekonstruierte Bewerbung?
Erstelle ein kostenloses Round Funded Konto. Die vollständige 26-Antwort-Version der Bewerbung von Easyplan, und jede andere YC-Kohorte, findest du in YC Insights.
Weitere YC Startups wie Easyplan
