Aplicación YC de Easyplan
Easyplan pasó por Y Combinator en el batch Winter 2020 como una empresa de Fintech. Abajo: qué hace la empresa, quién la fundó y su aplicación a YC, reconstruida pregunta por pregunta en el formulario real de YC.
- Batch YC
- Winter 2020
- Industria
- FintechAsset Management
- Tamaño del equipo
- 8
- Estado
- Inactive
- Lanzado
- 2020
Fundadores
Sanjay GandhiFounder
Manisha PanditaFounder
Lo que hace Easyplan
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.
Aplicación YC de Easyplan, reconstruida
Solicitud de Y Combinator
Easyplan, batch Winter 2020. Las preguntas reales del formulario, respondidas con datos públicos.
- 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 respuestas más en la aplicación completa
están en la versión completa. Crea una cuenta gratuita para abrirla en YC Insights, junto a cada otro batch de YC.
Preguntas Frecuentes
¿Es esta la aplicación YC real de Easyplan?
No. Y Combinator mantiene privadas las aplicaciones enviadas. Esta es una reconstrucción: las preguntas reales del formulario de YC, respondidas a partir de los datos públicos de Easyplan (notas de lanzamiento, antecedentes de fundadores, descripción del producto). Muestra cómo una empresa como Easyplan se presentaría a YC, no el texto que enviaron.
¿En qué batch de YC estuvo Easyplan?
Easyplan formó parte del batch Winter 2020 de Y Combinator.
¿Quién fundó Easyplan?
Easyplan fue fundado por Sanjay Gandhi, Manisha Pandita.
¿A qué se dedica Easyplan?
An AI-driven investment app for beginner investors in India
¿Cómo leo la aplicación completa reconstruida?
Crea una cuenta gratuita de Round Funded. La versión completa de 26 respuestas de la aplicación de Easyplan, y de cada otro batch de YC, está en YC Insights.
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