Candidature YC de Easyplan
Easyplan a été sélectionné par Y Combinator dans le cadre du batch Winter 2020 en tant qu'entreprise Fintech. Ci-dessous : ce que fait l'entreprise, qui l'a fondée, et sa candidature à YC, reconstruite question par question dans le vrai formulaire YC.
- Batch YC
- Winter 2020
- Secteur d'activité
- FintechAsset Management
- Taille de l'équipe
- 8
- Statut
- Inactive
- Lancé
- 2020
Fondateurs
Sanjay GandhiFounder
Manisha PanditaFounder
Ce que fait 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.
Candidature YC de Easyplan, reconstruite
Candidature Y Combinator
Easyplan, promotion Winter 2020. Les vraies questions de candidature, répondues à partir de données publiques.
- 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 réponses supplémentaires dans la candidature complète
se trouvent dans la version complète. Créez un compte gratuit pour l'ouvrir dans YC Insights, à côté de tous les autres batches YC.
Questions fréquemment posées
Est-ce la vraie candidature YC de Easyplan ?
Non. Y Combinator garde les candidatures soumises privées. Ceci est une reconstruction : les vraies questions du formulaire YC, répondues à partir des données publiques de Easyplan (notes de lancement, parcours des fondateurs, description du produit). Cela montre comment une entreprise comme Easyplan se présenterait à YC, pas le texte qu'ils ont soumis.
À quel batch YC Easyplan appartenait-il ?
Easyplan faisait partie du batch Winter 2020 de Y Combinator.
Qui a fondé Easyplan ?
Easyplan a été fondé par Sanjay Gandhi, Manisha Pandita.
Que fait Easyplan ?
An AI-driven investment app for beginner investors in India
Comment lire la candidature complète reconstruite ?
Créez un compte Round Funded gratuit. La version complète de la candidature de Easyplan en 26 réponses, et de chaque autre promotion YC, se trouve dans YC Insights.
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