Even as hundreds of millions of people in India have a bank account, only a tiny fraction of this population invests in any financial instrument. Fewer than 30 million people invest in mutual funds or stocks, for instance. In recent years, a handful of startups have made it easier for users — especially the millennials — to invest, but the figure has largely remained stagnant. Now, an Indian startup believes that it has found the solution to tackle this challenge — and is already seeing good early traction. Nishchay AG,…
