Trading platform Trinkerr raises $6.6 million in Series-A funding.

• ByStartupStory     |    December 10, 2021

Social trading platform Trinkerr has raised a funding of $6.6 million in a Series-A funding round led by Accel India.The key investors in Trinkerr include, India Quotient and Titan Capital, as well as marquee angel investors like Sujeet Kumar of Udaan, Kunal Shah of Cred, Gaurav Munjal and Roman Saini of Unacademy, and Lalit Keshre and Harsh Jain of Groww. The Bengaluru based startup has raised over $8 million until now. 

Founded by Manvendra Singh and Gaurav Agarwal, Trinkerr enables retail investors to not just follow relevant expert traders but also emulate their portfolios and earn similar returns. “We are building an enabled and empowered community of first-time and expert stock market investors”, says Manvendra.

Social trading allows investors to observe the trading behaviour of expert investors as well as their peers to build and/or grow their own portfolio. While social trading as a concept has started picking up recently in India, it is an established investment practice globally. Manvendra said in a statement, “However with little or no understanding of the equity market, most of the new investors are left to unverified advisory on social media platforms. After the proliferation of smartphones and with the rise of the age of discount brokers, the barriers to access financial markets have been torn down. But the real problem for a retail investor remains unsolved – which is not Why to trade but What to trade,” explains Manvendra.”

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