ANI
25 Jan 2022, 17:55 GMT+10
Indore (Madhya Pradesh) [India], January 25 (ANI/BusinessWire India):This will help small and medium-sized businesses get a consolidated, analytical view of their business transactions along with the ability to invest their idle cash and find tax-saving opportunities.
Vinita and Nilesh, co-founders of Systango, a mid-cap web and mobile development boutique headquartered in London, UK, faced a lot of challenges to find the best investment options to grow their idle cash. They were able to stay on top of cash flow with accounting software, but there was still no way to get insights on how to grow the surplus.
Vinita firmly believes that technology is the solution to modern business problems and thought of coming up with a tech-based solution that can help small-scale businesses like hers invest their idle business cash. Vinita's profound expertise in the tech, investment, and stock market along with Nilesh's experience in cash flow management and financial planning enabled the two to come up with "Shootih" - India's first-ever business wealth management platform.
Shootih, which means "prosperity" or "growth" in Sanskrit, provides businesses with AI-based insights and the ability to invest in mutual funds in a single click without the need for any brokers or repetitive paperwork.
Vinita says "We strongly believe that the market opportunity for such a fintech product is vast. The tool will enable small business owners to focus on what really matters (taking the business to the desired heights) and avoid distractions (caused by manual cash management processes)." Who does not want to make money without getting distracted?This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)
Get a daily dose of Japan Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Japan Herald.
More InformationWASHINGTON D.C.: The Biden administration is expected to approve a deal allowing General Electric to assemble jet engines in India ...
TAIPEI, Taiwan: Taiwan and the United States are set to sign the first deal under a new trade framework, marking ...
TOKYO, Japan: To counter the declining national birthrate, Japan's Prime Minister Fumio Kishida pledged to double spending over the next ...
PYONGYANG, North Korea: North Korea attempt failed to launch a satellite on May 31, which prompted raid sirens and a ...
HONG KONG, China: Describing the lack of women in China's top leadership as concerning, the United Nations has recommended the ...
BEIJING, China: Amid its rivalry with the US for reaching new milestones in space, reflecting their competition for global influence, ...
NEW YORK, New York - U.S. stocks were divided on Wednesday, with the technology and industrial sectors parting ways.Tech stocks ...
HOLLYWOOD, California: More than tripling the debut of its 2018 animated original predecessor, Sony Pictures' "Spider-Man: Across the Spider-Verse" opened ...
PARIS, France: European plane manufacturer Airbus is reported to be close to a record agreement to sell 500 narrow-body jets ...
TRAVERSE CITY, Michigan: DuPont, Chemours and Corteva have reached an agreement to pay $1.18 billion to resolve complaints of causing ...
NEW YORK, New York - U.S. stocks were directionless Tuesday as investors had little to digest ahead of next week's ...
MENLO PARK, California: Facebook parent Meta has said that under a trial that could last through the end of June, ...