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Cleartax to foray into stock broking, wealth management services


Cleartax to foray into stock broking, wealth management services
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Cleartax plans to pump Rs 100 crore into developing and promoting its new app Black, which will double up as both tax management and investment platform for retail customers.
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Cleartax CEO Archit Gupta. Cleartax will now directly compete against fintech firms such as of Zerodha, Upstox and Paytm Money as well as Motilal Oswal and ICICI Securities.
Mumbai: Tax management platform Cleartax will foray into stock broking and wealth management services, eyeing a share of India’s fast-growing retail investment market that has seen a huge influx of first-time traders amid the Covid-19 pandemic. ....

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