BondsIndia.com completes 10K trades, crosses 1 L customers

Mumbai, Jan 14 BondsIndia.com, India's first and one of the fastest growing online bonds platforms has completed 10,000 online trades with more than Rs 3,000 crore turnover. The platform has more than 1,00,000 registered customers and seen approx. 15% retail participation. BondsIndia is bootstrapped and is also the first online debt platform to have license since day one of the operations i.e. 10th September 2021. From day one, BondsIndia.com is providing a fair and transparent, fully integrated e-business platform for hassle free buying and selling of Fixed Income securities that uses a unique technology driven model to simplify the complex beats of fixed income securities for retail investors, banks, corporate and others.

Ankit Gupta, Founder, BondsIndia.com said, "These numbers are the testimony to our transparent and fair practices. What started as a business idea and a small team of 3 is now a full grown entity of 100+ people thriving and making our presence in the bonds market of India.

BondsIndia always believed in working under regulated system so didn't wait for the guidelines and acquired the exchange membership from the day one of the operations, becoming first online debt platform of India to receive the license. Considering today's situation where in other players are struggling to follow guidelines and comply with current mandates, we have our backend ready for new guidelines."

Ankit further added, "We further wish to streamline and democratize fixed-income investments for the diverse populace. Our focus for this year is more retail participation as they don't have access to many financial investment options and also enable financial inclusion for all income category staying in 3 and 4 tier cities through reasonable and objective guidance."

On this development, Puneet Aggarwal, Founder, BondsIndia.com said,

"We are using cutting edge technology and innovation to bring complete

transparency for investors with real-time insights and price

discovery. Our AI based platform provides direct trade option for

bonds, fixed income securities such as 54EC bonds, fixed deposits, and

IPO which has helped in getting wider retail participation. Our

awareness programmes are helping us disrupting bonds market and

streamlining fixed investments for the diverse participants across

India."

BondsIndia is having tech integration with Indian Clearing Corporation

Limited (ICCL) and BSE to provide real time online trade settlement

i.e. no counterparty risk is involved. Bonds India has eased the

access to India's largest library of Bonds listed on SEBI for the

potential online trade and proud to be India's first Debt broking

licence holder certified by SEBI. The company is all compliances

approved platform where KYC happens directly by the exchange through

Pan and Aadhar numbers i.e. no need to upload any documents for

approval.