PeepalCo

2024 has been a year of building, shipping and stabilizing! We had some incredible launches both on @CoinSwitch – our crypto business and @LemonnHQ – our stocks and mutual funds business. Can't wait for 2025!

Thank you for your valuable time on a Sunday. It was a pleasure discussing the @CoinSwitch & @LemonnHQ journey, emerging blockchain use cases and evolving Web3 regulations in India and globally. Deeply value your sharp insights.

Privileged to represent @PeepalCo at the 2024 Asia/Pacific Group On Money Laundering (APG) Typologies Workshop in Kuala Lumpur. This year's workshop includes two streams-- abuse of legal persons and cyber-enabled fraud/scams. Had a good interaction with APG co-chair and Japan's Deputy Vice Minister of Finance for International Affairs, Mitsutoshi Kajikawa, representatives from 42 APG group countries including senior officials from India's Home Ministry, Ministry of Corporate Affairs and FIU-IND. @HMOIndia, @MCA21India, @FinMinIndia, @FATFNews

I don't care much for material possessions but today I have everything I could ask for and more. I'm very grateful for everything that life has thrown at me. My journey — growing up in Meerut with all the money struggles that come with being born in a middle-class family in India — motivates me to wake up every day and work on tools to democratize investing and wealth creation.

Setting the foundations right! Happy to announce that @PeepalCo which houses @LemonnHQ and @CoinSwitch is now ISO 27001 certified, an international standard for managing information security. Being ISO/IEC 27001 certified is more than compliance for us. It’s a commitment to quality, meeting customer trust and confidence, and aligning with global standards. This certification is a stamp of approval, verifying that our internal systems meet internationally recognized standards and confirming our efficiency while setting the highest global benchmarks, fostering a culture of continuous improvement. Our team worked hard through rigorous audits of our policies, systems, and processes. Together, we've set a strong foundation for the future. This is a start, and moving forward, we will continue to uphold these compliance standards in every step.

Happy to attend the breakfast meeting of Bengaluru Tech Summit chaired by Hon'ble CM @siddaramaiah, DCM @DKShivakumar and the dynamic IT Minister @PriyankKharge and interact with industry leaders. Pleased to hear the Government of Karnataka's continued support of startups and the blockchain ecosystem to keep the state at the forefront of technological innovation. @blrtechsummit @ITBTGoK

“We’re planning to launch a stock investing app”, I told my father-in-law in 2021. He said he’ll shift his portfolio to us on the day we launch. No pressure! It’s been a long wait for him and us because we wanted to do everything by the book. But today is that day! Today we’re announcing @LemonnHQ to simplify discovery and decision-making for stock investors. Despite massive digitization, only about 6% of Indians invest in stocks. At @PeepalCo, our mission is to Make Money Equal For All. To that end, Lemonn has been designed to help users diversify their portfolio, and participate in India's growth story. What’s special about Lemonn? - Trade at Zero Cost: Zero-trading brokerage for 3 months, and zero fees for account opening - Invest in Ideas: Curated industry-based stock offering - Jargons Explained: A detailed glossary explaining all financial and market-related terms Lemonn marks PeepalCo's expansion into stock broking and will be housed as a separate business division with its own managing and operations teams, led by Devam Sardana! Our team has worked hard to bring this to life and we hope you like the experience. Do send in your comments and feedback, we’re listening. Check out the app here: bit.ly/4cRhSH8

📢 Celebrating National Startup Day! 🚀 🇮🇳 India's entrepreneurial spirit and technological know-how are the engines powering us.... We are rapidly climbing the GDP ladder and are today a benchmark for leveraging tech to benefit billions. At @PeepalCo, we're proud to be contributing to this growth story, and through our ventures arm, @CoinSwitch Ventures, we support the next phase of this digital revolution: #Web3 ! 🤝 We have partnered 16+ #startups building powerful solutions in Web3 Infrastructure, real-world asset tokenization, institutional crypto adoption, and more. With a $10m pool and strategic partnerships with over 150+ Global VC funds, we're committed to accelerating the Web3 ambitions. 🌐 Here are 6 promising projects we're backing for the long term: 1️⃣ @Polytrade_fin: Launching a marketplace for tokenized #RWAs, set to be the "OpenSea for RWAs"! @PG_inDefi 2️⃣ @airstack_xyz: Building the Google for blockchain data and analytics, already reaching over 1 billion API calls per month! @betashop 3️⃣ @silencelabs_: Pioneers in Multi-Party Computation, trusted partners for leading #Web3 wallets and custodians. They got some big announcements coming soon! @jaysprakash 4️⃣ @pyorxyz : Providing high-fidelity research on digital assets, empowering institutional capital to make informed investments. @NairSharan @PositiveGamma 5️⃣ @bitsCrunch: Safeguarding #NFT investors with advanced data analytics & forensics. Ensuring a safer ecosystem for all! @VijayPravinM 6️⃣ @BlockScholes: Leading the way in crypto derivatives and structured products with top-notch analytics and quant models. Partnered with Deribit and Lyra! Stay tuned for more updates as we continue to drive the Made in India Web3 revolution! 🇮🇳💻 @Parth4vedi #NationalStartupDay #Web3 #Innovation #MadeInIndia

Why the name PeepalCo? Have you ever marveled at the majestic peepal tree? Its deep roots reach far into the earth, and its branches spread wide to offer shade—come rain, sun, or winter. Peepal tree is resilient against even the harshest elements, and provides a peace of mind to those under its shade. 💡These qualities inspire us at @PeepalCo. PeepalCo will be a canopy of tailor-made wealth-tech products. Under its shade, millions of Indians will find the peace of mind that their investments are secure—no matter the economic climate. Our foundations are strong and resilient to enable us to grow tall and wide. This is @PeepalCo!

2/2 To that end, today we are establishing a new corporate brand, @PeepalCo PeepalCo is a canopy housing a collection of brands, all built to the purpose of Making Money Equal for All. The largest of our brands, @CoinSwitch, will be housed under PeepalCo, so will our forays into other asset classes The brand restructuring will enable us to prosper through strong independent brands, each laser-focussed on innovating and going deeper into its domain. We believe, the distinct brand identities is the path to take to serve a nation as rich and vibrant as India. As we embark on this exciting journey, we will assume group-level leadership roles at PeepalCo Group: I'll assume the role of Group CEO, Vimal as Group COO, and Govind as Group CTO. Each business segment will be led by their independent business heads. The journey ahead is ambitious and challenging; together we can grow @PeepalCo group to provide the financial shade for the billions in India. Sincerely, Ashish, Vimal and Govind peepal.co

📢 An important milestone: (1/2) Six years ago, we planted a small seed—an app to uncomplicate crypto investing for everyday users. Investors ourselves, we knew the hoops and loops one had to navigate for what should have been an intuitive process. We watered it, transplanted it, and watched it grow to become @CoinSwitch, serving over 19 million Indians in their crypto investing journey. We were getting closer to our mission of Making Money Equal for All. Closer, but still many miles to go. What we set about doing is no easy task: Democratizing wealth creation for a nation of over 1.4 billion people demands relentless innovation and persistence. We have to replicate our success, over and over again…within crypto and beyond.