Religare Broking joins Vested Finance to launch foreign equities investment on its platform


Religare Broking joins Vested Finance to launch foreign equities investment on its platform

Religare Broking announces the partnership with Vested Finance. With this collaboration Religare eyes to introduce foreign stock markets on its broking platform. Furthermore, the firm’s clients could diversify their portfolio with international stocks.

This partnership would enable Religare investors to directly invest in US stocks that they consume on a regular basis including Apple, Amazon, Netflix, Facebook, etc. Additionally, over one million customers of Religare could enjoy the benefits of geographical diversification and safeguard their portfolios from a single currency risk.

Among other details, Religare states that along with Vested Finance, it will provide Indian investors an exposure to the US stock market which captures over 50 percent of the global equity value via multiple investment instruments like stocks, ETFs, and curated investment portfolios called Vests.

Gurpreet Sidana, COO, Religare Broking says, "There is a clear interest and demand for international equities as Indian investors look for avenues to diversify their portfolios and take advantage of the burgeoning international stock markets. Besides, we live in an age where investors are increasingly aware of global brands in exciting sectors including new-age businesses, technology and healthcare. With Vested, investors can also look at ready portfolios and research that can help them make an informed decision.”

Through the vests, investors can begin their investment in fractional shares with as low as $1. The entire process involves digital on-boarding, commission-free investing, seamless USD deposits and easy withdrawals.

Vested Finance is an online investment platform that enables Indian investors to invest in the US stock market in a smooth and hassle-free manner. Through Vests, investors can invest in themes like SaaS, Digital Cash, All Weather Portfolios and across multiple asset classes depending on investors’ risk profile.

Viram Shah, co-founder, Vested Finance says, "At Vested, we believe that global investing is truly a need rather than a choice and we are excited to partner with Religare to make the world’s largest market accessible to Indian investors. There is growing awareness among Indian investors to diversify their portfolio internationally. It has never been easier to access the global markets from India. At Vested, our mission is to enable sustainable wealth creation by enabling these investors to go global."