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TrakInvest joins hands with Andhra Govt. for creating jobs for youth

Business Finance


TrakInvest, the world's first virtual social trading platform and a Singapore headquartered Ed-tech/Fin-tech firm has joined hands with the Andhra Pradesh government and Fintech Valley in Vizag to educate and create jobs for the youth across the state.

TrakInvest will train students in stock market investing through practical training modules where users will learn by trading with real stocks and virtual money. The students earn a certificate and a job when they showcase a positive portfolio performance by trading real time on the TrakInvest platform.

TrakInvest platform will also launch sophisticated, Institutional Grade AI tools to deliver real time social trading signals and data insights to its users on the platform. These tools will help users to learn stock investing and spot opportunities faster as compared to other available learning platforms.

As a part of its overall training experience, TrakInvest will host and bring together industry professionals and academia for classroom training sessions for the students enrolled. For this, TrakInvest will build a Centre of Excellence at the Fintech Valley in Vizag.

The Fintech Valley in Vizag is an initiative of the Andhra Pradesh government and is a self-sustainable global Fintech ecosystem that focuses on converging finance and technology to create large avenues of growth through industry-enablers, world-class infrastructure, entrepreneurship and innovation.

Minister for IT, Panchayati Raj and Rural Development, Nara Lokesh said, "Fintech Valley is a platform to bring pioneers and enablers of innovation including entrepreneurs, investors, and mentors together on a single platform. TrakInvest is the perfect fit for this initiative with its product, team, technology and associations with the global fintech ecosystem. TrakInvest will work with us on a combined vision to provide job opportunities for the youth across the state".

As a part of this initiative, TrakInvest will also lead the efforts to facilitate strategic partnerships with other key stakeholders of the Fintech ecosystem across the world.

A delegation comprising of Nara Lokesh, Special Chief Secretary and IT Advisor to Chief Minister, Government of Andhra Pradesh, J. A. Chowdary and Founder and CEO, TrakInvest, Bobby Bhatia is headed to San Francisco to on-board new partners for the Fintech Valley in Vizag.

Bobby Bhatia, Founder and CEO, TrakInvest said, "It's great to see that state governments in India are taking proactive steps to create employability for the young millennial. We are happy to bring our partner fintech companies to contribute to this noble cause at the Fintech Valley at Vizag".

TrakInvest is a virtual equity stock market trading platform with social features where users can learn and practise stock trading across 10 stock exchanges, share investment ideas with their peers and earn real money when they get tracked because of their good investment returns.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, February 20 2018. 06:16 IST