Koshex

Discover the power of investing early with the Koshex App. Investing means managing money smartly & planning from today for every day.

Website Industry Technology, Information and Internet Company size 11-50 employees Headquarters Bengaluru Type Privately Held Specialties fintech, wealthtech, personalfinance, and H

Primary

Bengaluru, IN

Koshex (YC-S21)

Y Combinator

Koshex (YC-S21) has raised $2.1 million to solve personal finance for the 400M Indian Millennials, with a hyper-personalized investment solution. Founded in 2021, by Komal Kumar G. and Akash Agrawal, Koshex helps users manage their finances by providing services like budgeting, expense tracking, and customized investment solutions. In just the last 6 months, Koshex has seen 85% month-on-month growth and currently has ~400,000 registered users. "Koshex will help enhance the lifestyle of young people by enforcing good financial habits and helping them achieve their financial goals," Akash said. Congrats on the round, Komal, Akash and the entire team at Koshex (YC-S21)

WPI Inflation Hits 4-Month Low, But Check Out These Price Surges📉 🏛️India’s Wholesale Price Index (WPI)-based inflation cooled to a 4-month low of 1.31% in August, down from 2.04% in July, according to the Ministry of Commerce and Industry. 🏛️The dip in inflation was largely driven by lower prices of manufactured products and food items. Despite the decline, prices of key food articles showed mixed trends. 🏛️Cereals (8.44%), paddy (9.12%), and pulses (18.57%) saw notable reductions. 🏛️Even onions, notorious for price spikes, decelerated slightly, though inflation remained in double digits (65.75%). 🏛️However, the prices of potatoes (77.96%) and fruits (16.7%) shot up, adding heat to your grocery bills! #business #investing

New NPS Scheme Alert: Start Securing Your Kid’s Future for Just ₹500 a Month💸 📌Finance Minister Nirmala Sitharaman is set to unveil the NPS-Vatsalya scheme on September 18, as reported by Business Standard. 📌NPS-Vatsalya allows parents and guardians to contribute towards a secure financial future for minors. 📌Once the child reaches adulthood, the plan effortlessly transitions into a regular NPS account. 📌The scheme is open to all parents and guardians, including Indian citizens, NRIs, and OCIs, enabling them to open an NPS-Vatsalya account for their children. 📌Parents can begin with a monthly contribution as low as ₹500 or an annual contribution of ₹6,000. #business #investment

From ₹6 to $10 Billion: IHCL's Unstoppable Journey in Indian Hospitality🏨🚀 Indian Hotels Company Limited (IHCL) has become the first Indian hospitality company to cross a market capitalisation of $10 billion. With a portfolio spanning 340 hotels across its four iconic brands—Taj, SeleQtions, Vivanta, and Gateway—IHCL’s rise has been nothing short of extraordinary. It all began in 1903 with a humble daily tariff of just ₹6 at its first property in Bombay. While the Indian hospitality sector is booming, largely fuelled by domestic travel, international tourism is still catching up to pre-pandemic levels. However, the return of grounded aircraft and expanding airline capacity hint at even more growth on the horizon. IHCL’s achievement not only marks a proud moment for the company but also underscores the vast potential of the Indian hospitality industry to drive economic growth and generate employment opportunities. From humble beginnings to a $10 billion milestone—IHCL is setting new standards in luxury and growth. #business #investing