Finhaat, a financial product delivery platform, has launched new tech-enabled wealth management platform Finhaat Wealth. The platform is designed to simplify the wealth distribution process and cater to the growing demand for financial products among aspirational Indians.

It offers a variety of investment options, including mutual funds and digital gold, targeting both distributors and end users.

Finhaat Wealth’s primary goal in its first year is planning to onboard 2,000 distributors across India. The platform focuses on providing a seamless experience for distributors, with easy digital onboarding, KYC verification, and redemption processes.

Additionally, it offers 24/7 digital support, comprehensive training, and certification to help first-time distributors navigate the financial markets confidently.

Finhaat Wealth also has expansion plans. In its first year, the platform seeks to reach 10% of India’s pin-codes, with a goal of onboarding 100,000 clients.

By the third year, the company aims to expand its reach to 50% of pin-codes, serving 2 million clients and empowering over 20,000 distributors.

Commenting on the launch, Vinod Singh, Co-Founder and CEO of Finhaat, stated, “With Finhaat Wealth, we are creating an assisted digital platform that, in partnership with a network of micro-entrepreneur distributors, delivers wealth management solutions that are simple, accessible, and tailored for aspirational India.”