OpenWorld Money to launch in December, aims Rs 1,000 crore business volume

MUMBAI: Financial services player OpenWorld Money, planning to launch operations early next month, is looking at a business volume of Rs 1,000 crore and bringing a million customers into its fold within five years.

"We expect business volumes of Rs 1,000 crore within the first five years of operations. By March 2015, we intend to move to mobility solutions for advisors and follow it with a customer version too. Our aim is to touch over a million customers over the next three-five year ..

Read more at:
http://economictimes.indiatimes.com/articleshow/45165574.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

 

MUMBAI: Financial services player OpenWorld Money, planning to launch operations early next month, is looking at a business volume of Rs 1,000 crore and bringing a million customers into its fold within five years.

"We expect business volumes of Rs 1,000 crore within the first five years of operations. By March 2015, we intend to move to mobility solutions for advisors and follow it with a customer version too. Our aim is to touch over a million customers over the next three-five year ..

Comment: We are talking to key VCs and it will be a substantial investment. But naturally, it won't be as big as a brick and mortar company because it is a digital platform

pradeep shukla

pgdm-3sem 

MUMBAI: Financial services player OpenWorld Money, planning to launch operations early next month, is looking at a business volume of Rs 1,000 crore and bringing a million customers into its fold within five years.

"We expect business volumes of Rs 1,000 crore within the first five years of operations. By March 2015, we intend to move to mobility solutions for advisors and follow it with a customer version too. Our aim is to touch over a million customers over the next three-five year ..

Read more at:
http://economictimes.indiatimes.com/articleshow/45165574.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

MUMBAI: Financial services player OpenWorld Money, planning to launch operations early next month, is looking at a business volume of Rs 1,000 crore and bringing a million customers into its fold within five years.

"We expect business volumes of Rs 1,000 crore within the first five years of operations. By March 2015, we intend to move to mobility solutions for advisors and follow it with a customer version too. Our aim is to touch over a million customers over the next three-five year ..

Comment: We are talking to key VCs and it will be a substantial investment. But naturally, it won't be as big as a brick and mortar company because it is a digital platform

MUMBAI: Financial services player OpenWorld Money, planning to launch operations early next month, is looking at a business volume of Rs 1,000 crore and bringing a million customers into its fold within five years.

"We expect business volumes of Rs 1,000 crore within the first five years of operations. By March 2015, we intend to move to mobility solutions for advisors and follow it with a customer version too. Our aim is to touch over a million customers over the next three-five year ..

Comment: We are talking to key VCs and it will be a substantial investment. But naturally, it won't be as big as a brick and mortar company because it is a digital platform

MUMBAI: Financial services player OpenWorld Money, planning to launch operations early next month, is looking at a business volume of Rs 1,000 crore and bringing a million customers into its fold within five years.

"We expect business volumes of Rs 1,000 crore within the first five years of operations. By March 2015, we intend to move to mobility solutions for advisors and follow it with a customer version too. Our aim is to touch over a million customers over the next three-five year ..

Comment: We are talking to key VCs and it will be a substantial investment. But naturally, it won't be as big as a brick and mortar company because it is a digital platform