One97 Communications Limited
The vanguard of India's transition to digital payments for everyday expenses, Paytm has since expanded its services to include bill payments, ticket purchases, e-commerce, payment banking and most recently, wealth management.
Paytm is funded by several prominent firms including Softbank, SAIF Partners, Alibaba Group and Berkshire Hathaway. The Paytm app almost ubiquitous in the market and its broad array of services makes it a potent bet in the digital India theme.
Private Assets are a different breed of investments, here's what you need to know
How do I invest in Private Assets?
You can invest in the stocks fit for your portfolio and risk appetite by directly purchasing them from Minance.
Where are my stocks held?
Your stocks are held in your CDSL or NSDL demat accounts. If you don't have one, we will help you open it.
Will you help me choose the right stock for my portfolio?
Yes, our investment managers will be happy to help you choose the right stocks and purchase them.
What is the minimum amount I need to invest?
The minimum amount need to invest in a single firm is ₹50,000. To invest in a diversified portfolio, the minimum investment needed is ₹1,00,000
How do I track the performance of my investments?
While prices of unlisted stocks do not change frequently, your dashboard shows the latest going price.
Will you help me sell my unlisted stocks?
Yes, Minance will help you find a buyer however, we do not guarantee the same. Note that you are also free to sell these shares on your own.
Does Minance charge me a fee for selling these shares?
No, we make our money by purchasing shares early on and selling them when the valuations rise.
How and when are unlisted stocks taxed?
Unlisted stocks are taxed as short or long term capital gains and enjoy indexation benefit. To know more, please click here.