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February 25, 2021
File photo - William Potter×
Entrepreneurs launched more investment tech start-ups in 2020, after the lockdown forced people to look for investments that could be done conveniently from home.
According to Tracxn, this increase in the number of new start-ups in the investment tech space is in contrast to the scenario in the fin-tech segment and the overall Indian tech start-up space, where the number of start-ups founded in 2020 was the lowest in the last six years.
Investment tech start-ups are a subset of fintech start-ups, including all companies that provide software tools and solutions to facilitate investing. They also include companies that provide financial data and related analytics.