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We've spoken about Rainmatter in bits and pieces, but we just realized we had never shared the backstory😀
So, a little about why we started Rainmatter, what we are trying to do and the awesome startups we've partnered with.
https://t.co/bXj5SghP6T
1/23
Back in 2016, when we started Rainmatter, there were just about 70-80 lakh Indians who invested at least once a year. With @zerodhaonline, we had solved the problem of a superior execution experience with Kite.
But the bigger problem was that the market was too shallow.
2/23
We also realized that we can only do so much on our own to expand the pie.
When we built Kite, we first built out a set of APIs called Kite Connect (https://t.co/3weCdsOviP) on top of which Kite was built.
3/23
So we figured we could open them up to startups who were building experiences around capital markets that could potentially expand the markets. Because it didn't make sense for them to build execution from scratch given that we had solved it.
4/23
Around this time, @Nithin0dha and Kailash (K) were at a cloud conference, and the Chief Of Cloud of a company was speaking. 5/23
So, a little about why we started Rainmatter, what we are trying to do and the awesome startups we've partnered with.
https://t.co/bXj5SghP6T
1/23
Back in 2016, when we started Rainmatter, there were just about 70-80 lakh Indians who invested at least once a year. With @zerodhaonline, we had solved the problem of a superior execution experience with Kite.
But the bigger problem was that the market was too shallow.
2/23
We also realized that we can only do so much on our own to expand the pie.
When we built Kite, we first built out a set of APIs called Kite Connect (https://t.co/3weCdsOviP) on top of which Kite was built.
3/23
So we figured we could open them up to startups who were building experiences around capital markets that could potentially expand the markets. Because it didn't make sense for them to build execution from scratch given that we had solved it.
4/23
Around this time, @Nithin0dha and Kailash (K) were at a cloud conference, and the Chief Of Cloud of a company was speaking. 5/23