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Lead Market Clocks Revenue Run Rate of Rs 12 Crore


News provided by

Suvision Holdings Pvt Ltd (Indianmoney.com)

26 Apr, 2016, 11:34 IST

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BANGALORE, April 26,2016 /PRNewswire/ --

Lead Market, India's largest market place of prequalified leads for financial services, has reported a revenue run rate of Rs 12 crore as on March 2016. Lead Market has on boarded over 16,000 financial and real estate intermediaries on its platform within 6 months since its launch.

     (Logo: http://photos.prnewswire.com/prnh/20160426/10144787 )

With the launch of Lead Market, Suvision Holdings Pvt. Ltd. (parent company of Lead Market) is building India's largest financial intermediaries aggregation platform. While IndianMoney.com (financial education arm of Suvision Holdings Pvt. Ltd.) continues to provide free financial education to ensure that people make wise financial decisions, Lead Market is empowering intermediaries with pre-qualified leads, professional training and advanced technology. The spin-off of financial education and intermediaries aggregation business through two separate brands is in line with the long-term strategy of Suvision Holdings Pvt. Ltd. to be the leader in this segment.

IndianMoney.com is currently educating over 14,000 people every day on phone and it aims to educate a lakh people a day by March 2018. Though the on-call advising is growing exponentially, IndianMoney.com is building an advanced tech platform using its proprietary ROBO advising algorithms to automate a significant portion of its financial advising business.

IndianMoney.com's financial education platform has been used by couple of PSU banks to educate their customers and this has proven the potential of its technology platform. This has been further endorsed by 'The Center for Financial Inclusion' at Accion's recent research journal on 'Innovative Products and Services Drive Financial 'Capability' Through Behavioural Change' funded by J.P. Morgan.

Although Lead Market was initially launched as an app only platform, to cater to enterprise lead buyers www.LeadMarket.in was launched in March 2016, which is a replica of Lead Market mobile app. Lead Market enterprise version has the capability to be integrated with any CRM platform with all the convenience of Lead Market app. Enterprise buyers are able to browse the leads available on Lead Market directly from their CRMs.

About Suvision India Pvt. Ltd:

Started in 2008 by Mr. C S Sudheer, the vision of Suvision India Pvt. Ltd. (parent company of Indianmoney.com and Lead Market) is to create a financially literate India by providing free financial advice/consultation to anyone looking for an expert opinion on matters related to finance. In the process, IndianMoney.com also educates the consumers on how not to get cheated by unscrupulous agents while buying financial products. IndianMoney.com is backed by well-known Angel Investors:

  • Mr. Ravindra Krishnappa (founder of VertExperts Consulting LLP)
  • Mr. Shekhar Kirani (Partner at Accel Partners)
  • Mr. Pradeep Mittal (Founder of Magna Infotech)
  • Mr. Srini Koppolu (Former MD at Microsoft Development Center, India)

It also has financial and technology industry veterans Mr. Ramanand Baliga (Former Director of IBM), Mr. G Narayanan (Chairman of Vijaya Bank) and Mr. T V Rao (Former Director of EXIM Bank) on its advisory board.

For further details:

- Leave a missed call on 022-61816111 or visit www.IndianMoney.com for free financial education

- Download Lead Market app here: https://play.google.com/store/apps/details?id=com.jjbytes.indianmoney.mainactivity

- Visit www.leadmarket.in

Media Contact:
Narasimha Bidarahalli
[email protected]
+91-8095476355
VP - Corporate Finance & Investor Relations
Suvision Holdings Pvt. Ltd.

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