Company Profile:

Financial Technologies India provides technology IP solutions and domain expertise with technology licensing and development. It also offers transaction outsourcing services for digital transactions and financial markets across all asset class including equity, commodities, currency and debt. Financial Technologies (India) Limited, the flagship company of the Financial Technologies Group.

Management:

Jignesh Shah, CEO & Chairman

Jignesh Shah founded Financial Technologies (India) Ltd. and has held the position of Chairman and CEO since January 2001. Prior to establishing Financial Technologies, he was with the Bombay Stock Exchange (BSE), working on the design and implementation of the BSE’s online trading system, BOLT®. Mr. Shah graduated with a Bachelor of Engineering degree from the University of Mumbai and has received specialized training in Money and Capital Markets as well as in Futures and Options Trading from the New York Institute of Finance.

Dewang Neralla, CTO

Dewang Neralla has been the Executive Director of the Company since January 2001. In addition, he is also the Chief Technology Officer and the co-founder of Financial Technologies with Jignesh Shah. Before establishing Financial Technologies, Mr. Neralla was part of the BSE team for designing the BOLT®. trading system. He graduated with a Bachelor of Engineering degree in Computers. Link

Websites: www.ftindia.com

Investors: Financial Technologies India is listed on BSE (FINTECH) and is the flagship brand of Financial technologies Group a US$ 3.29 bn as on June 2007.

Contact Details:

Landmark B’ Ground Floor Suren Road,
Chakala Andheri ( East)
Mumbai, 400 093
IND +91-22-26173746 (Phone)

Additional Information:

Financial Technologies joins other shareholders including NYSE, Goldman Sachs, ICICI, SBI, IDBI, LIC, various public sector banks among others of NSE by acquiring 1% stake in NSE (August 23 2007), reports India Bulls. Link

Company Profile:

PayMate India Pvt. Ltd. is a Mumbai based wireless transactions platform provider. PayMate is a spin-off from Coruscant Tec, a sister concern with a focus on wireless content. PayMate has created a viable ecosystem to enable wireless transactions connecting banks, switches, merchants and customers using a simple, secure and seamless technology.

Management

Ajay Adiseshann, Managing Director and co-Founder,

A serial entrepreneur with a background in electrical engineering, Ajay had previously founded Coruscant Tec, a mobile content developer and aggregator and Webresource, a Web applications and design company. Ajay is responsible for day-to-day operations, marketing, business development and overall strategy.

Investors:

Paymate is funded by Silicon Valley based Kleiner Perkins Caufield & Byers and Sherpalo Ventures who have helped build some of the world’s leading brands and companies like Amazon, Google, Sun Microsystems and Netscape etc. Link

Website: www.paymate.co.in

Competition: Paypal.com (Internationally)

Contact Address:

Paymate India Pvt. Ltd.

111, A-Wing, Sundervila,
Next to Vijay Sales,
S.V. Road, Santacruz (W),
Mumbai 400054
Tel: +91 22 2661 6170/ 78/ 79/ 80.
Fax: +91 22 2661 6190.

Email: contact@paymate.co.in

Additional Information:

Paymate was founded in May 2006 and aspires to be next Visa/Electron of mobile payment world in India.

Company Overview:

ShareKhan.com is an online trading facility founded in 1999-2000 with a focus on equities, derivatives and commodities brokerage execution on the National Stock Exchange of India Ltd. (NSE), Bombay Stock Exchange Ltd. (BSE), National Commodity and Derivatives Exchange India (NCDEX) and Multi Commodity Exchange of India Ltd. (MCX).

Management
Shripal Morakhia, Chairman

Shripal Morakhia, worked with the President of the New York Stock Exchange as Executive Assistant during 1979-1980 after obtaining his Masters Degree in Administration. He has also been on the Board of the Mumbai Stock Exchange as Director from 1988-89.

Ketan Parekh, CTO

Ketan Parekh joined Sharekhan.com in the year 2003 and has been the Head of Technology since then. Ketan Parekh graduated in the year 1985 aand took on ERP implementations at Oracle till ‘97. He did his ebusiness course by 2003. His past experience include workin with Money Care now, Saurashtra Capital Services and Cambridge Techonology Partners (CTP). He has also worked with Novell – Mumbai following the acqusition of CTP by Novell Inc India before taking on Sharekhan as CTO.

Website/s: www.sharekhan.com

Corporate Address
Branch – Head Office
A-206, Phoenix House,
2nd Floor,
Senapati Bapat Marg,
Lower Parel,
Mumbai- 400 013.
Telephone No: 022-67482000
Toll Free: 1800227500

City:Mumbai.

Key Competition: ICICIDirect, Kotak, HDFC

Investors:

VC Circle News, breaks IDFC’s stake of 66.67% in SSKI the parent company which holds retail equity brand Sharekhan from its original promoters the Morakhias. The remaining 33% is owned by the employees of the company.

Additional Notes:

Sharekhan Ltd provides trade execution services through Multiple channels – an Internet platform, telephone and retail outlets and is present in 225 cities through a network of 615 locations

TimesofMoney, a part of Times Internet Ltd (TIL), was founded in 2000. It is a leading ePayment service provider serving financial institutions in facilitating internet based money transfers. The company’s vision is to offer an easy on internet medium for online transactions.

Management

Avijit Nanda, President

Corporate Address: TimesofMoney, Times Tower, 4th floor, Kamala Mills Compound, Lower Parel (West), Mumbai

Contact Number: 022-30988490

Contact Email Id: info@timesofmoney.com

Websites: TimesofMoney.com, Window2India.com, Remit2Home.com, Wallet365.com, Remit2India.com

Key Competition: Money2india.com (ICICI)

Additional Notes

Remit2India.com, the flagship brand of TimesofMoney, is a one-stop destination for money transfers for NRIs across the world. Remit2Home.com marks the foray of the company in the global arena. Remit2Home offers online remittance and financial solutions to expatriates of diverse ethnicities. TimesofMoney has also introduced Wallet365.com, an e-payments service for individuals as well as businesses.

Company Overview:

India Infoline, is a one stop solution for financial services with offerings ranging from equity research, equities and derivatives trading, commodities trading, portfolio management services, mutual funds, life insurance, fixed deposits, gol bonds and other small serving instrument for loan products and investment banking.

Infoline’s online portals include, 
www.indiainfoline.com  and www.5paisa.com

Management:

Nirmal Jain, Founder & Chairman, India Infoline

Nirmal Jain, is the founder and the chairman of India Infoline Ltd. He holds an MBA degree from IIM Ahmedabad, and is a Chartered Accountant and a Cost Accountant. He  started his professional career with HLL in 1989. In 1995, he founded his own independent financial research company, now known as India Infoline Ltd.

R. Venkatraman, Co-promoter and Executive Director

R. Venkatraman has done his Bachelors in Technology (B. Tech) in Electronics, Electrical Communications Engineering from IIT Kharagpur and an MBA from IIM Bangalore. He has held senior managerial positions in ICICI Limited. He has also held the position of Assistant Vice President with G E Capital Services India Limited in their private equity division.

Other Key Executives:

• Sat Pal Khattar – Non Executive Director
• Sanjiv Ahuja – Independent Director
• Nilesh Vikamsey – Independent Director
• Kranti Sinha – Independent Director

Website: http://www.indiainfoline.com/

Address:

India Infoline Ltd,
75, Nirlon Complex,
Off W E Highway,
Goregaon (E) ,
Mumbai – 400 063
Tel – 91–22-6648 9000
Fax – 91-22-2685 0451

Additional Information: India Infoline Ltd, being a listed entity, is regulated by SEBI (Securities and Exchange Board of India). India Infoline’s research is available not just over the internet but also on international wire services like Bloomberg , Thomson First Call and Internet Securities.