Octanom Tech, the pioneering Investech firm behind Hedged.in, India’s first ‘Hedged-style’ Investment & Trading platform, has been awarded the prestigious “Wealth Tech of the Year” award at the BW Business World Festival. This accolade highlights Octanom Tech’s significant contributions to redefining the investment and trading landscape in India.
Innovative Solutions for Low-Risk Investing
Led by finance expert Rahul Ghose, Octanom Tech’s Hedged platform is designed to offer low-risk trading and investing products, addressing the growing losses faced by retail investors and institutions in India and abroad. With only 3.8% of Indians directly investing in equity, Hedged aims to mitigate risks through machine-driven hedged products and innovative investment solutions in both the equity and derivative spaces. These technologies empower investors to make informed decisions, overcoming challenges such as lack of knowledge, time constraints, and market unpredictability.
Recognition at the BW Business World Festival
The BW Business World Festival of Fintech annually gathers industry leaders and innovators to explore advancements in financial technology, including AI, machine learning, blockchain, digital banking, mobile payments, cybersecurity, API integration, DeFi, fraud prevention, and open banking. This premier event showcases the rapid evolution of the fintech industry.
Achievements and Leadership
In just 15 months since its launch, Octanom Tech and the Hedged platform have become one of the youngest companies in India to receive this award. The platform boasts the highest audited success rate among similar competitor platforms in India. This rapid growth and success are supported by a team of experts, including PhD Dr. Praveen Dwaraknath and CTO Shiv Kumar Puppala, under the visionary leadership of Rahul Ghose, former Vice President of Sharekhan.com and a foremost authority in the options space in India.
Commitment to Reducing Losses and Empowering Investors
Rahul Ghose, Founder & CEO of Octanom Tech, expressed his gratitude, saying, “We are incredibly honoured & humbled to receive the ‘Wealth Tech of the Year’ award. This recognition is a testament to our commitment ‘To reducing a 100 Billion dollars’ worth of losses over the next decade’ in India and around the world. Product Innovation and our dedication to empowering investors with technology and knowledge remains on our forefront agenda. We will continue to drive forward with our mission to transform the investment & Trading landscape in India and overseas.”
About the BW Business World Festival of Fintech
The Business World Festival of Fintech is one of the most anticipated and recognized events in the fintech industry, celebrating outstanding achievements and innovations that shape the future of financial technology. The award further solidifies Octanom Tech’s position as a trailblazer in the fintech space.
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