Wallet4Wealth introduces four new products in Odisha

Bhubaneswar: Wallet4Wealth, a Bhubaneswar-based investment advisory and financial planning firm, has introduced four new products to expand its business and strengthen its footprint across the State.

The new products are Distribution of Stock Broking, Health Insurance, Life Insurance and General Insurance, a company release said.

“A lot needs to be done in the field of financial literacy among the investors in Odisha. People should take investment decision according to their financial goals and should not invest in unregulated financial products,” said Trinath Lenka, Managing Director and Co-Founder of Wallet4Wealth.

The city based firm, which claims it grew 299% year on year in its distribution business, is planning to enter into Kolkata, Patna and Jamshedpur markets this year.

Sunil Subramaniam, MD and CEO of Sundarm Mutual Fund, who was present at the occasion, said: “Global growth and global trade are on revival path, which are positive signs for exports and Make in India programme. Dveleoped markets, interest rates and liquidity are on tightening mode that shall have negative effects on markets and large caps.”

Established in 2016, the firm has partnered with Ahemedabad-based broking firm ‘Wealth Street’ to expand its reach across the Eastern Indian in near future.

The launching ceremony was attended by a host of well-known financial planners such as Ajay Saragoi, Founder and CEO of Wealth Street and Swarup Mohanty, CEO of Merai Asset Mutual Fund among others.