Flattrade

Chennai, India Founded: 2004 • Age: 22 yrs
Offers online trading in equities, commodities, and derivatives with no fees.
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About Flattrade

Flattrade is a company based in Chennai (India) founded in 2004 by K Narayana Moorthy. It operates as a B2C, and B2B. Flattrade offers products and services including Demat Account, Equity Trading, Commodity Trading, and Derivatives Trading. Flattrade operates in a competitive market with competitors including Robinhood, Trade Republic, Vested Finance, Webull and Saxo Bank, among others.

  • Headquarter Chennai, India
  • Founders K Narayana Moorthy
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fortune Capital Services Private Limited
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Flattrade

Flattrade offers a comprehensive portfolio of products and services, including Demat Account, Equity Trading, Commodity Trading, and Derivatives Trading. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for holding and trading securities electronically.

Enables buying and selling of stocks with zero brokerage fees.

Facilitates trading in commodities across exchanges.

Supports futures and options trading for risk management.

Funding Insights of Flattrade

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Flattrade

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Flattrade

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Flattrade Comparisons

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Competitors of Flattrade

Flattrade operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Robinhood, Trade Republic, Vested Finance, Webull and Saxo Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commission-free trading and investment services are provided by Robinhood.
domain founded_year HQ Location
Multi-asset trading platform for stocks, ETFs, and cryptocurrencies is provided.
domain founded_year HQ Location
Online trading and investment platform
domain founded_year HQ Location
Broker-based online trading platform
domain founded_year HQ Location
Online platform for trading in forex, options, and CFDs
domain founded_year HQ Location
Trading platform for currencies, index CFDs, precious metals, energies, and cryptocurrencies
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Flattrade

Frequently Asked Questions about Flattrade

When was Flattrade founded?

Flattrade was founded in 2004.

Where is Flattrade located?

Flattrade is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Who is the current CEO of Flattrade?

K Narayana Moorthy is the current CEO of Flattrade. They have also founded this company.

What does Flattrade do?

Flattrade, Under Fortune Capital Services , Operates As A Stock Broking Platform Enabling Trading In Equities, Derivatives, Commodities, And Currency. It Offers Zero Brokerage For Individuals And Corporates, Along With Tools Like Margin Calculators And Algo Trading. Based In Chennai, India, It Serves Retail Investors And Businesses Through A Technologically Advanced Ecosystem, Ensuring Secure And Efficient Transactions Via Web And Mobile Apps.

Who are the top competitors of Flattrade?

Flattrade's top competitors include Robinhood, Trade Republic and Saxo Bank.

What products or services does Flattrade offer?

Flattrade offers Demat Account, Equity Trading, Commodity Trading, and Derivatives Trading.

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