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Writer's pictureGreat Companies

MONEYGURU FINANCIAL ADVISORY SERVICES, Great Companies SME Business of the Year Award Winner 2020


Name of Company: MONEYGURU FINANCIAL ADVISORY SERVICES

Founder Name: MUKESH JAGWANI

Can you provide us with a description of your business? What was the purpose of starting this business? What issue did it want to solve?

MoneyGuru Financial Advisory Services (“MFAS”) is one of the fastest growing and expanding Financial Advisory and Consulting Firm, having its Head Office/Regd Office in Gujarat.


Our Presence & Reach

We cater to clients from all sectors and segments (Individuals, Retail Clients, SME, MSME’s, HNI, UHNI & NRI’s) with more than 1000+ clients & 50+ sme/msme corporate clients, who have trusted our advice and we are managing their portfolios with clients from India, USA, UK, Africa & UAE.


Problem

Financial Planning and Investments happens fast & easily with the help of technology, but till the time personal human touch and advice is not there, it doesn't help in addressing my risk appetite, my future goals


How is it different from other competitors?

We at MoneyGuru have personal human touch and advancement of technology with following traditional ways and innovation through technology, which helped us to reach to 1000+ clients in the span of 2 years.

What and how are the challenges so far? How did you overcome them?

Challenges we faced were - which business model to start with, as both the models (B2B and B2C) had its own pros and after evaluating each & every parameters, lot of brain storming sessions between the partners/directors - we finally choosed to go with B2C model.


We started working on building clientele relationship along with the technology platform. We understood that advertisements & digital marketing and exhibitions will not give us quality leads and will not help in achieving our goals of having direct client.


We started with networking across networking platforms, forums, trade and industry association and met entrepreneurs and targeted audience in such forums, which helped us in creating our brand presence, helped us sharing our knowledge and built trust amongst the audience, leading us to have fast growth and expansion across Gujarat and India.

Year of Founding: 2018

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