Like every college student, Akash Jayan and Rithvik Vipin were looking for ways to increase their pocket money while studying at Vellore Institute of Technology (VIT) in 2015. That’s when he looked to stock trading as a way to make money.
Although both of them looked for various strategies on YouTube, they found that they did not work. And without proper consultation, they also lacked the right market insights.
They started with an investment of Rs 3,000 initially, but it was reduced to Rs 700. In the year 2017-18, when they were in the fourth year, until then they were earning 1000 rupees per day. By then, many of their friends also approached them and they began teaching them. They initially thought of making a website to teach stock trading and talk about it on Facebook groups.
The Covid-19 Push
During COVID-19, they have helped many youth, students, working professionals, housewives and even the elderly to become expert stock traders and achieve financial independence.
Trading as a subject is still considered a taboo in India where many people think that only loose money should be invested in stock trading. They have done a challenging task of creating awareness and changing the mindset of people through masterclasses by speaking about market equity in simple language.
The team currently has 30 members and is looking to expand rapidly. Once a learner is enrolled in their masterclass program, they then undergo systematic, curriculum-based training. The team trains traders on WhatsApp for three weeks during the weekend nights.