In The News

Five things to discuss with your soon to retire parents

Deccan Herald Feb 20, 2017

Are your parents approaching retirement? Here's how you can help them. Parents are generally not comfortable discussing their retirement plans with their children because, for them, it might mean admitting to their shortcomings or simply because they don't feel it is time to disclose their true financial worth. Read more...


Redeem your mutual fund investment via a debit card

Live Mint Jan 24, 2017

Now, this facility is also being offered by two robo-advisory platforms—FundsIndia and Scripbox—via an HDFC Bank-issued Visa debit card Read more...


Why your money may not be growing

Deccan Herald Jan 16, 2017

The possibility that your money might not grow and could actually reduce is the way most people define risk. While this is a good working definition of risk, this particular definition does not take time into account. Read more...


Simplifying equity investing to draw in newbies

The Times of India Jan 15, 2017

New financial technology ventures are trying to draw the masses into stock market and mutual fund investing by drastically simplifying choices, and making it easier and less expensive to make transaction Read more...


Budget 2017 may hike capital gains tax on stocks: Here are the possible changes

The Economic Times - Wealth Jan 02, 2017

"Mutual funds are passthrough instruments and don't get taxed for the gains made from buying and selling securities," says E.R. Ashok Kumar, Co-founder and CEO of Scripbox.com. Read more...


Child’s education or retirement fund?

Daily News & Analysis Dec 23, 2016

Office admin Chinmayi, 45, is distraught these days. The single mom has a reasonably talented daughter, who is in standard 7 and wants to be a doctor. Chinmay is thinking of saving for child’s education dream. Read more...


Now, a debit card for your mutual funds

The Hindu Dec 20, 2016

City-based Scripbox, a leading online investment service, has announced the launch of a new product, Any Time Cash, that allows customers to withdraw cash instantly from their mutual fund investment using a debit card that is issued against the investment. Read more...


In 2030, will you be able to afford your lifestyle?

Deccan Herald Nov 21, 2016

We all plan for our future, our education, our career path and even our next vacation trips are pre-determined. Read more...


Investment mistakes young people make

Femina Nov 16, 2016

I interact with a lot of young earners. These are men and women in the first 5-6 years of their working lives, with dreams and hopes that need money to achieve their goals. Read more...


How to deal with a financial crisis

Femina Nov 9, 2016

Here are some tips by ER Ashok Kumar, CEO of Scripbox.One of the first things to do is to prioritise your expenses into necessities. Read more...


5 financial situations you should prepare for

Deccan Herald Oct 24, 2016

A secure financial future is on everyone’s wish list and we work hard, plan, and save to achieve our financial goals. Read more...


Is your robo-advisory platform smart enough?

Daily News & Analysis Oct 11, 2016

Without the massive computational power required to arrive at decisions, some advisory platforms can be misleading, say experts. Read more...


The disruptive power of technology

Business Standard Sep 29, 2016

The fund industry may have embraced machines and robots, but managing money still needs the human touch. Read more...


Scripbox, Aditya Birla Money MyUniverse eye working professionals, corporates as next big customers

The Financial Express Sep 24, 2016

Taking a leaf out of the books of international fintech start-ups such as Questis and Future Penny, online investment platforms Scripbox and Aditya Birla Money Read more...


Three online investment platforms offer tech-savvy investors convenience. Here’s how

The Financial Express Sep 20, 2016

Online investment platforms offer tech-savvy investors convenience and ease of operation. Read more...


Here's why mutual funds are better than stocks

The Economic Times Aug 22, 2016

For a small fee, the investor gains from the stock-picking ability of the professional fund manager, does not have to track his portfolio and also benefits from tax exemption of portfolio gains. Read more...


Managing money while living away from home

Deccan Herald Aug 22, 2016

Online platforms today not only simplify and automate the investment process but also teach you how to save and invest. Read more...


Investing mistakes young earners make

The Times of India Jul 4, 2016

I interact with a lot of young earners. These are men and women in the first 5-6 years of their working lives, with dreams and hopes that need money to achieve. Read more...


Scripbox raises undisclosed investment in funding led by Omidyar Network

Forbes India Jun 30, 2016

Scripbox, a Bengaluru startup that uses proprietary algorithms to automate mutual fund recommendations to retail customers, has raised an undisclosed amount in funding led by Omidyar Network. Read more...


Scripbox raises funds from Omidyar, Accel

The Times of India Jun 30, 2016

BENGALURU: Online mutual funds platform Scripbox has raised a Series B round investment led by Ebay founder Pierre Omidyar's philanthropic investment firm Omidyar Network. Read more...


Robo-advisory: which one is for you?

Live Mint Jun 20, 2016

What is robo-advisory? Press a key and your investment is done? Or is it pre-programmed personal financial advice? A robo-advisor is essentially an automated service that gives you advice on managing investments and even helps you buy some financial products. Read more...


Scripbox plans to reach 1,000 cities

Deccan Herald Jun 19, 2016

Scripbox, an online investment platform started in Bengaluru in 2012, wants to expand its presence by reaching out to at least 1,000 cities in the future. Read more...


The nuts and bolts of Robo Advisory

The Hindu Business Line May 29, 2016

A robo-advisor is essentially an online financial advisory firm that uses automation and algorithms to offer investment advice. It not only helps you choose the right investment but also provides the platform to complete the transaction and monitor the portfolio on an ongoing basis. Through the use of online tools these new breed of advisors also promise to lower costs. Read more...


Cracking the MF code

The Smart CEO May 13, 2016

Through its algorithmic selection process, Scripbox has made investing in mutual funds a whole lot simpler for customers. While its current AUM is close to Rs. 140 crore, it aims to double this number over the next six to nine months Read more...


When investing in mutual funds, here's what you should know

The Economic Times May 11, 2016

Volatility and uncertainty are part and parcel of equity investing. Read more...


Expert advice: How to use investment offers effectively

All About Women Apr 28, 2016

Risk and return go hand in hand when it comes to investment. In this game of gamble, sometimes we get a bit confused while picking the right investment offer which suits our lifestyle and financial goals. Read more...


How To Be A Millionaire By 30

Femina Apr 23, 2016

Even if you win the popular television show that claims to make you a millionaire, you'll still be short of a few thousand after tax. Read more...


Five fintech firms for DIY investors

Forbes India Feb 3, 2016

The Bengaluru-based startup provides an algorithmic decision based on quantitative data about which mutual funds to buy. During the recommendation process, it filters decision-making by limiting choice without any human intervention. Read more...


As customers’ wealth grows, revenues will naturally grow

Live Mint Jan 11, 2016

Scripbox’s Sanjiv Singhal and Ashok Kumar talk of evolution of the company, retail investor trends and how they manage to keep costs low. Read more...


How New Age Finance Is Changing India, From Saving Up For The Football World Cup To Building A Bangalore Startup

IBT Nov 25, 2015

BANGALORE, India -- Shoeb Shaikh is busy planning his next globetrotting adventure to watch the FIFA World Cup live from Russia. Shaikh is saving with Scripbox, a startup that helps people invest in mutual funds, an entirely different approach to one he’s taken before. Read more...


Accel, Deep Kalra invest in Scripbox

The Times of India Aug 12, 2015

Flipkart's early investor Accel Partners and MakeMyTrip founder Deep Kalra, among others, have made a series A round of investment in financial technology startup Scripbox. Read more...


Disentangling the web

Financial Express Jan 27, 2015

WS Ravishankar, co-founder of Scripbox.com, a platform for buying and selling mutual funds, says availing of benefits from the growth scheme also requires the investor to hold on to the funds for a longer duration as these schemes do not pay dividend but continue to grow the NAV. Read more...


Investment options to save tax

Hindu Business Line Jan 4, 2015

If you are at a loss on the investment options available under Section 80C of the Income Tax act, here’s listing a few of them. Read more...


Personal financial startups can guide you to right investment choice

Times of India Dec 26, 2014

Bangalore-based ScripBox is promising to cut through the clutter of mutual funds and its investing platform is based on an algorithim that selects the best funds that are on offer. Read more...


There is not much to celebrate about REITs just yet

Live Mint 8 Dec 2014

REITs are like mutual funds that invest in real estate. You can buy and sell your units at a day’s notice—something not possible with physical real estate. This seems like a great product for the Indian market, hence there is a lot of excitement. But are REITs really as good an option? Read more...


Scripbox to keep your mutual funds safe

Times of India Jul 9, 2013

Since the company's launch in January 2012, it has picked up customers slowly, but steadily. Sridhar Ramanathan recently became a customer. "I think of it like investing in a recurring deposit, only putting my money in mutual funds," he says. Read more...


Invest Easy

India Today May 6, 2013

Invest in mutual funds while browsing the net with Scripbox.com. The website creates a virtual basket of four scientifically chosen mutual funds that have a high statistical probability of outperforming the market. After signing up, the money goes directly from your account to the fund. The creators, bankers Atul Shinghal and Sanjiv Singhal, wanted to make mutual fund investing as easy as dropping money into a piggy bank. Read more...


Investing online? 3 things to know

Times of India Apr 22, 2013

Scripbox, which only offers mutual funds, allows investment in a basket of up to four funds, which are pre-selected scientifically and considers only the schemes that have consistently outperformed the Nifty in the past. The performance is reviewed annually, and if the rules determine that a previously selected fund should no longer be a part of the basket, the investor is given the option to exit and invest in a revised basket or stay with the old one. Read more...


Online investing: Tips to manage your investments through portals

Economic Times - Wealth Apr 15, 2013

Do you put off investments just because it entails several trips to offices and filling up of innumerable forms? While a financial adviser can be of help, not many people have one. It can be even more challenging if you are considering investing in multiple products. It is for such people that online investment works best. Read more...


Product crack - Scripbox

Live Mint Apr 3, 2013

In between financial planners who design a financial plan for you, taking into account your income and expenditure on one side and your mutual fund (MF) distributor who just gives you the forms of MF schemes that you want to invest in on the other side comes Scripbox. Read more...


Investors need fewer choices: Scripbox

Hindu Business Line Mar 23, 2013

A new online platform for buying and selling mutual funds (https://scripbox.com) has decided to keep it simple by offering just four select equity funds at a time for people to invest in. Does this approach work Read more...


Investment options made easy

Bangalore Mirror Feb 15, 2013

Stop thinking. Start investing, is Scripbox’s message as it tries to simplify the process of investing for consumers. In conversation with co-founder Sanjiv Singhal. Read more...


Finance veterans from IIM-Bangalore launch Scripbox to make investing in MFs simpler

YourStory.in Jan 4, 2013

Indians have a tendency to save but not many invest. Only 2% of Indians invest! The case is reversed in say, the US. People save less but invest the most of it. And this is where Robert Kiyosaki’s “Make money work for you” philosophy comes into the picture. Thanks to inflation, money lying idle is losing its value naturally. And hence, ‘invest’ should be the mantra. Read more...


Now buy better performing mutual funds online with Bangalore based Scripbox

NextBigWhat Dec 17, 2012

To simplify the investment process, Bangalore based Scripbox wants to break the clutter and give you a single basket of 4 scientifically selected funds. Scripbox has taken the approach of reducing the scope of the decision making itself. Read more...


Debt funds or equity funds? The right answer may be 'both'

Money Control 20 Nov 2014

Given the thousands of mutual funds that you can invest in, picking the right one to put your hard earned money in can be a challenging task. But even before you pick the right scheme, you must decide whether you want to invest in Equity Funds or Debt funds. The answer is different for different investors. Read more...


Short-lists help with complex investment decisions

Financial Chronicle 12 Nov 2014

Have you recently tried to buy a mobile phone? How long did it take you to decide which phone to buy? Chances are, even a few days are not sufficient. Log in to any e-commerce store and the simple process of buying a phone now becomes a research project in itself due to the sheer volume of choices that’s available. Read more...


Probe Equity launches Scripbox to simplify MF investing

StartUp Central Aug 21, 2012

Scripbox is aimed at individuals aged between 25 and 40 who either don’t currently invest in mutual funds or do invest but would like an option to do so without the clutter and jargon that comes along. Read more...