“Is Tickertape owned by Zerodha?” is a common point of confusion among investors nowadays. Although both are popular companies in the stock market, Tickertape has a business connection with Zerodha.
However, Zerodha Broking Limited does not own Tickertape. But both organizations have a business relationship through an associated entity.
We’ll talk today about who owns Tickertape and how it is connected to Zerodha. Additionally, you will also learn about why people often connect the two companies.
Who Owns Tickertape?
Anchorage Technologies Private Limited (ATPL) operates Tickertape. It was incorporated in 2021 and has its registered office in Bengaluru, Karnataka.
ATPL is a wholly owned subsidiary of CASE Platforms Private Limited (CPPL). CASE, meanwhile, was previously known as Smallcase Technologies Private Limited.
Tickertape offers technology services through its website and mobile application. Financial information, tracking, and analytical tools for different investment products like stocks, ETFs, and Mutual funds are available here.
For tracking investment data, stock screeners, mutual fund screeners, and other tools are also available here.
Its ownership structure therefore shows that CASE Platforms, through its subsidiary, Anchorage Technologies, owns Tickertape.
Is Tickertape Connected to Zerodha?
Yes, through Nexum Finvest Private Limited (NFPL), Tickertape has an indirect business connection with Zerodha.
As an AP of Zerodha Broking Limited, Nexum Finvest Private Limited is registered with the National Stock Exchange (NSE). NFPL is a wholly owned subsidiary of CASE Platforms Private Limited.
As an Authorised Person, it refers potential customers to Zerodha for opening demat and trading accounts. This means that NFPL can only refer its users to Zerodha. It does not give Zerodha ownership power.
To summarize the whole scenario, CASE Platforms Private Limited owns Anchorage Technologies Private Limited (ATPL) and Nexum Finvest Private Limited (NFPL). Although NTPL operates the Tickertape platform, Nexum Finvest Private Limited is registered with NSE as an Authorised Person of Zerodha Broking Limited.
The structure mentioned above clearly explains why Zerodha and Tickertape are connected, instead of an ownership relationship.
Why Do People Think Tickertape Is Owned by Zerodha?
A few reasons are there why people think about, “Is Tickertape owned by Zerodha?” Some of the top reasons are:
- As an Authorised Person for Zerodha, Tickertape’s parent group has an associated company, NFPL.
- NFPL refers its users to Zerodha for opening demat and trading accounts.
- Tickertape and Zerodha both work in the financial market.
However, a referral arrangement or business connection does not always create direct ownership.
Where Can You Check Tickertape’s Official Ownership Details?
You should visit Tickertape’s official website to directly verify this detail.
Visit its Disclosures page there and check the company information and associated entities section.
You will find there that Anchorage Technologies Private Limited, a wholly owned subsidiary of CASE Platforms Private Limited, operates Tickertape. It moreover confirms that Nexum Finvest Private Limited is an NSE-registered Authorised Person of Zerodha Broking Limited.
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FAQs
1. Is Tickertape owned by Zerodha?
No, a wholly owned subsidiary of CASE Platforms Private Limited, Anchorage Technologies Private Limited, operates this platform. Zerodha therefore doesn’t own it.
2. Who is the parent company of Tickertape?
CASE Platforms Private Limited owns Tickertape operator Anchorage Technologies Private Limited.
3. What is the connection between Tickertape and Zerodha?
A wholly owned subsidiary of CASE Platforms, Nexum Finvest Private Limited is registered with the NSE as an Authorised Person of Zerodha Broking Limited. However, it refers potential customers to Zerodha for opening demat and trading accounts.
4. Is Tickertape owned by Smallcase?
Yes, Tickertape Operator is a wholly owned subsidiary of CASE Platforms Private Limited
5. Is Tickertape a stock trading platform?
Yes, financial information, stock screeners, mutual fund screeners, tracking features, and analytical tools are available here.
Conclusion
Tickertape is not owned by Zerodha. It operates under the subsidiary of CASE Platforms Private Limited, Anchorage Technologies Private Limited. However, its connection with Zerodha is there through Nexum Finvest Private Limited. For demat and trading accounts, NFPL thus refers potential customers to Zerodha.