Anupam Mittal is one of the well-known investors in our country. He might have gained fame from Shark Tank India but he has been an angel investor to hundreds of startups even before that. Anupam Mittal, CEO and founder of shadi.com, recently in an interview with Sharan Hegde, disclosed his investment portfolio and revealed that he has invested in over 300 companies but still has never invested in the stock market.
Why not the stock market for Anupam Mittal? And if not the stock market then where?
In the interview, when asked about his investment portfolio, He disclosed that he does not invest in public companies. His Portfolio has 40% of his own company which is shaadi.com, 40% of startups, and the rest of the 20% in real estate. This further sparked the conversation about how he sees real estate as an investment venture. His real estate investment consists of real estate he has received in inheritance and what he has purchased for office and residences. He comments he believes real estate is a bit of a fool’s investment as in real estate either the yield is low or the maintenance is too high. He comments that you invest in real estate only when you are expecting capital appreciation, which depends a lot on luck.
As for his views on the stock market, he disclosed that he had recently started investing in SIP when his daughter was born. However, he prefers investing in startup companies.
Further, the conversation moves don’t to mutual funds, and are not patient enough and so financially insecure that they don’t let their fund be invested for a long time. The flexibility that the mutual funds and the SIPs allow you to have is helping you in making rash decisions about your investment. Both Anupam and the host commented that this might seem like a good option in the short term but these are the investments that need to be invested in for the long term.
Some of Anupam Mittal’s Notable investments
1. Ola Cabs: A leading ride-hailing platform in India, offering convenient transportation services nationwide.
2. Rupeek: A fintech startup specialising in gold loans, providing accessible financial services in the Indian market.
3. BigBasket: Revolutionising grocery shopping in India, BigBasket is a prominent online platform for purchasing groceries.
4. WhatFix: Offering a digital adoption platform, WhatFix helps users navigate software applications effectively.
5. Interactive Avenues: A digital marketing and media company owning popular platforms like ibibo.com and Games24x7, shaping India’s digital advertising landscape.
6. PropTiger: A premier online real estate platform in India, simplifying property search and transactions for users.
7. DailyRounds: A health-tech startup facilitating online doctor consultations and medical services, enhancing healthcare accessibility in India.
8. LetsVenture: An investment platform connecting investors with promising startups, fostering growth in the Indian startup ecosystem.
In simple words, Anupam believes that it is important to have a personalized approach to investing. In a world where everyone is crazy about stock markets, Anupam highlights the significance of exploring alternative investment avenues tailored to individual goals and risk tolerance levels. He encourages budding finance enthusiasts to find investment ventures complementing their mindsets and personalities. And then sticking to that investing strategy for the long term.
Read More: All You Need To Know About Anupam Mittal: Investment, Startups, Wife, Education and More
