GreenTiger is creating the Robinhood for India, allowing anyone to trade US stocks from India for zero commission. In 2 minutes users can start trading for free on the NASDAQ and NYSE. There are no setup or monthly fees and users can invest as little as 100 rupees to buy and sell fractional shares of any stock.
Since liberalizing the economy in India in 1991, FEMA regulations improved making it legal to invest up to $250,000 every year internationally with very few restrictions. Traders on average send 500 rupees for a single trade making the current process expensive and inefficient. Co-Founders, Prateek and Tyler, saw this as an opportunity to help give people access to the stock market and invest. The team has spent time at Westbridge Capital and Microsoft after having studied Computer Science at Princeton and Dartmouth. The founders are now working on GreenTiger to connect investors in emerging and developed markets.