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Sougata Basu

Founder, CashRich | Fintech Entrepreneur | Managed ~USD 2 billion investments for Tata Steel

Sougata Basu is an Indian fintech entrepreneur and the founder of CashRich, an innovative investment app focused on wealth management. Here are some key points about his background and experience:

Professional Background

  • Basu has a rich background in the finance industry, having managed approximately USD 2 billion in investments during his tenure at Tata Steel's Treasury.46

Education and Certifications

  • He holds a CFA (Chartered Financial Analyst) charter and has an MS and MBA from Boston University, USA.4

CashRich

  • Basu founded CashRich with the vision to provide high-quality wealth management services through a simple and convenient mobile app. The app is known for its 'Dynamic SIP' option, which helps generate better returns than traditional SIPs by adjusting investments based on market conditions.235

Other Roles and Affiliations

  • Basu is also an Executive Committee Member of the India Fintech Forum.3

Location and Connections

  • He is based in Mumbai and has over 500 connections on LinkedIn, where his username is 'sougatab'.16

Highlights

Aug 26 · linkedin

Does inflation only affect government employees?

The term ‘indexation’ is back in discussion as it is part of the Unified Pension Scheme (UPS) for Government employees in India.

In the last Indian budget, inflation indexation seemed to lose its importance.

Senior citizens who had invested in debt mutual funds 10 years ago lost indexation tax benefits retrospectively. They relied on these debt funds to structure their pensions.

Meanwhile, the real estate indexation issue received more media attention and some tax relief was provided.

So, what’s the logic behind retrospectively denying indexation to debt mutual fund investors? Can anyone please explain?

#retrospective #tax #debtfunds

Aug 23 · linkedin

The Indian Government has announced that a new tax code will be introduced within the next six months to replace the current Income Tax Act.

Related Questions

What inspired Sougata Basu to create CashRich?
How does Dynamic SIP work in CashRich?
What is Sougata Basu's background before founding CashRich?
How does CashRich ensure the security of its users' investments?
What makes CashRich different from other investment apps?
Sougata Basu
Sougata Basu, photo 1
Sougata Basu, photo 2
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Location

Mumbai, Maharashtra, India