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Yubi Group of Companies Launches Aspero

CIO Insider Team | Friday, 20 October, 2023
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According to reports, the Yubi Group of Companies launches premium fixed-income investment platform Aspero. This prominent fintech company is on a mission to transform India's debt landscape.

Aspero plans to revolutionize how Indian retail investors interact with fixed-income securities under the auspices of CredAvenue Securities. The platform's slogan, Good Investments for Great Aspirations, captures its goal of providing accessible, secure, and profitable investment possibilities to retail investors in order to help them realize their dreams.

Gaurav Kumar, Founder, and CEO, Yubi Group says, “It is essential to democratize the bond market in India given the fast changing nature of the global financial system today. Recent events have paved the way for a significant change, notably SEBI's drive for Online Bond Platform Providers (OBPPs).”

When it comes to serving retail investors' and wealth partners' financial objectives through fixed-income investment options, we see Aspero as the go-to platform

“Despite having a vast amount of potential, the Indian bond market is still not widely accessible. It is our goal to change that. Our goal for Aspero goes beyond simply providing a platform or app; instead, we want to enable ordinary investors to take part in this booming sector. Corporate bonds, formerly regarded as 'alternative' investments, have shown to be reliable. We're eager to remove outdated beliefs and bring fixed-income investments into the mainstream because they can offer yields that can be lucrative and significant levels of safety,” adds Gaurav Kumar.

Vibhor Mittal, Chief Operating Officer, Aspero says, “When it comes to serving retail investors' and wealth partners' financial objectives through fixed-income investment options, we see Aspero as the go-to platform. In order to close the gap and improve the standing of fixed-income investments in India, our focus is on rewarding retail investors with high-quality fixed-income assets and returns as high as 14 percent. Additionally, even while the platform now offers a range of corporate bonds, we plan to provide more fixed-income instruments including SGBs and bond baskets to give our users even more investing options.”



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