Finomatic Fintech Services Hitesh Jain on Democratizing Wealth in India

Every entrepreneur’s journey begins with a spark. For Hitesh Jain, the founder of Finomatic Fintech Services Pvt. Ltd., that spark ignited in childhood. Growing up in India, he watched how money decisions shaped lives. Families often struggled—not due to lack of intelligence, but due to lack of proper financial guidance. Wealth creation looked like a privilege reserved for a few, while the majority faced uncertainty and missed opportunities.

That realization planted a seed. Hitesh envisioned a future where financial literacy and wealth-building opportunitieswould reach every Indian—whether in a metro city or a small Tier-3 town.

The Corporate Chapter and Turning Point

After earning his MBA from FMS Delhi, one of India’s premier business schools, Hitesh stepped into the corporate world. He worked with leading financial services companies, including Aviva Life Insurance, and spent over a decade mastering wealth management, insurance, and distribution.

Yet, as he climbed the corporate ladder, discontent brewed. He saw an industry plagued by mis-selling and short-term thinking, leaving investors confused and underserved. At the same time, he noticed enormous untapped talent in small towns—ambitious individuals who wanted to break into financial services but lacked mentorship, structured training, and regulatory support.

Despite a secure and high-paying career, Hitesh could not ignore this gap. His personal struggles and professional observations fueled a bold decision: he left corporate life to build something larger than himself.

The Birth of Finomatic

In 2017, Finomatic Fintech Services Pvt. Ltd. was born. The name, combining “Finance” and “Automatic,” reflected Hitesh’s mission: to make investing simple, digital, and empowering.

With a small office, limited resources, and a big vision, Hitesh began the journey. The early days tested him—convincing investors in Tier-2 and Tier-3 cities to trust digital platforms, training aspiring advisors, and building credibility in a skeptical industry.

But Hitesh’s belief never wavered: blend fintech with human guidance, and trust will follow.

The Core Problem Finomatic Solves

Finomatic set out to bridge two major gaps in India’s financial ecosystem:

1. For Investors – Financial planning felt complex and intimidating. Many had been mis-sold products, leading to deep mistrust. They needed transparent, accessible, and reliable wealth solutions.
2. For Aspiring Advisors – Entry into financial advisory demanded certifications, but most lacked training, mentorship, and structured pathways. Without support, their careers stalled.

Finomatic responded with dual solutions:

• For investors: 100% digital onboarding, real-time reporting, seamless transactions, and personalized wealth guidance.
• For advisors: Finomatic Pathshala, a training platform to crack certifications like NISM and build professional skills, and Finomagic, a partner app to simplify operations and client servicing.

This approach built a win-win ecosystem—investors gained independence while advisors built sustainable careers.

Breakthrough Moments

The game-changer came with Virasat, Finomatic’s flagship legacy-planning toolkit. By addressing the sensitive yet crucial issue of wealth transfer across generations, Virasat won deep family trust and set Finomatic apart from the competition.

Meanwhile, Finomatic Pathshala produced remarkable success stories. Young men and women from small towns—once struggling with certification exams—cleared them with confidence. With mentorship, they launched advisory careers, achieving not just financial stability but dignity and purpose.

The Finomagic app further empowered partners, giving them real-time tools to serve clients better.

Growth and Impact

What began as a small office has grown into a powerful force in wealth management:

• ₹1,200 Crore+ Assets Under Management (AUM)
• 50,000+ investors worldwide
• 1,000+ partners across India

But the true impact lies beyond numbers. Finomatic has become a career creator—transforming thousands of individuals, especially from Tier-2 and Tier-3 towns, into trusted advisors guiding families toward financial security.

As Hitesh puts it:

“The real breakthrough isn’t in numbers—it’s in people. Watching a distributor transform into a confident advisor, and seeing families plan their futures with confidence—that’s the true reward.”

Building a Voice of Trust

With Finomatic’s growth, Hitesh realized his voice carried weight. Clients, partners, and industry peers trusted his perspective. He expanded beyond company platforms, sharing insights on LinkedIn, simplifying finance for both professionals and common investors.

He also launched the Finomatic Talk Show, a podcast featuring industry leaders, to democratize financial wisdom and inspire young advisors and investors across India.

Recognition and Milestones

Finomatic’s impact has earned recognition nationwide:

• Sanjeevani Real Bharat Award for bringing financial services to rural India
• Featured in The Economic Times
• Moneycontrol SIP Champion Award
• Profiled by Cafemutual for pioneering small-town financial empowerment

These milestones validate Finomatic’s role as a social impact-driven wealth management brand.

The Culture at Finomatic

Finomatic thrives on a culture of trust and inclusivity. Hitesh often tells his team,

“We’ve only sown the seed; the tree is yet to grow.”

Employees innovate freely, partners are treated as collaborators, and investors are valued as families. This ethos keeps Finomatic focused on empowerment, dignity, and inclusion.

The Road Ahead

Looking ahead, Finomatic envisions reaching every corner of India with solutions across:

• Mutual Funds
• SIPs
• AIFs & PMS
• Gift City Investments
• Insurance (Term, Health, Motor, Commercial)

The goal is clear: democratize wealth creation and build a financially confident India.

Why Finomatic Matters

Finomatic is more than a wealth management company. It is:

• A guide for investors, simplifying financial planning
• A mentor for partners, creating sustainable careers
• A voice of influence, shaping financial literacy through content and podcasts
• A catalyst for inclusion, bridging the rural-urban financial divide

At its heart, Finomatic represents Hitesh Jain’s courage and conviction—from a boy who observed families struggle with money, to a corporate leader who left stability to build a fintech-powered ecosystem.

As Hitesh reminds us,

“We have only sown the seed. The tree is yet to grow.”

Finomatic is not just a company—it is a movement to build a financially confident India, one investor, one partner, and one family at a time.

Disclaimer

Content under ‘The Startup Club of India’ is not verified or endorsed by TICE. The content may have been edited for style or clarity without altering the facts as provided.Any business or financial decisions based on it are at the reader’s own risk. For disputes, contact editorial@tice.news.