MarketsMojo
Overview
MarketsMojo is a Mumbai-based, algorithm-driven stock research platform that analyses Indian listed companies for retail investors and financial intermediaries. Founded in 2015, it set out to give individual investors the kind of systematic, data-based research that had previously been available mainly to institutions and wealthy clients. Its operating company is Mojo Markets Private Limited, incorporated in Mumbai in May 2015, and the platform is offered through its website and apps on a subscription basis, with additional asset management activity carried on through a group company incorporated in 2022.
In the Indian information ecosystem, MarketsMojo sits between financial media and professional research. It is not a newsroom and does not report market news as its primary product; instead, it processes market, fundamental and other data at scale and converts it into stock verdicts, recommendations, screeners and portfolio analysis that investors — and the journalists and advisers who serve them — use alongside news and company filings.
History and Founding
MarketsMojo was founded by Dr Mohit Batra and Joyson Thomas, two investment professionals who had known each other for nearly two decades and who were both founding figures of Moneycontrol, the financial portal. Thomas served as chief executive of Moneycontrol and continued in leadership there until 2015; Batra had moved on earlier, after Moneycontrol's merger into the Web18 and CNBC orbit. The two reconnected in 2014 and found they were thinking about the same product: both believed incisive stock analysis in India reached only a privileged few, while retail investors typically received tips and noise and ended up losing money.
They decided in December 2014 to build a venture that would present an unbiased, analytical and data-driven view of the market to the common investor. Within about three months they brought in Haresh Chawla, former chief executive of Network18, as mentor and founding investor, and several colleagues from their Moneycontrol days joined the core team in product, technology and engineering roles. Operations began in March 2015 with an initial corpus of about ₹4 crore. In mid-2016 the venture raised a small additional tranche — reported at about ₹2 crore for a small single-digit stake — from an angel investor, a round recorded in startup databases as its 2016 angel funding.
Services and Products
The platform's core promise is complete coverage: MarketsMojo states that it analyses all listed companies in India — about 4,000 stocks in its own and press descriptions — using a blend of fundamental and technical research. Its systems process a very large daily data load; company and press descriptions cite analysis of hundreds of parameters per stock and tens of millions of data points daily across market movements, fundamental research, expert recommendations and portfolio strategies. The outputs include stock calls and verdicts, model portfolio calls, a stock screener, and personalised portfolio analysis for holdings that users store on the platform.
Beyond individual retail subscriptions, the business developed an institutional and intermediary layer. MarketsMojo has described itself as an integrated application programming interface for financial intermediaries, letting brokers and platforms embed its research and portfolio tools, and it counts institutional relationships in its client history, with names such as Axis Securities and Angel Broking cited in business press reporting, and the platform describing trusted relationships with organisations including the stock exchanges and large brokerages. In the 2020s it added portfolio management services, reporting about ₹1,000 crore under management at the time of a 2024 business interview, with ambitions stated then to grow that book substantially, and group leadership appointments followed, including a group chief executive appointment reported in 2024.
How Investors and Newsrooms Use It
A retail subscriber uses MarketsMojo as a decision filter. Instead of reading a balance sheet cold, the investor checks a stock's verdict and underlying scores, screens the listed universe by quality, valuation or momentum-style parameters, and runs a stored portfolio through the platform's analysis to see concentration, weak holdings and suggested actions. The subscription ladder reflects that range: business reporting in 2024 cited entry subscriptions in the region of a few thousand rupees a year rising to a professional package priced near one lakh rupees before discounts.
For intermediaries, the use is white-label and infrastructural: research, screeners and portfolio diagnostics delivered through an API inside a broker's own product, so the broker's customers see analysis without the broker building a research engine. For financial journalists, MarketsMojo functions as a data source and an interview subject — its founders are quoted on retail research and market structure, and its coverage statistics are cited when the business press writes about the professionalisation of India's retail investing boom. Its founder has stated the ambition plainly in that coverage: to become, in his words, a Bloomberg of research globally — a comparison readers should treat as an aspiration stated by the company, not as a description of its present scale.
Headquarters and Footprint
MarketsMojo is headquartered in Mumbai, Maharashtra, with its registered address recorded in the Lower Parel and Delisle Road area of the city, close to India's financial markets, exchanges and brokerage industry. Its research coverage is national by definition — every company listed on India's exchanges — and the company has described providing services across twenty-one countries and serving investors allocating across markets including the United States, United Kingdom, Japan, China and India. Its direct user footprint in India was put at about 1.2 million registered individual users in 2024 business reporting, with several hundred thousand app installations cited in company descriptions of the same period.
Ownership and Leadership
MarketsMojo remains a private company, described in startup databases as bootstrapped notwithstanding its small 2016 angel round, with founder Mohit Batra serving as founder and chief executive and Joyson Thomas as co-founder. Haresh Chawla's role as mentor and founding investor connects the venture to the leadership of India's earlier financial-media generation — fittingly, since its founding team came out of Moneycontrol, the portal that defined online financial information for Indian retail investors in the 2000s. In 2024 the company announced a group chief executive appointment as it expanded into asset management and portfolio services alongside research. Startup databases recorded a few dozen employees and revenue in the ₹10–50 crore band for the operating company in recent filings-based summaries.
Digital Presence and Platforms
The service is delivered through marketsmojo.com and mobile apps, with subscription tiers for individual and professional users, webinars hosted by its leadership team with question-and-answer sessions, and curated market content around its research. Its distribution strategy has deliberately moved through other platforms as well as its own: the API model for intermediaries, and portfolio tools that encourage users to store and monitor their actual holdings on the site — business reporting put the value of portfolios stored on the platform at over ₹50,000 crore, on which it renders advisory services. That stored-portfolio base is both a product feature and the company's claim to relevance with brokers and institutions.
Role in the Indian News and Investment Ecosystem
India's retail investor base expanded enormously in the decade after MarketsMojo's founding, and with it came a market for guidance — much of it informal, social-media-driven and conflicted. A platform whose pitch is unbiased, model-driven research on every listed stock, built by the team behind a trusted financial portal, addresses that gap in a specific way: it does not depend on a star analyst's calls, but on algorithms applied uniformly across the whole listed universe, including small companies that human research teams rarely cover. Its claimed share of India's retail research market — put by its founder at twenty to thirty per cent in a 2024 interview — is a company claim rather than an audited figure, but the platform's longevity and its institutional relationships indicate a durable place in the research layer that sits between raw market data and the investing public, and that financial newsrooms draw on when explaining stocks to that public.
Notable Facts and Developments
The company's development is marked by expansion on three fronts: coverage, from an Indian retail product at launch to research described across twenty-one countries; clientele, from individuals only to intermediaries and institutions through its API and institutional relationships; and business model, from research subscriptions into portfolio management services, with a separate asset management company incorporated in 2022. In 2024 it told the business press it planned to raise a substantially larger Series A round — reported as twenty to fifty million dollars with a ten to fifteen per cent dilution — and was exploring private equity investment or integration with a larger brand to fund that expansion. Those plans were reported as intentions at the time, and readers should check later reporting for their outcome.
How to Access and Use MarketsMojo
Individual investors access MarketsMojo by registering on its website or apps and choosing a subscription tier, from basic to professional, with periodic promotional pricing reported in the press; free registration gives access to parts of the platform's coverage and content. Intermediaries and institutions engage commercially for API-delivered research and portfolio tools, and portfolio management is offered as a regulated service through the group's asset management arm. As with any research product, users should read the platform's scores as one input among several — alongside company filings and regulated advice — rather than as a substitute for either.
