The Indian financial ecosystem has digitised impressively. Banking, investing, insurance and credit all work from a phone. Yet individuals still can't assemble the pieces into one picture.
What gets left out
Open any portfolio app and note what it can see:
- Mutual funds
- Stocks
- Sometimes deposits
Now note what it can't:
- The house you live in
- The second property earning rent
- Gold, physical and digital
- Your stake in the family business
- Private investments in someone else's venture
For a large share of households, the invisible list is worth several times the visible one.
The category problem
Existing products organise around transactions, investments or taxation. Each is a legitimate category. None of them is wealth.
FynVeda organises around wealth itself — which means it has to accept messy, illiquid, hard-to-value things rather than only the assets that come with a clean API.
The trade-off we accept
Some of this data will be entered by hand at first, and some valuations will be estimates. That's fine. A considered estimate of your whole position is more useful than a precise measurement of one-third of it.
Account Aggregator connectivity will automate more of the picture over time. It will never automate all of it, and a platform that only shows the automatable parts is back to being a portfolio tracker.