Vision Advisory has opened two investment outlets in Aapoorti Super Market, Bhopal
Seeking to benefit from the high footfall in supermarkets, Pradeep Karambelkar of Vision Advisory has started two investment outlets called ‘Investment Shoppe’ at Aapoorti Super Market in two locations of Bhopal.
Vision Advisory has tied up with Aapoorti Super Market for infrastructure support to start five such counters across the city. Three more shops are likely to come up by March 2014.
Sharing the motive behind launching this project with Cafemutual, Pradeep said, “Our aim is to cater to middle class people who typically invest in bank FDs. Through Investment Shoppe we seek to provide them information about financial products and give them advice on where and how to make better investment choices. People buy gifts on birthdays and anniversaries from stores; here we suggest them to gift child plan or health plan on such occasions. We also wish to spread awareness about the investment market.”
To attract clients, Vision Advisory has put a chart in the supermarket comparing various financial products and explaining risks associated with each of them. The chart also shows that how one can reach his/her financial goals through a systematic investment approach in mutual funds. So far, both retail outlets have received many applications for PAN cards and enquiries on mutual funds and real estate investments.
Earlier, Pradeep left his well-paying job in 2003 with a vision of selling financial products through a chain of one-stop investment outlets in malls. He attributes his success to his persistence and hard work over the last ten years. He expects to open more outlets across the Madhya Pradesh.
Pradeep has completed LLB and MBA (Finance) from Barkatullah University, Bhopal. After spending 8 years of stint in IT and finance industry, he sensed a great opportunity in financial advisory profession and ventured on his own with a firm called ‘Vision Advisory’. Currently, he claims to have 8000 clients and asset under advisory of Rs. 22 crore in mutual funds.
