Mid-cap and small-cap stock research data platform
The Opportunity
Mutual fund managers at 500+ equity funds are struggling to deploy billions into mid- and small-cap stocks due to lack of reliable, real-time fundamental data and liquidity intelligence. They currently default to large-cap allocations, missing documented outperformance opportunities. Fund managers need granular, actionable research on underexplored mid/small-cap companies to justify and execute portfolio rebalancing at scale.
Market Size
₹450-600 Cr addressable market — 500+ active equity mutual funds × ₹0.9-1.2 Cr annual research spend each, driven by ₹25 lakh Cr AUM in Indian equity mutual funds needing better small-cap intelligence
Business Model
SaaS platform offering real-time financial metrics, institutional ownership patterns, liquidity forecasting, and institutional-grade screeners specifically optimized for mid- and small-cap discovery. Freemium tier for smaller funds, enterprise tier with dedicated analyst reports for larger AMCs.
Tiered SaaS subscription: ₹5-25 lakh/year per fund based on AUM (covers ~400 mid-tier funds = ₹100+ Cr annual)Premium research reports on emerging mid-cap opportunities: ₹2-5 lakh per deep-dive report (50-100 reports/year = ₹10-50 Cr)API access for fund portfolio management systems: ₹10-20 lakh/year per integrator (sell to 30-50 fund aggregators = ₹30-100 Cr)
Your 30-Day Action Plan
Scrape and validate mid/small-cap financial metrics from BSE/NSE public APIs and 3-4 financial data providers; identify top 50 mutual fund portfolio managers via annual reports and LinkedIn
Build Airtable-based prototype screener with 8-10 key metrics (market cap, debt-to-equity, revenue growth, institutional ownership %) and 200 sample mid-cap stocks; record 5-minute demo walkthrough
Cold email + Linkedin outreach to 30 fund managers at Axis, Nippon, HDFC, Kotak AMCs with pilot offer: 'Free 30-day access, 1 custom research report'; aim for 5-10 pilot signups
Onboard pilots, collect feedback on missing metrics; publish 1-2 sample research reports on high-growth mid-caps; refine messaging based on objection handling
Compliance & Regulatory Angle
No specific license required for data aggregation/SaaS. SEBI research rules apply only if providing investment advice (avoid). Register as startup under 80IAC; GST 18% (SaaS category). Data sourcing from BSE/NSE is public and free; compliance: ensure no insider information, no tip-off practices.
Ready to Act on This Opportunity?
Generate a 7-step execution plan — validate the market, build the MVP, model the financials, map the risks, and ship in 30 days.