IC Moneymart Expands Operations into Bihar and Jharkhand, Strengthening Its Mission of “Har Ghar Investment”.
Kolkata-based wealthtech firm IC Moneymart, known for driving financial inclusion across India’s underserved cities, has announced its strategic expansion into Bihar and Jharkhand. This move is part of the company’s broader mission to make mutual fund investments accessible to every Indian household under its visionary campaign – “Har Ghar Investment”.
Redefining Financial Access in Emerging Markets
IC Moneymart, an AMFI-registered mutual fund distributor, has rapidly emerged as a trusted name in the fintech ecosystem. With a strong presence in B30 cities (locations beyond India’s top 30 metros), the company has already empowered thousands of investors through its simplified investment solutions, personalized advisory, and technology-driven platform.
Now, the company is deepening its roots in the eastern belt of India, where financial penetration remains low despite high aspirations.
Through this expansion, IC Moneymart aims to create a culture of investment and wealth-building in Tier 2, Tier 3, and rural areas of Bihar and Jharkhand.
A Vision Grounded in Purpose
The driving philosophy behind IC Moneymart’s growth is its commitment to “Har Ghar Investment” – the idea that every household, regardless of geography or income level, should have access to smart investment opportunities. The initiative focuses not just on distributing financial products, but on building long-term trust, literacy, and confidence among first-time and low-income investors.
“We believe that financial empowerment should not be a privilege limited to metros. Our expansion into Bihar and Jharkhand is a critical step toward realizing our vision of Har Ghar Investment. We are not just entering a market—we are committing to communities, to building trust, and to enabling a future where every family can participate in India’s financial growth story,”
— Ankit Chakrabarty, Founder & CEO, IC Moneymart
Enabling Growth Through Local Partnerships
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As part of its regional strategy, IC Moneymart is actively onboarding and empowering local partners, including financial advisors, CAs, tax professionals, insurance agents, and aspiring entrepreneurs. These partners will play a key role in educating investors, driving product adoption, and delivering personalized financial solutions at the grassroots level.
With a phygital infrastructure (physical + digital), IC Moneymart offers partners a suite of advanced tools including real-time dashboards, digital onboarding, investment tracking, and CRM systems—ensuring seamless scalability and enhanced client servicing.
Impact and Outcomes
• Financial Inclusion: Educating first-time investors in low-penetration regions
• Employment Generation: Creating 500+ partner-led micro-enterprises in the region
• Tech-Driven Simplicity: Multi-language mobile platforms and simplified interfaces for all users.
Future Outlook
With over ₹196 Cr in Assets Under Management and a growing pan-India investor base, IC Moneymart is well-positioned to become one of India’s leading retail wealthtech platforms. The company’s Bihar and Jharkhand expansion marks a significant milestone in its mission to make investing simple, inclusive, and rewarding for every Indian.
For partnership opportunities or investment services, visit www.icmoneymart.com