CoinSwitch Parent Unveils Stock Broking App

CoinSwitch's parent company, PeepalCo, has launched a new stockbroking app called Lemonn, entering the competitive space of stock trading.

Lemonn aims to compete with established Indian stock broking apps like Zerodha and Groww by offering unique features and services.

The app provides zero brokerage for the first three months and no fees for account opening, appealing to new investors.

Lemonn offers a curated industry-based stock offering and a detailed glossary explaining financial and market-related terms to educate users.

The app currently supports equity investments, with plans to expand into mutual funds and IPOs, targeting a broader investment market.

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