Sharan Hegde: Democratization of financial literacy has happened purely because of content creators

In the last one year, the entire finfluencer versus SEBI saga has been blown out of proportion, thanks to the media who likes making mountains out of a mole hill.

Regulators are definitely on the side of content creators because without that, the country is going nowhere because our traditional education system has let down billions of people, says entrepreneur and financial content creator Sharan Hegde.

Nikhil Kamath invests in Sharan Hegde’s The 1% Club

The 1% Club is a members-only platform founded by Sharan Hegde and Raghav Gupta. (From left to right: Sharan Hegde, Nikhil Kamath, Abhijeet Pai and Raghav Gupta)

The investment will help strategically position Hegde’s startup at the forefront of fintech innovation and influencer-driven businesses.

‘Finfluencer’ openly flouts norms, implies over 11,000% in a year

Mohammed Nasir or Md Nasir, who has a following of 69,400 on Twitter and of 3.65 lakh on YouTube, has been advertising an algo that is “expected” to deliver weekly profits of around 10 percent. (Representative Image: Micael Navarro via Unsplash)

Md Nasir, with a following of over 4 lakh across various platforms, even advertises his WhatsApp channel where he offers trading calls.