Finance education is essential for managing personal finances. In today’s digital era, Finance Educators, aka Finance Influencers, have emerged to make things more accessible so you can understand them better. Financial influencers are here to help you manage your finances more effectively. Financial education has become accessible quickly because the Finance Influencers are here to help us. 

Neha Nagar @iamnehanagar

Neha Nagar is a CA dropout who started her content creation journey during the pandemic. She is based in Noida and worked in a BPO to save money for her MBA in finance. Now, she owns a taxation consultancy company called TaxationHelp.in. Her content is based on various subjects, from finance, cryptocurrency, taxation, stock market, trading, and government schemes. She has 1.8 million followers on Instagram, a huge turning point. 

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A post shared by Neha Nagar | Filmy Finance (@iamnehanagar)

Neha Nagar’s influence in the finance industry is a personal achievement, her expertise and dedication are recognized. Crowned as the Finfluencer of the Year by NDTV and Exhibit, she is a former wealth manager, entrepreneur, and angel investor with over eight years of experience. Her content, delivered in a unique and engaging filmy style. However, she is a testament to her commitment to ‘Educating To Master Your Money ‘.

Here is a financial Tip by Neha:

Regularly investing in SIPs can be a powerful strategy for growing wealth. This simple yet effective advice has the potential to transform your financial future.

Himani Chaudhary @thehimanichaudhary

Himani Chaudhary craves a happy ending in financial health from Delhi. She is a full-time content creator, investor, and part-time trader (Swing Trading). Her mission is to simplify finance through her financial education. 

Himani is an NISM-certified research Analyst and an AMFI-regulated Mutual Fund Distributor. She served Deloitte as a Risk Manager for 4 years and studied Data Analytics at IIT Delhi. 

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A post shared by Himani Chowdhary | Finance (@thehimanichaudhary)

She is a founder of financial.vines. Here, she provides 24-hour Trending Market & Finance Updates. She also gives over 40 Free Online Calculators & Excels to Optimize Personal Finance. 

Her videos cover investments, credit cards, new government rules, stock market, mutual funds, taxes, and financial news.

Here is a financial Tip by Himani:

If you want to take a loan from a bank, always negotiate with 2-3 banks and remove or reduce the processing fee, which can save your lakhs of rupees. 

Udayan Adhye @udayanonmoney

Udayan Adhye is here to simplify finance and investing with his easy tips and tricks. He has been licensed since 2015 and is AMFI & IRDAI registered. He is a Pune-based financial content creator who helps people understand money.

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A post shared by Udayan Adhye | Finance & Investing (@udayanonmoney)

Udayan creates monthly personal finance content that reaches over 20 lakh people and has an Instagram family of 441K followers. He is also the co-founder of an investments and insurance business that works with over 300 families across India. Moreover, They manage a 9-figure+ portfolio in client assets and advise more than 1000 families in the insurance sector. 

He is also a Thriller Novelist with over 50K readers worldwide. He has written a four-book thriller novel series – The Siya Rajput Crime Thrillers. A leading Mumbai-based production house has optioned the series to be a TV show and a major motion picture.

Here is a financial Tip by Udayan:

Invest 10%- 20% of your monthly income in SIPs. Start with a small amount and increase it as and when possible.

Investment should be done with proper knowledge of finance, and these financial influencers can help make it easy and accessible. Follow them to make your financial investments more efficient. 

You should invest wisely with the help of creators discovered on The Reelstars!

Zerodha co-founder Nikhil Kamath has joined forces once again with entrepreneur Vijay Subramaniam, this time by investing in Collective Artists Network (CAN), a talent management agency led by Subramaniam. This marks Kamath’s second venture with Subramaniam.

The investment facilitates a significant return (over 5x) for InMobi’s Glance, which had previously invested in CAN in 2021. This signals a strategic exit for Glance.

Collective Artists Network

Originally known for its expertise in talent management, Collective Artists Network has evolved into a multifaceted new media powerhouse. Its services now encompass talent management, creator tech, production, creative strategy, influencer marketing, youth marketing, sports sponsorship and consulting, and media distribution. This broad-based approach, as per the company, aims to redefine the creator-driven new media landscape and maximize impact in today’s dynamic media scene.

Collaboration and Shared Vision

This investment comes on the heels of a recent collaboration between Collective and Kamath-backed Gruhas. Together, they launched the ‘Gruhas Collective Consumer Fund (GCCF)’ to support consumer-focused businesses and attract external investments. The fund offers not just financial backing but also mentorship and operational assistance. Furthermore, empowering portfolio companies in marketing and brand building.

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A post shared by Vijay Subramaniam (@vijaysubramaniam84)

Kamath and Subramaniam Have A Shared Belief in the Evolving Media Landscape

Commenting on the investment, Kamath stated that supporting Collective’s vision feels like a natural progression. He has closely observed the company’s growth over the past few years. Furthermore, shares a similar outlook on the potential of the Indian media scene. He expressed his enthusiasm for being part of Collective’s journey as they challenge the status quo and redefine the media landscape and creator ecosystem.

Vijay Subramaniam, Collective’s Founder and Group CEO, echoed Kamath’s sentiment. He views Kamath’s investment as more than just financial support; it signifies the trust and collaboration they’ve built over time. Subramaniam has long emphasized the need to institutionalize the largely unorganized media and entertainment space in India. This vision, he believes, will ensure shareholder value and set new benchmarks in media, technology, and entertainment.

Subramaniam further acknowledged Glance’s role as a valuable partner and expressed his appreciation for their trust in Collective. He also highlighted his shared belief with Kamath that India is poised to become a global media powerhouse. However, with media and entertainment playing a pivotal role in the country’s growth story.

Stay tuned for more updates on this new collaboration between the Bangalore-based entrepreneurs.

India’s influencer marketing space is experiencing a period of explosive growth, fueled by the increasing power of social media and the growing influence of content creators. A recent report by EY and Collective Artists Network’s Big Bang Social, titled “The State of Influencer Marketing in India,” paints a promising picture for the industry, projecting a surge of 25% in 2024, reaching a value of INR 2,344 crore. This upward trend is expected to continue, with the market reaching an estimated INR 3,375 crore by 2026.

The report highlights a key factor propelling this growth: the dominance of social media in the lives of Indian consumers. With a staggering 50% of mobile usage dedicated to these platforms, and the projected rise of smartphone users to 740 million by 2030, social media offers a powerful avenue for brands to connect with their target audience. Recognizing this shift, marketers are increasingly integrating influencer marketing into their overall strategies, with a whopping 75% expected to consider it by the end of 2024.

The report emphasizes that Indian brands are prioritizing quality over quantity when it comes to influencer selection. Gone are the days of solely focusing on mega-influencers with massive followings. Today, brands are placing greater value on engagement rates and the influencer’s ability to connect with the desired audience in an authentic manner. However, This shift in focus creates an opportunity for micro and nano influencers who boast highly engaged communities.

Interestingly, the survey reveals that nano influencers, those with the smallest following sizes. Furthermore, achieve the highest engagement rates compared to other categories. This, coupled with their lower cost per reach, makes them an attractive proposition for brands looking. Besides, to maximize the impact of their influencer marketing campaigns. In fact, 47% of brands surveyed reported a preference for working with micro and nano influencers.

While micro and nano influencers are gaining traction, the report acknowledges the continued importance of mega. Furthermore, macro influencers in driving brand awareness and fostering loyalty. Savvy brands are striking a strategic balance, leveraging both categories to achieve their marketing objectives.

The report also explores the growing importance of specific sectors within the influencer marketing landscape. Lifestyle, fashion, and beauty are expected to remain dominant players, while automobile, e-commerce, and FMCG (Fast-Moving Consumer Goods) are projected to see the most significant increases in influencer marketing spending.

However, the report also identifies key challenges. Brands struggle to accurately measure the Return on Investment (ROI) of their influencer marketing campaigns. Besides, on the other hand, face difficulties in building long-term audience loyalty and maintaining their credibility.

The report concludes on a positive note, highlighting the evolving strategies of brands. Many are building in-house influencer marketing teams while simultaneously engaging with agencies to leverage their expertise. As the influencer marketing industry matures, both brands and influencers will need to adopt innovative approaches. Moreover, foster collaborative partnerships to navigate the dynamic and competitive Indian market.

This report, based on a survey of CMOs, influencers, agencies, and individuals. However, offers valuable insights into the current state and future potential of influencer marketing in India. It’s clear that this space is poised for continued growth, offering exciting opportunities for brands, creators, and the Indian digital marketing landscape as a whole.