Archive · 12 Nov 2025
Ikashi Group to Expand to Visakhapatnam and Singapore
Imagine a company that helps people learn about money and invest it safely.
This company is called Ikashi Group.
They already have offices in a few places and are doing really well, making about 120 crore rupees!
Now, they want to open a new office in a city called Visakhapatnam.
They also plan to open their very first office in another country, Singapore!
The boss, L Prasad Reddy, believes that everyone should understand their money.
He is focusing a lot on people in the Telugu states because he feels many there are curious about finance but don't have easy access to good information.
He wants to help them become smarter with their money.
Ikashi Group, a diversified wealth-tech company, is expanding its operations.
The company plans to open a new branch in Visakhapatnam and its first international unit in Singapore.
Ikashi Group is currently a Rs 120-crore company with existing operations in Hyderabad, Pune, and Malkapur.
Founder L Prasad Reddy emphasizes empowering individuals to control their finances and aims to bridge the financial literacy gap.
A strategic focus remains on the Telugu states due to a perceived lack of structured financial education and credible investment tools.
- Who
- Ikashi Group, a fintech company led by founder L Prasad Reddy
- What
- Is expanding its operations to Visakhapatnam and planning its first international unit in Singapore.
- When
- Soon (for Visakhapatnam branch)
- Where
- Visakhapatnam, India, and Singapore
- Why
- To bridge the financial literacy gap and drive grassroots growth, with a strategic focus on the Telugu states due to underserved regions and the founder's personal connection to his roots.
- Company
- Ikashi Group
- Industry
- Fintech / Wealth-tech
- Current Operations
- Hyderabad, Pune, Malkapur
- Revenue
- Rs 120 crore
- Planned Expansion
- Visakhapatnam (domestic), Singapore (international)
- Founder
- L Prasad Reddy