Money, the financial services arm of Reliance Capital and a Reliance ADAG company, has launched a mobile finance application with Webaroo, the mobile technology company.
The first such mobile portal for finance in India can be accessed through an application downloaded at www.webaroo.com/rmoney through any GPRS or Internet-enabled mobile phone. The application is available for free from Reliance Money and the customer needs to pay only for the data access.
The portal will provide information on the stock market, financial market and the company's in-house research. Webaroo has created the application and the interface for the portal.
In April, Reliance Money rolled out digital kiosks for the trading services of Reliance Money. The company aims to roll out 10,000 kiosks in the country by March 2008. In June, the company set up its kiosks in web-enabled Barista outlets.