InvestorAi is an equity investment platform that has secured $9.56 million in its series A funding round. This round was led by Ashish Kacholia and had the participation of other angel investors including the Lucky Investment Manager’s associates. The startup plans to use these proceeds to scale its business, enhance its services, introduce new products, and expand the market.
The wealth-tech platform uses artificial intelligence models and robotics to provide stock recommendations for the Indian market. The application provides recommendations for investors with easy-to-use investment solutions. The company offers investment solutions with recommendations and a one-click user experience. It also enables users with wealth management. The company claims to have around 15 equity baskets with different strategies. Entrackr reported that some of them are in their third year with compelling returns. The startup uses artificial intelligence to provide investment solutions and equity basket is one of its flagship products. The wealthtech platform offers its services through partnerships with other major broking firms including Yes Securities, HDFC Securities, Axis Securities, JM Financial Services, Axis Securities, Geojit, and PL.
InvestorAi empowers investors by providing a tech investment platform with AI-enabled model portfolios and automated intraday baskets. The platform allows users to unlock their equity portfolios. The company wants to use some of this investment to develop its market presence in the wealth-tech sector. The Co-founder of Investor AI, Akshaya Bhargava mentioned in an interview with Inc42 that the company focuses on creating advanced artificial intelligence technologies accessible to retail investors. The startup highlighted that they recorded strong returns in a three-year track record that surpassed the previous index by a huge margin.
The startup claims to offer a secure and personalized platform for investors to invest in the startups. The firm plans to use this investment to strengthen its platform, make it more secure and expand its services across the country. InvestorAi intends to use this amount to scale up its in-house infrastructure, enhance AI capability, and product development, and advance its technology. The company provides a wealth management platform with AI-enabled features for investors. The company faces competition from other tech investment platforms in this sector. The development came just after the wealth tech sector saw increased investor interest globally.
Conclusion:
Investor AI is an artificial intelligence-based wealth tech startup offering an online equity investment platform that provides investment solutions to its users. The startup got fresh capital of $9.56 million from Elevation Capital in its series A funding round. The funding round had participation from several angel investors including the founder of Lucky Investment Manager, Ashish Kacholia. The company intends to use this fresh capital to scale up its operations, expand its offerings, enhance its performing capabilities, and develop its market presence. The company aims to transform the investments and wealthtech sector across India. InvestorAi uses advanced and artificial technologies to provide investment solutions. The startup claims to work closely with brokerage companies like YES Securities, Axis Securities, JM Financial Services, and more to provide its services.
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