Wealthtech startup Otto Money has raised $1.3 million in a pre-seed funding round led by Pravega Ventures. The round also saw participation from angel investors including Rishi Kohli (Jio BlackRock AMC), Amit Gupta, Amit Agarwal, and Mohit Aron, along with existing backers.
The fresh capital will be used over the next 12–18 months to strengthen its AI models, enhance personalisation features, expand goal-based advisory capabilities, and build its engineering and data science teams. The startup also plans go-to-market initiatives across tier I…

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