Wealthtech Startup InvestorAi raises INR 80 crore for Scaling its Business

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AI-powered equity investment platform InvestorAi has announced that it has raised Rs 80 crores in a Series A round for scaling the business and adding new products.

Founded in 2018, InvestorAi has a singular, outcome focused mission – to use AI technology to produce winning investment outcomes for GenZ, Millennials and other digital investors.

Its products use AI to create stock recommendations for the Indian market. These recommendations are then packaged into easy-to-use investment solutions that combine recommendation and delivery into a one-click user experience.

Company’s proprietary AI techniques and models use sophisticated methods such as computer vision to convert complex financial data into images (exponentially increasing prediction accuracy) and genetic algorithms as well as other techniques to create investment-ready equity baskets (model portfolios).

InvestorAi has over 15 equity baskets with different strategies and some of them are now in their 3rd year, with compelling returns. All baskets have significantly beaten the index in last 12 months as well as since inception.

The AI models that power the platform have been trained using 14 years of stock market data and have delivered market beating returns consistently since 2022.

Moreover, the AI models are integrated with a next generation delivery engine called InvestorAi YouTrade, which provides a one-click experience integrated within the broker’s own mobile or on-line platform.

 “India’s retail investor base is currently around 150 million and growing at 3 million a month. The Indian stock market is expected to reach $10 trillion by 2030 from the current $4.8 trillion market cap. However, only 7% of households’ income is invested in direct equities. This presents a large untapped market opportunity which can be leveraged by use of AI-led equity financing guidance,” Bruce Keith, Co-founder and CEO, InvestorAi, said.

InvestorAi products are currently available through some of the most reputed names in the broking industry that include HDFC Securities, Geojit, PL, JM Financial Services, Yes Securities, IIFL Securities, 5Paisa and Axis Securities.



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Wealthtech Startup InvestorAi raises INR 80 crore for Scaling its Business


AI-powered equity investment platform InvestorAi has announced that it has raised Rs 80 crores in a Series A round for scaling the business and adding new products.

Founded in 2018, InvestorAi has a singular, outcome focused mission – to use AI technology to produce winning investment outcomes for GenZ, Millennials and other digital investors.

Its products use AI to create stock recommendations for the Indian market. These recommendations are then packaged into easy-to-use investment solutions that combine recommendation and delivery into a one-click user experience.

Company’s proprietary AI techniques and models use sophisticated methods such as computer vision to convert complex financial data into images (exponentially increasing prediction accuracy) and genetic algorithms as well as other techniques to create investment-ready equity baskets (model portfolios).

InvestorAi has over 15 equity baskets with different strategies and some of them are now in their 3rd year, with compelling returns. All baskets have significantly beaten the index in last 12 months as well as since inception.

The AI models that power the platform have been trained using 14 years of stock market data and have delivered market beating returns consistently since 2022.

Moreover, the AI models are integrated with a next generation delivery engine called InvestorAi YouTrade, which provides a one-click experience integrated within the broker’s own mobile or on-line platform.

 “India’s retail investor base is currently around 150 million and growing at 3 million a month. The Indian stock market is expected to reach $10 trillion by 2030 from the current $4.8 trillion market cap. However, only 7% of households’ income is invested in direct equities. This presents a large untapped market opportunity which can be leveraged by use of AI-led equity financing guidance,” Bruce Keith, Co-founder and CEO, InvestorAi, said.

InvestorAi products are currently available through some of the most reputed names in the broking industry that include HDFC Securities, Geojit, PL, JM Financial Services, Yes Securities, IIFL Securities, 5Paisa and Axis Securities.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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