InvestorAi’s technology integrates sophisticated AI models, including computer vision techniques that transform complex financial data into visual formats, thereby enhancing prediction accuracy
InvestorAi, an AI-driven equity investment platform, has successfully secured Rs 80 crores in a Series A funding round, led by Ashish Kacholia, the Founder of Lucky Investment Managers, along with his associates. The funding will be used to scale the company’s operations and develop new AI-based investment products to cater to the growing market in India. The transaction was advised by Positron, a Mumbai-based Consulting and Capital Advisory firm.
Founded in 2018, InvestorAi aims to leverage advanced AI technology to provide investors, particularly GenZ and Millennials, with effective investment solutions. The platform’s flagship product, InvestorAi Equity Baskets, has consistently outperformed market indices over the past three years. These AI-powered equity baskets, which include a variety of strategies, have delivered impressive returns, particularly in the last 12 months.
InvestorAi’s technology integrates sophisticated AI models, including computer vision techniques that transform complex financial data into visual formats, thereby enhancing prediction accuracy. The platform also utilises genetic algorithms and other advanced methods to create model portfolios, which are then made available to investors through partnerships with top broking firms such as HDFC Securities, Geojit, JM Financial Services, Yes Securities, and Axis Securities.
Akshaya Bhargava, Chairman and Co-Founder of InvestorAi, emphasised the company’s mission to democratize access to sophisticated AI technology, traditionally reserved for large hedge funds. He stated, “We set up InvestorAi with the vision of bringing this advanced AI technology to retail investors, and we pride ourselves in our three-year track record of delivering strong investment returns that have consistently beaten the index by a big margin.”
The Indian stock market, currently valued at dollar 4.8 trillion, is expected to reach dollar 10 trillion by 2030. Despite this growth, only 7 per cent of household income is invested in direct equities, presenting a significant opportunity for platforms like InvestorAi to guide new investors. The platform’s multi-product, multi-broker, and multi-manager approach, combined with its AI-generated market-beating content, positions InvestorAi uniquely in the wealthtech sector.
Ashish Kacholia, a veteran investor in the Indian capital markets, expressed his confidence in InvestorAi’s potential to cater to the new generation of investors. He remarked, “InvestorAi’s platforms and the InvestorAi suite of products leverage technology in an innovative way and are directly aimed at helping the new generation of investors in starting their wealth creation journey in one of the fastest and best-performing markets in the world.”
InvestorAi’s products are already available through several well-known brokerage firms, including HDFC Securities, Geojit, PL, JM Financial Services, Yes Securities, IIFL Securities, 5Paisa, and Axis Securities. With the fresh infusion of funds, the company is poised to expand its offerings and further solidify its position in the rapidly growing Indian market.