InvestorAi, an equity investment platform, has successfully secured Rs 80 crore (about $10 million) in a Series A funding round led by Ashish Kacholia, the founder of Lucky Investment Managers, along with his friends.
The funds will be utilized to expand the business operations and introduce other items.
InvestorAi utilizes artificial intelligence models and robotics to generate stock recommendations specifically tailored for the Indian market. These recommendations are subsequently bundled into user-friendly investing solutions that integrate both recommendation and delivery, providing a streamlined user experience with just one click.
Read also – Revrag Secures $600K Pre-Seed Funding Round
The startup asserts that it possesses more than 15 equities baskets employing diverse methodologies, some of which have reached their third year and have yielded impressive results. All baskets have outperformed the index both in the past 12 months and since their creation.
The company’s products are currently offered in the broking business through various platforms such as HDFC Securities, Geojit, PL, JM Financial Services, Yes Securities, IIFL Securities, 5Paisa, and Axis Securities.
About InvestorAi
Founded in 2018 by Ashish Kacholia, Â InvestorAi uses artificial intelligence to create stock recommendations for retail investors in India. Its flagship product, InvestorAi Equity Baskets, claims to have outperformed market indices consistently since its launch three years ago.
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