TIFIN, a financial platform powered by artificial intelligence (AI), has made its entry into the Indian market by introducing MyFi. MyFi is a conversational AI assistant that provides personalized investment advice.
MyFi utilizes research-driven, evidence-based financial intelligence and AI algorithms to produce customized investment advice tailored to the users’ investment portfolios.
MyFi is a customized product tailored exclusively for the Indian market. Kiram Nambiar, co-founder and CEO of MyFi, stated that MyFi takes inspiration from its successful counterpart, magnifi, which has already established itself in the United States.
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TIFIN aims to transform wealth management results in India as part of a strategic effort to reinforce its dedication to the region and its purpose of creating a significant impact through rapid innovation. MyFi is a Registered Investment Advisor (RIA) that is duly registered with SEBI and operates in strict compliance with all applicable government rules.
Currently, MyFi is focused on serving the needs of current mutual fund investors in India. However, there are plans to also include new investors in the future.
Vinay Nair, TIFIN founder, chairman and CEO, said: “MyFi leverages learnings from TIFIN’s portfolio but is built in India and tailored specifically for Indian investors to facilitate informed, long-term financial decision-making,”
About TIFIN
Founded in 2018 by Vinay Nair, TIFIN is an AI and innovation platform for better wealth outcomes. Founded by Dr. Vinay Nair, TIFIN creates and operates new companies that apply data science, AI, and technology to address frictions in wealth and asset management.
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