InvestorAi Raises Rs 80 Crore in Funding

InvestorAi, an AI-powered equity investment platform, has secured Rs 80 crores in a Series A funding round from prominent investor Ashish Kacholia and his associates, with plans to scale operations and introduce new products. Founded in 2018, the platform utilizes advanced AI models to provide stock recommendations tailored for millennials and Gen Z investors, boasting over 15 investment baskets that have outperformed market indices for the past three years. Akshaya Bhargava, the Chairman and co-founder, emphasized the potential of the Indian market, citing its robust digital infrastructure and rapid growth in retail investor accounts. InvestorAi aims to democratize access to sophisticated investment technology, leveraging partnerships with leading brokerage firms for broader reach. With India's retail investor base currently around 150 million and growing rapidly, InvestorAi is well-positioned to capture this expanding market. The funds will also support enhancements to their technology and product offerings.