VC Fund Investments
Robo investments startup Upside AI raises $1.2 M from Endiya Partners, others
Mumbai-based investment management startup Upside AI has raised USD 1.2 million in a seed funding round led by Endiya Partners. Veteran stock market investor Vijay Kedia, Quantum Advisors chairman Ajay Nanavati and Myelin Foundry CEO Gopichand Katragadda also participated in the funding round. The startup plans to use the funds raised to scale up its distribution, product, and tech teams that will focus on growing assets under management (AUM) from high net-worth individuals, family offices, and institutional investors. Upside AI is registered with Sebi as a portfolio management service and is currently focused on building products that follow a rules-based, systematic approach to investing.
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