VC Fund Investments
Wealth-tech co. InvestorAi attracts Rs.80-Cr
Bengaluru-based wealth-tech startup InvestorAi has attracted INR 80 crore (USD 9.56 million) in a Series A funding round led by Ashish Kacholia. The company plans to use the fresh capital to scale its operations and develop new artificial intelligence (AI)-driven investment products.Founded in 2018, InvestorAi creates stock recommendations for retail investors. Its flagship product, InvestorAi Equity Baskets, claims to have outperformed market indices consistently since its launch three years ago.The startup offers its products through partnerships with broking firms, including HDFC Securities, Geojit, PL, JM Financial Services, Yes Securities, and Axis Securities.
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