Get All Access for $5/mo

Weathtech platform Investor AI Raises ₹80 Crore in Series A from Ashish Kancholia AI-enabled equity investment platform InvestorAi has announced an INR 80 crore Series A funding round from Ashish Kacholia, Founder, Lucky Investment Managers.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

AI-enabled equity investment platform InvestorAi has announced an INR 80 crore Series A funding round from Ashish Kacholia, Founder, Lucky Investment Managers.

The company said in a release that it will utilize the funds to scale the business and add new products. Mumbai-based Positron, a consulting and capital advisory firm was the exclusive advisor to this transaction.

InvestorAI was founded in 2018 and has since used AI to produce successful investment outcomes for a wide array of investors. According to the company, it uses AI models and robotics to make stock recommendations and package these into an easy-to-use combination and deliver a one-click user experience.

Commenting on the investment, Akshaya Bhargava, Chairman and Co-Founder, InvestorAi said that Sophisticated AI has long been the exclusive preserve of big hedge funds like Renaissance and Citadel. "We set up InvestorAi with the vision of bringing this advanced AI technology to retail investors and we pride ourselves in our 3-year track record of delivering strong investment returns that have consistently beaten the index by a big margin."

InvestorAi boasts over 15 equity baskets, each coming with different strategies and some of them are now in their 3rd year, with compelling returns according to the company.

Adding to this, Bruce Keith, Co-founder and CEO, InvestorAi, said, "The Indian stock market is expected to reach USD 10 trillion by 2030 from the current USD 4.8 trillion market cap. However, only 7 per cent of households' income is invested in direct equities. This presents a largely untapped market opportunity that can be leveraged by use of AI-led equity financing guidance."

Ashish Kacholia, Founder, of Lucky Investment Managers, said, "We believe that InvestorAi's domain expertise in investments, products, innovative technology, and a very experienced team really makes InvestorAi one of the true outliers in the wealthtech segment."

InvestorAi products are currently available through HDFC Securities, Geojit, PL, JM Financial Services, Yes Securities, IIFL Securities, 5Paisa, and Axis Securities.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

News and Trends

Indian Venture Ecosystem Poised for Global Ascent: Recovery, IPO Resurgence, and 'Building for Bharat' to Define 2025

India's GDP is poised to scale from USD 4 trillion to USD 8 trillion over the next decade and will offer a playground that is remarkable for both founders and venture capital (VC) firms, said Pranav Pai, Founding Partner and CIO at 3one4 Capital.

News and Trends

Uber Launches Moto Women in Bengaluru, Connecting Female Riders with Female Drivers

Uber Moto Women aims to ensure safety with real-time trip sharing, anonymised contact details, and RideCheck monitoring for irregularities. It also offers 24x7 priority support via Uber's Safety Helpline for women riders and drivers.

News and Trends

Talent, Digital Infra, Policy, and Startups Driving India's GCC Ecosystem

By leveraging its demographic dividend and evolving policies, India is uniquely positioned to become the preferred choice for global enterprises seeking scalability, resilience, and a future-ready operational base.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Key Cybersecurity Trends to Track as Threats Evolve

India has lost INR 11,333 crore to cyber fraud in just the first nine months of 2024. Nevertheless, with increasing cyber threats and public awareness, companies are taking proactive steps to safeguard their networks and devices.