"InvestorAi Secures ₹80 Crore from Ashish Kacholia to Accelerate Growth and Expand Offerings"
In a significant boost for the burgeoning fintech sector, InvestorAi has secured ₹80 crore in equity funding from renowned stock market investor Ashish Kacholia and his associates. The investment, announced on Thursday, will be utilized to scale business operations and introduce new products, underscoring InvestorAi’s commitment to revolutionizing equity investment for tech-savvy millennials.
Founded in 2018 by Akshaya Bhargava, InvestorAi operates under Bridgeweave, a Sebi-registered research analyst firm. The platform leverages advanced artificial intelligence and cutting-edge technology to deliver superior investment outcomes. InvestorAi’s portfolio features over 15 equity baskets with diverse strategies, many of which have outperformed market indices over the past year and since inception.
Akshaya Bhargava, Chairman and co-founder of InvestorAi, highlighted the platform’s unique value proposition. “Sophisticated AI has traditionally been the domain of large hedge funds. We established InvestorAi with the vision of democratizing this advanced technology for retail investors. Our three-year track record reflects our commitment to delivering exceptional returns, consistently surpassing market indices,” Bhargava stated.
The investment arrives at a pivotal time, as India’s retail investor base grows rapidly. With approximately 150 million retail investors, expanding at a rate of three million per month, and the Indian stock market projected to reach $10 trillion by 2030, InvestorAi is poised to capitalize on this dynamic market. Currently, only 7% of household income is invested in direct equities, presenting a substantial opportunity for AI-driven investment guidance.
Bruce Keith, co-founder and CEO of InvestorAi, emphasized the platform’s technological edge. “Our AI models, trained on 14 years of stock market data, have delivered market-beating returns since 2022. Integrated with our next-generation delivery engine, InvestorAi YouTrade, our platform offers a seamless, one-click experience within brokers’ platforms,” Keith explained.
Positron, a Mumbai-based consulting and capital advisory firm, served as the exclusive advisor for this transaction, ensuring a smooth and strategic investment process.
InvestorAi’s latest funding round not only strengthens its operational capabilities but also enhances its potential to reshape equity investment in India, aligning with the country’s growing digital and financial ecosystem.