Hyderabad-based fintech startup Kalpi has raised ₹3.75 crore in a seed funding round from Rainmatter Capital as it looks to expand its rule-based investing platform for retail and institutional investors.
The fresh capital will be used to strengthen the company’s team, acquire datasets, improve product capabilities, and scale distribution across both retail and institutional segments.
Founded in 2025 by Ashwar Gupta, Kalpi is building a systematic investing platform that enables users to build, backtest, automate, and execute quantitative investment strategies across equities, ETFs, and mutual funds.
The startup currently operates two separate products: Kalpi.ai for retail investors and KalpiQuant.com for institutional clients including PMS firms, AIFs, RIAs, brokers, and family offices.
Its retail-focused platform allows users to create stock baskets, analyse portfolios, and invest directly through broker integrations, while the institutional platform offers advanced capabilities such as portfolio optimisation, factor analysis, risk attribution, and backtesting tools.
According to the company, institutional-grade quantitative infrastructure that traditionally costs hedge funds between ₹1 crore and ₹2 crore to build can now be accessed through its platform at a significantly lower cost.
The funding comes amid growing interest in AI-driven investing, algorithmic trading, and systematic wealth management tools as fintech startups increasingly look to simplify quantitative investing for a wider investor base in India.
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