AI-native equity research platform Multibagg AI has raised ₹1.5 crore in a pre-seed funding round led by AJVC. The startup had earlier raised ₹65 lakh from friends and family, taking its total capital raised to ₹2.15 crore.
Use of Funds
The company said the fresh capital will be used primarily for team expansion and product development, with a focus on strengthening its AI-driven research and analytics capabilities. Multibagg AI aims to improve the depth and speed of insights delivered to retail investors through automation and data-led models.
Product and Market Focus
Multibagg AI offers institutional-grade equity research and analytics to retail stock market participants in India via an AI-native platform. The startup is positioning itself in the equity research segment, which it sees as a multi-billion-dollar opportunity, with plans to build a globally relevant fintech company from India.
Traction and Metrics
According to the company, the platform has crossed 10,000 users and reached more than ₹10 lakh in annual recurring revenue. Since launching its beta about six months ago, users have connected portfolios worth over ₹5,000 crore and engaged extensively with the platform’s AI assistant for research and analysis.
Founder Commentary
Aaditya Anand, founder and chief executive officer of Multibagg AI, said the platform is designed to address the widening gap between the rapid growth in retail investor participation and the limited availability of qualified equity research professionals.
About the Investor
AJVC has been active in backing early-stage startups across sectors. Its recent investments include AI email client Faraday, fintech startup Chop Finance, AI-led verification platform TruFides AI, civic-tech venture Jaagruk Bharat, consumer brand Mithila Foods, mobility services startup GaadiMech, proptech firm Iztri, and sustainability-focused startup Nuyug.
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