Upside AI, a SEBI registered investment management startup, has raised a seed round of $ 1.2 million, led by VC fund, Endiya Partners. Other investors in the round include Vijay Kedia – veteran stock market investor; Ajay Nanavati – Chairman of Quantum Advisors, previously Chairman of Syndicate Bank, MD of 3M; and Gopichand Katragadda – CEO of Myelin Foundry, ex-CTO of Tata Group.
Founded in 2017 by Kanika Agarrwal, Nikhil Hooda, and Atanuu Agarrwal, Upside AI spent a year in beta and went live with its products to external investors in July 2019.
The Mumbai-based startup is an investment company that uses machine learning and fundamental analysis to invest in the Indian stock market.
