Multibagg AI, an AI-native equity research platform, has raised Rs 1.5 crore in a pre-seed funding round led by AJVC. Prior to this, the startup had secured Rs 65 lakh from friends and family, bringing its total capital raised to Rs 2.15 crore.
The fresh funds will be primarily deployed towards team expansion and product development, as Multibagg AI strengthens its AI-driven research and analytics capabilities for retail stock market investors in India.
Launched just six months ago in beta, Multibagg AI provides institutional-grade equity research and analytics through its AI-native platform. The startup aims to bridge the gap between the increasing number of retail investors and the limited availability of qualified research professionals.
The platform has already crossed 10,000 users, with connected portfolios exceeding Rs 5,000 crore. It has also achieved over Rs 10 lakh in annual recurring revenue (ARR), reflecting strong early adoption. Users actively interact with its AI assistant for research-related queries, highlighting the platform’s growing traction in the retail investing segment.
Aaditya Anand, Founder & CEO, Multibagg AI, said, “Our platform is built to democratize institutional-grade research for retail investors. By leveraging AI, we are closing the gap between retail investors and qualified research professionals, making high-quality insights accessible and actionable.”
AJVC, the lead investor, has a track record of supporting early-stage startups across diverse sectors. Its recent investments include AI email client Faraday, fintech startup Chop Finance, AI 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.
With this funding, Multibagg AI plans to accelerate its roadmap, scale its AI capabilities, and expand its team to further enhance its equity research platform, aiming to build a global fintech company from India in the multi-billion-dollar equity research market.
By: Arushi Agarwal
