Raise Financial drops Artham, an AI made for India's stock market
Raise Financial just launched Artham, a new AI model built specifically for India's capital markets.
The big reveal happened at AWS re:Invent in Las Vegas, and it comes after Raise scored $120 million in fresh funding led by Hornbill Capital, with participation from Japan's Mitsubishi UFJ Financial Group, Beenext, investor Ramesh Damani, the DSP Family Office, the JM Financial Family Office, and White Oak Capital CEO Aashish Somaiyaa.
This move aims to help Raise grow faster and bring smarter tools to Indian investors.
What makes Artham special?
Artham is a deep learning model trained on tons of Indian financial data and regulatory filings over nine months.
It's already plugged into Raise's apps like Dhan, Fuzz, and ScanX—so users can get real-time insights while trading or tracking the markets.
Fun fact: Raise was founded in 2021 by ex-Paytm Money CEO Pravin Jadhav, and their revenue has shot up from ₹380 crore last year to an estimated ₹900 crore this year, with profits finally rolling in too.