Founded in 2025 by Apurv Gupta and Ankur Lahoti, Otto Money offers an AI-powered platform that offers data-driven and multi-asset wealth guidance to retail investors.AI-powered wealthtech startup Otto Money has raised $1.3 million in a pre-seed funding round led by Pravega Ventures.
The round also saw participation from angel investors including Rishi Kohli, Amit Gupta, Amit Agarwal, and Mohit Aron.
The Bengaluru-based startup plans to deploy the capital over the next 12–18 months to strengthen its AI models, deepen personalisation, and expand its tech capabilities.
“Indian investors today have access to more financial products than ever before, but clarity hasn’t scaled at the same pace. Otto Money is built to address that gap, using AI to help investors understand their choices, manage risk consciously, and stay aligned with long-term goals rather than short-term noise,” *said Apurv Gupta, co-founder of Otto Money.
A major portion of the funds will also be allocated toward hiring across engineering, data science and product, alongside go-to-market initiatives in Tier-I cities through partnerships and brand-building efforts.
Founded in 2025 by Apurv Gupta and Ankur Lahoti, Otto Money offers an AI-powered platform that offers data-driven and multi-asset wealth guidance to retail investors.
“While most of the industry is still pushing products, Otto is using AI to give Indian investors something much rarer with an institutional-grade clarity. This isn’t just about better advice but about reshaping the relationship between people and their money,” said Rohit Jain, partner at Pravega Ventures.
Over the next two to three years, the company aims to expand AI offerings across more investment scenarios and scale across major Indian metros.
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