Indian equity research and analytics startup Multibagg AI has raised ₹1.5 crore in a pre-seed funding round led by AJVC, marking an important early milestone in the company’s growth journey. With this round, the startup’s total funding now stands at ₹2.15 crore, which also includes an earlier contribution of ₹65 lakh from friends and family.
The newly raised capital will be used to strengthen Multibagg AI’s technology platform, hire key talent across engineering and research functions, and further enhance its AI-driven equity research capabilities. The funding comes at a time when retail participation in Indian equity markets is rising rapidly, increasing the demand for reliable, data-backed research tools.
Making Equity Research More Accessible
Multibagg AI is building an AI-native equity research platform focused on empowering retail investors with insights that were traditionally available only to institutional investors. The platform uses artificial intelligence to analyse market data, company fundamentals, and trends, helping users make informed decisions without needing deep financial expertise.
According to the company, India has a significant shortage of qualified research analysts compared to the growing number of investors entering the stock market. With millions of new demat accounts added over the last few years and a limited pool of registered research professionals, access to high-quality research remains a challenge. Multibagg AI aims to bridge this gap by using AI as a scalable research partner for everyday investors.
Early Traction Signals Strong Demand
Despite being at an early stage, Multibagg AI has shown encouraging traction since launching its beta version around six months ago. The platform has already onboarded over 10,000 users and reached annual recurring revenue of more than ₹10 lakh.
User engagement has also been strong, with investors linking portfolios worth over ₹5,000 crore to the platform. This indicates growing trust among users who are willing to integrate Multibagg AI into their investment workflows. The startup’s AI assistant, which helps answer investment-related queries and provides stock insights, has emerged as one of its most actively used features.
Long-Term Vision and Roadmap
Looking ahead, Multibagg AI plans to expand beyond its current offerings and develop deeper analytical tools that can cater to both beginners and experienced investors. The company envisions building a globally scalable fintech platform focused on equity research, an area that remains largely underserved by consumer-friendly technology solutions.
The fresh funding will support improvements in product accuracy, coverage of stocks and sectors, and overall user experience. As competition in the fintech and wealth-tech space intensifies, the company believes that a strong AI-first approach can help differentiate its platform in the long run.
Investor Confidence in Early-Stage Fintech
The round was led by AJVC, a pre-seed venture capital firm known for backing early-stage startups across technology-driven sectors. The investment reflects growing investor confidence in AI-led financial platforms that address real gaps in the market.
With a stronger capital base and early user validation, Multibagg AI is now positioned to focus on execution and scale. As retail investors in India increasingly look for smarter tools to navigate volatile markets, platforms that simplify research and improve decision-making could play a key role in shaping the future of investing.
The pre-seed funding round marks a crucial step for Multibagg AI as it works towards redefining how equity research is consumed by retail investors in India, with ambitions that extend well beyond domestic markets.