Otto Money

Otto Money, based in India, specializes in AI-driven wealth management solutions that empower individual investors with personalized investment planning and portfolio management tools. Otto Money is a wealth management platform designed for investors, founded in 2024 by Apurv Gupta and Ankur Lahoti and headquartered in Bengaluru, India. The firm has engaged in one significant funding deal, raising USD 1. 3 mn in a pre-seed round led by Pravega Ventures on February 16, 2026.

Otto Money primarily offers an AI-powered wealth management platform designed to facilitate intelligent and personalized investment planning for long-term portfolio growth. The platform caters to individual investors in India, focusing on wealth building and preservation through strategic investment strategies. Key features include portfolio tracking, financial health checks, personalized asset allocation recommendations, and expert investment advice, fostering informed financial decision-making. Otto Money's services are accessible via a mobile application available on both the App Store and Google Play Store, primarily targeting clients with varying levels of financial expertise.

Otto Money generates its revenue through service fees associated with its wealth management platform, which may involve subscription-based pricing for premium features and advisory services. Its direct-to-consumer model promotes tailored financial planning and investment strategies, aimed at achieving specific client financial goals. The company has secured USD 1. 3 mn in a pre-seed funding round, reflecting investor confidence in its growth potential and market impact.

Otto Money plans to utilize the USD 1. 3 mn raised in February 2026 to enhance its AI capabilities, improve personalization, and expand guidance services. The company aims to roll out new product features and pursue market entry into tier-1 cities in India by the end of 2026. The funding will also support hiring efforts across engineering, data science, and product teams to facilitate these initiatives.