Savart
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Savart - overview
Established
2017
Location
Hyderabad, Telangana, India
Primary Industry
Financial Services
About
Based in Hyderabad, India, and founded in 2017 Svobodha Infinity Investment Advisors Pvt. Ltd. dba Savart provides a wealth management platform helping people to make sound investment decisions. The company was founded by its CEO Sankarsh Chanda.
In September 2022, the firm raised USD 1. 5 million in pre-series A funding co-led by investors 9Unicorns and Venture Catalysts. Returning investor BEENEXT and individual investors also participated in the round. The company offers artificial intelligence-based research and recommendation that helps its clients to make an investment decision regarding stocks, mutual funds, bonds, etc.
The firm’s technology is known as advanced process automation and research technology (APART) which controls end-to-end processes spanning and uses machine learning with human analysis to automate the process of advice and research. The company generates its revenue by charging INR 4999 for all its wealth-building services. The company plans to use the September 2022 funding for marketing, product suite expansion, and to expand globally.
Current Investors
BEENEXT, Venture Catalysts, 100Unicorns
Primary Industry
Financial Services
Sub Industries
Investment Banking
Website
www.savart.com
Verticals
Artificial Intelligence, FinTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
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