Tag: Akshaya Bhargava

Business

Paytm Money revolutionizes the way users invest and track markets; introduces India’s first intelligent messenger for investments

Jan 29, 2022 by Praveen 0 Comments #Akshaya Bhargava, #India’s first intelligent messenger for investments, #One97 Communications Limited, #Paytm Money, #Pops, #Varun Sridhar

One97 Communications Limited which owns the brand Paytm, India’s leading digital payments and financial services platform, today announced that its wholly-owned subsidiary Paytm Money has introduced India’s first intelligent messenger, revolutionizing the way users invest and track markets.

The company has launched ‘Pops’, with which users can receive specific information related to their stocks, analysis about their portfolio, market news, and important market movements in an easy to consume format, all in one place. The platform will also serve as a marketplace to offer sophisticated stock recommendations, news insights, and other services. Paytm Money is partnering with InvestorAi to offer stock recommendations based on signals generated using artificial intelligence. The company has also partnered with Daily Brief, which simplifies news by parsing through multiple sources and offering key takeaways.

Over the past couple of years, India has seen a sharp rise in investment activity with many new investors entering the market. While these investors seek to learn & track their investments, there is an abundance of sources providing news, analysis, charts, and other information. This often results in confusion about the investment process. Now, with Pops on the Paytm Money app, these investors can monitor their portfolios regularly and learn from the market movements with alerts curated for them.

Varun Sridhar, CEO, Paytm Money said, “We strive to give our users the best experience with innovative insights that helps them in their investment journey. With Pops, we are leveraging artificial intelligence to offer personalized information on investors portfolio and market movements at one place. We are pleased to partner with InvestorAi, to offer sophisticated stock recommendations and are confident that it will help investors make informed decisions.”

Akshaya Bhargava, Chairman and Founder at Bridgeweave said, “We believe in helping investors make better decisions through advanced algorithmic insights and cutting edge predictive artificial intelligence. Our ultimate aim is to close the investment information gap and deliver in-depth insights into the hands of every investor. We are on a wealth enablement journey to help improve financial wellness and our partnership with Paytm Money provides the distribution and delivery for us to reach a wide audience.”

Business, News

Bridgeweave launches AI-powered InvestorAi – Your Personal Investment Analyst

Jul 16, 2021 by Rekha Nair 0 Comments #Akshaya Bhargava, #Bridgeweave, #Bruce Keith, #Chairman and Founder at Bridgeweave, #Chief Executive Officer

Mumbai, India– Bridgeweave, a UK based fintech founded by Akshaya Bhargava, founding CEO of Progeon (now Infosys BPO) and erstwhile Global CEO of Barclays PLC Wealth and Investment Management, today announced the launch of its mobile app InvestorAi, an AI-powered personal investment analyst for retail investors, using AI algorithms that have been trained for global equity markets.

Commenting on the launch Akshaya Bhargava, Chairman and Founder at Bridgeweave said, “The world has seen an explosion in new, digital retail investors entering equity markets. These investors are looking for investment ideas. Our algorithms analyse each stock in equal depth, giving access to the same high-quality research that has historically only been available to institutional investors. We’re on a crusade to close this investment information gap for everyday investors by giving them same high-quality predictive market insights from a mobile app that top hedge fund managers and investment bankers get from a team of quant research analysts.

We believe that human plus machine is an incredibly powerful combination – we call this notion “You+AI” – and our mission is to make it easier to invest intelligently, empowering every investor to make more informed decisions”

InvestorAi covers over 4500 global stocks and 1500 ETFs in 15 markets and the algorithms perform over 800 million calculations every day – something that is impossible for a regular retail investor to do. There are over 600 live signals available at any point in time with new ones being added every day. “We are delighted to expand our reach to India to help transform the narrative of intelligent investment information. Our purpose is to empower and help everyone make better investment decisions by providing the best possible information and ideas in the most convenient way possible.” Akshaya added.

Bruce Keith, Chief Executive Officer, Bridgeweave said, “Bridgeweave’s model has a very large addressable market as it empowers the entire eco-system of investors and advisors. The algorithms become smarter and the insights get personalized, providing a more tailored experience. We are hugely optimistic about the India market, especially with the boom in retail investments and a large base of tech-savvy millennials.”

Once registered on the app, a user can:

Look for investment ideas generated through predictive analytics whose prediction range can be as little as 3 days to 30 days to longer term signals on value stocks

Discover ideas on their own by pre-curating a universe of ETFs and stocks based on algorithms which allow the user to search and filter using a wide range of criteria

Compare stocks before buying through the “Play” algo which allows the user to compare any two stocks in a visually easy way across multiple criteria or against the Index

Activate intelligent monitoring through an algo that enables a user to monitor individual stocks and thematic baskets, set up custom alerts for profit or loss limits, find similar stocks, see past signals or be alerted if there is a new signal on the stock

Trade at will through InvestorAi’s integration with brokers to allow its users to put through trades through their existing broker accounts

InvestorAi starts at a monthly fee of Rs. 799 and comes with a 15-day free trial period. The app is available in India on both Android and iOS devices: InvestorAi link