Today: Jul 27, 2024

Kshana: Revolutionizing investment research with AI-powered asset management.

6 months ago

AI-powered asset management startup Kshana.ai aims to streamline investment research by using natural language processing to extract data from unstructured sources. The US- and Bengaluru-based company targets asset and wealth management companies, fund managers, and analysts, with the goal of disrupting market-facing research at institutional investment platforms. Kshana has developed a platform that uses large language models to extract insight from structured and unstructured sources, eliminating the need for manual digging. The startup has a minimum viable product in the making and plans to launch its product in the first quarter of 2024.

TLDR:

  • Kshana.ai uses natural language processing to extract data and streamline investment research.
  • The startup aims to disrupt market-facing research at institutional investment platforms.
  • Kshana has raised funding from senior AI practitioners and plans to raise additional funding from institutions.
  • The global financial analytics market is projected to reach $18.71 billion by 2030.

Successful investors and asset managers often combine multiple strategies to find alpha, which requires them to absorb large amounts of unstructured information. Kshana.ai aims to simplify this process by using natural language processing to extract insight from structured and unstructured sources. The startup eliminates the need for manual digging and streamlines the process of analysis and scrutiny for asset managers. Kshana has a minimum viable product in the making, which is being tried out by five global hedge funds. The company aims to launch its product in the first quarter of 2024, targeting institutional researchers.

Kshana has already raised angel rounds of funding from senior AI practitioners and plans to raise additional funding from institutions. The startup was part of YourStory’s Tech30 cohort as one of the 30 most promising Indian startups of 2023. In the future, Kshana is looking to partner with alternative data platforms to enhance its offering. The global financial analytics market is projected to reach $18.71 billion by 2030, providing a significant opportunity for Kshana to grow.