Roundup · Financial Services

Otto Money raises $1.3 million to build AI wealth guidance platform for retail investors

By Startup Enthusiast · 16 February 2026

Date: 16 February 2026
Company: Otto Money
What it does: AI-powered wealth guidance platform
Kind: Roundup
Amount: $1.3M
Stage: pre-seed
Founded: 2025
Sector: Financial Services

What they do

Otto Money is an AI-powered wealth guidance platform providing data-driven financial decision support without product sales

What happened

The startup raised $1.3 million in pre-seed funding led by Pravega Ventures with participation from Rishi Kohli, Amit Gupta, Amit Agarwal, and Mohit Aron

Why it matters

The funding will be used to build AI models, provide multi-asset guidance, and shift investors toward long-term, goal-based strategies

The details

Otto Money, a Bengaluru-based wealthtech startup, raised $1.3 million in pre-seed funding led by Pravega Ventures.
The round included participation from Rishi Kohli (CIO, Jio BlackRock AMC), Amit Gupta (Founder, InMobi & Yulu), Amit Agarwal (Founder, NoBroker), and Mohit Aron (Founder, Nutanix & Cohesity).
Founded in 2025 by Apurv Gupta and Ankur Lahoti, Otto Money is building a pure-play AI-powered wealth guidance platform.
Unlike most wealthtech platforms that act as distributors for mutual funds or insurance, Otto Money focuses on providing data-driven financial decision support without the conflict of interest inherent in product sales.
The startup plans to use the funds over the next 12–18 months to build a 'GPS for Wealth' through AI models, multi-asset guidance, and long-term, goal-based strategies.

The bigger picture

The Indian wealth management sector is undergoing a tectonic shift as investors move from physical assets to financial instruments.
Retail investors are inundated with financial products but starved for clarity, creating a gap in understanding risk and making informed decisions.
Otto Money aims to provide institutional-grade clarity to retail investors, a rare offering in a crowded market.

About the business

Otto Money is an AI-powered wealth guidance platform that provides data-driven financial decision support.
The platform is designed to eliminate the conflict of interest inherent in product sales by focusing strictly on guidance.
It targets digitally active investors who are tired of information asymmetry and seek clarity in financial decision-making.
The startup plans to build AI models that simulate various market scenarios and provide a unified view of fragmented portfolios across stocks, mutual funds, and alternative assets.
Otto Money aims to shift investors away from short-term noise toward long-term, goal-based strategies.

What happens next

The startup plans to use the funds over the next 12–18 months to build AI models, provide multi-asset guidance, and shift investors toward long-term, goal-based strategies.
Otto Money aims to be the primary decision-making layer for millions of Indian investors by 2027.

The deal

Type: funding

Investors

Pravega Ventures (lead) — Venture capital firm focused on early-stage technology startups.
Rishi Kohli (participant) — CIO, Jio BlackRock AMC.
Amit Gupta (participant) — Founder, InMobi & Yulu.
Amit Agarwal (participant) — Founder, NoBroker.
Mohit Aron (participant) — Founder, Nutanix & Cohesity.

Founders

Apurv Gupta, Co-founder
Ankur Lahoti, Co-founder

About Otto Money

Product: Multi-asset portfolio guidance platform using AI without distributing financial products
Customers: Digitally active retail investors seeking personalized financial decision support
How it makes money: Subscription or B2C advisory service with AI-driven wealth management
What sets it apart: Addresses information asymmetry, fragmented portfolio views, and reactive investment decisions

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