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Launch · Financial Services

Raise Financial Services to launch AI model Fuzz

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Date
Company
Raise Financial Services
What it does
Financial services and stock broking
Kind
Launch
Sector
Financial Services

What they do

Raise Financial Services runs the stock broking app Dhan

What happened

It will launch Fuzz, an agentic AI model for finance and markets

Why it matters

Fuzz will offer a free tier and premium paid plans

The details

  • Raise Financial Services, the parent company of stock broking app Dhan, will launch Fuzz.
  • Fuzz is an agentic AI model (an AI that can act autonomously) for finance and markets.
  • It synthesises deep research, regulatory filings and official financial data.
  • Fuzz is trained on large-scale India-specific financial datasets and delivers source-backed outputs.
  • It ingests market, news, company and sector data in real time.
  • Fuzz will also integrate personal financial data like portfolios and income tax returns for personalised insights.
  • A free tier will be available, along with premium paid plans for advanced features.
  • The beta version will launch soon via askfuzz.ai, and apps are expected by late 2025.

The bigger picture

  • Raise Financial Services had agreed to raise $120-150M from Hornbill Capital and MUFG in June 2025.
  • Dhan reported a net profit of ₹177 crore in FY24, compared to a loss of ₹26 crore in FY23.
  • Raise's AI ecosystem already handles over 1,000 news items daily covering 2,500 listed companies.
  • Its AI customer support has handled over 32.5 lakh interactions across Dhan and related apps.

About the business

  • Raise Financial Services runs the stock broking app Dhan, which had 960,668 active clients as of January 2025.
  • Dhan was the tenth largest stock broking app in India in August 2024.
  • Raise's AI ecosystem creates, curates, summarises and analyses sentiment for over 1,000 news items daily covering 2,500 listed companies.
  • Its AI customer support resolved 60% of queries with over 85% accuracy.

What happens next

  • Beta version of Fuzz will launch soon via askfuzz.ai.
  • Mobile apps are expected by late 2025.
  • The AI ecosystem will expand to cover 7,500 listed companies by October 2025.

Founders

  • Pravin Jadhav, Founder

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