Launch · Financial Services

Raise launches Artham, an SLM for Indian markets

By Startup Enthusiast · 4 December 2025

What they do

Raise Financial Services offers wealth management and distributes financial products

It launched Artham, a 7-billion-parameter small language model for Indian capital markets

Artham was showcased by AWS at its re:Invent conference and is live across Raise products

Raise Financial Services launched Artham, a small language model (SLM) for Indian capital markets.
Artham is a 7-billion-parameter model developed over nine months.
It was trained on public and proprietary Indian financial datasets and is hosted on cloud infrastructure within India.
The model is tuned to interpret regulatory filings, corporate disclosures, market structure and India-specific financial content.
Artham is live across Raise products: Dhan, Fuzz (AI research assistant), and ScanX (market-data platform).
It can invoke internal tools to fetch real-time market data and analytics.
Artham was showcased by AWS at its re:Invent conference in Las Vegas on 3 December 2025.

Raise also closed a $120M funding round led by Hornbill Capital, with participation from Mitsubishi UFJ Financial Group and others.
Raise's estimated revenue for FY2025 is ~Rs 900 crore, up from Rs 380 crore the previous year.
The company turned profitable with a net profit of Rs 155 crore in FY24, compared to a loss of Rs 22 crore the year before.

Raise offers wealth management services and distributes financial products.
Its product Dhan competes with Zerodha and Groww.
Raise also operates Filter Coffee (financial media), Upsurge.club (stock market education), ScanX and Fuzz.
Artham is a small language model tuned for Indian capital markets, trained on Indian financial datasets.