Launch · Financial Services
Saras launches AI truth engine for Indian stock market
By Startup Enthusiast ·
- Date
- Company
- Saras
- What it does
- AI truth engine for stock market
- Kind
- Launch
- Sector
- Financial Services
What they do
Saras is an AI-powered truth engine that tracks stock market sentiments
What happened
It launched after rebranding from Finosauras and is backed by global VCs
Why it matters
The platform reduces sentiment latency from 8-9 seconds to 500ms
The details
- Saras launched as an AI-powered truth engine for the Indian stock market.
- It rebranded from Finosauras after users shortened the name to 'Saras'.
- The platform tracks 30 million+ stock sentiments in real time.
- It collects data from Television (Zee Business, CNBC Awaaz, NDTV Profit), X (Twitter), and Telegram.
- Sentiment latency was reduced from 8-9 seconds to 500ms.
- Sentiments are categorised into six types for retail investors.
- The rebrand was inspired by Shark Tank and aimed at a core Indian audience.
The bigger picture
- Founder Chanchal Chakrachhatri built 13 products over 10 years.
- Only 2 of his ventures achieved financial success.
- He learned to define metrics early to know when to kill or pivot.
- Saras was launched to solve personal investing pain from misleading advisors and opaque recommendations.
About the business
- Saras provides data analytics on SEBI-registered advisors (RAs).
- It has 18 months of proprietary data.
- User tests were conducted with 1000s of users.
- The platform is backed by global VCs.
What happens next
- Goal: become a comprehensive execution layer transforming retail trust in investing.
The deal
- Type
- launch
Investors
- Global VCs (backer) — The company is backed by global venture capital firms.
Founders
- Chanchal Chakrachhatri, Founder
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