14th January, 2021: AI-fueled investment counselor Wright Research on Thursday said it has raised undisclosed pre-seed financing from BSE Institute Limited Ryerson Technology Startup Incubation Foundation (BRTSIF), under the Government of India NIDHI Seed Support System.
Different financial specialists, including Innovation Partners Capital of Singapore and Ajat Hukkoo, Director of Engineering at Broadcom, US, likewise took part in the round. Wright Research will utilize the new asset to clear some basic administrative prerequisites, scaling up its business through digital promotion and marketing, institutional associations and data procurement.
Established in 2019 by an IIT Kanpur graduate Sonam Srivastava, Wright Research utilizes information and algorithms to recognize an assorted arrangement of elements in the public value market and strategically invests them in-turn to create consistent alpha.
It additionally offers long-short plans for high-risk people utilizing numerous elements and AI, which gives a reliably exceptional yield at a low drawdown.
A perceived specialist globally recognised in the field of finance, Sonam brings forth 10 years of experience in quantitative investment and trading at HSBC, Edelweiss, and Qplum.
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