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OnFinance AI

Category: AI in Fintech

OnFinance AI provides AI-powered agents and co-pilots designed to simplify, streamline, and strengthen regulatory compliance and internal workflows for the financial industry. OnFinance AI was founded in 2023. The company is led by Anuj Srivastava. Based in Bengaluru, India. Team size: 11-50. Total funding raised: $5.25 million. Latest round: Pre-Series A. Key investors include Peak XV's Surge, Groww Founders' Fund, MarsShot VC, Silverneedle Ventures, Indian Angel Network.

Founded
2023
Headquarters
Bengaluru, India
Team size
11-50
Total funding
$5.25 million

Value proposition

To automate and transform manual compliance and research workflows, significantly reducing the time and effort required to interpret and implement regulatory changes from weeks to minutes, thereby increasing efficiency and ensuring confidence in compliance.

Products and solutions

NeoGPT (a proprietary financial Large Language Model), ComplianceOS (an AI-powered tool for managing regulatory compliance), InvestigativeOS (an AI platform for investigative analysis), AI co-pilots for research, sales, and relationship management

Unique value

The company's core innovation is 'NeoGPT,' a proprietary Large Language Model (LLM) specifically trained on deep financial domain data. This enables the creation of highly specialized and accurate AI agents that can understand and navigate the complexities of the financial and regulatory landscape.

Target customer

Financial institutions, including banks, asset management companies (AMCs), wealth management firms, and other regulated entities in the BFSI sector.

Industries served

BFSI (Banking, Financial Services, and Insurance)

Technology advantage

OnFinance AI's key advantage is its ability to rapidly and automatically process regulatory communications and updates into actionable, assigned tasks in under 60 seconds. Their platform saves significant manual effort, enhances productivity, and leverages Microsoft Azure AI Studio to run fine-tuning jobs 10x faster.

How they differentiate

OnFinance AI differentiates itself by focusing specifically on the BFSI (Banking, Financial Services, and Insurance) sector with its proprietary AI models, including a specialized LLM named NeoGPT. Their products, ComplianceOS and InvestigativeOS, are custom-built to automate and streamline complex compliance, risk, and audit workflows, significantly reducing manual effort and time.

Main competitors

Zhuiyi, Teneo.ai, ALPHA PLUS TECHNOLOGIES

Key partnerships

Microsoft (for scaling AI infrastructure using Azure), JioGenNext (as part of its Market Access Program), PeakXV Partners (Surge), Groww Founders Fund

Notable customers

BSE Limited, Kotak Mutual Fund, Nippon India Mutual Fund, HDFC Securities, Aditya Birla Capital Digital

Major milestones

Raised a $4.2 million Pre-Series A funding round led by Peak XV's Surge., Successfully secured contracts with over 15 major financial institutions in India., Developed and launched specialized AI platforms, ComplianceOS and InvestigativeOS, for the BFSI sector., Announced plans for international expansion into the US and MENA markets., CEO Anuj Srivastava named to Forbes 30 Under 30 Asia 2026 list (AI category).

Growth metrics

As of the end of fiscal year 2025, OnFinance AI reported over $600,000 in operating revenue and a total contract value between $1.8 million and $2 million.

Market positioning

OnFinance AI is positioned as a specialized provider of generative AI solutions for regulatory compliance within the financial industry. They target a niche but critical market segment, aiming to become the go-to platform for financial institutions looking to automate their compliance processes.

Geographic focus

Currently, OnFinance AI's primary focus is on the Indian market. However, with their latest funding, they are planning to expand their operations into the United States and the MENA (Middle East and North Africa) region.

Patents and IP

Information on specific patents is not publicly available.

About Anuj Srivastava

Co-Founder and CEO of OnFinance AI. Previously worked in quantitative finance, investment banking, and AI at firms including Barclays, Credit Suisse, HSBC, Worldquant, and AT&T. He is an alumnus of BITS Pilani.

Official website: