Otto Money
Category: AI in Fintech
An AI-first wealth guidance platform designed to provide personalized, conflict-free financial advice and portfolio management for retail investors in India. Otto Money was founded in 2024. The company is led by Apurv Gupta. Based in Bengaluru, India. Team size: 11-50. Total funding raised: $1.3M. Latest round: Pre-Seed. Key investors include Pravega Ventures, Mohit Aron, Rishi Kohli, Amit Gupta, Amit Agarwal.
- Founded
- 2024
- Headquarters
- Bengaluru, India
- Team size
- 11-50
- Total funding
- $1.3M
Value proposition
Democratizes institutional-grade wealth management by using AI agents to deliver data-driven, unbiased advice, eliminating the conflicts of interest inherent in traditional human-led brokerage and distribution.
Products and solutions
Agentic AI Wealth Advisor (Ask Otto AI), HA3 Engine (dynamic goal/risk-adaptive asset allocation), RAMP Fund Ranking (proprietary mutual fund evaluation), Portfolio import, net-worth tracking & health monitoring, Financial Independence Number & personalized planning, SEBI-aligned conflict-free multi-asset guidance
Unique value
Shifts the investment paradigm from 'transaction-led' to 'guidance-led' by using LLM-powered agents that act as a fiduciary, prioritizing user outcomes over product commissions.
Target customer
Retail investors in India, particularly tech-savvy professionals and individuals seeking unbiased financial planning beyond traditional commission-based models.
Industries served
Fintech, Wealth Management, Artificial Intelligence, Personal Finance
Technology advantage
Leverages the founders' deep expertise in large-scale data infrastructure (ex-Google and Cohesity) to build a sophisticated AI engine capable of processing complex financial datasets for hyper-personalized advice.
How they differentiate
Utilizes LLM-powered AI agents to provide a fiduciary, conflict-free advisory model that prioritizes user outcomes over product-based commissions.
Main competitors
INDmoney, ET Money (Genius), Dezerv
Key partnerships
Pravega Ventures (Lead Investor), Strategic Angel Investors (Founders of Nutanix, Cohesity, and leadership from Jio BlackRock), Regulatory compliance partners for SEBI-aligned wealth advisory
Notable customers
Retail investors in India, Tech-savvy professionals
Major milestones
Company founded in 2024 by Apurv Gupta (ex-Cohesity CTO) and Ankur Lahoti (ex-Google Director of Engineering)., Raised $1.3 million in Pre-Seed funding led by Pravega Ventures in February 2026., Launched AI-powered wealth guidance app; advisory powered by SEBI-registered Wealth Beacon Investment Advisors (INA000020749).
Growth metrics
Early market deployment after Feb 2026 $1.3M pre-seed; ~15 employees as of Jun 2026 (Tracxn); GTM focus on Tier-1 cities and AI/product team scaling.
Market positioning
AI-first wealth guidance platform for retail and mass-affluent investors.
Geographic focus
India
Patents and IP
No registered patents disclosed as of latest update; focus is on proprietary AI models and data processing pipelines.
About Apurv Gupta
Apurv Gupta is Co-founder and CEO of Otto Money. He spent over two decades building at technology's frontier from Bell Labs to engineering at Google, co-founded Arkin Net (acquired by VMware in 2014), and spent nearly a decade as CTO of Cohesity (valued at over $7B). Deep expertise in large-scale data infrastructure and AI systems. (The long Google Director of Engineering tenure belongs to co-founder Ankur Lahoti, not Apurv.)
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Official website: https://www.otto.money/