Savart (Svobodha Infinity Pvt. Ltd.) is a Hyderabad-based investment advisory and technology platform founded in 2017 by Sankarsh Chanda. The company leverages artificial intelligence and machine learning to help investors make smart investment decisions across India and overseas. Savart is developing an AI-based investment-research algorithm called Vantage as a core product initiative. The startup has previously received funding and mentorship from investors such as Ajay Batra, Wadhwani Foundation, and Narayan Shadagopan. The latest $549,000 financing will be used to develop Vantage, fuel expansion into Canada, grow its client base, and for general corporate purposes. BEENEXT, Yatra Angel Network (YAN), and Jupiter founder Jitendra Gupta led the round, and the company plans to deploy the capital to accelerate product deployment and improve personalization and the investor experience.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2021