Hyderabad‑based fintech startup Kalpi has raised ₹3.75 crore in a seed funding round led by Rainmatter Capital, marking a significant milestone in its journey to build a systematic investing platform for both institutional and retail investors.
Founded in 2025 by Ashwar Gupta, Kalpi enables users to create, test, automate, and implement quantitative investment strategies across mutual funds, stocks, and exchange‑traded funds. The fresh capital will be used to strengthen the team, acquire datasets, enhance product capabilities, and expand distribution across retail and institutional segments.
Kalpi operates through two distinct platforms: KalpiQuant.com, designed for institutional investors such as PMS firms, AIFs, RIAs, brokers, and family offices; and Kalpi.ai, tailored for retail investors. The retail platform integrates with brokers to allow users to build stock baskets, analyze portfolios, and make direct investments. Meanwhile, the institutional platform offers advanced tools including risk attribution, factor analysis, backtesting, and portfolio optimization.
By providing access to institutional‑grade quant infrastructure — typically costing hedge funds ₹1–2 crore to build — Kalpi aims to democratize systematic investing for a wider audience. The seed funding from Rainmatter Capital positions the startup to accelerate its mission of bridging the gap between retail and institutional investors with cutting‑edge quant solutions.
