Hyderabad-based fintech startup Kalpi has raised Rs 3.75 crore in a seed funding round from Rainmatter Capital.
The fresh capital will be used to strengthen the team, acquire datasets, improve product capabilities, and expand distribution across retail and institutional segments.
Founded in 2025 by Ashwar Gupta, Kalpi is building a rule-based systematic investing platform for retail and institutional investors.
The platform allows users to build, backtest, automate, and execute quantitative investment strategies across equities, ETFs, and mutual funds.
Kalpi offers two separate products, Kalpi.ai for retail investors and KalpiQuant.com for institutional investors such as PMS firms, AIFs, RIAs, brokers, and family offices.
The retail platform allows users to create stock baskets, analyse portfolios, and invest directly through broker integrations. The institutional platform provides tools such as portfolio optimisation, backtesting, factor analysis, and risk attribution.
According to the company, institutional-grade quant infrastructure that usually costs hedge funds Rs 1–2 crore to build can now be accessed through its platform.
