India, Feb. 12 -- Mumbai-based investment technology platform ArthAlpha has raised $2 Mn (INR 17.5 Cr) in a funding round led by DSP, along with participation from a host of undisclosed family offices and wealth managers.

The platform plans to deploy the fresh proceeds to advance its AI-powered research tools, scale up data infrastructure and expand portfolio management services.Besides, it aims to develop a quantitative investment research platform for other investment firms.

"By combining cutting-edge AI with investment management, they are not just improving how investment decisions are made; they are reshaping the entire landscape," said Aditi Kothari, vice chairperson at DSP Mutual Fund.

Founded by Rohit Beri and Rohit Jha, in 202...