Finaureus

Finaureus Technologies Private Limited, which now operates as Alphaniti Fintech Private Limited, is a financial technology company headquartered in Pune, India. The company was founded in 2017 by Arindam Ghosh, U.R. Bhat, and Nanda S. The founders possess extensive backgrounds in financial services; Ghosh is the former CEO of Mirae Asset's Indian venture, Bhat has managed foreign institutional investments with firms like JP Morgan, and Nanda S. is an entrepreneur with experience at TATA AIG and ICICI Bank.

The company provides automated and augmented investment management solutions for both B2B and B2C clients, including banks, wealth management houses, family offices, and retail investors. It leverages artificial intelligence, machine learning, and big data analytics to offer its services. The business model appears to be centered on providing its technology as a white-labeled, customizable platform, available as both integrated solutions and modular APIs.

Finaureus's core product is an online investment advisory platform named AlphaNiti, launched as a joint venture with the U.S.-based firm Validea. This platform offers users access to proprietary investment strategies for various asset classes, with an initial focus on equities and mutual funds. Key features of their product suite, FinAurum and FinCircle, include client onboarding, risk profiling, paperless KYC, asset allocation, goal-based investment planning, and portfolio rebalancing. A significant offering through the AlphaNiti platform is enabling Indian investors to invest in the U.S. stock market. In April 2020, the company secured an undisclosed amount in a pre-Series A funding round from Pinetree Capital.

Keywords: investment management, financial technology, wealth management, automated investing, AI in finance, investment advisory, asset allocation, portfolio management, retail investing, B2B fintech, Indian fintech, US stock investing, proprietary trading strategies, risk profiling, digital wealth platform, equity analytics, mutual funds, machine learning, data analytics, quant-based strategies