June 21, 2022
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JARVIS : India’s first AI-based investment advisory platform , the details you must study
ARVIS Invest, India’s first AI-based investment advisory platform, has today announced the launch of their three new offices in Gujarat to accommodate rapid growth and leverage the state’s highly interested investor pool. JARVIS Invest has decided to launch their office in Ahmedabad, Rajkot, and Surat. The company expects to on-board 2500+ partners in the next four months.
JARVIS is an exceptionally intelligent portfolio management tool created by a team of seasoned individuals in the field of investments, research, & technology. It offers a portfolio of stocks that has the potential to deliver optimal risk adjusted returns using its artificial intelligence based stock selection & asset allocation model.
Founded in December 2016, JARVIS Invest has since grown to onboard 75000+ clients across 800 partners as of April, 2022. Particularly, Gujarat region has witnessed an incredible growth at 27.53% of all partners and 74.63% of all clients domiciled in the region. Our partners have been our biggest strength bringing in an average of 205 clients per partner. While the company acquired close to 60,000 clients remotely, JARVIS Invest see high potential in Gujarat and expects its partner base to expand by 2500+ in the next four months through the local offices.
Speaking about the development, Sumit Chanda, Founder and CEO, said “The decision to expand our presence into three new cities of Gujarat was a logical step in our business growth strategy. Financial awareness and adoption of new technology has always been high in Gujarat. We have seen these tech-savvy investors accept our AI-based investment advisory model with ease and maximize their returns. While we had remote presence in Gujarat, the three new physical offices will allow us to build a local team that best understands the market and continue servicing the investors. We are optimistic about the new opportunities these new offices bring in terms of new business and we expect to hire more people at these locations. Besides Gujarat, JARVIS Invest also plans to expand to Maharashtra, Karnataka, and West Bengal in the near future.”
JARVIS Invest has crossed an AUM of INR 100 crore in April, 2022. JARVIS curated portfolio has provided average returns of 50-80% across portfolio categories and has outperformed Nifty for its corresponding portfolios. JARVIS Invest’s risk management system (RMS) efficiency could recently predict the market crash of March, 2020 and January, 2022 which gave its investors incredible trust towards the system.
About JARVIS Invest:
JARVIS Invest is India’s first Artificial Intelligence (AI) based investment advisory startup. Founded by Sumit Chanda in December 2016, JARVIS INVEST is an exceptionally intelligent Portfolio Management tool created by a team of seasoned individuals in the field of investments, research, & technology. With an aim to address limitations in the equity investments model such as no access to personalized research, influence of human emotions and biases, absence of risk management system, and a one size fits all (model portfolio) approach, JARVIS product aims to democratize portfolio management for the retail investor, with a minimum investment of INR 30,000.
JARVIS Investment philosophy takes into consideration over 12 million local and global data points across fundamentals, price & volume time series, corporate actions, government policies, regulations & compliance, global & domestic events, sentiment data among other macros to achieve predictability and accuracy. JARVIS uses proprietary risk management system that monitors client wise investments 24×7 & manage the entire investment lifecycle and provides real-time advisory to client on – Profit booking, partial profit booking, stock exit, auto-rebalancing, and portfolio reset.
JARVIS curated portfolio has provided average returns of 50-80% across portfolio categories. JARVIS Invest’s risk management system (RMS) efficiency could recently predict the market crash of March, 2020 and January, 2022.
For more information, visit https://www.jarvisinvest.com/
