Kalpi bags seed funding from Rainmatter Capital

19 May 2026, 02:23 PM

The startup plans to use the fresh funds to expand its team and enhance product capabilities among others.

Fintech startup Kalpi has raised Rs 3.75 crore in a seed funding round from Rainmatter Capital.

The Hyderabad-based startup plans to use the fresh funds to expand its team, enhance product capabilities, strengthen datasets, and scale distribution across both retail and institutional investor segments.

Founded in 2025 by Ashwar Gupta, Kalpi is building a rule-based systematic investing platform designed for retail as well as institutional investors. The startup enables users to create, test, automate, and execute quantitative investment strategies across equities, ETFs, and mutual funds.

The company currently operates two platforms -- Kalpi.ai for retail investors and KalpiQuant.com for institutional clients including PMS firms, AIFs, brokers, RIAs, and family offices. Its tools include portfolio optimisation, backtesting, factor analysis, portfolio analytics, and risk attribution features.

According to the company, Kalpi’s platform makes institutional-grade quantitative investing infrastructure accessible at a significantly lower cost compared to traditional hedge fund systems.

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