Gone are the days when the share market was limited to financial geniuses. With the advent of artificial intelligence, even individuals with limited market intelligence can now participate in stock investments.
Smartbasket.ai presents an immense opportunity for existing and aspiring investors in the share market. This artificial intelligence-based neo-broking platform, launched by Kanan Rai, former Business Development Head at Google Play and Head of Partnerships at Razorpay India, during a notable event held at the Kerala Startup Mission, opens new doors for investors.
Moreover, Smartbasket.ai simplifies the investment process for retail investors, making it more accessible and user-friendly. By acting as a bridge between wealth management analysts and stockbrokers, it enables individuals to make informed investment decisions with ease.
Smartbasket.ai’s neo-broking application empowers investors with artificial intelligence, eliminating assumptions, market rumours, and emotional investment decisions influenced by human limitations. By harnessing the platform, investors can achieve exponential returns from the stock market, enabling them to pursue financial growth successfully.
Neobroking, a technology at the core of Smartbasket.ai, offers cost-effective and automated brokerage services. Unlike traditional brokerage firms that rely on large teams of financial advisors, analysts, and support staff, neobrokers utilise algorithms and artificial intelligence (AI) to provide personalised investment recommendations and execute trades on behalf of clients. This approach not only streamlines the investment process but also significantly reduces investment management costs.
The initiative behind Smartbasket.ai is spearheaded by Nikhil Dharman and T. R. Shamsudheen. Incubated in the Kerala Startup Mission and established in 2021, this startup has gained support from prominent figures in the industry, including Hedge Equities CEO Alex K Babu and angel investor Jose Patara.
Smartbasket.ai is transforming the investment landscape, enabling individuals from all backgrounds to participate in the stock market with confidence. By harnessing the power of artificial intelligence, the platform offers unparalleled opportunities for investors, marking a significant step towards democratizing investment opportunities and empowering individuals to achieve their financial goals.