Fintech startup Gumption Labs has won a 3 month program for Fintech ventures conducted by Village Capital in collaboration with PayPal and BlackRock .They received USD 50,000 in confirmed investment from Village Capital. The Bangalore Based Fintech startup is India’s first Artificial Intelligence (AI) based on algorithms platform which automates the investing options.
Anurag Saboo, Co-founder and CEO of Gumptions labs is a First rank holder from IIT Chennai and IIM-Bangalore Alumnus.
Gumptions Labs started in 2010, they monitor and re-balances financial investments using Artificial Investments. Trader’s cockpit and Fund Experts are their signature products. These two products are the third big recognition for the startup which is growing by leaps and bounds.
On wining the funds Mr. Saboo said “We are going to use the funds from Village Capital to expand our team and operation to handle the increasing number of users of our platform”. Read more Indian Startup News.