Octanom Launches Algorithm-powered Advisory Platform ‘HEDGED’ along with India’s 1st Nifty Crash Meter

InvesTech startup, Octanom Tech, today announced the launch of its first machine powered platform – HEDGED – that will provide investment and trading solutions to retail investors powered by a combination of algorithms and Actual Interest (A.I.).

Rahul Ghose

Many Indians would cite reasons like lack of knowledge on how to trade and invest, lack of time and the unpredictable nature of the stock markets as reasons to stay far away from equity.

These are the very gaps that Octanom Tech plans to bridge.

‘Hedged’ will give traders, hedged options trades powered by a combination of proprietary Algorithms. Its in-built Nifty crash meter – the only predictive tool of its kind – is designed to forecast the onset of a crash or an up-move before it happens and helps investors position their portfolios accordingly.

The platform also introduces a very unique investment type known as ‘Live Funds’; these are expert curated micro-sized investment funds with built-in hedges to protect investors’ wealth from market volatility. The app also offers ‘Hedged TV’ which is a trader and investor focused learning platform created by experienced traders. The objective of this initiative is to impart just the right amount of information and learning, tailored to remove the clutter found on the internet.

‘Hedged’ was conceptualized and created by a diverse group of hedging experts, PhD statisticians, technical architects, seasoned investors and traders led by its Founder and CEO Rahul Ghose, an options trading savant who is also the former Head of MoneyFlix.com.

“More than 50% of Indians’ savings are tied up in bank deposits, which has a huge opportunity cost due to sub-optimal returns. India is a ripe market that is primed for a growth spurt and I think it’s about time that our people, our home-grown investors, become active participants and integral beneficiaries of this incredible growth story that is in the making,” said Rahul Ghose on the occasion of the launch of Hedged.

Fund managers and investment bankers have always had access to intelligent tech that can aid their decision-making process and Octanom plans to bring this tech to every retail trader and investor's fingertips.

The company plans to disrupt the online retail trading space with three similar revolutionary platforms over the next two years in India and in the US.

The Hedged app is now available for download on the Google Play Store and will be available on the Apple App store later this month.

About Octanom Tech Pvt Ltd

A technology firm involved in building platforms in the financial market space with the vision of being "India's largest retail movement" for traders and investors.

www.octanom.com

Algorithm-based InvesTech Startup Octanom Tech Raises Pre-Seed Round Led By Ex-Director of Sharekhan, at A Valuation of $2.2 Mn

Algorithm-based InvesTech start-up, Octanom Tech, has raised an undisclosed amount at a pre-money valuation of $2.2 million in its pre-seed round led by Shankar Vailaya, Ex-Director of Sharekhan Ltd, Nitin Gupta (Founder & CEO, Asymmetrique) among other angel investors.

Over the last two years, particularly during the pandemic, retail traders and investors in the Indian financial markets have displayed great resilience and a deep interest in looking after their own finances and growing their money. Octanom Tech’s objective is to empower these individuals through its distinct products and technology so as to make a large enough difference to their financial outcomes. Octanom Tech plans to launch three platforms, in the InvesTech space, over the next two years in India and the U.S.

Octanom’s founder, Rahul Ghose, is the former Head of MoneyFlix.com. He has been a professional trader with more than a decade and a half of trading experience since an early age of 17, having guided thousands of traders and investors to understand on how to make a living in this field.

“The only real tech advancements over the last decade in the financial markets have been new online trading platforms and automated order placement softwares. Octanom Tech, through its unique range of proprietary tools & technology, plans to introduce platforms that will radically ‘Rive’ through this space,” said Rahul Ghose the Founder & CEO of the company.

“The Octanom team is making proprietary Algorithmic, A.I. based research advisory and innovative investment avenues accessible to the retail participants like never before,” said Shankar Vailaya.

“So far, it’s only been the super-rich and those who work in the investment banking space that have had access to intelligent tech that could aid the trading and investing decision-making process. Octanom’s driving thought was - Why can’t everyone have this advantage? We want to ensure that the company's mission – ‘For the love of retail’ is upheld in whatever we create and is always part of our core driving force. Towards this endeavor, we are excited to partner with our investors who have an enviable track record of building and nurturing institutions,” added Rahul Ghose.

The fresh capital raised will be deployed towards the launch of Octanom’s maiden platform next month along with investments in core technology, to expand and bolster leadership and talent.

About Octanom Tech Pvt Ltd

A technology firm involved in building platforms in the financial market space with the vision of being "India's largest retail movement" for traders and Investors.