Bridgeweave and IIFL Securities announce partnership to provide AI powered insights for investors

Bridgeweave, a London based fintech firm, today announced a partnership with IIFL Securities Limited, one of India’s leading brokerage and investment advisory firms. IIFL Securities will offer the InvestorAi app, Bridgeweave’s flagship AI powered investments insights tool and its premium content to its clients. Investor Ai uses AI algorithms that have been trained for Indian as well as global equity markets to assist customers in making strategic investment decisions.

This partnership will provide cutting edge predictive investment signals for end users. IIFL Securities’ customers will receive a special offer and the app will allow them to trade seamlessly via IIFL Securities trading platform. The app learns about the user and the more they use the app, the more personalised it will become.

Commenting on the partnership Akshaya Bhargava, Chairman and Founder at Bridgeweave said, “We are delighted to partner with an industry pioneer like IIFL Securities and provide preferential access to InvestorAi’s universe of cutting edge AI powered signals. Our algorithms thoroughly examine each stock, providing access to the same high-quality research that was previously only available to institutional investors. This is an important enabler for self-directed investing which has boomed during lockdown..”

NK Purohit, Chief Digital Officer of IIFL Securities also added, “We are committed to bringing the best technology and services to our investors, and our partnership with Bridgeweave will help us to provide personalised experiences and insights to IIFL Securities customers through InvestorAi, allowing them to make more intelligent market investment decisions. These kinds of tools are essential to the growing base of retail investors.”

About Bridgeweave:

Based in London, Bridgeweave was founded by Akshaya Bhargava, the former Global CEO of Barclays PLC Wealth and Investment Management. It was founded on the premise that AI is a transformational technology that can empower the new breed of everyday retail investors. Using big data, quantitative algorithms and machine learning models along with its behavioural personalisation engine, Bridgeweave aims to provide investment insights available that were hitherto only to institutions.

About IIFL Securities Limited:

IIFL Securities Limited (Formerly India Infoline Limited) is one of the largest independent full-service retail and institutional broking house along with being a leading investment advisory firm in India providing diversified financial services and products to corporates, institutional investors, foreign portfolio investors, mutual funds, insurance companies, alternative investment funds, trusts, high net worth 2.4 million customers through a network of about 2,500 points of presence covering our branches and business partners over 500 cities in India. Over the years, IIFL Securities has diversified its product and service offerings through a mix of organic growth and strategic transactions.