Photo supplied by GoReach.
Bengaluru: Bengaluru-based fintech startup GoReach says it will launch its AI-and-human wealth guidance platform on Thursday, October 1, with mutual funds as its initial focus.
Co-founder Prashant Kumar Tiwari shared the launch plan with The Bengaluru Live. The founders describe the platform as aimed at Indians with annual incomes of roughly ₹10 lakh to ₹1 crore.
AI guide with human experts
GoReach says its service combines Reacher, an always-on AI financial guide, with human “Reach Experts” for decisions that require individual context. Its website says the service currently focuses on mutual funds, with guidance across other financial products potentially following later.
The GoReach app is already listed on Google Play and the Apple App Store. The information shared by the founders did not clarify whether October 1 marks a wider rollout, a launch event or another formal milestone.
Funding and founders
Tiwari said GoReach has raised pre-seed funding from investor Mukesh Bansal. The material shared with The Bengaluru Live did not state the amount or terms.
The founders described Karthik Viswanathan as a former Groww executive and former CEO of GrowwPay, with more than 20 years of product leadership experience and previous roles at Walmart, LinkedIn and Flipkart. Tiwari said he studied at Shri Ram College of Commerce (SRCC), worked at Nurix and was co-founder and chief business officer at Evallo.
Company structure
GoReach’s app listing identifies it as a brand of Kytrunner Ventures Pvt. Ltd. and says mutual fund distribution services are provided by Rytstep Invest Tech Pvt. Ltd., which it describes as an AMFI-registered mutual fund distributor (ARN 362132).
Product features, funding and founder backgrounds in this report are based on information supplied by the company’s co-founder. The Bengaluru Live has not independently assessed the platform’s financial guidance or performance. Mutual fund investments are subject to market risks.
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