Zerodha Invests $5 Mn in Investment Research Platform Tijori

Investment research startup Tijori has raised $5 Mn (about INR 44.7 Cr) in a funding round led by existing investor Zerodha to offer AI-powered research tools to retail investors, wealth advisory firms and other enterprises. 

The fresh proceeds will be deployed to further enhance AI-powered product ‘Concall Monitor’, which provides users with real-time transcripts of earning calls for listed companies in India, Tijori cofounder Siddharth Hegde told Inc42.

Tijori claims that the transcripts are provided within two minutes after the call ends. The product is mainly targeted at wealth advisory firms and other enterprises, Hegde said. 

The product is live on Tijori’s platform and runs on a subscription-based model, with monthly plan starting at INR 4,000 and yearly plan at INR 24,000. 

“If you are an analyst, it’s the most painstaking task because a lot of companies do their earning calls at the same time. You can’t possibly be in two places at the same time. And the company provides the transcript after two to three days,” said Hegde. “We are trying to reduce the time of this process by our product,” he added. 

Tijori will also use a portion of the freshly raised funds to enhance ‘Tijori Alerts’, an AI-backed offering which gives real time alerts on exchange filings on WhatsApp and also provides a summary of the new development.  

Founded in 2017 by Hegde, Tejas Goenka and Varun M, Tijori provides various data points of listed Indian companies – from their financial performance to competitive analysis with other players in the sector. This data helps investors make informed investment decisions. 

Zerodha has integrated Tijori’s tech stack into its stock broking platform Kite. According to Hegde, Tijori acquires 90% of its customers via the Zerodha platform. 

Tijori raised its maiden funding in 2023 from Zerodha, which has been an active investor in the Indian startup ecosystem. Its incubation firm Rainmatter made 34 investments in H1 2025 and another 16 investments in Q3 2025. These include the likes of Snap-E Cabs, TechMonk, Snackible, Saleagent AI, Krop AI, Boldcare, and P-Tal. 

Rainmatter launched its perpetual fund with INR 1,000 Cr in 2023 and added an additional corpus of INR 1,000 Cr in June this year. It plans to deploy the capital over the next two-three years, primarily in fintech, climate, and health sectors.

According to filings with the Registrar of Companies (RoC), Zerodha’s cash reserves for FY25 stood at INR 22,679 Cr.