According to Rao, “we sold Finesse because we wanted to achieve a certain amount of scale and that could come by leveraging the distribution muscle of a larger player.” “Our AUM was $5–6 million on our own, but with this sale, it can reach $50–60 million, a 10x increase in 12 months.”
Finesse is an AI engine that was founded in 2022 with the goal of enabling highly customized user experiences. The platform increases conversion rates by utilizing both transactional and behavioral data.
Among its clients were the CA firm BCL and the Bengaluru-based Bloomtree Advisors.