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AI is at the heart of our strategy now and for the foreseeable future: Finvasia’s Sarvjeet Virk
Mumbai: Shoonya by Finvasia is India’s leading multi-asset trading platform, co-founded in 2013 by brothers – Sarvjeet Virk (MD) and Tajinder Virk (CEO), also ex-Wall Street professionals. He along with his brother, has established an ecosystem which is disrupting the financial sectors globally. He had the vision to offer innovative and real-time end-to-end financial solutions that cater to the needs of all investors, regardless of their experience level.
Down below are his views on how has the year 2023 been for them and the company/agency they work for and forecast for 2024.
2023 has been a year of growth and many firsts for us at Shoonya. We have achieved several milestones including making it to the top 30 brokers in India. Currently, we are among the top 8 brokers who are adding clients month on month in this financial year and that is something that gives us confidence for our future ambitions. Our goal is to become a top broker in the country and we have a long journey to make this dream a reality. We are constantly working towards the same by building innovative products and solutions targeting customer satisfaction.
My first and foremost advice would be to always do your own research before making any financial decision. Investors should prioritise diversification, staying informed on market trends, and maintaining a long-term perspective. Managing risk, adapting to technology trends, and embracing sustainable investing practices are crucial.
Additionally, adjusting strategies based on changing economic conditions are key considerations for investors in the coming year.
In 2023, we launched the AI-powered feature in partnership with I Know First. It offers access to AI-based predictions for up to 1500 Indian scripts, including large, mid, and small-caps stocks, as well as predictions for Indian indices from the NSE and BSE. Users also get a sophisticated market analysis with color-coded signals, instant heatmaps, wave trend prediction, and performance signals.
In 2024, we plan to launch more such features to simplify trading and investing. Shoonya is also working on further improving the user interface of the platform where traders would be able to place orders in just one click, making it easier to buy and sell stocks. We will also introduce advanced screeners and analytical tools to enable our users to make smart investing and trading decisions.
AI is at the heart of our strategy now and for the foreseeable future. We are committed to leveraging its capabilities to not only enhance our trading platform but also to explore the creation of separate fintech products that can address the unmet needs of our clients.
It’s important to note that our focus extends beyond urban markets. We recognize a significant opportunity in Bharat, where many potential investors are underserved or unserved. We are determined to develop user-friendly products tailored to their unique needs and preferences.
To further live up to our brand promise of empowering our customers through education and cutting-edge technology, we have some exciting plans to enhance our education portal significantly. Our goal is to give our customers the knowledge and tools they need to make informed investment decisions. To bolster our educational resources, we are actively working on expanding our AI-based product features. While AI is currently a part of our stock trading services, we envision its integration into derivatives, commodities, and currencies trading as well. This will not only improve the trading experience but also enable our customers to explore new avenues for investment.
The author of this article is Finvasia co-founder & MD Sarvjeet Virk.
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
