Latest news with #GauravSeth
Business Standard
9 hours ago
- Business
- Business Standard
5paisa Capital Launches Model Context Protocol (MCP) for AI-Powered Trading Integration
NewsVoir Mumbai (Maharashtra) [India], June 20: 5paisa Capital, one of India's leading discount broking firms, has officially launched its Model Context Protocol (MCP). This framework integrates Claude, a state-of-the-art large language model (LLM), with 5paisa's internal APIs. This launch represents a strategic integration aimed at enhancing user experience and brings AI-powered trading capabilities to 5paisa users. With MCP, 5paisa users can now perform a wide range of trading tasks -- from placing orders and analyzing market data to backtesting strategies -- simply by interacting with Claude via natural language. This rollout aligns with 5paisa's vision to simplify advanced trading tools for everyday investors. With the MCP, users can now harness the power of cutting-edge LLMs to make more informed trading decisions using real-time market data and their own custom datasets. By enabling intelligent prompt-based trading through 5paisa XStream Open APIs, MCP empowers users to bring any data source -- be it weather, crop yield, or macroeconomic indicators -- into the decision-making process for personalized stock market analysis. "We believe the future of investing lies in empowering users with intelligent tools that are not just data-driven, but context-aware. Model Context Protocol is our answer to the growing need for adaptive AI in financial decision-making," said Gaurav Seth, MD & CEO, 5paisa Capital. "With MCP, even non-coders can now interact with complex datasets and advanced trading strategies through natural language -- truly putting the power of institutional-grade analytics into the hands of everyday investors." Key Features of 5paisa MCP * AI-enabled Trading Assistant: Built-in support for Claude LLM, with plans to support additional AI models soon. * Prompt-Based Interface: No coding knowledge required -- simply type commands like "Backtest my breakout strategy from Jan 2021 to Dec 2022". * Custom Data Integration: Users can include external context (e.g., climate data, economic forecasts) for enhanced decision-making. * Encrypted & Private: All data shared is encrypted during transit; users retain full control of data sharing. * Free for Existing Users: MCP is available at no additional cost to all current 5paisa account holders. * Cross-Platform Support: Available on Windows, Mac, and Linux via Claude Desktop. The MCP assistant can also be used without logging in for general information and market research. However, advanced trading features and account-linked capabilities will remain exclusive to authenticated users. This launch reinforces 5paisa Capital's commitment to offering the most innovative, accessible, and secure trading solutions in the Indian financial landscape. MCP is now live and accessible via the desktop and web application for all 5paisa customers.
Fashion Value Chain
12 hours ago
- Business
- Fashion Value Chain
5paisa Capital Launches Model Context Protocol (MCP) for AI-Powered Trading Integration
5paisa Capital, one of India's leading discount broking firms, has officially launched its Model Context Protocol (MCP). This framework integrates Claude, a state-of-the-art large language model (LLM), with 5paisa's internal APIs. This launch represents a strategic integration aimed at enhancing user experience and brings AI-powered trading capabilities to 5paisa users. With MCP, 5paisa users can now perform a wide range of trading tasks – from placing orders and analyzing market data to backtesting strategies – simply by interacting with Claude via natural language. This rollout aligns with 5paisa's vision to simplify advanced trading tools for everyday investors. Gaurav Seth, MD & CEO, 5paisa Capital With the MCP, users can now harness the power of cutting-edge LLMs to make more informed trading decisions using real-time market data and their own custom datasets. By enabling intelligent prompt-based trading through 5paisa XStream Open APIs, MCP empowers users to bring any data source – be it weather, crop yield, or macroeconomic indicators – into the decision-making process for personalized stock market analysis. 'We believe the future of investing lies in empowering users with intelligent tools that are not just data-driven, but context-aware. Model Context Protocol is our answer to the growing need for adaptive AI in financial decision-making,' said Gaurav Seth, MD & CEO, 5paisa Capital. 'With MCP, even non-coders can now interact with complex datasets and advanced trading strategies through natural language – truly putting the power of institutional-grade analytics into the hands of everyday investors.' Key Features of 5paisa MCP AI-enabled Trading Assistant : Built-in support for Claude LLM, with plans to support additional AI models soon. Prompt-Based Interface : No coding knowledge required – simply type commands like 'Backtest my breakout strategy from Jan 2021 to Dec 2022'. Custom Data Integration : Users can include external context (e.g., climate data, economic forecasts) for enhanced decision-making. Encrypted & Private : All data shared is encrypted during transit; users retain full control of data sharing. Free for Existing Users : MCP is available at no additional cost to all current 5paisa account holders. Cross-Platform Support: Available on Windows, Mac, and Linux via Claude Desktop. The MCP assistant can also be used without logging in for general information and market research. However, advanced trading features and account-linked capabilities will remain exclusive to authenticated users. This launch reinforces 5paisa Capital's commitment to offering the most innovative, accessible, and secure trading solutions in the Indian financial landscape. MCP is now live and accessible via the desktop and web application for all 5paisa customers.
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Business Standard
20-05-2025
- Business
- Business Standard
PierSight gains strategic investors to grow satellite maritime surveillance
Space-tech startup PierSight has secured additional capital through a seed extension round, bringing its total funding to $8 million. The company is developing a constellation of Synthetic Aperture Radar (SAR) and Automatic Identification System (AIS) satellites to deliver continuous, all-weather maritime surveillance. The funding will support the firm's expansion plans and hiring across multiple engineering roles. 'We have the necessary resources in place to reach our upcoming targets,' said Gaurav Seth, co-founder and chief executive officer of PierSight. 'This round was about welcoming partners who bring frontline experience in ocean sustainability and port operations, and can help us build a world-class team.' The new investment comes from the Sustainable Ocean Alliance (SOA) and its venture arm, Seabird Ventures, along with CE-Ventures—the corporate venture capital platform of Crescent Enterprises. Other investors include Nandan Reddy (co-founder, Swiggy), Natasha Malpani Oswal (investor, Boundless), and Sahil Lavingia (founder, Gumroad). 'It's a strong validation to have CE-Ventures as a backer, given that the parent, Crescent Enterprises, operates the region's largest privately-owned independent port operator through its subsidiary, Gulftainer,' said Vinit Bansal, co-founder and chief technology officer of PierSight. PierSight is working with coast guards, insurers, shipping lines, port operators, and ocean conservation NGOs to tackle maritime challenges. These include monitoring Exclusive Economic Zones (EEZs), detecting illegal, unreported, and unregulated (IUU) fishing, tracking oil spills, identifying dark vessels, and preventing marine insurance fraud. 'PierSight's ocean-focused satellite constellation will be highly scalable for conservation outcomes by exposing the 'dark side' of ocean activities like illegal fishing and offshore pollution dumping,' said Matt Mulrennan, head of investments at the Sustainable Ocean Alliance. 'Enforcing ocean regulations and achieving full ocean monitoring by 2030 is an area where conservationists, governments, and big ocean industries are all eager to collaborate.' The company successfully launched its technology demonstration satellite, Varuna, in December 2024 and qualified its payload subsystems to TRL-7. PierSight's first commercial SAR + AIS (VDES-enabled) satellite is in development and scheduled for launch in mid-2026. Its maritime analytics platform, MATSYA, is also under development, with a release expected in Q4 2025. A drone-borne SAR system is currently undergoing flight testing and is slated for commercial availability by Q4 2025. 'PierSight is pioneering a new frontier in satellite-based maritime intelligence with its innovative use of Synthetic Aperture Radar technology,' said Sudarshan Pareek, senior vice-president and head of ventures at CE-Ventures. 'The team is building the next-generation ocean observability stack, solving critical challenges in global shipping, security, and environmental tracking.'
Khaleej Times
20-05-2025
- Business
- Khaleej Times
Space-tech startup PierSight adds strategic investors, bringing total funding to $8 million
PierSight, a space-tech company building a constellation of Synthetic Aperture Radar (SAR) and Automatic Identification System (AIS) satellites for 24/7, all‑weather maritime intelligence, today announced it has secured additional capital in a seed extension, bringing the company's total funding to $8 million. 'We have the necessary resources in place to reach our upcoming targets,' said Gaurav Seth, Co‑founder & CEO of PierSight. 'This round was about welcoming partners who bring frontline experience in ocean sustainability and port operations and can help us build a world‑class team.' The new investment comes from the Sustainable Ocean Alliance (SOA) and its venture arm, Seabird Ventures, as well as CE-Ventures, the corporate venture capital platform of Crescent Enterprises, and leading technology operators Nandan Reddy (Co-founder, Swiggy), Natasha Malpani Oswal (Investor, Boundless), and Sahil Lavingia (Founder, Gumroad). 'Our mission aligns well with UN Sustainable Development Goal 14, which is about conserving and sustainably using the oceans and marine resources. Sustainable Ocean Alliance's (SOA) investment is a strong signal that we take this mission seriously,' added Seth. 'It's a strong validation to have CE-Ventures as a backer, given that the parent, Crescent Enterprises, operates the region's largest privately-owned independent port operator through its subsidiary, Gulftainer,' said Vinit Bansal, Co-founder & CTO of PierSight. PierSight is collaborating with coast guards, insurers, shipping lines, port operators, and ocean conservation NGOs to address challenges such as monitoring Exclusive Economic Zones (EEZs), detecting Illegal, Unreported, and Unregulated (IUU) Fishing, monitoring oil spills, dark-vessel detection, and marine insurance fraud, among others. 'PierSight's ocean-focused satellite constellation will be highly scalable for conservation outcomes by exposing the 'dark side' of ocean activities like illegal fishing and offshore pollution dumping. Enforcing ocean regulations and achieving full ocean monitoring by 2030 is an area where conservationists, governments, and big ocean industries are all eager to collaborate.' Matt Mulrennan, Head of Investments, Sustainable Ocean Alliance. 'PierSight is pioneering a new frontier in satellite-based maritime intelligence with its innovative use of Synthetic Aperture Radar technology. Gaurav and Vinit's technical depth, combined with their proactive business thinking, has been incredible. We are proud to back a team that's building the next-generation ocean observability stack, solving critical challenges in global shipping, security, and environmental tracking.' Sudarshan Pareek, Senior Vice President and Head of Ventures, CE-Ventures. The company successfully launched its technology demonstration satellite, Varuna, in December 2024 and qualified payload subsystems to TRL-7. PierSights's first commercial SAR + AIS (VDES‑enabled) satellite is in development for a mid‑2026 launch. Its maritime analytics platform, MATSYA, is under development with a planned Q4 2025 release, while a drone‑borne SAR system is in flight‑testing, slated for commercial availability in Q4 2025.
