Financial Data RPA (Robotics Process Automation) fintech venture company Antock announced on the 8th that it participated in the 2025 Startup Mahakumbh event held in India for three days from April 3 to showcase its "Victory Road" algorithm.
"Startup Mahakumbh" is India's largest startup fair, which is its second year, with about 3,000 companies and more than 50,000 people participating. Antock participated in the event to conduct a demand survey targeting the Indian market and evaluate the applicability of technology following the Singapore FinTech Festival in 2024 and the 2025 CES as part of its market advancement to the global market.
Antock revealed its "Victory Road" algorithm at the event. This algorithm is an artificial intelligence-based model that scientifically predicts a company's future growth potential and proactively discovers promising companies. It is characterized by evaluating startups and innovative venture technology companies based on future technology and business capabilities, not current financial performance.
Antock completed the objective performance evaluation of the algorithm by conducting PoC (Technology Verification) work with IBK Industrial Bank for two years in Korea. In addition, based on the model, he participated in the Samsung Financial C-Lab Outside Program last year and received the Excellence Award.
Based on its achievements in Korea, Antock is currently seeking to enter advanced financial markets such as the United States and Singapore, and further exploring the Indian market is also underway. At the startup Mahakumb event, Antock received positive reviews by demonstrating the principle and actual driving process to major financial stakeholders in the Indian market.
In particular, potential market demand was identified from institutions in charge of startup discovery and financial support, such as banks, venture capital, and public institutions. Antock plans to continue to connect with the Indian market and explore business possibilities based on the initial network established in the region.
Antock is a fintech venture company established in 2015 and aims to solve the problem of information asymmetry in the financial industry by using IT technology. Antok automatically identifies more than 1.5 million corporate companies in Korea through big data technology and collects 300 alternative data for each company to capture investment opportunities and provide risk management solutions.
Currently, Antock is supplying data and solutions to major financial institutions and public institutions in Korea, and is effectively supporting domestic companies' digital transformation through financial data processing and analysis automation systems.
Based on its technical stability and successful cases in Korea, Antock plans to establish an overseas subsidiary this year and expand its global business in earnest.
"Based on our experience in developing financial data-related RPA technology over the past decade, we plan to apply it in other countries to expand it to global services," Antock CEO Park Jae-joon said.
"We were able to confirm at this event that potential demand is sufficient in the Indian market." Park added that Antock's solution has already proven its competitiveness in major financially advanced countries and has received positive responses in the developing Indian market.
