Capital Quotient is a startup that offers advisory on different asset classes including mutual funds and stocks

Basic Information

Capital Quotient’s core proposition is advisory. Relying heavily on machine learning algorithms, the startup offers advisory on different asset classes on the platform, including mutual funds and stocks. Capital Quotient released its personalised advisory in December 2017. Its ‘Siply’ application enables employees of small enterprises to create a savings fund with a little monthly contribution and get a contribution from their employers as well. It targets those falling under the less-than-10,000 salary bracket. The company’s revenue is generated through payments for its advisory services. Currently, for a wealth manager, the platform charges a one-time advisory fee of 0.25 percent of the wealth managed. It also offers a subscription model, under which customers are charged Rs 299 per month for an automated AI advisory; a three-year subscription comes at a fee of Rs 10,300. See more

Legal Name

:

Quotient Digital Solutions Private Limited

Headquarters

:

Bangalore, Karnataka, India

Business Model

:

B2C, 

B2B 

Founding Date

:

2016

No. of Employees

:

41 to 60

Core Team

:
1.

Sousthav Chakrabarty

Co-Founder & Chief Executive Officer

2.

Gautam Reddy

Co-Founder & Chief Operating Officer

3.

Anil Bhat

Co-Founder & Chief Technology Officer

Funding

Detail Round Breakdown

Round 1

$600k

Series Name

:

SEED

Date

:

Jun 2019