Presenting

Capital Quotient

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

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.

FinTech

WEBSITE

https://capitalquotient.com/

HEADQUARTERS

Bangalore, Karnataka, , India

COMPANY SIZE

41 to 60

FOUNDED

2016

Stories

Stories about Capital Quotient

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Awards

Awards and Recognitions

50 Disruptive Startups of India - 2019

A YourStory list of startups in 2019 with groundbreaking ideas that are creating a deep impact.

Capital Quotient aims to help people inculcate a habit of saving, by leveraging technology, gamification, and a planning-first approach. Investments in different asset classes can be automatically synced for users on the platform if Capital Quotient is given permission to their emails and messages. The company stands out as, from the beginning, it has maintained a strictly non-sales approach towards wealth management, steering clear of any distribution-based model. In July 2019, Capital Quotient launched a payroll-based programme application, ‘Siply’, aimed at helping employees of small- and medium-sized enterprises in Tier II and III India cities, with IDFC Bank as the tech-integration partner for nodal accounts. The advisory currently has a presence in Bengaluru and Bhopal. The company is targeting a 7x annual growth rate and revenue of Rs 10 crore by FY20. In addition to Tier I cities, it is also betting heavily on Tier II and III cities. The company said it plans to set up physical operations in 40 cities this fiscal. Capital Quotient is also looking to counter competition by launching exclusive products on its platform. At present, it largely caters to customers looking to pay back their loans by making smarter investment choices.