Capital Quotient

wealthtech (retail)investment platforms

FOUNDING YEAR: 2016
LOCATION: India
Last Update: 01/05/2020

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About

Financial Planning made easy to understand, affordable and at the fingertips of a wide target base of users who are aspirational, ambitious and hands-on in their investment decision making process - all through a subscription based model encompassing free financial plan in minutes, option to add investments and view instantly how their financial goals can be funded, investment advisory on any gaps in the goal requirements, and real-time updates apart from a host of other functionalities. CapitalQuotient is the next gen operating system for personal finance.

MEDICI Analysis

CapitalQuotient is a financial planning platform for individuals. It enables users to plan their finances and also provides automatic investment allocation on the basis of individual's financial goals.

Focus

PRODUCTS & SERVICES

Online comprehensive financial planning engine Investment Advisory engine Direct mode execution platform Real-time allocation, monitoring and rebalancing engine Household level expense management linked to financial plan Online real estate advisory and management platform In house P2P lending platform as investment option for captive customers

REVENUE MODEL

Wallet based monthly subscription for different services on a progressively engaging revenue model

PRIMARY PROBLEM SOLVED

Integration of financial planning with direct mode execution and real-time monitoring and advisory. Whereas most other robo-advisors are focussing on new investments, our platform unlocks value in existing investments which has much larger potential for value addition and revenue generation. Also makes financial concepts easier to understand, gamified, and elements of instant gratification for taking positive steps towards financial success.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

People

FOUNDERS

Sousthav Chakrabarty

Gautam Reddy

NUMBER OF EMPLOYEES

51-200

KEY EMPLOYEES:

Ajay Prasad

Vikram Gopali

Sousthav Chakrabarty (CEO); Gautam Reddy (COO)

COMMENT:

We have the right mix of experience as three of the four co-founders have more than a decade of experience each,,technical background as one co-founder is alumni of BITS,the other is currently engaged as an architect at one of India's largest e-commerce firms. We are advised by a partner of a Global Top 3 audit firm, a Global Director of Robo-Advisory at a Global Top 5 bank, the Strategy Head of one of India's largest Asset Management companies,a Real Estate company CEO who has experience across FMCG, Durables, BFSI,Real Estate.

Momentum

FUNDED

YES

TOTAL FUNDING

$600 K

DATE OF LAST FUNDING

Jun 2019

SEED & PRIOR FUNDING

$600 K

SEED CLOSED ON

Jun 2019

LISTED

NO

For Investors

FUNDING NEEDED:

$75 K

USES OF FUNDS RAISED:

1. Development team

2. UX Design

EXIT STRATEGY

With changing regulations for banks as published by RBI, all banks have to segregate advisory and distribution. With that in mind, several banks and WM firms may be keen on taking over an online Registered Investment Advisor to offer their clients online financial planning through a separate entity. Hence takeover possibilities exist. Additionally foreign entities wishing to enter the country or domestic companies in related domain wishing to expand their value proposition would be keen on a takeover. However the ultimate goal of the promoters is to take the company public.

MONTHS LEFT WITH CURRENT CASH BURN RATE:

6 months from 25 Jan, 2017

COMPETITORS:

GoalWise

fundsindia

scripbox

myuniverse

arthayantra

bharosaclub

moneyfrog

moneyview

gullak

BASICS

FOUNDING YEAR:

2016

LOCATION:

India

Views:

43 VISITORS | 69 VIEWS
LATEST FUNDING ROUND

$600 K

TOTAL EMPLOYEES
51-200

About

Financial Planning made easy to understand, affordable and at the fingertips of a wide target base of users who are aspirational, ambitious and hands-on in their investment decision making process - all through a subscription based model encompassing free financial plan in minutes, option to add investments and view instantly how their financial goals can be funded, investment advisory on any gaps in the goal requirements, and real-time updates apart from a host of other functionalities. CapitalQuotient is the next gen operating system for personal finance.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

CapitalQuotient is a financial planning platform for individuals. It enables users to plan their finances and also provides automatic investment allocation on the basis of individual's financial goals.

Focus+
Momentum+
People+
For Investors+
Other+

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Capital Quotient

About

Financial Planning made easy to understand, affordable and at the fingertips of a wide target base of users who are aspirational, ambitious and hands-on in their investment decision making process - all through a subscription based model encompassing free financial plan in minutes, option to add investments and view instantly how their financial goals can be funded, investment advisory on any gaps in the goal requirements, and real-time updates apart from a host of other functionalities. CapitalQuotient is the next gen operating system for personal finance.

Focus

PRODUCTS & SERVICES

Online comprehensive financial planning engine Investment Advisory engine Direct mode execution platform Real-time allocation, monitoring and rebalancing engine Household level expense management linked to financial plan Online real estate advisory and management platform In house P2P lending platform as investment option for captive customers

REVENUE MODEL

Wallet based monthly subscription for different services on a progressively engaging revenue model

TOP PROBLEM SOLVED

Integration of financial planning with direct mode execution and real-time monitoring and advisory. Whereas most other robo-advisors are focussing on new investments, our platform unlocks value in existing investments which has much larger potential for value addition and revenue generation. Also makes financial concepts easier to understand, gamified, and elements of instant gratification for taking positive steps towards financial success.

PRODUCT DEVELOPMENT STAGE

PROTOTYPE

PRODUCT DEVELOPMENT COMMENT

Current roadmap - Online services being designed under capitalquotient.com -> Basic algorithms and financial planning module developed, UX finalized, UI under development -> Investment/Portfolio addition -> Investment rating/ranking -> Investment advisory -> Direct mode investment execution -> Household level expense management -> Allocation and re-balancing engine -> App based services -> Other features as per plan

KEY DIFFERENTIATORS

Full service advisor as against fragmented service providers, backed by a robust Offline service model. Primarily targeting Aspirational existing and new investors, across a wide demographic which is under-served by banks and wealth management firms, and primarily targeting existing investment portfolio which is currently not under radar of any robo-advisory firm.

PRIMARY CUSTOMER TYPE

Consumer

People

FOUNDERS

Sousthav Chakrabarty

Gautam Reddy

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CEO, FOUNDER: Sousthav Chakrabarty

CTO: Anil Bhat

COO, FOUNDER: Gautam Reddy

Technical Staff: Ajay Prasad

Software Engineer: Vikram Gopali

employee: Sousthav Chakrabarty (CEO); Gautam Reddy (COO)

TEAM COMMENT:

We have the right mix of experience as three of the four co-founders have more than a decade of experience each,,technical background as one co-founder is alumni of BITS,the other is currently engaged as an architect at one of India's largest e-commerce firms. We are advised by a partner of a Global Top 3 audit firm, a Global Director of Robo-Advisory at a Global Top 5 bank, the Strategy Head of one of India's largest Asset Management companies,a Real Estate company CEO who has experience across FMCG, Durables, BFSI,Real Estate.

Momentum

FUNDED

NO

LISTED

NO

FUNDING SERIES