Young founder Shaan Patel builds Quant Investment Venture focused on data-driven strategies

Ahmedabad-based entrepreneur Shaan Patel, 22, is part of a new generation of finance professionals exploring technology-driven approaches to investing. He is the founder of Shaan Patel Asset Management, a quantitative investment venture that applies data science and mathematical models to equity market strategies.

The firm operates within India’s Alternative Investment Fund (AIF) framework and currently manages assets estimated at around ₹36 crore, according to company information.

Quantitative investing, often referred to as 'quant investing', relies on statistical models and algorithm-based analysis to identify investment opportunities. Unlike traditional approaches that may depend heavily on subjective judgement or market narratives, quantitative strategies follow systematic rules designed to analyse large datasets and identify patterns in financial markets.

Patel says his interest in the field began during his academic studies, where he explored the intersection of finance, artificial intelligence and data science. He completed a Bachelor’s degree in Finance and Investment and later pursued a Master’s in Artificial Intelligence and Data Science, focusing on the application of computational models to financial markets.

While still studying, Patel began experimenting with algorithmic strategies and financial models. In September 2023, he started testing these strategies with proprietary capital in live market conditions, gradually refining them over time.

The firm formally launched its Flexi-Cap Strategy on July 10, coinciding with the Hindu festival Guru Purnima, with an initial asset base of about ₹25 crore.

According to Patel, the investment approach combines quantitative research, systematic portfolio construction and structured risk management processes. The aim is to reduce behavioural bias while maintaining a disciplined framework for market participation.

In March 2025, Shaan Patel Asset Management received approval from the Securities and Exchange Board of India (SEBI) to operate as a Category III Alternative Investment Fund (AIF). This category allows investment managers to deploy more complex trading strategies, including algorithmic and quantitative approaches, subject to regulatory guidelines.

Quantitative investing has gained increasing attention globally as financial markets become more data-intensive and technology-driven. Many investment firms are now exploring algorithmic research, machine learning models and automated trading systems to enhance decision-making.

As part of its future plans, Patel says the firm intends to build a team specialising in quantitative research, data science and portfolio risk management to support its investment platform.

While still early in its journey, Shaan Patel Asset Management reflects a broader trend in India’s financial sector, where younger entrepreneurs are experimenting with technology-led investment strategies and data-driven financial analysis.

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