22-year-old Shaan Patel launches Quant Investment Firm, SPAM, managing ₹36 crore
22-year-old Shaan Patel launches Quant Investment Firm, SPAM, managing ₹36 crore
- •22-year-old entrepreneur Shaan Patel launches Shaan Patel Asset Management (SPAM), a quantitative investment firm.
- •SPAM manages ₹36 crore in assets, operating within India's regulated Alternative Investment Fund (AIF) framework.
- •Firm focuses on quantitative investing, using mathematical models, statistical analysis, and algorithmic systems for data-driven equity strategies.
- •Launched Flexi-Cap Strategy on July 10 with ₹25 crore; refined investment models through live market conditions since September 2023.
- •Received SEBI approval as a Category III AIF in March 2025, positioning itself in India's growing quant investment ecosystem.