Shaan Patel, 22, Founds New Quantitative Investment Firm

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22-year-old Shaan Patel launches Quant Investment Firm, SPAM, managing ₹36 crore

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News18•06-03-2026, 16:45

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.

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