About PHI 1
PHI 1 is a Technology company based in Mumbai (India) founded in 2019 by Rajesh Jaykrishan Patel, Alpa Rajesh Patel, and Varshal Thakor. An algorithmic trading platform for stock investments is operated. The company has 7 employees. Its chief executive, as recorded, is Rajesh Jaykrishan Patel. Its Indian entity Powerweave Heuristic Investment Technologies Private Limited reported revenue of ₹26.7 Lakh. Its focus areas include FinTech, Investment Tech, Online Trading Platforms and Stocks.
Company details
PHI 1 was established in 2019 in Mumbai, India, within the fintech sector. An algorithmic trading platform is provided to support stock investments through automated strategies. Core operations involve data-driven trading tools and investment management services. The company is led by co-founders Rajesh Jaykrishan Patel as CEO, Alpa Rajesh Patel, and Varshal Thakor. Activities are centered in India, with a focus on accessible trading solutions for investors.
- Headquarters Mumbai, India
- Employees 7
- Founders Rajesh Jaykrishan Patel, Alpa Rajesh Patel, Varshal Thakor
- SectorsTechnology
- Email••••••••
- Website phi1.io
- Social LinkedIn X Facebook
- Legal Name Powerweave Heuristic Investment Technologies Private Limited
- Date of Incorporation 15 May, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹26.7 Lakh
FY 2025 · +153% YoY
- Net Loss-₹46.9 Lakh
FY 2025 · -176% margin
- EBITDA-₹46.9 Lakh
FY 2025 · -176% margin
- Employee Count7
Associated legal entities of PHI 1
PHI 1 is associated with 2 registered companies on The Company Check; the primary company is Powerweave Heuristic Investment Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Powerweave Heuristic Investment Technologies Private Limited CIN U72900MH2019PTC325428 | Active | 15 May 2019 | Mumbai, Maharashtra | ₹0.3 Cr | 7 | 2 | View details |
| Power Weave Software Services Private Limited CIN U72200MH2000PTC125682 | Active | 07 Apr 2000 | Mumbai, Maharashtra | ₹142 Cr | 620 | 2 | View details |
Board of directors of Powerweave Heuristic Investment Technologies Private Limited (PHI 1)
Powerweave Heuristic Investment Technologies Private Limited is the primary company behind PHI 1. The boards of the 2 registered companies of PHI 1 currently have 2 directors; the longest-serving is Rajesh Jaykrishan Patel, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Jaykrishan Patel DIN 01847026 | Director | 15 May 2019 | 7 yrs 5 mo | Powerweave Heuristic Investment Technologies Private Limited, Power Weave Software Services Private Limited |
| Alpa Rajesh Patel DIN 00503256 | Director | 15 May 2019 | 7 yrs 5 mo | Powerweave Heuristic Investment Technologies Private Limited, Power Weave Software Services Private Limited |
People of PHI 1
3 people are tracked at PHI 1 (3 in leadership); the tracked headcount is 7.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Varshal Thakor | Co-Founder | Leadership |
Complete people profiles for PHI 1
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Financials of PHI 1
Figures of Powerweave Heuristic Investment Technologies Private Limited, the primary company behind PHI 1, for FY 2025. Revenue was ₹26.7 Lakh (+153% year on year). Net loss was -₹46.9 Lakh (-176% margin). EBITDA was -₹46.9 Lakh (-176% margin). Revenue has grown at a compounded annual rate of +82% over three years and +276% over five years.
- ₹26.7 LakhRevenue · FY 2025 · +153% YoY
- -₹46.9 LakhNet loss · -176% margin
- -₹46.9 LakhEBITDA · -176% margin
- ₹1.50 CrPaid-up capital
- 7Employees (provident fund records)
- +82%Revenue CAGR, 3 years
- +276%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Powerweave Heuristic Investment Technologies Private Limited are on its company page.
Detailed financial statements for PHI 1
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as PHI 1 (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Phi 1
Complete news archive for PHI 1
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Frequently Asked Questions about PHI 1
PHI 1 was founded in 2019.
PHI 1 is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rajesh Jaykrishan Patel is the CEO of PHI 1, as recorded in our data. They have also founded this company.
PHI 1 has 7 employees.
The primary company behind PHI 1, Powerweave Heuristic Investment Technologies Private Limited, reported revenue of ₹26.7 Lakh for FY 2025, up 153% year on year.
PHI 1 was established in 2019 in Mumbai, India, within the fintech sector. An algorithmic trading platform is provided to support stock investments through automated strategies. Core operations involve data-driven trading tools and investment management services. The company is led by co-founders Rajesh Jaykrishan Patel as CEO, Alpa Rajesh Patel, and Varshal Thakor. Activities are centered in India, with a focus on accessible trading solutions for investors.
PHI 1 is associated with 2 legal entities: Powerweave Heuristic Investment Technologies Private Limited, Power Weave Software Services Private Limited.
The legal entities of PHI 1 currently have 2 directors, including Rajesh Jaykrishan Patel, Alpa Rajesh Patel.