Quantum Advis

Mumbai, India Founded: 1990 • Age: 36 yrs Soonicorn
Investment advisory and research services are provided globally.
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About Quantum Advis

Quantum Advis is a Financial Services company based in Mumbai (India) founded in 1990 by Ajit Dayal. Investment advisory and research services are provided globally. Quantum Advis has raised $18 million across 1 funding round from investors including HWIC Asia Fund. The company has 59 employees. Quantum Advis was last valued at $979.87 million in July 2016. Its chief executive, as recorded, is Piyush Thakkar. Its Indian entity Quantum Advisors Private Limited reported revenue of ₹77.13 Cr. Its focus areas include Services for Investment Industry, Consultancy Services and Diversified.

Company details

Quantum Advis was established in 1990 and is headquartered in Mumbai, India. Investment advisory and research services are delivered by the firm within the financial sector. Core operations encompass market analysis, portfolio guidance, and strategic recommendations for clients. The company is led by founder Ajit Dayal and CEO Piyush Thakkar, with a focus on professional advisory support in emerging markets.

  • Headquarters Mumbai, India
  • Employees 59
  • Founders Ajit Dayal
  • Stage Soonicorn
  • Sectors
    Financial Services
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website qasl.com
  • Social LinkedIn X
  • Legal Name Quantum Advisors Private Limited
  • Date of Incorporation 31 Jan, 1990
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → Investment & Wealth Tech
Key Metrics
  • Annual Revenue
    ₹77.13 Cr

    FY 2025 · -6% YoY

  • Net Loss
    -₹21.54 Cr

    FY 2025 · -28% margin

  • EBITDA
    -₹17.78 Cr

    FY 2025 · -23% margin

  • Total Equity Funding
    $18M (USD)

    in 1 rounds

  • Latest Funding Round
    $18M (USD), Series A

    Jul 2016

  • Employee Count
    59

Funding Insights of Quantum Advis

Quantum Advis has successfully raised a total of $18M through 1 strategic funding round. The most recent funding activity was a Series A round of $18 million completed in July 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $18M
  • Total Rounds 1
  • Last Round Series A — $18M
  • First Round $18M

    (Jul 2016)

  • Investors Count 1

All 1 funding rounds of Quantum Advis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2016$18MSeries A$979.87MHWIC Asia Fund
–
Valuation history
DateValuationStage
Jul 2016$979.87M••••••••

Last known valuation $979.87M (Jul 2016). 1 investors in total: 1 institutional.

Investors in Quantum Advis

Quantum Advis has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include HWIC Asia Fund.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
HWIC Asia Fund
Private equity investments are directed toward financial and diverse sectors.
hwicasiafund.tcc.modeEbene City, Mauritius
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Investor details for Quantum Advis

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Quantum Advisors Private Limited (Quantum Advis)

Quantum Advisors Private Limited is the primary company behind Quantum Advis. The board of Quantum Advisors Private Limited currently have 7 directors; the longest-serving is Iyer Venkata Subramaniam, appointed in 2013. 15 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Iyer Venkata Subramaniam
DIN 00253917
Managing Director01 Feb 201313 yrs 8 moQuantum Advisors Private Limited
Marsha Joan Vande Berg
DIN 06910328
Director02 Jul 201412 yrs 3 moQuantum Advisors Private Limited
Ajay Nanavati Vipin
DIN 02370729
Director15 Mar 20197 yrs 7 moQuantum Advisors Private Limited
Hormazdiyaar Shiavax Vakil
DIN 00060835
Director27 Aug 20197 yrs 2 moQuantum Advisors Private Limited
Praveen Purushottam Kadle
DIN 00016814
Director26 Nov 20205 yrs 11 moQuantum Advisors Private Limited
Nalini Kak
DIN 08020486
Director25 Jun 20215 yrs 4 moQuantum Advisors Private Limited
Derek Michael Brodersen
DIN 10154909
Director28 Jun 20233 yrs 4 moQuantum Advisors Private Limited

People of Quantum Advis

9 people are tracked at Quantum Advis (8 in leadership, 1 in team); the tracked headcount is 59.

NameRoleGroup
Ajit Dayal
FounderLeadership
Piyush Thakkar
CEOLeadership
Tehsin Lakkadghat
Head - Accounts & FinanceLeadership
Ketav Chaphekar
Head – Compliance, Legal & SecretarialLeadership
Chirag Mehta
Chief Investment Officer (qamc)Leadership
Arvind Chari
Chief Investment Officer, Q India (uk), Ltd.Leadership
Jimmy A Patel
Managing Director, QAMCLeadership
Rajendra Thakkar
Head Of Risk ControlLeadership
Nilesh Shetty
Portfolio Manager, EquityTeam
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Complete people profiles for Quantum Advis

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of Quantum Advis

Figures of Quantum Advisors Private Limited, the primary company behind Quantum Advis, for FY 2025. Revenue was ₹77.13 Cr (-6% year on year). Net loss was -₹21.54 Cr (-28% margin). EBITDA was -₹17.78 Cr (-23% margin). Revenue has grown at a compounded annual rate of -7% over three years and -1% over five years.

  • ₹77.13 CrRevenue · FY 2025 · -6% YoY
  • -₹21.54 CrNet loss · -28% margin
  • -₹17.78 CrEBITDA · -23% margin
  • ₹11.22 CrPaid-up capital
  • 59Employees (provident fund records)
  • -7%Revenue CAGR, 3 years
  • -1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Quantum Advisors Private Limited are on its company page.

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Detailed financial statements for Quantum Advis

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Quantum Advis

3 dated milestones of Quantum Advis across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Quantum Advis is founded.
  2. Funding First funding round of $18.0M.
  3. Milestone Reaches Soonicorn status.

Web traffic of Quantum Advis

The website of Quantum Advis (qasl.com) receives about 1.9K visits a month.

  • Monthly visits
    1.9K

    ▲ 1.3% vs previous month

Top companies in Investment & Wealth Tech

3 companies that operate in the same segment as Quantum Advis (Investment & Wealth Tech) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
UTI Mutual Fund
Mutual funds, portfolio management, and retirement planning services are offered.
2001Mumbai, Maharashtra, IndiaUSD 142.4 MUSD 180.76 M1,840
Geojit
Investment consultant for future & options and commodities
1987Kochi, Kerala, IndiaUSD 71.52 M2,690
Raise Holding
Technology-led financial products and infrastructure services are provided for consumers.
2021Mumbai, Maharashtra, IndiaUSD 145.66 MUSD 1.98 M376
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Related news about Quantum Advis

EU trade deal unlikely to hurt Indian autos; banks offer better play, says Quantum Advisors - CNBC TV18
CNBCTV18 • 9 months ago
FIIs selling likely to ease, largecaps offer comfort: Nilesh Shetty, Quantum Advisors - The Economic Times
Economic Times • 1 year ago
Quantum Advisors’ Launch of Q India Advantage Fund
Globallegalchronicle • 2 years ago
Top PMS funds see outflows amid poor showing
Thehindubusinessline • 2 years ago
Three Tata veterans join hands with Quantum for $1Bn ESG fund
Yourstory • 7 years ago
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Complete news archive for Quantum Advis

Full article history, source details, and older brand coverage require an active premium plan.

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Frequently Asked Questions about Quantum Advis

Quantum Advis was founded in 1990 and raised its 1st funding round 26 years after it was founded.

Quantum Advis is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Piyush Thakkar is the CEO of Quantum Advis, as recorded in our data.

Quantum Advis is a funded company, having raised a total of $18M across 1 funding round to date. The company's 1st funding round was a Series A of $18M, raised on Jul 2016.

Quantum Advis has 59 employees.

The primary company behind Quantum Advis, Quantum Advisors Private Limited, reported revenue of ₹77.13 Cr for FY 2025, down 6% year on year.

Quantum Advis was established in 1990 and is headquartered in Mumbai, India. Investment advisory and research services are delivered by the firm within the financial sector. Core operations encompass market analysis, portfolio guidance, and strategic recommendations for clients. The company is led by founder Ajit Dayal and CEO Piyush Thakkar, with a focus on professional advisory support in emerging markets.

Quantum Advis has 1 investor. Key investors include HWIC Asia Fund.

The valuation of Quantum Advis is $979.87M as of Jul 2016.

Quantum Advis operates through Quantum Advisors Private Limited.

The legal entities of Quantum Advis currently have 8 directors, including Marsha Joan Vande Berg, Ajay Nanavati Vipin, Nalini Kak and others.

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