Sousthav Chakrabarty & Gautam Reddy – Quotient Digital – Bessemer Venture Partners

Sousthav Chakrabarty & Gautam Reddy – Quotient Digital – Bessemer Venture Partners

Sousthav Chakrabarty and Gautam Reddy seen pitching Quotient Digital – a personal finance platform.

Quotient Digital Solutions Pvt Ltd was founded in 2016 and is a holding company for multiple technology-based platforms. It aims to raise awareness and spread the importance of financial planning so that people can take control of their own finances. It has a team of 9 people.

Website: capitalquotient.com

The founders are Sousthav Chakrabarty (CEO), M Gautam Reddy (COO), Anil Bhat (CTO) and Ajay Prasad (Technology head)

CapitalQuotient(CQ) is a comprehensive personal finance platform built around a non-distribution (SEBI RIA approach) and a planning-first (through holistic Financial Planning) approach armed with institution- grade research-backed curation of investment avenues, and a direct mode execution engine.

WealthQuotient(WQ) is built as a layer on top of the CapitalQuotient platform, but bundled together with business tools like CRM, Product Scoping etc for financial intermediaries which enables them to better manage and enhance their business, provide instant access to their customers on their financial plan, investment portfolio and shortfalls.

CQ – Online services – Wallet based subscription model with average annual recurring revenue of INR 1,128 per annum per user.

CQ – Offline services – Advisory fees based on AUM (not including Assets Under Supervision) – 0.50% or Portfolio Value enhanced whichever is lower – charged quarterly

WQ – Partner services – Slab based subscription model charging partners on total number of users active per month