New Delhi, March 7 -- Shaan Patel, a 22-year-old entrepreneur based out of Gujarat, has emerged as one of India's youngest fund managers after launching his own quantitative investment platform.

His company, Shaan Patel Asset Management (SPAM), focuses on data-driven equity strategies, and is positioning itself as a new entrant in India's alternative investment landscape.

According to the company, it currently manages close to Rs.36 crore in assets and operates within the regulated Alternative Investment Fund (AIF) framework in the country, news agency ANI reported.

The firm operates in the space of quantitative investing, which utilises mathematical models, statistical analysis and algorithmic systems to spot opportunities in financia...