What Valentis Advisors does

Valentis Advisors Pvt Ltd is a SEBI-registered Portfolio Management Services (PMS) firm headquartered at Nariman Point, Mumbai, founded in 2015 by Jyotivardhan Jaipuria after a 21-year tenure at DSP Merrill Lynch. The firm was originally named Veda Investment Managers Pvt Ltd before rebranding, and it obtained its PMS license (SEBI Reg: INP000005125) in 2016. Valentis offers discretionary PMS as its core service, supplemented by non-discretionary PMS and investment advisory services, and currently distributes two flagship strategies: the Rising Stars Opportunity Fund (mid- and small-cap focused, buy-and-hold, 3+ year horizon) and the Multi-Cap Fund (dynamic allocation across market caps based on risk-adjusted return views).

The firm's investment approach is fundamentally research-driven, anchored by a proprietary "3U" philosophy of buying Under-valued, Under-performing, and Under-owned stocks, combined with a Growth at a Reasonable Price (GARP) framework targeting companies at inflection points in their earnings cycle. The team is small (1–10 employees, nine named professionals covering investment, operations, dealing, and domestic business) but carries significant pedigree from DSP Merrill Lynch, ICICI Securities, ENAM, Religare, IDFC AMC, and other top Indian capital markets institutions. Valentis is a founder-owned, privately held company with no disclosed external institutional investment.

Valentis generates revenue through recurring PMS management fees supplemented by performance fees that align founder and client incentives — the firm states that founders co-invest in the same funds as clients. The go-to-market is primarily direct, founder-led sales targeting high-net-worth individuals and, secondarily, qualified institutional investors, supported by media presence (ET Now, CNBC-TV18, Zee Business, BloombergQuint) and a digital onboarding stack (fees calculator, UPI payment, disclosure documents). Operating geographies are India-only, and revenue and AUM figures are not publicly disclosed.

Name

Valentis Advisors

Legal name

Valentis Advisors Pvt Ltd

Website

https://valentisadvisors.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Valentis Advisors is a SEBI-registered Portfolio Management Services firm in Mumbai offering discretionary and non-discretionary equity PMS to high-net-worth individuals and institutional investors, following a research-driven GARP and "3U" (Under-valued, Under-performing, Under-owned) investment philosophy.

Ownership category

akta.pro rank

Product category

Portfolio Management Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Mid-Cap Equity (Active) (FSAAAIAB)

akta.pro secondary industry

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

Keywords

• Portfolio management services
• Investment advisory
• Equity fund management
• Wealth management
• Asset management

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Portfolio Management Services Fees: Valentis generates revenue through fees charged for managing client portfolios under PMS license from SEBI. The firm charges performance fees which incentivize superior performance. They offer discretionary PMS services (primary), non-discretionary PMS, and advisory services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Valentis Advisors is a Mumbai-based Portfolio Management Services (PMS) firm founded in 2015 that provides discretionary and non-discretionary portfolio management, along with investment advisory services, primarily to High Net Worth Individuals (HNIs) and institutional investors. The firm manages equity portfolios using its proprietary 3U (Upside, Uniqueness, Undervaluation) Investment Philosophy and offers products such as the Rising Stars Opportunity Fund and Multi-Cap Fund with a minimum investment threshold of 50 lakhs.

Product overview

Valentis Advisors offers a unified Portfolio Management Services (PMS) platform with multiple fund products under its umbrella. The core offerings include the Rising Stars Opportunity Fund (targeting mid and small-cap stocks with a long-term buy-and-hold strategy) and the Multi-Cap Fund (providing dynamic allocation across large, mid, and small caps based on risk-adjusted return views). Complementing these are discretionary PMS, non-discretionary PMS, and advisory services. The investment philosophy follows a GARP (Growth at a Reasonable Price) approach, focusing on stocks at inflection points in their earnings cycles.

Differentiator

Problem solved

Functional benefit

Brands

• Rising Stars Opportunity Fund: A fund focusing on capital appreciation in the medium term to long term by investing in cherry-picked stocks mostly in the Mid and Small cap space with a buy and hold strategy.
• Multi-Cap Fund

Products and services

• Discretionary Portfolio Management Services (PMS)
• Non-Discretionary Portfolio Management Services (PMS)
• Investment Advisory Services
• Rising Stars Opportunity Fund
• Multi-Cap Fund

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Alchemy Capital Management: India-focused PMS provider offering discretionary equity strategies (including small/mid-cap) to HNI investors. Comparable philosophy (long-term, research-led) and PMS-only business model.
• ValueQuest Investment Advisors: SEBI-registered PMS firm in India with a small, research-led team running concentrated equity strategies for HNIs. Directly comparable team size, philosophy, and PMS product mix; Valentis's own Neel Veera previously worked at ValueQuest.
• ASK Investment Managers: One of India's largest and most established PMS providers, offering discretionary equity and multi-asset strategies to HNI and institutional clients. Comparable to Valentis on PMS structure, target HNI segment, and equity-focused discretionary offerings.
• Marcellus Investment Managers: India-focused, research-driven discretionary PMS firm serving HNI clients with concentrated, long-term equity portfolios. Highly comparable to Valentis on philosophy (long-term, concentrated, GARP-style), client segment, and SEBI PMS license model.
• Sundaram Alternates: Indian PMS-focused firm running multiple equity strategies including small/mid-cap and multi-cap offerings for HNI clients. Directly comparable in product mix, regulatory model, and segment focus.
• Ambit Investment Advisors (PMS): Indian buy-side firm with a discretionary PMS vertical running equity strategies, including mid/small-cap, for HNI clients. Comparable on PMS structure, equity philosophy, and target segment.

Broad incumbents

• Motilal Oswal Investment Managers (PMS): Large Indian asset manager with a PMS business alongside mutual funds, focused on long-term equity investing including mid/small-cap strategies. Overlaps Valentis on strategy style and client type, but with significantly broader product range and institutional scale.
• Kotak Mahindra Asset Management (PMS): Large Indian AMC with a PMS vertical offering equity-focused discretionary strategies to HNI clients. Comparable on PMS regulatory framework and target segment, but embedded within a bank-led, multi-product platform with materially larger AUM.
• IIFL Asset Management (PMS): Offers discretionary PMS and advisory equity strategies to HNI and family-office clients as part of a broader wealth and asset management platform. Comparable client segment and PMS offering, but with a much larger distribution and product footprint.

Regional players

• ITI Mutual Fund / PMS: Indian asset manager with active mid/small-cap equity offerings; competes for the same HNI capital pool but is more weighted toward mutual fund structures than a pure PMS. Useful as a regional incumbent benchmark for fees and product overlap.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Valentis Advisors