ArthAlpha, a quantitative investment firm, has appointed Kalpen Parekh, MD & CEO of DSP Mutual Fund, as a Board Observer, and Kunal Bajaj, an industry veteran in investment management and financial markets, as a Board Advisor.
Kalpen Parekh brings over two decades of experience in financial markets, having held leadership roles at ICICI, Birla Sun Life, IDFC, and DSP. As MD & CEO of DSP Mutual Fund, he has played a pivotal role in shaping long-term investment strategies and driving wealth creation.
Kunal Bajaj, with over 20 years of experience across global financial institutions such as Jefferies, Credit Suisse, CLSA, Goldman Sachs (Japan) has an extensive background in capital markets, M&A, and strategic growth. As founder & CEO of Clearfunds—later acquired by MobiKwik—he built a disruptive wealth-tech platform that evolved into a diversified financial services powerhouse.
“We are delighted to welcome Kalpen Parekh and Kunal Bajaj to ArthAlpha. Their expertise in investment management and financial markets aligns with our vision of blending human ingenuity with technology-driven investing. Their strategic insights will be invaluable as we push the boundaries of quantitative finance,” said Rohit Beri, CEO and CIO of ArthAlpha.
Kalpen Parekh, MD and CEO of DSP Mutual Funds said, “ArthAlpha’s approach to integrating human intelligence with advanced quantitative methods is truly groundbreaking. I look forward to supporting their mission to build a transparent, data-driven investment framework.”
Kunal Bajaj added, “ArthAlpha is at the forefront of quantitative finance innovation. Their ability to merge AI-driven research with human expertise is impressive, and I am excited to contribute to their strategic growth and product innovation.”
Founded in 2022 by Rohit Jha and Rohit Beri, ArthAlpha is a quantitative investment firm headquartered in Bengaluru. Its AI-powered Quant Research Platform streamlines the entire investment process, from data curation and strategy development to backtesting and portfolio management.
Recently, ArthAlpha raised $2 million in a seed funding round led by DSP Asset Managers with participation from family offices and wealth managers.

