Product · Equity research · AI for investing

I build products that find what the market misses.

Now Head of AI Equity Research Product, StockFox

Co-founder of KamayaKya, a SEBI-registered research firm. Growth at fair prices, in India's overlooked smallcaps.

In football, a good coach reads where the player has to be in three seconds, not where he is now. A good analyst does the same with a company, on a longer clock. An AI engine can do it across more signals than any single human can read end to end. Same instinct, every chapter: read the pattern before the field does.

Fourteen years of it, across sports, the consumer internet, and equity research.

Track record · KamayaKya · 4.5 years · as on FY26 · firm internal

The numbers behind the work.

₹55 Cr+
Client wealth advised
31%
CAGR over three years
3,000+
Paying subscribers
34 / 40
Positions closed profitably
₹1.14 Cr
FY26 revenue
Zero
SEBI incidents
Story

Five chapters, one instinct.

Five chapters, one instinct: walk up the curve of the work.

0/0 signals
← → walk · drag to move
You found every signal. ✦
My career, as the one chart I'd actually walk.
The framework · mine, refined since 2018

A 100-point engine for forward signal extraction.

01 · Growth, six forward catalysts

Find the reason the future differs from the past

Capex at high utilisation or into value-added products, promoter buying, margin-mix shifts, policy and PLI tailwinds, turnarounds, strategic JVs.

02 · Valuation, matched to business type

The right lens for the right business

EV/EBITDA for capital-intensive and cyclical names, P/B for financials where improving ROE signals a re-rating, PEG for stable growers. Never a PE multiple on a cyclical.

03 · Forensics, fifteen checks

Downside protection, run first

Cash-flow versus reported-profit divergence, related-party patterns, receivables bloat, promoter pledging, auditor changes, contingent liabilities, and more. The opportunity comes first; the forensics keep it safe.

04 · Exit, decided on day one

Exit is half the job

Pre-committed conditions for when the signal degrades or when opportunity cost says the capital works harder elsewhere.

50+
plant visits
300+
management interactions
The numbers tell you where to look; the ground tells you what is real.
What I've built

Five live, two in build.

StockFox In build

Head of AI Equity Research Product (consulting) since July 2026. I design the scoring engine of an AI-native equity platform: business quality, growth, catalysts, risk and valuation weighed together, so a stock scores well only when they agree. Every version is backtested point in time over 1 and 3 years.

ipo-apply-engine.pages.dev
IPO Listing Score, the live IPO board
IPO Listing Score Live

One question for every mainboard and SME IPO in India: will it list above the price you pay? It reads the prospectus, the exchange filings, the grey market four times a day and the bids at the end of each bidding day, then ranks the IPO from 0 to 100 against past IPOs on the same board. Every score is written down before listing and never changed. Listing day only, not advice.

ipo-apply-engine.pages.dev ↗
portfolioclash.com
Portfolio Clash, the six-theme game board
Portfolio Clash Live

India's stock market board game for 2 to 6 players: six real Indian market themes, secret news cards in your hand, a market close every round. Play the computer, pass one phone around, or open a table for friends from a WhatsApp link. Play money, no sign-up.

portfolioclash.com ↗
hormuz-watch-2.pages.dev
Hormuz Watch, Strait of Hormuz signal dashboard
Hormuz Watch Live

Real-time Strait of Hormuz signal layer: tanker transits, geopolitical risk, and the read-through to oil.

hormuz-watch-2.pages.dev ↗
india-risk-monitor.pages.dev
India Risk Monitor, macro-risk dashboard
India Risk Monitor Live

A daily macro-risk dashboard for India: 60 public-data signals across markets, credit, currency, geopolitics, and sentiment, in one view. Free, no sign-up.

india-risk-monitor.pages.dev ↗
mutualfund-decoder.aniket-kulkarni.workers.dev
MF Analyzer, mutual fund scoring
MF Analyzer Live · in active development

Scores mutual funds and ETFs across 8 dimensions and 19 tiered triggers into a single 1-to-10 verdict, with basket-level commentary.

mutualfund-decoder.aniket-kulkarni.workers.dev ↗
Causal Idea Engine In build

Most research engines find correlations. This one builds causal chains. Inputs: everything an institutional analyst reads on a normal day. Output: a small set of high-conviction Indian listed candidates with the structural reason for each one attached.

Skills

What I work with.

Product
0→1 product creationRoadmap & strategyPRDs & user storiesRequirement analysisWireframing & design directionBacklog prioritisationAgile deliveryLifecycle & retention
Investing & domain
Equity & fund researchModel portfolios & smallcase baskets100-point scoring frameworkFund due diligencePortfolio construction & rebalancingValuation (EV/EBITDA, P/B, PEG)Forensic governanceHNI advisorySEBI RA compliance
Growth & data
GA4MixpanelFunnels & activationConversionExperimentationReferral designKPI definitionLight Python / SQL
Build & AI
ReactVercelCloudflareNetlifyFigmaLovableClaude CodeChatGPTPrompt engineeringAI products in production
Operating
P&L ownershipTeam leadershipStakeholder alignmentRisk & compliance ownershipOperations
About
Aniket Kulkarni

Aniket S. Kulkarni. Founder-operator. Co-founder of KamayaKya, a SEBI-registered Research Analyst firm (INH000009843), where I was CEO and Compliance Officer through July 2026. Co-founder of Zona Mista Sports with Aman Bansal. Earlier, founded UnitedBuzzz (UFNPL), a Manchester United fan platform that grew to 800,000 followers.

Based in Pune. Travels often.

On the road
DJing as Mūditā

Off-hours I DJ as Mūditā: techno, deep house, the occasional progressive set.

Connect

If any of this resonates, I'd like to hear from you.

Whether you are building, investing, or thinking about the same problems.