Neerav Gala

Founder

Neerav brings in 17+ years of valuation experience across industries and geographies. Prior to setting up Artoval Advisors, he set up the valuation practice at PERCH. Prior to this, he was heading the Equity Research practice at Sutherland, a boutique research firm, wherein he has managed teams of 20+ analysts. His clienteles were elite Investment Banks, Brokerage Houses, Fund Managers and large Consulting Firms. Prior to Sutherland, he was working with Crisil, largest credit rating agency in India and subsidiary of S&P. He was responsible for their equity research space and have significantly grown the engagements. Prior to this, he was working with Morgan Stanley, one of premier US Investment Banking institution, wherein he was responsible for cross-border M&A deals. Prior to this he has done his internship with ICICI bank, one of the largest private sector banks in India wherein he was part of credit risk management team.

He is Chartered Accountant from Institute of Chartered Accountants of India, Registered Valuer from IBBI, FMVA from CFI and Commerce Graduate from Mumbai University, India. Additionally, he is also an active trainer for CA, CFA and other finance professional courses. He is associated with several educational institutes to provide training in the finance field.

In his short free time, he doesn’t miss an opportunity of cycling and solving complex arithmetic and logical riddles. In longer one, he travels to explore the various facets of life

Nikhil Loharuka

Partner

Nikhil has 22+ years of experience across Valuations, Financial Research, Corporate Finance & Strategy and Accounting. He has worked with Firms like Ernst & Young, Sutherland and CRISIL. He has managed large delivery operations, worked with Business Development teams in client solutioning, set-up new business verticals and managed diverse client relationships.

He is a Chartered Accountant from Institute of Chartered Accountants of India and a Company Secretary from Institute of Company Secretaries of India. He also completed the Financial Risk Manager certification from GARP and has cleared all the 3 levels of the CFA exams.

In his leisure time, he doesn’t miss an opportunity to follow cricket. 

Krunal Maru

Krunal has 6+ years of core valuation experience. He leads all valuation engagements and has sector agnostic, asset class agnostic and geography agnostic experience. He has a good hold over detailed and complex KPI-driven financial modelling and business valuations across all major sectors. He has a rich experience in handling valuation assignments for regulatory purposes such as fund raising, transfer of ownership, Mergers and Acquisitions, Purchase Price Allocations under various Indian laws. He has also performed Valuation of Intangibles such as Brands, Software, Contracts to assist in financial reporting purposes and has also successfully closed complex valuation engagements like ESOP and Warrants valuation. He has a good command over preparation of valuation reports, financial feasibility reports and credit rating reports.

He is a Chartered Accountant finalist from Institute of Chartered Accountants of India. He is also FMVA certified analyst from Corporate Finance Institute (CFI) and holds a Bachelor of Commerce degree from Mumbai University, India.

His interests include analyzing stock market, reading articles related to finance and hobbies include travelling, cycling, hiking and adventure outdoor activities.

Yogesh Sakunia

Yogesh brings in 14+ years of experience in Equity Research, Financial Consulting and Training. He started his career in equity research with CRISIL getting exposure to various industries and geographies. Post that he started his own Financial Consulting firm and a Training Institute. Was involved in all facets of managing the training institute from lead generation, conversion, deliver and student success. Was actively involved in training students for various professional courses (CFA, CIMA, ACCA) and skilled based courses (financial modelling). Also worked as a Head of Products (Accounting and Finance) for a training institute.

He is Chartered Accountant from Institute of Chartered Accountants of India, Completed a Leadership and Management course from Indian Institute of Management Kolkata, is at the Strategic Level of CIMA(U.K) and has cleared level 1 of CFA.

In his free time, he loves to cook, play and watch cricket and provide career advice to people aspiring to work in finance

Anuj Jaithliya

Anuj brings 10+ years of experience in equity investments and fund management  industry globally. He has experience across start-up investment, private equity as well as global public market investments. He started his career as a sell-side analyst covering Indian equities. After which he joined CRISIL Global Research & Analytics (subsidiary of S&P) as Global equity analyst where he worked with global hedge funds and private equity funds. He currently works for a family office and manages liquid capital investments. 

He holds degree of Chartered Accountant from the Institute of Chartered Accountants of India and Commerce graduate Degree from MDS University.

Other than investing his interest also includes traveling to unexplored places globally and playing outdoor sports with friends .

Manan Pamani

In the past decade, Manan has evolved from carrying out research support activities to active idea generation.  He has a blend of experience spanning across startup investment to public markets and ranging from sell-side to buy-side investment research. Manan currently works for a family office and has oversight on the public and private investments for the fund which is investing globally. In the past, he has actively Utilities and Infra sector for multiple geographies across his roles at Crisil Global Research & Analytics and Evalueserve Ltd. 

He holds an MBA (Finance) and Computer Engineering degrees and is a CFA charterholder.

Other than investing, he spends his time reading and cherishing unforgettable moments with his kid.

Raj Saya

Raj has 10+ years of Equity Research experience. He specializes in fundamental research in the BFSI sector (Europe, Indian and ASEAN markets). Over the years, he has worked with various firms on both buy-side and sell-side research and also consulted on M&A deals in the Indian life insurance sector leveraging his sector expertise. He has worked with clients across geographies

Raj is a CFA Institute (US) charterholder and also a Chartered Accountant from the Institute of Chartered Accountants of India. He graduated in commerce in 2010.

His interests include tracking stocks and markets, reading books on investment, and hobbies include football, travel and reading fiction.

 

Anoop John

With over 15 years of expertise in financial analysis and investment research across both buy-side and sell-side roles, Anoop has carved out a notable career at several prestigious global financial institutions and consultancy firms. His journey in investment research commenced at ING Investment Management, where he covered a diverse range of sectors within the Indian markets. During his tenure with the Asian Tactical Research Group at Goldman Sachs, he authored numerous influential thematic investment reports and provided bespoke investment strategy advisories to a roster of institutional investors. As a Vice President at Goldman Sachs Asset Management, he spearheaded portfolio management and investment research efforts within the Healthcare sector for the firm’s multi-billion-dollar US Small Cap Value Fund. As an Assistant Director at Ernst & Young, he led pivotal engagements in Business Valuation and Corporate Finance spanning diverse industries. Throughout his career, he served a wide client base that includes multinational investment banks, hedge funds, pension funds, and large sovereign funds, among others.

Anoop holds an MBA from the Indian Institute of Management, Lucknow, and a Bachelor’s degree in Computer Science and Engineering from the National Institute of Technology, Calicut.

Beyond his professional endeavours, Anoop nurtures a passion for cooking, reading non-fiction, and exploring new destinations through travel. 

 

Aditya Jain

Aditya Jain has 14 + years of experience in Financial Reporting , Audit, Finance, investment and Compliance roles. Started his career in the field of Auditing of listed of listed companies and subsequently moved into various business partnering roles with a few companies. In the last decade he has worked closely with funds , family offices and investee companies . He supports clients with M & A advisory , fund raising and streamlining operations. He as an experience of working with clients in multiple geographies .

He a Chartered Accountant from the Institute of Chartered Accountants of India. He graduated in commerce in 2008 from Calcutta University. His interest include reading , travel , running.

 

Nimit Ramaiya

In his 18+ year career, Nimit transitioned from being a third-generation entrepreneur to being a management consultant. Leveraging his experience in market research and financial analysis, he built numerous feasibility studies for budding entrepreneurs and SMEs.

He has worked at Crowe, where he served as a Business Advisor, supporting clients with M&A advisory and transaction services. In the last two years, Nimit founded an advisory boutique dedicated to tackling challenges, creating value, and building strategic partnerships to accelerate startup growth. He now focuses on helping early-stage startups with market validation, investor preparedness, and fundraising.

An MBA graduate currently pursuing a Doctorate in Business Administration, Nimit is passionate about helping founders succeed.

When not mentoring founders, he enjoys intellectual pursuits, listens to music in analog form, and travels to be culturally woke.

 

Arpi Shah

Arpi has over 10 years of experience in the finance analysis & planning, reporting and financial advisory space and was earlier associated with Citi. Bank, eClerx Service and S&P Global Market Intelligence (formally known as SNL financials). She managed team of 10+ analysts handling institutional clients group operations (ICG) and technology teams. She has expertise in financial planning & analysis, MIS reporting, data analytics and data management to enable clients to make informed decisions.

Worked across teams and stakeholders to standardization and automation of existing processes to achieve continuous improvement and efficiency. She is an MBA, Finance from Globsyn Business School and BBA from Gujarat University. Her interests include craft work and reading and hobbies include travelling and outdoor adventure activities.

Disha Kotadiya

Disha Kotadiya has expertise in buy-side & sell side M&A advisory, financial modelling, valuation, fundraising activities and feasibilities market studies across various industries. Her areas of expertise include the preparation of financial modelling, investor memorandum, pitch books, company profiles, industry studies and economies studies. She is also proficient with renowned financial advisory databases used in M&A advisory.

She is a B.Com graduate from Gujarat University’s National College of Commerce. In addition, she is pursuing the ACCA qualification.

She loves to listen music, reading novels and travelling & exploring new places.

Vaibhav Belhekar

Vaibhav brings in 9+ years of legal and merger and acquisition experience across industries and geographies. He is currently practicing corporate attorney and Non-Executive Chairman of the Board of Directors of Eolico Art & Info Private Limited & ArtCurve Private Limited, his family-owned companies operating in high-end art collector’s monetary valuations. His clientele is predominantly from technology, pharmaceutical and luxury real estate industry. He specialises in cross border merger and acquisitions.

He began his career as an analyst at the then leading art & auction company in London, England and subsequently became Director of American based technology startup, with responsibilities for legal department, investment and strengthening the company’s investments and assets on North American shores.

He is a law graduate of The Ferguson College of the University of Pune and enrolled as attorney on All India Bar Council of India.           

He is very keen collector of vintage watches, classic motorcars, antiques and art.

Vipin Singh

Vipin is a highly creative and multi-talented Creative Designer with extensive experience of over 15 years in PowerPoint Presentations, multimedia, marketing, and print design. He has experience in working some of the largest global Investment Banks such as Lehman Brothers, Nomura, Barclays, and other fortune 500 companies. He is qualified in designing PowerPoint Pitch books, corporate presentations, Information Memorandum, Sales Pitch Presentation, etc. for Investment Bankers. He has expertise in innovation and data visualization and content visualization to represent content in the form of graphics and infographics.

Currently, working closely with Indian Prime Minister Office and Ministry of Education in designing a book to be signed by our Honorable Prime Minister (Shri. Narendra Modi) for Pan-India launch.

He holds MBA (Operations, India), BCA (India), 3DMax Trainer (Discreet, UK)