Research Reinvented

Smartkarma is on a mission to change how the investment research industry views, values, and drives research.

Our Mission

We are on a bold mission to change the way market participants engage with research. By creating a new model for investors to collaborate, add and extract value from our tested and uniquely positioned global community, we are changing the research landscape for global institutional investors.

Our Values

Freedom of Thought
Prayer Mindedness

Our Name


Independent research by Insight Providers for investors, shared in a more intelligent and efficient manner than previously possible.


Emphasis on mutually beneficial collaboration, ensuring success of the network is driven by collective action, work, and deeds.

Our Founders

Raghav Kapoor, CEO and Co-Founder, Smartkarma

Raghav Kapoor

Co-founder & CEO

Raghav believes wholeheartedly in the power of technology to solve complex problems. He co-founded Smartkarma with a vision to bring simplicity, efficiency and transparency to the world of investing. As CEO, Raghav drives product strategy, technology development and a relentless pursuit of perfection in every aspect of the company’s operations.

Over his career, Raghav has worked in various positions of leadership across major financial institutions and also as an entrepreneur. Prior to co-founding Smartkarma, Raghav was a Managing Director at Religare Capital Markets from 2010 to 2014. He joined Religare upon the successful exit of Aviate Global (Asia), where he was a Founding Partner. From 2006 to 2009, Raghav was Vice President of Regional Equities Sales at Citigroup, where he grew and managed several large relationships.

Outside of his passion for technology, Raghav brings to Smartkarma his love for investing. He was ranked as Asia’s Number 1 investment idea generator from 2011 to 2013, based on the performance analysis of over a million top investment ideas.

Raghav graduated with a First Class Honours in Computer Science from Cambridge University and a Masters in Management Science & Engineering from Stanford University.

Jon Foster, Co-Founder, Smartkarma

Jon Foster

Co-founder & Chairman

Jon has spent more than 15 years in Asian financial markets, specializing in Equity Special Situations on both the buy and sell side. Over his career Jon has built several specialist research driven businesses that differentiate themselves from the dominant players. At Smartkarma, Jon drives product and content strategy, takes the Smartkarma story to the world, and actively manages relationships with external stakeholders.

Prior to co-founding Smartkarma, Jon was a Director at Religare Capital Markets from 2010 to 2014, where he headed the Global Special Situations Group. He was a founding partner and director at Aviate Global (Asia) from 2009-2010 prior to its successful sale to Religare. Previously, Jon was a Junior Portfolio Manager at Millennium Partners, and one half of the two-person team that founded Churchill Capital in Asia.

Jon loves working with a team of intelligent and creative people who are not afraid to challenge convention and take risk in pursuit of a mission.

He graduated from RMIT University with a Bachelor of Business, Economics and Finance.

Lee Mitchell, Co-Founder, Smartkarma and CEO of SKX

Lee Mitchell

Co-founder & CEO of SKX

As CEO of SKX, a subsidiary of Smartkarma, Lee’s team provides customers with bespoke, independent and best-in-class payment solutions. Lee has more than 10 years of experience specializing in event-driven investing in Asian markets. Throughout his career, Lee has built and led a number of teams, inspiring his colleagues with creative and intelligent best sales practices. Lee drives monetization strategy for Smartkarma, and business strategy for SKX. He also manages relationships with external stakeholders.

Prior to co-founding Smartkarma, Lee was a sales trader at Aviate Global in 2010 when it was bought by Religare, and was a director at Religare Capital Markets from 2010 to 2014 within the Global Special Situations team. Between 2005 to 2009, Lee was the Head of Sales Trading at Churchill Capital Australia.

Lee is excited to be surrounded by such a focused and inspiring team.

Lee has a Graduate Diploma in Financial Planning as well as a Diploma in Financial Markets from the Securities Institute of Australia.

Our Investors

Sequoia and Wavemaker Invest in Smartkarma
Spring Singapore and Jungle Invest in Smartkarma

Smartkarma close Series B round taking the total equity investment to USD 21 million.