FLAME University


The Epicentre of Value Investing in India

Emerging Sectors and Investing Implications
with Rajeev Thakkar and Raunak Onkar

July 8 - July 9, 2023


FLAME was founded with the concept of liberal education as its cornerstone. FLAME celebrates ideas, cherishes diversity, and strives to deliver an academic experience that fosters intellectual curiosity, a critical thought process, self-reflection, leadership and teamwork skills, a sense of commitment and professionalism and a heightened sensitivity to one’s sociocultural environment. FLAME aims to provide an interdisciplinary platform of education by propagating different models and paradigms through, but not limited to, history, philosophy, political sciences, psychology, business, economics, mathematics and finance.

As part of its endeavor to constantly redefine education, FLAME inducted the FLAME Investment Lab (FIL), an initiative that strives to deliver the concepts and decipher the art of value investing to interested students. FIL believes in the dictum “invest in yourself”. It provides tools for self-learning and acquiring knowledge, constantly striving for intellectual stimulation and asking questions. FIL strives to widen your horizons, aiding you to connect the dots within seemingly disparate information. FIL truly believes that the best investment is investing in yourself. As Socrates has said, “I cannot teach anybody anything. I can only make them think.”

After successfully hosting multiple FLAME Investment Lab programs, we are excited to announce the ‘FLAME Investment Lab – Emerging Sectors and Investing Implications with Rajeev Thakkar & Raunak Onkar’, from July 8 – July 9, 2023.



Rajeev Thakkar

Rajeev Thakkar

Possessing over two decades of experience in various segments of the capital markets such as investment banking, corporate finance, securities broking and fund management, he is currently the Chief Investment Officer and Director at PPFAS Mutual Fund.

His association with PPFAS Ltd. (The Sponsor of PPFAS Asset Management Company Ltd.) began in 2001. He was appointed the Fund Manager for the erstwhile flagship scheme of the Portfolio Management Service, titled “Cognito” in 2003.

He is a strong believer in the school of “value-investing” and is heavily influenced by Warren Buffett and Charlie Munger’s approach. Apart from his technical ability, what distinguishes him from many others is his ability to stand his ground and remain unflappable during difficult times.

He is a regular contributor to Mint newspaper and has also appeared on business channels such as Bloomberg India TV and ET Now.

He is a qualified Chartered Accountant, Cost Accountant and CFA Charterholder.

Raunak Onkar

Raunak Onkar

Raunak Onkar is a Co-Fund Manager and the Research Head at PPFAS Mutual Fund.

After his Bachelors in IT and an MBA in Finance, Raunak started his capital markets journey with PPFAS, over a decade ago. As an analyst he covers a variety of businesses and sectors and is a regular speaker at PPFAS’ Monthly Event, Financial Opportunities Forum series on Youtube.

Program Outline

  • AI & Applications
  • What is AI?
    • Background and the History of the field
    • Demystifying Jargon
    • AI / ML / Deep learning / Neural Networks etc
    • R&D efforts & milestones
    • Popular Models
  • Applications (Current & Future)
    • Automation
      • Labour Reducing Technologies
      • Labour Replacing Technologies
    • Impact on Manufacturing Industry
      • Factories
      • Logistics
      • Robotics
      • Industry 4.0
    • Impact on Services Industry
      • Mobility
      • Menial Tasks
      • Legal Services
      • Education
      • Telecommunications
      • Software Development
      • AI.gov (Government Services)
      • Medicine
      • Research
      • Financial Services (Capital Markets, Insurance, Banking)
      • Generative AI and creative services


  • Prior knowledge of technology is useful but not necessary.
  • After his Bachelors in IT and an MBA in Finance, Raunak started his capital markets journey with PPFAS, over a decade ago. As an analyst he covers a variety of businesses and sectors and is a regular speaker at PPFAS’ Monthly Event, Financial Opportunities Forum series on Youtube.


Someone who is expecting a technical discussion on AI and its various applications will probably be disappointed as both the speakers are not experts in the field of AI research.


No stock tips will be given. The course is about developing the right-thinking style to become more rational. While this has many useful applications and investing wisely is one of them, if you are contemplating attending this workshop to find ways to get rich quickly, then please do not apply as you will be disappointed.


  • Graduate and above
  • Any educational background


  • INR 25,000 plus GST (INR 29,500) which includes tuition, course materials, meals and on campus accommodation.
  • Fee does not include travel and other incidental expenses.
  • Candidates need to submit the application form online and mail the payment to FLAME. Only cheques will be accepted as a payment method.
  • The cheque payment must reach FLAME by the application deadline. Kindly note, even if the application is submitted, but the payment does not reach FLAME by the application deadline, the application will be deemed incomplete and annulled.
  • Cheques should be made payable to ‘FLAME University’.
  • Cheque should be dated June 1, 2023. Candidates should write their name and the program they have applied for behind the cheque.
  • Cheques should be mailed to ‘FLAME University, Gat No. 1270, Lavale, Off. Pune Bangalore Highway, Pune - 412115, Maharashtra, India.
  • Candidates are requested to use preferred courier services such as Speed Post or Blue Dart.

Refund policy

  • In the event that FLAME University is unable to provide the program, all fees will be fully refundable.
  • For selected candidates:
    • If request for withdrawal is received before and upto June 17, 2023, full amount of the fee paid shall be refunded.
    • If request for cancellation is received after June 17, 2023, 10% of the fee paid shall be refunded. GST on cancellation will be applicable.


To apply the applicant must complete the application form: https://www.flame.edu.in/academics/flame-investment-lab/application-form.


Accommodation will be provided in an AC, single occupancy room to all participants at the FLAME campus in Pune for one night of July 8, 2023.


July 8 - July 9, 2023


April 15, 2023


Confirmation emails will be sent to the selected participants by April 22, 2023


FLAME University | Gat No. 1270, Lavale, Off. Pune Bangalore Highway, Pune - 412115, Maharashtra, India.


FLAME offers 60 acres of tranquil space, just 13 kms. from the Pune University main gate. It is an eco-friendly campus adjoining a 18-hole golf course. FLAME has an international sized cricket ground, football, tennis, basketball and volleyball courts, outdoor Olympic sized swimming pool, track and field, futsal and handball at their disposal. A fitness and conditioning studio, badminton courts, billiards tables, squash courts, table tennis, carrom and chess ensure that FLAME’s sports facilities are second to none.

Its academic spaces include lecture theatres, conference rooms, a library, a performing arts studio, a visual arts studio, a sculpture studio, Physics, Chemistry and Biology labs, and amphitheatres. Some of the other amenities include cafes, Wi-fi connectivity, an infirmary and an ambulance in case of emergency.

During the duration of the program, participants are encouraged to explore the campus and use the facilities FLAME offers.


Phone: +91 9657709882 (Text & Whatsapp only)
Toll-free No: 1-800-209-4567
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.flame.edu.in


Program Brochure


Equity Analysis for Beginners
June 15 - June 18, 2023
June 21 – June 25, 2023
Frameworks of Equity Investing
July 13 - July 16, 2023
Elements of Self-Leadership
July 28 - July 30, 2023
FLAME Investment Lab Alumni Meet
August 4 - August 6, 2023