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About Appetals

We build the systems that make Indian businesses multiply

13,000+
Entrepreneurs trained
115+
Products shipped across six industries
30+
Years building systems at scale
2011
Founded in Mumbai, India

Our Ethos

Operating depth before presentation polish

A report is useful only if it changes what the business does next. Every Appetals engagement is built around a decision, a system, and a measurable operating change. If the work cannot help a founder decide what to fix first, it is not finished.

Our story

A track record since 2011

2011

Founded in Mumbai

Appetals begins in Mumbai with one operating belief. A growing business needs solid systems before it needs more commitments.

The first engagements place managed technology teams inside client organisations, including FCB Ulka, RK Swamy BBDO, Grey Worldwide and Sony Music. The client keeps control. Appetals carries delivery. The firm incorporates as a private limited company in 2015.

2011 to 2024

115 products, six industries

Across these years the team ships more than 115 products and enterprise systems for clients in media, financial services, edtech and study abroad.

The list includes Sony Music, Zee Entertainment, JM Financial, Kidzee, Collegepond and Finqy. Each build adds a pattern to a cross-sector library: what moves revenue in one sector, tested against the next.

2019

Ahead of the curve

Appetals ships its own products to test where the market is heading. MockRabbit scores a candidate's spoken interview answers with AI, a world first, years before talking to machines became normal. The same instinct now powers Marg.

2025

Marg takes shape

The cross-sector knowledge gets codified into Marg, an AI workforce of specialist agents covering research, diagnostics, financial modelling and execution planning. What lived in the founder's head becomes a workforce every engagement can call on.

2026

Advisory launches

Appetals launches its advisory practice for Indian SMEs. Every engagement starts with a free 90-Day Growth Blueprint, built from public data and signed by a Senior Advisor before it reaches the founder.

Our people

The bench

Deliberately small on headcount. Large on capability. A Senior Advisor signs every Blueprint that leaves this firm.

Appetals is deliberately small on headcount and large on capability. Ishwar Jha, Founder and CEO, leads every advisory engagement directly. Marg, an AI workforce of specialist agents, runs the data and analysis layer. We are building a partner network of independent consultants who will extend our reach into Manufacturing, Financial Services, and the other ICPs. Partner onboarding begins in mid-2026.

Portrait of Ishwar Jha
Ishwar Jha Founder and CEO

Ishwar Jha has spent 30 years building operating systems across media, technology, and digital businesses. He signs the early Growth Blueprints and leads the Senior Advisor standard for the firm. CIO, Sony Music India. Head of Digital Services and CEO, Digital Media Convergence Ltd. (Zee Entertainment). 30 years building operational systems at scale.

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Portrait of Abhay Bhalerao
Abhay Bhalerao Senior Advisor

Abhay Bhalerao brings manufacturing, technology, and capital-markets judgment to research reports and growth plans. Former Managing Director at J.P. Morgan. Ranked number one technology analyst by Institutional Investor for ten years. He co-signs the manufacturing research reports and Blueprints.

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Marg

The Marg AI workforce: specialist agents that research, build, and review alongside every Appetals partner, in every cycle.

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