Friday, May 03, 2024
Outlook.com
Outlook India
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Wealth Management

The fund aims to provide strong positive absolute returns with low risk in all market conditions through a multi-strategy quant approach

The company also plans to use the funds to foray into hyperlocal e-commerce through its new platform, pincode

The acquisition will provide an exit to existing investors and help Nuvama tap into Pickright's platform capabilities, while Pickright will continue to operate independently