The investment by the country’s largest stock exchange has been done through its subsidiary NSE Data & Analytics.
“The investment in CQS is a part of NSE’s program for investment in the fields of analytics, digital, robotics, security, artificial intelligence, machine learning, blockchain etc., where start-ups require early stage financing and incubation to expand and realize their full potential,” said Managing Director and Chief Executive Officer Vikram Limaye.
Capital Quants Solutions is a technology start-up that provides software products using machine learning and natural language proficiency to analyse structured information from complex financial documents.
The stock exchange has been on an investment spree recently as it acquired financial data provider Cogencis earlier this year for Rs 140 crore and deep technology education company TalentSprint for an undisclosed amount.
The exchange had also acquired a 26 per cent stake in Indian Gas Exchange, a unit of
, earlier this month.
