NSE Data invests in Capital Quant Solutions startup
NSE Data and Analytics, a wholly-owned subsidiary of leading stock exchange NSE, on Wednesday said it has invested in technology startup Capital Quants Solutions Ltd (CQS).
NSE Data, Stock exchange NSE, National Stock Exchange of India
New Delhi: NSE Data and Analytics, a wholly-owned subsidiary of leading stock exchange NSE, on Wednesday said it has invested in technology startup Capital Quants Solutions Ltd (CQS).
CQS is an India-based technology startup focused on providing software products using machine learning and natural language proficiency that help in extracting and analysing structured information and building machine learning models for extracting data from complex unstructured financial documents.
"The investment in CQS is a part of NSE's programme for investment in the fields of analytics, digital, robotics, security, artificial intelligence, machine learning and blockchain, where startups require early stage financing and incubation to expand and realise their full potential," said Vikram Limaye, MD and CEO at NSE.
Through such partnerships with select startups, which have demonstrated technological potential, the National Stock Exchange of India (NSE) Group aims to further strengthen its technology leadership, he added.
