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IIFL Securities partnered with Alphaniti

Published on January 30, 2022
Current Context: IIFL Securities has partnered with Alphaniti, which is a fintech company.
IIFL Securities partnered with Alphaniti
  • The partnership will allow the investors to invest and trade in a stock offering.
  • Due to this partnership, Alphaniti will be able to redefine the experience of direct investments as it will offer high-quality products at affordable costs by leveraging big data, deep domain expertise, and technology.
  • The customers of IIFL Securities will be able to invest and trade in a wide range of products offered by Alphaniti.
  • Customers will be able to avail Aphaniti’s unique single stock recommendation engine ‘alphagenie’.
  • The ‘Alphagenie’ will offer unbiased stock selection and unique value-added indicators like ‘the probability of success’ and ‘risk-reward score’.
  • Static Part: 
    • HQ of IIFL Securities: Mumbai

Question: 

Q.1 With which organization has Alphaniti, which is the fintech company entered into a partnership to allow the investors to invest and trade in the stock offering?
a. IIFL Securities
b. Bajaj Finserv
c. TATA Capital
d. Mahindra & Mahindra Financial Services Ltd
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