Edelweiss Financial Services’ JV joins hand with Mobikwik

Edelweiss Financial Services Ltd. | Finance - NBFC | BFSI | BSE: 532922 | NSE: EDELWEISS

02 Aug 2019 Evaluate

Edelweiss Tokio Life Insurance, a joint venture (JV) between Edelweiss Financial Services and Tokio Marine Holdings, has partnered with Mobikwik, a leading FinTech player in India.

Edelweiss Tokio Life will offer Group insurance in the variants of Rs 1 lakh, Rs 3 lakh, and Rs 5 lakh through Mobikwik’s wallet app and website. The cover can be availed for an annual premium of Rs 148, Rs 443, and Rs 738 respectively.

Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.

Peers

Company Name	CMP
Bajaj Finance	983.15
Shriram Finance	991.50
Aditya Birla Capital	389.85
Tata Capital	336.40
Chola Invest & Fin.	1682.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.