Intellect Design Arena Ltd.

Intellect Design Arena is proposing to set up an 'Alternative Investment Fund (AIF)' for Rs 1000 million to further pursue its transition from a product company to a fin-tech platform based company. As Intellect integrates and participates in the platform economy with marketplaces and ecosystems, there would be opportunities to collaborate with specific partners who would complement the company's technical and functional expertise.

This AIF is meant to make minority investments in such partners to ensure alignment with Intellect's vision to become a world leading fin-tech platform. The investments in the AIF may happen over the next 6 to 24 months based on the opportunities available and identified according to their suitability and the funds would be on needs basis.

Intellect Design Arena, a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide suite of products.