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ace-alpha-tech_ceder-ibsi

Ace Alpha acquire stake in Silverleaf & Cedar-IBSi Capital received key commitment.

Ace Alpha Tech acquire 6.70% in Silverleaf Capital Services for Rs.1.63 crore.

Proposed acquisition aligns Ace Alpha Tech strategy to expand its presence in the technology-driven financial services space and enhance its proprietary trading and research capabilities. It will complements the ompany’s existing businesses.

Silverleaf Capital Services is a technology company that operates in high-frequency trading, Machine Learning, AI techniques, and mathematical modelling with in-house low-latency software.

Cedar-IBSi Capital has received a key commitment from KSH Investments, Abu Dhabi

Cedar-IBSi Capital has received a key commitment from KSH Investments, arm of the Private Department of H. E. Sheikh Mohamed bin Khalid Al Nahyan in Abu Dhabi. Cedar-IBSi Capital is a leading early-stage tech venture capital fund backing founders building next-gen enterprise software for the Financial Services industry; leveraging AI and deep technologies. It is backed by multiple Indian institutional investors including Muthoot Finance, IIFL Capital, and a clutch of family offices.

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