A consortium of investors completed a INR7.7bn investment in NCDEX.

A consortium of investors, including Citadel Securities, Tower Research, Acacia Partners, Groww, Kotak Life Insurance, and JM Financial, completed a INR7.7bn investment in NCDEX, an online commodity and derivative exchange. “This fundraiser is a defining step in NCDEX’s transformation into a multi-segment exchange. The members will be able to take advantage of trading both the commodity and equity segments under a single platform,” Arun Raste, NCDEX MD & CEO.