<h1>Quantitative investment firm gets SEBI approval to sponsor mutual fund offering data-driven strategies</h1> A quantitative investment firm received in-principle approval from SEBI to sponsor a mutual fund, marking a significant milestone in expanding its data-driven investment capabilities to retail and institutional investors. Founded in 2010, the firm manages over Rs 8,500 crores globally and specializes in systematic trading strategies. The company plans to offer quant-driven actively managed products including equity and hybrid strategies under the same quantitative philosophy using advanced mathematical models and machine learning. Final registration and operational launch remain subject to fulfilling SEBI's prescribed requirements.