PMS Bazaar collaborates with NSDL arm for accredited investor certification

PMS Bazaar, India's leading alternative investments platform, has partnered with NSDL Database Management Ltd to streamline the process of obtaining SEBI Accredited Investor certification for eligible investors and entities. The collaboration aims to simplify, expedite, and enhance accessibility to the Accredited Investor certification through comprehensive support, according to a release from PMS Bazaar.

India's alternative investment ecosystem is rapidly expanding, and PMS Bazaar believes that promoting wider adoption of the Accredited Investor framework will expand investor participation and improve access to sophisticated investment opportunities for qualified investors, the statement highlighted. Under SEBI's Accredited Investor framework, qualified investors can enjoy reduced minimum investment thresholds across Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), and other alternative investment products, in addition to accessing sophisticated investment opportunities and regulatory flexibilities exclusive to Accredited Investors.

R Pallavarajan, Founder & Director of PMS Bazaar, expressed his satisfaction with the partnership with the NDML Accreditation Agency, stating that it will bolster PMS Bazaar's position within India's alternative investment ecosystem by making Accredited Investor certification straightforward and efficient. Pallavarajan emphasized that as alternative investments continue to evolve, Accredited Investor certification will likely assume a more significant role in expanding investor access while fostering a well-informed investor community in India.

Rajesh Kumar S, Head of Business at NSDL Database Management Limited (NDML), elaborated on the collaboration's objectives, stating that the partnership intends to provide a seamless experience for both investors and investment providers by leveraging advanced digital capabilities and stringent regulatory compliance.