AlphaGrep Partners with IIIT Hyderabad to create 'AlphaGrep Quantitative Research Lab'

Chennai: AlphaGrep announced a strategic academic collaboration with IIIT Hyderabad’s Precog group of researchers who study, analyse, and build various aspects of AI (including social) systems. Spanning several areas ranging from Applied Machine Learning, Responsible and Safe AI, Natural Language Processing, and Social Network Analysis, Precog develops solutions that contribute to the greater good of society.

As part of this collaboration, AlphaGrep has committed ₹3.5 crores to support groundbreaking research, skill-building, and real-world applications of AI/ML in quantitative finance. The initiative spearheaded by Prof. Ponnurangam Kumaraguru PK, Mr. Mohit Mutreja, and Mr, Hemang Mandalia, will facilitate faculty and student driven research, fostering technical advancements and strengthening the bridge between academia and industry.

"We are excited to expand our academic partnerships and work with IIIT Hyderabad’s Precog to push the boundaries of machine learning research in quantitative finance," said Mohit Mutreja, Managing Director, AlphaGrep. "By providing students with access to adequate resources, mentorship, and real-world problem-solving opportunities, we aim to drive impactful innovation in AI and quantitative research." This initiative marks AlphaGrep’s second major academic partnership, reinforcing its commitment to advancing Artificial Intelligence (AI) and Machine Learning (ML) research.

Commenting on the collaboration, Prof P J Narayanan, Director, IIITH said, “Quantitative finance is a highly data-intensive area. Given its strengths in AI and data analytics, IIIT Hyderabad can achieve much by partnering with a top company in that space like AlphaGrep. I am looking forward to the activities emanating from the collaboration."