Sqrrl is a financial services firm which is regulated by SEBI (Registered with SEBI as Investment Advisor – INA100006612) and comes under the purview of AMFI (AMFI Registered Mutual Fund Advisor ARN-112848). In essence your monies never touch Sqrrl Bank account and are directly invested with one of the largest AMCs regulated by SEBI. The details of the transactions are always made known to you at every step of the process.