Aurionpro Solutions acquires Arya.ai to enhance its AI-driven fintech offerings for banks and insurers worldwide.
Information on the Target
Aurionpro Solutions Limited, based in Mumbai, India, is an advanced technology solutions provider operating primarily in the banking, mobility, payments, and government sectors. With a commitment to driving innovation through modern technology, Aurionpro has a talented workforce of over 2,300 professionals dedicated to facilitating digital transformation across multiple industries.
Aurionpro has recently acquired Arya.ai, a Platform as a Service (PaaS) startup focused on Artificial Intelligence (AI) solutions for banking and insurance. Founded in 2013, Arya.ai specializes in deploying Deep Learning solutions, catering to over 100 clients predominantly in Asia, including major banks and insurers. This acquisition positions Aurionpro to significantly enhance its fintech offerings.
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Industry Overview in India
The fintech industry in India has been experiencing robust growth, driven by rapid technological advancements and increasing digital adoption across various sectors. The integration of AI and machine learning in fintech solutions provides a competit
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Aurionpro Solutions Limited
invested in
Arya.ai
in 2024
in a Merger deal
Disclosed details
Transaction Size: $17M