BLS E-Services acquires Atyati Technologies for Rs 157 crore

BLS E-Services has acquired Bengaluru-based Atyati Technologies for approximately Rs 157 crore in an all-cash deal. This strategic move aims to bolster BLS E-Services' reach and impact in underserved communities by integrating Atyati's AI-powered banking solutions and extensive network of customer service points. The acquisition is anticipated to drive significant synergies, including network expansion and cost efficiencies, contributing to long-term growth.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/dgfjReV
via IFTTT