Indian fintech firm Aurionpro has expanded its artificial intelligence (AI) capabilities with the acquisition of Arya.ai for $16.5 million.

The acquisition strengthens Aurionpro’s AI portfolio, positioning the company for further innovation and growth in the rapidly evolving fintech landscape.

Arya.ai, a Mumbai-based AI technology company, specializes in advanced AI and deep learning solutions. With this acquisition, Aurionpro aims to enhance its offerings in AI-driven solutions for financial services, accelerating its digital transformation journey.

This strategic move aligns with Aurionpro’s vision to leverage cutting-edge technologies to deliver innovative and tailored solutions to its clients. The acquisition of Arya.ai underscores Aurionpro’s commitment to staying at the forefront of technological innovation in the fintech sector.

Through this merger, Aurionpro aims to harness Arya.ai’s expertise and capabilities to develop next-generation AI-powered solutions that address the evolving needs of financial institutions in India and beyond.

The $16.5 million investment in Arya.ai marks a significant milestone in Aurionpro’s growth strategy, signaling its commitment to driving technological advancement and delivering value-added services to its clients.

Source: fintechfutures.com