About atyati Technologies
Atyati Technologies is a fintech company focusing on
products and services for the last mile.
atyati was founded in 2006 by a group of technologist from iflex
solutions. atyati was acquired by Genpact in 2012 and in September 2016
it became a 100% owned company of Metdist Limited (“Metdist”),an investment
holding company of Lord Raj Bagri, CBE and his family. The Bagri family
business was started by Lord Bagri in the 1970s and comprised of metal trading
and manufacturing interests in non-ferrous metals with business spread across
Europe, Malaysia and India. The group has recently diversified into a
number of consumer facing sectors. In addition to atyati Technologies, it
owns a web design and digital agency – Indivirtual; an iconic luxury hotel in
Goa and a branded denim business in India. Metdist is a long term
business builder, leveraging both its expertise in growing companies and also
in its extensive international network of relationships. The Group has a
distinct set of family values and is people oriented in its approach.
Our People
With a reach of 24 million active customers, 30,000 villages
and 13,000 CSP’s and growing, atyati has witnessed significant growth in last
few years and has been very successful in partnering with large public sector
banks and a few private sector banks. Today the company has grown to
a team of 200+ employees with more than 50% of the employees involved in
creating robust technology features and solutions for the last mile /
microfinance sector. The rest of the workforce is involved in delivery of the
solution and field services.
atyati currently has revenues of INR 175cr and is profitable.
Growth plan
Our technology platform “Ganaseva” provides a complete and
comprehensive banking suite of services to rural and semi-urban
customers. Ganaseva includes a front end mobility solution and a robust
back end platform which can be the Bank’s rural core system. We also enable
last mile services (BC services) for our Banks by setting up an agent network
in rural villages.
Using this robust annd reliable platform, we are poised to deliver
exponential growth in the coming years.
Listed below are broad milestones that the company endeavours to achieve in the
next few years:
· Reach a revenue target
of 1000cr in the next 5yrs
· Expand into
international markets
· Service more than 100
million customers on behalf of our banking clients
Current context
We service 25 million customers on behalf of various Banks. Traditionally we have looked at only the Banks as our customers and not the 25 million end customers. Over the years, we have been busy in setting up the platform, enabling access to these customers to basic banking services and understanding the dynamics of each district & state.
Having built this platform and
an ability to reach & service 24 million customers, the possibilities
emerging are immense – we can understand their financial needs, work with the
banks to design the right products build technology & operational processes
to service the customers and make a difference to these people – an option to
truly make an impact. Reaching out to these millions of customers with the
right product and making a difference to them and creating an impact is the
next evolution of our journey.
Website: Our website
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