Aurionpro Bolsters Enterprise Fintech Portfolio with Acquisition of Arya.ai

The all-cash deal, valued at approximately $16.5 million, will see Aurionpro acquire a majority stake (67%) in Arya.ai. This strategic move strengthens Aurionpro’s position in the enterprise fintech space by integrating Arya.ai’s industry-specific expertise into its existing portfolio.

Expanding Horizons: A Fusion of Expertise

Headquartered in Mumbai, Aurionpro caters to diverse sectors like banking, mobility, payments, and government with advanced technology solutions. With this acquisition, Aurionpro gains access to Arya.ai’s cutting-edge capabilities in artificial intelligence (AI), deep learning, intelligent automation, and industry-specific solutions. These include autonomous AI platforms, Platform-as-a-Service (PaaS) offerings, and a suite of tools designed to complement and enhance Aurionpro’s existing portfolio.

Arya.ai’s PaaS Powerhouse

Founded in 2013 by Vinay Kumar Sankarapu and Deekshith Marla, Arya.ai caters specifically to the BFSI sector. Their robust PaaS offering boasts three core components:

• Arya API: A “models-as-a-service” and DIY platform offering more than 80 pre-trained machine learning models optimized for BFSI applications.
• Libra: A “fine-tuning-as-a-service” platform providing access to state-of-the-art AI models tailored for various BFSI tasks.
• AryaXAI (coming soon): This anticipated ML observability and alignment tool will provide off-the-shelf “AI governance” functionalities for mission-critical AI systems.

Global Reach and Proven Success

Currently, Arya.ai boasts an impressive client base of over 100 BFSI institutions worldwide, with a strong focus on India and Southeast Asia. This acquisition brings together Aurionpro’s extensive industry knowledge with Arya.ai’s proven track record in developing and deploying AI-powered solutions for the BFSI sector.

Previously Funded for Growth

Prior to this acquisition, Arya.ai raised approximately $2 million in funding from prominent investors like YourNest, VentureNursery, and Sparkle Fund. This funding likely played a crucial role in their development and success, paving the way for their integration with Aurionpro’s broader enterprise fintech offerings.