Mumbai-based Veefin Group of Companies has announced the complete acquisition of Nityo Tech Pvt Ltd, a key part of Nityo Infotech Singapore’s India operations. This marks Veefin Group's second acquisition in just two months, further expanding its influence in the digital banking sector. Nityo Infotech, the parent company, is renowned for its cutting-edge Artificial Intelligence (AI) and Machine Learning (ML) solutions, serving over 3,000 clients across 44 countries. Meanwhile, Veefin Solutions Limited (Veefin) has established itself as a global leader in digital supply chain finance. Just in June, Veefin made headlines by acquiring a strategic stake in Mumbai-based Regime Tax Solutions. Commenting on the acquisition, Raja Debnath, Chairman of the Veefin Group of Companies, emphasized the strategic importance of this move: “At Veefin, we have always believed that digitization is key to growth in the banking sector. This acquisition empowers us to offer an extended product suite to banks looking to digitize multiple verticals, positioning Veefin as the all-encompassing
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