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Digital services company BLS E-Services has acquired fintech firm Atyati Technologies for ₹157 crore in an all-cash deal, taking full ownership of the company.
What they do: Atyati helps banks offer digital banking, small loans and other financial services, especially in rural India. It works with 35+ banks and financial institutions through a network of 25,900+ customer service centres across nearly 1 lakh villages.
BLS E-Services helps people in semi-urban and rural India access banking, government and other essential digital services through a large network of local service centres and banking agents, bridging the gap where access is limited.
Why does this matter: the acquisition gives BLS E-Services a larger banking network, stronger AI capabilities and the ability to deliver financial services to more people, particularly in underserved parts of the country.
he bigger picture: deals like these could help accelerate financial inclusion even further. The progress is already visible as the RBI's Financial Inclusion Index rose from 64.2 in March 2024 to 67.0 in March 2025, reflecting better access to financial services, higher usage, and improving financial literacy across the country.
PIB
