For Harshil Mathur, a nine-to-six corporate job was always dull, as he loves tackling new challenges every day. This drive led the IIT-Roorkee graduate to launch Razorpay in 2014, along with fellow alumni Shashank Kumar. The Bengaluru-based startup, now valued at $7.5 billion (approx Rs 63,000 crore), was once seen as an average idea and was rejected by 100 banks.
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Aurionpro Solutions to acquire banking and insurance focused startup Arya.ai for $16.5 million. The acquisition will enhance business offerings by leveraging Arya.ai s capabilities in enterprise AI and expanding geographical footprint.