Aurionpro

Aurionpro
Company typePublic
IndustryIT and IT product company
FoundedOctober 1997
Headquarters
Navi Mumbai, India
Area served
Worldwide
Websitewww.aurionpro.com

Aurionpro Solutions Limited is a technology company, headquartered in Navi Mumbai, India. It primarily serves the banking, mobility, payments, and government sectors.[1][2] Aurionpro is a publicly listed company, traded on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE), with a market capitalization exceeding Rs 7 billion.[3][4]

History

Aurionpro was incorporated on 31 October 1997 as Value Added Information Distribution Services Private Limited.[1] It later changed its name to VAIDS Technologies Private Limited on 30 April 2001 and subsequently to Aurionpro Solutions Private Limited on 18 September 2003.[5] As of March 2023, Aurionpro has 24 offices in 22 countries, with over 2000 employees.[1]

The company is led by Paresh Zaveri, the chairman and managing director. In July 2022, Ashish Rai became the vice chairman and president of Aurionpro,[6] while Sanjay Bali heads the Tech Innovation Group,[7] and Shekhar Mullatti is in charge of the banking division.[4]

Subsidiaries

In 2020, Aurionpro acquired a majority stake of 51% in SC Soft, a Singapore-based IT company that develops software for transportation fare collections.[8]

Integro, an IT company, is a subsidiary of Aurionpro.[9]

Partnerships with state governments

  • In January 2023, Aurionpro Payments Singapore launched a payment gateway platform called 'AuropayBiz,' to enable businesses to receive digital payments and formed partnerships with 'Stripe Payments' and 'FIS Worldpay.'[1][10]
  • On February 21, 2023, Aurionpro's subsidiary, Integro Technologies, partnered with Finastra.[9]
  • On April 28, 2021, SC Soft Pte. Limited, a subsidiary of Aurionpro, and MasterCard signed a strategic alliance for automatic fare collection and payment solutions.[1]
  • On June 24, 2022, Aurionpro engaged with the Government of Rajasthan to expand the latter's 3D City platform in Jaipur.[1][11]
  • On November 29, 2022, Aurionpro implemented the National Common Mobility Card (NCMC) based open loop ticketing system and GPS system at all depots/sub-depots of Haryana Roadways, a state government undertaking.[12][13]

Awards

  • Aurionpro was recognized as a Great Place To Work for two consecutive years.[14][15]
  • Its subsidiary, Integro Technologies, was named as a global category leader in Credit Lending Operations by Chartis, a research and analysis organization for Risk Technologies.[16]
  • Received the India Technology Excellence Award in the Digital– Technology category at the Asian Technology Excellence Awards 2022.[17]

References 

  1. ^ a b c d e f Gupta, Arbind. "Aurionpro Solutions: Transforming businesses". businessindia.co. Retrieved 2023-07-30.
  2. ^ Major Information Technology Companies of the World. Graham & Whiteside. 2009. ISBN 978-1-86099-579-8.
  3. ^ "Annual report analysis" (PDF). Sushilfinance. Retrieved 2023-07-30.
  4. ^ a b Chakraborty, Pradeep (2023-03-23). "Aurionpro's platform-led one converged digital ecosystem covers banking kiosk apps to smart mobility solutions". Dataquest. Retrieved 2023-07-30.
  5. ^ "Aurionpro Solutions Ltd". www.thehindubusinessline.com. Retrieved 2023-07-30.
  6. ^ "Ashish Rai joins Aurionpro Solutions as Vice Chairman & President". indiainfoline.com. Retrieved 2023-07-30.
  7. ^ "SBI picks Aurionpro to provide solutions for Kanpur Metro Project". www.thehindubusinessline.com. 2021-12-07. Retrieved 2023-07-29.
  8. ^ chundawat (2022-06-10). "Aurionpro Solutions trades higher on increasing stake in SC Soft | Udaipur Kiran". Retrieved 2023-07-30.
  9. ^ a b "Aurionpro Solutions' arm partners with Finastra to provide exposure risk offerings for trade finance". cnbctv18.com. 2023-02-22. Retrieved 2023-07-30.
  10. ^ "Aurionpro Payments gets RBI approval to operate as payment aggregator". Business Standard. Retrieved 2023-07-30.
  11. ^ "AurionPro Solutions rises 4% on winning Jaipur's 3D City project of Rs 180cr". Moneycontrol. 2018-03-22. Retrieved 2023-07-30.
  12. ^ Parashar, Brajendra K (23 October 2021). "Mumbai firm bags contract more than a year after bidding process began". Hindustan Times. Retrieved 2023-07-30.
  13. ^ "Three pvt firms in race to get UPSRTC's e-ticketing tender". Hindustan Times. 2021-08-25. Retrieved 2023-07-30.
  14. ^ "Aurionpro wins order from the large private sector bank". United News of India. Retrieved 2023-07-30.
  15. ^ "Aurionpro Solutions certified as 'Great Place to Work'; Stock ends 3.5% higher". India Infoline. Retrieved 2023-07-30.
  16. ^ "Investor presentation October 2022" (PDF). 31 October 2022. Retrieved 2023-07-30.
  17. ^ "Most outstanding technological projects and innovations recognised at the Asian Technology Excellence Awards". Asian Business Review. 2022-09-06. Retrieved 2023-07-30.