Did you know that a single firm is responsible for processing 50% of India’s UPI volumes? Sarvatra Technologies is a firm that’s been promoting digital transformation in financial services over the last two decades, and has played a crucial role in India’s UPI revolution. Starting with co-operative banks, Sarvatra today provides technology to a wide variety of bank and Fintech clients. Continuing in our TechFin series, we spoke with Mandar Agashe, Founder and MD to get a glimpse into this little known firm. We discussed:
- Sarvatra’s journey
- Challenges faced by co-operative banks
- Sarvatra’s UPI journey
- Trends in payments in India
- Sarvatra’s product offerings
- Revenue model for Sarvatra
Do listen to this episode to get an inside glimpse into a firm that’s silently powering the digital revolution in both Bharat and India. Oh, and do stay till the end of the episode for a special treat at the end of the episode, we promise you that it will be worth it !!!
Timeline
00:00 Start
00:43 Introduction
01:44 About Mandar and Sarvatra
03:16 Challenges faced by co-operative banks
08:07 Sarvatra’s UPI journey
12:28 Trends in payments in India
15:29 Sarvatra’s product offerings
20:01 Revenue model for Sarvatra
22:43 Mandar unplugged