Partnership29 Jan 2025, 11:23 pm
Aditya Birla Capital partners with ONDC to expand its financial services capabilities
AI Summary
Aditya Birla Capital Ltd. has partnered with ONDC (Open Network for Digital Commerce) to promote financial and digital inclusion in the country. This partnership was initiated in September 2023 and involves the technical integration of Aditya Birla Finance Limited, Aditya Birla Health Insurance Co. Limited, and Aditya Birla Sun Life AMC Limited with the ONDC protocol for lending, health insurance, and mutual funds. This move is aimed at democratizing open network access to financial products, especially in underserved markets.
Key Highlights
- Aditya Birla Capital partners with ONDC
- Partnership aimed at promoting financial and digital inclusion
- Technical integration of subsidiaries and associates with ONDC protocol
- Integration for lending, health insurance, and mutual funds
- Move to democratize open network access to financial products