Aurionpro Solutions Ltd. to Acquire Fintra Software Private Limited for INR 23 Crores

Aurionpro Solutions Ltd. has approved the acquisition of Fintra Software Private Limited, a leading technology company specializing in software solutions for Wholesale Banking, including Trade Finance, Supply Chain Finance, Escrow, and Factoring. The acquisition, valued at INR 23 crores, is aimed at delivering an integrated front-to-back solution for cash and trade management. Fintra, founded by Mr. Swamynathan Sankaran in 2015, is engaged in the development of software products for the banking sector, specializing in wholesale banking domains. The acquisition is expected to be completed within 30 days from the date of execution of the SPA.