What NPCI’s new technology subsidiary is set up to do
The National Payments Corporation of India has created NPCI Tech Solutions Limited as a wholly owned subsidiary under new MD Vishal Kanvaty. The subsidiary will focus on emerging technologies including AI, blockchain, and digital financial infrastructure, plus GCC services. It will deliver technology for government digital public infrastructure projects like eKYC Setu and the Unified Ticketing Platform. The announcement leaves open questions about capital, hiring plans, revenue targets, and which external clients NTSL might serve.
Key points
- NPCI launches NTSL subsidiary to explore AI and blockchain beyond payments
- Will support government digital infrastructure projects including eKYC and ticketing platforms
- Funding, headcount, and external client scope remain unspecified
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