Bandhan Group acquires global IT company Genisys

Bandhan Group (Bandhan Financial Services) has officially acquired Genisys Group, marking its strategic entry into the technology sector. This move allows Bandhan Group to broaden its global presence, with new offices set to open in the US, UK, and India.

The acquisition enhances Bandhan’s service portfolio, incorporating solutions such as digital transformation, data analytics, cloud services, digital media operations, and smart business processes across diverse industries worldwide, the company said in a statement.

Arvind Agrawal, Managing Director of Bandhan Financial Services, said, “Global disruptions from digital transformation—like hyper-automation, AI, and cloud computing—are reshaping the IT landscape. The demand for IT-driven solutions, particularly in the BFSI sector, is substantial, and we foresee significant growth in this area.”

Genisys Group’s CEO, Satish Subramaniam, said, “Genisys will maintain its leadership in AI and machine learning solutions, alongside advanced digital and cloud technologies.”

Genisys Group specialises in IT and AI-driven solutions, utilising cloud technologies and automation for digital transformation.

Bandhan Financial Services promotes Bandhan Financial Holdings Limited and Bandhan Bank Limited. Incorporated on August 3, 1995, and registered with the Reserve Bank of India as an NBFC-NDSI-CIC, BFSL is involved in investment activities.

Bandhan AMC and Bandhan Life are subsidiaries of BFSL.

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