The fintech unicorn, Razorpay has announced the acquisition of Ezyliant Technologies, a renowned fintech business providing payment technology solutions to banks.
The State Bank of India (SBI) will set up an Innovation, Incubation and Acceleration Centre (IIAC) at Hyderabad, Telangana which will be operational in six to nine months of on-boarding a consultant.
The initiative has been launched in collaboration with NIMHANS, a world-renowned centre for mental health, neurosciences and allied fields, based in Bengaluru.