We are pleased to announce that Reliance Industries Limited confirmed a significant investment into Vayana Network. The Investment is recognition of Vayana Network’s focus on being the domain thought leader in customer engagement channels. This investment will accelerate Vayana Network ’s drive to develop and market simple, relevant and pervasive financial products and services. The solutions portfolio offered are across India, Middle East and Africa would provide Banks and Financial Services Institutions opportunities for greater revenues and engagement from their customers.
Additionally, Vayana Network will be working with Reliance Jio in various payment initiatives. These initiatives will be programmed to take advantage of the rapid growth mobile payment solutions industry fueled by favourable demographics and increased use of mobile phone and credit cards in India. A clear area of emphasis will be financial services delivered using mobile and other ubiquitous devices.
Reliance Industries Limited is the second large Institutional Investment in Vayana Network after HDFC group’s equity investment 5 years ago. The Reliance Investment is both a validation of Vayana Network ’s investments and a great growth opportunity. It is a validation of Vayana Network’s decision to invest early in financial expertise to develop an innovative product and apps portfolio. And, it is an opportunity to showcase our skills and understanding and deliver value across a larger business footprint.
Team Vayana Network looks forward to serving your growing needs in a future of exciting possibilities. Let us begin with that conversation!