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AryaXAI, the research and development group within Arya.ai—an Aurionpro Company—today announced the launch of 'The AryaXAI AI Alignment Lab' in Paris and Mumbai to accelerate research in the verticals of AI Explain ability and Alignment. This initiative aims to bring together the finest global talent and research institutions to address key challenges in artificial intelligence.
As AI systems grow increasingly complex, the potential risks associated with model failures, misalignment, and lack of accountability simultaneously escalate. This increases the risks of using AI in mission-critical and highly regulated use cases, necessitating urgent solutions. AryaXAI is at the forefront of research in this space, and the launch of the AryaXAI AI Alignment Labs will help expedite these efforts by developing scalable frameworks for explainability, alignment, and risk management. This ensures AI models operate with precision, uphold transparency, and introduce ground breaking methodologies to train and align models, setting new benchmarks for responsible AI.
“AI Interpretability and Alignment are some of the most complex challenges in scaling AI for mission-critical use cases. Solving these means improved visibility inside the models and scalable model alignment techniques, be it for managing the risk, faster/better fine-tuning, model pruning, or new ways of combining model behaviors. We at AryaXAI have been working on these areas,” says Vinay Kumar, CEO of Arya.ai.
The acquisition of Fintra is aimed at delivering an integrated front-to-back solution for cash and trade management. This strategic collaboration will enable seamless operations and enhance the value proposition for corporates banking through Aurionpro's client institutions.
The company will acquire Fintra for a cash consideration not exceeding Rs 23 crore, which includes fixed and performance based consideration.
Aurionpro Solutions announced the acquisition of Fintra Software to enhance its Transaction Banking offerings. The proposed transaction includes acquisition of 100% stake in Fintra including all the intellectual property rights and resources. This acquisition promises to deliver an integrated front-to-back solution for cash and trade management, strengthening Aurionpro's transaction banking capabilities in the market.
Aurionpro's expertise in transaction banking solutions, combined with Fintra's strong back end capabilities in trade finance, creates a synergy that caters to the evolving needs of corporate banks.
By integrating end-to-end processes — from issuing to closing Letters of Credit, handling Open Accounts, and facilitating Supplier and Buyer Finance — this collaboration ensures seamless operations and enhances value for corporations banking through Aurionpro's clients.
This acquisition will help create the next generation of transaction banking platform by incorporating cutting-edge trade automation that leverages the Enterprise AI framework developed by Arya.ai, the AI focused subsidiary of Aurionpro.
The proposed transaction includes acquisition of 100% stake in Fintra including all the intellectual property rights and resources. This acquisition promises to deliver an integrated front-to-back solution for cash and trade management, strengthening Aurionpro’s transaction banking capabilities in the market.
By integrating end-to-end processes, from issuing to closing letters of credit, handling open accounts, and facilitating supplier and buyer finance, this collaboration ensures seamless operations and enhances value for corporations banking through Aurionpro's clients.
This acquisition will enable the development of a next-generation transaction banking platform by integrating advanced trade automation powered by the Enterprise AI framework developed by Arya.ai, the AI-focused subsidiary of Aurionpro.
The company will acquire 100% stake in Fintra Software for total consideration of Rs 23 crore which includes fixed and performance based consideration. The said acquisition will be completed within 30 days from the date of execution of the SPA.
Ashish Rai, Global CEO of Aurionpro, said, “This acquisition marks an important step for Aurionpro as we double down on our strategic focus to create the future of Trade Finance technology and significantly expand our functional coverage in Transaction Banking. We remain committed to staying ahead of the market in meeting the dynamic demands of our clients, ensuring their corporate clients receive best-in-class services.”
Aurionpro Solutions is a global leader in providing advanced technology solutions. It focuses on sectors such as banking, mobility, payments, insurance, transit, data center services, and government sectors.
The company’s consolidated net profit increased 5.04% to Rs 47.34 crore in Q3 FY25 as compared with Rs 45.07 crore in Q2 FY25. Net sales jumped 10% QoQ to Rs 306.11 crore in Q3 FY25.
Aurionpro Solutions Ltd, Sarda Energy & Minerals Ltd, Inox Green Energy Services Ltd and Garware Hi Tech Films Ltd are among the other gainers in the BSE's 'A' group today, 11 April 2025.
Gravita India Ltd soared 11.71% to Rs 1778.15 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 27235 shares were traded on the counter so far as against the average daily volumes of 17059 shares in the past one month.
Aurionpro Solutions Ltd surged 11.56% to Rs 1525. The stock was the second biggest gainer in 'A' group. On the BSE, 2974 shares were traded on the counter so far as against the average daily volumes of 6691 shares in the past one month.
Sarda Energy & Minerals Ltd spiked 10.82% to Rs 464.5. The stock was the third biggest gainer in 'A' group. On the BSE, 1.71 lakh shares were traded on the counter so far as against the average daily volumes of 82841 shares in the past one month.
Inox Green Energy Services Ltd jumped 10.08% to Rs 115.25. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.88 lakh shares were traded on the counter so far as against the average daily volumes of 1.55 lakh shares in the past one month.
Garware Hi Tech Films Ltd gained 10.00% to Rs 2654.2. The stock was the fifth biggest gainer in 'A' group. On the BSE, 6332 shares were traded on the counter so far as against the average daily volumes of 11444 shares in the past one month.