BLS E-Services to Acquire Atyati Technologies for ₹154 Crore in All-Cash Deal

Transaction to Be Completed by March 31, 2026​

New Delhi, February 16: BLS E-Services announced on Monday that it will acquire a 100 percent stake in Atyati Technologies for ₹154 crore in a fully cash transaction.

According to a regulatory filing, the acquisition is based on the equity value of ₹154 crore and is expected to be completed by March 31, 2026.

The company stated that the transaction will further strengthen its banking relationships with key public sector banks as well as several private sector banks.

Combined Network to Cross 70,000 Customer Touchpoints​

With the acquisition, BLS E-Services will integrate Atyati’s extensive network of over 25,900 Customer Service Points with its existing operations. The combined footprint is expected to exceed 70,000 touchpoints.

Shikhar Aggarwal, Chairman of BLS E-Services, said that merging Atyati’s network with its own would create a powerful combined presence. He noted that the scale would unlock cost efficiencies through shared infrastructure and open new high-margin opportunities in digital lending.

Strategic Expansion in Financial Inclusion and Rural Banking​

BLS E-Services operates as a digital service provider to governments and financial institutions, offering a range of technology-driven solutions.

Headquartered in Bengaluru, Atyati Technologies specializes in technology platforms focused on financial inclusion. Its services include rural banking, last-mile agent banking, and doorstep banking solutions.

The acquisition positions BLS E-Services to expand its reach across rural and semi-urban markets while strengthening its capabilities in agent-led and digital financial services.