raise the value close to $ 1,000,000 Pre-seeding in progress
mumbai, india, December 29, 2023 /PRNewswire/ — With Rohit Maroo Satish KrishnaswamiGRAVITY, both former bankers (HDFC Bank), promises to usher in the era of hyper-personalization in the banking industry. GRAVITY is the first platform in the banking industry. GRAVITY brings simplicity and adaptability to the technology ecosystem, doubling efficiency by making all of a bank’s underlying software applications interoperable. GRAVITY has a Central Processing Platform (CPP) that handles most of his ALU (Arithmetic Logic Unit) and COU (Control and Orchestration Unit) for all underlying applications of the bank. GRAVITY is equipped with an expansion slot (a first in its category) pre-loaded with 10 futuristic components that ensure your bank’s underlying technology is always the latest, safest and fastest.
Rohit MalooThe co-founders confirm there is initial excitement about GRAVITY among bankers. This essentially ensures that once the underlying software applications (CBS/LMS/Payments/Others) are docked to GRAVITY, banks will never have to overhaul the underlying technology. Additionally, there is no tedious replacement process for specialized core applications.
Satish KrishnaswamiThe co-founder admits that his team is humbled by the opportunity to build a category-first business platform and the initial support of senior banking and technology leaders.
On this occasion, he said: Pravir Vohra The former President and Group CTO of ICICI Bank and an experienced banking technology leader who also mentors startups believes that GRAVITY has the potential to be a highly disruptive platform. He feels GRAVITY is solving an important problem in the banking technology ecosystem, and sees the potential for banks to modernize their systems without expensive, risky and time-consuming forklifts and upgrades. I am.
V. Vaidyanathan, a BFSI veteran of over 35 years and currently CIO of Unity Small Finance Bank, who is also an expert in core banking implementation, is excited about GRAVITY and the promise it offers. He believes that a platform that provides hyper-personalization on top of existing software applications is possible because all the heavy infrastructure that acts as an enabler is already available.
Prabhakar BobdeThe MD of SAFL NBFC, who has also held senior executive positions at Axis Bank and HDFC Bank in the past, believes: India become 7 trillion dollars By 2030, economic growth, hyper-personalization and platform play (coexistence of business platforms and specialized core applications) in the financial sector will bring about this tipping point.
Mr. madana gopalswamiFounder and Chairman, Adarsh Co-op Bank; hyderabadbelieves that GRAVITY will accelerate the transition of co-op banks towards becoming SFBs by helping them compete with larger commercial banks.
Sunil ChandakThe equity strategist and researcher believes that the banking sector is poised to be disrupted by AI and deep technology, and that the greatest extraction of equity value will come from disruptive movements around incremental advances in technology. I believe it is.
The headquarters of dtbX is mumbai. For more information, www.gravity.ind.in