fintech startup AtoB plans to open a research and development centre in Bengaluru to power its growing global operations, cofounder and CEO Vignan Velivela told ET.
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The San Francisco-based company is also in the final stages of an acquisition in India, he said, without elaborating.
“We are definitely in expansion mode now,” said Velivela. “It's not just a US-only focus anymore, but we're actively looking at international markets, and for doing that, we want a global talent pool.”
Velivela said the company is looking to tap Indian talent in areas like engineering, business, risk, and financial operations.
Founded in 2019, AtoB sees major opportunity in modernising payments for the $1 trillion commercial fuel and transportation industry, particularly trucking. It partners not only truckers and small businesses but major banks as well as oil and gas companies, building a digital infrastructure to bring them together, Velivela said.
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