Protean eGov Technologies Limited — JV/Acquisition, 16-12-2025: Acquisition

Protean eGov Technologies is acquiring a 4.95% equity stake in NSDL Payments Bank for ₹30.2 Cr. This strategic investment aims to blend NSDL PB's digital-first banking platform with Protean's expertise in building regulated digital systems. The collaboration is set to develop future-ready banking technologies, proving them at scale for the wider financial ecosystem. This move signifies Protean's long-term vision to enhance India's financial infrastructure and expand its digital capabilities, tapping into the evolving payments bank landscape.