Innovation Surge: Infosys and Wipro Establish Fintech Hubs in GIFT City

  • kunvarji realty
  • 18/09/2024
  • 7636 views

Innovation Surge: Infosys and Wipro Establish Fintech Hubs in GIFT City

Image source: startupnews.fyi, Inc42

In a significant move towards bolstering India's Fintech Landscape, leading IT firms Infosys and Wipro are setting up their fintech hubs in Gujarat International Finance Tec-City (GIFT City). This strategic initiative marks a pivotal moment for both companies as they expand their footprint in the financial technology sector.

Infosys and Wipro have secured substantial office spaces within the International Financial Services Centre (IFSC) at GIFT City. These hubs will operate under the TechFin framework, focusing on delivering cutting-edge financial technology services to a global clientele. This development underscores the companies' commitment to innovation and their role in shaping the future of fintech.

Prime Minister Narendra Modi recently visited GIFT City to review this development, among other key issues. His visit highlights the government's support for initiatives that drive technological advancement and economic growth. The establishment of these fintech hubs is expected to attract more investments and foster a robust ecosystem for financial technology in India.

As Infosys and Wipro embark on this new venture, they are poised to set new benchmarks in the fintech industry, leveraging their expertise to offer innovative solutions and services. 

This move not only strengthens their market position but also contributes to India's vision of becoming a global fintech powerhouse.

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