UK based global Banking and Financial services consulting company, Page Solutions has acquired Aetlo Tech, a Mumbai based Blockchain technology startup co-founded by Adarsh Kumar & Rupesh Mishra, which developed Blockchain based enterprise solutions for Trade Finance and Health Insurance. With this acquisition, Page Solutions will further strengthen its technological foothold in Blockchain solutions in BFSI & Enterprise solutions worldwide. This new team now be called Page Chain Technologies Pvt Ltd. Page Chain would be the Blockchain subsidiary company of Page Solutions.
Sridhar Dasari the COO of Page Solutions says: "This acquisition further strengthens Page's position in providing the first and last Blockchain solution a customer will ever need from start-up to global enterprise, whilst integrating seamlessly with their other enterprise applications."
Aetlo Tech(https://aetlo.com/) was co-founded by IIT Bombay alumnus Adarsh Kumar and MNIT alumnus Rupesh Mishra in 2017. The vision behind founding the organization was to make innovative advances using the underlying principles of blockchain and not just use blockchain for storing monetary transactions. Aetlo Tech focused on the problem of data ownership and trust between multiple stakeholders for enterprises. Aetlo Tech developed an automated health insurance claim management system on top of distributed ledger technology, where hospitals, patients, insurance companies, TPAs and other stakeholders can share their data securely. Other than this Aetlo Tech had also developed a Blockchain based Trade Finance and Robust KYC framework. Team Aetlo, will now continue to improve their existing products as well will be working on different banking and financial sector use cases of blockchain along with Page Solutions.
Adarsh Kumar emphasizes on the actual use cases of blockchain saying: “Beyond the noise and hum of cryptocurrencies, we see an enormous unexplored potential in blockchain use cases. Our team will keep focusing on converting disruptive technologies into tangible and scalable products.”
Established in 2007, Page Solutions is a Banking Technology and Consultancy Services Company specialized in Temenos T24TM Core Banking services and other services in the streams of CRM, BI and on ERP platforms. Headquartered in the UK, Page is present globally, with offices in UAE, Canada, Netherlands, Singapore, USA and India, which is the development center. Page Solution’s vision is to be the preferred business partner and provider of Banking Technology and Consulting services worldwide.Page Solution comprises of qualified professionals embellished with varied industry experience, delivering both Offshore and Onsite-Offshore services. Page has paramount expertise in delivering top quality T24TM services, with a strong foundation in IT of over 1000 man year’s experience.
Rupesh Mishra sees a great a future working together with Page Solutions and says: “Team Aetlo will leverage the global banking and financial sector domain expertise and presence of Page Solutions to develop Blockchain based financial use cases across the globe.”