City
Epaper

Goa based company secures RBI authorization as a payment aggregator

By ANI | Updated: June 27, 2025 16:18 IST

PRNewswirePanjim (Goa) [India], June 27: Instifi, a homegrown fintech venture, has received final authorization from the Reserve Bank ...

Open in App

PRNewswire

Panjim (Goa) [India], June 27: Instifi, a homegrown fintech venture, has received final authorization from the Reserve Bank of India (RBI) to operate as a licensed online payment aggregator. This positions the company as the only one in Goa to hold the authorization, marking a significant step forward for the state's digital economy. Co-founded by Goan entrepreneur Mohit Aggarwal, Instifi's achievement reflects a deep commitment to innovation, compliance and service excellence.

"Despite personal health challenges, this is a moment of immense pride for me and our team. It's not just a company milestone it's a victory for Goa," Mohit shared.

The leadership team at the company includes industry veterans: Prakash Ravindran - CEO and director, Anushree Chandra - CBO and director; Arbaaz Jamal - COO and director and Faisal Nomani - director.

About Instifi

Instifi offers a robust suite of digital payment solutions, including credit/debit card processing, UPI services, net banking, and virtual accounts. The platform is tailored to serve both urban businesses and underserved markets across India. Looking ahead, the company aims to become a hub for Goan tech talent, driving digital transformation and creating sustainable growth opportunities within the state.

Website link: https://www.instifi.com/

Instagram: https://www.instagram.com/instifioff?igsh=YzljYTk1ODg3Zg==

YouTube: https://youtube.com/@instifioff?si=LKObL9L-K2c4wWMf

LinkedIn: https://www.linkedin.com/company/instanow-info-systems-private-limited-instapaymax/

For More Information, contact:

Address;- Office #325, 2nd Floor, Casa Del Sol, Miramar, Panjim Goa - 403001

Call - +91 8799906286

Photo: https://mma.prnewswire.com/media/2719968/Instifi_Team.jpg

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire.will not be responsible in any way for the content of the same)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

Other SportsShe seems to think like a 20 or 25-year-old: Anjum Chopra on Harmanpreet’s mentality as a batter

EntertainmentSagarika Ghatge wishes husband Zaheer Khan on birthday: "So lucky I get to call you mine"

BusinessInvestor participation surges to 13.4 crore in 5 years: SEBI Chairman

National‘Azam Khan is the heartbeat of Samajwadi Party’: Akhilesh Yadav

Business11-Year-Old Twins Eva and Amaira Deotale Champion Disability Inclusion on TEDx Stage

Business Realted Stories

BusinessDr. Sohini Sastri Shines as Guest of Honor at the Rashtriya Media Maha Sammelan 2025 Held at the Brahma Kumaris Headquarters

BusinessHeVita™ Unveils Herbal Stamina Booster Sachet with 48-Day Money-Back Guarantee

BusinessRegular Eye Check-ups Key to Protecting Vision and Preventing Irreversible Eye Diseases

BusinessHDFC ERGO Achieves a Milestone with the 10th Insurance Quiz Junior Finale Engaging - 3600 Schools Nationwide

BusinessPramerica Life Partners with Equitas Small Finance Bank to Expand Bancassurance Reach Across 18 States