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

Politics"Modern-day Duryodhanas...disrobing democracy": Haryana CM slams Congress's opposition to women's reservation

InternationalIndia sends humanitarian assistance to African nations as US-Iran war exacerbates food crisis: Report

NationalIndia sends humanitarian assistance to African nations as US-Iran war exacerbates food crisis: Report

National32 bank officials among 52 held for cyber fraud by Hyderabad Police in 9 states

Other SportsKadur, Ramaswamy win APRC Round 2 and INRC opener at Madras International Circuit

Business Realted Stories

BusinessOver 39,000 consumers give up LPG for PNG, 4.85 lakh new connections added

BusinessGovt delivers 53.5 lakh LPG cylinders in a day, 98 pc bookings go digital

BusinessSouth Korean President Lee Jae Myung arrives in New Delhi for three-day State visit

BusinessMake in India boost: JSW Steel, POSCO to set up 6 MTPA plant in Odisha

Business53.5 lakh LPG cylinders delivered in a day, govt assures no fuel shortage