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iServeU celebrates ninth foundation day ‘Abhyudaya’ in Bhubaneswar Photograph: (File)
iServeU Technology Pvt. Ltd., a leading Banking-as-a-Service (BaaS) infrastructure provider in the APAC region, celebrated its ninth Foundation Day, Abhyudaya, at the Rail Auditorium in Bhubaneswar. The event brought together distinguished guests, industry leaders, and over 600 employees to commemorate nearly a decade of innovation, growth, and contribution towards strengthening India’s banking infrastructure on Thursday.
The evening began with an address by Mr Debiprasad Sarangi, CEO and Co-founder of iServeU, who reflected on the company’s journey from Odisha to becoming a trusted fintech infrastructure partner for more than 20 banks and over 250 fintechs across India and overseas. He emphasised iServeU’s mission to empower banks and fintechs with cutting-edge digital solutions.
In his keynote, Mr Sanjib Kumar Parida, CTO and Co-founder, shared the story of iServeU’s technological evolution, highlighting how the company’s entirely in-house, cloud-native platform has powered some of India’s largest PSU banks, along with India Post and CSC, enabling real-time, secure payments to the last mile.
Distinguished Guests And Employee Recognition
The celebration featured prominent guests, including Shri Dinabandhu Mohapatra, former Managing Director and CEO of Bank of India. The evening included motivational sessions, insightful keynotes, and a talent awards ceremony recognising the outstanding achievements of iServeU’s young workforce, with an average age of just 24. Employees who have completed six years or more with the organisation were also felicitated.
The cultural segment of the evening featured performances by employees, followed by a musical night headlined by Sa Re Ga Ma fame Rupali Jagga and her team, reflecting the company’s vibrant and youthful spirit.
Commitment To Odisha’s Fintech Growth
Speaking on the occasion, Mr Sarangi said, “Abhyudaya is not just a celebration of our past achievements but a reflection of our collective spirit and vision for the future. Being headquartered in Odisha, we take pride in nurturing local talents and establishing the state as a rising fintech hub.”
With over 300 skilled payment engineers, iServeU continues to empower enterprises to offer embedded banking services through its end-to-end technology solutions that simplify financial transactions across multiple payment channels. As the company enters its tenth year, it remains committed to expanding global partnerships, deepening financial inclusion, and fostering innovation to propel India’s fintech ecosystem forward.
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