Subsidiary BLS E-Services buys 100% of Atyati Technologies for Rs.156.82 cr
BLS · price
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BLS E-Services, a listed subsidiary of BLS International, acquired 100 percent equity share capital of Atyati Technologies Private Limited (ATPL) for Rs.156.82 crores in cash. ATPL is now a step-down subsidiary of BLS International. ATPL is an AI-powered banking technology and Business Correspondent services provider with FY26 revenue of Rs.375.8 crores, incorporated in 2006 and based in Bangalore. The acquisition helps BLS expand and consolidate its BC business and strengthen its position in financial inclusion and micro-lending.
Adds ATPL as step-down subsidiary, boosting BC and financial inclusion business with Rs.375.8 cr of revenue. Acquisition cost of Rs.156.82 cr suggests an attractive entry multiple.