High Conviction Mid Cap Model Portfolio

Aurionpro’s Banking & Fintech division contributes ~54% of consolidated FY26 revenue and comprises an integrated suite of enterprise platforms spanning Transaction Banking, Lending Platforms, Treasury & Capital Markets, Digital Engagement, and Payments & Aggregation. The portfolio is built around proprietary IP and modular, API-first architectures that integrate with incumbent cores, & is deployed across Tier-1 PSU banks in India, leading Southeast Asian institutions, and selected customers in the Middle East & Africa.

Aurionpro’s iCashpro is the flagship transaction-banking suite powering cash- and liquidity-management across multi-entity, multi-currency, multi-geography footprints. The platform covers the full corporate-banking stack, including Corporate Internet Banking, Liquidity Management, Receivables Management, Payables Management, Financial Supply Chain, Collections, Trade Finance, Payments, and Forex Services. It is designed for open-API/host-to-host and SWIFT connectivity, with elastic scalability (benchmarked at ~5 million transactions per hour, 24×7 availability and high concurrency) to support very large banks and real-time corporate flows. Within the cash & trade layer, Aurionpro also offers Fintra, a trade-finance platform purpose-built to digitise end-to-end trade workflows and eliminate legacy process frictions through configurable rules, document handling, and integrated compliance.

Aurionpro is strengthening its IP-led fintech strategy through Orion MSP, an LLM designed specifically for structured enterprise data, and AurionAI, designed for banking-specific AI use cases. Crucially, these solutions are being embedded into its existing platforms, enhancing functionalities across lending, risk, and transaction banking.

The suite serves as the transaction backbone for major clients, led by State Bank of India (SBI)—a Rs. 100+ Cr enterprise deployment following a BCG-run global evaluation—and regional banks such as UOB, OCBC, and Bank of Ayudhya (BAY). iCashpro’s module library (e.g., virtual accounts, pooling, real-time reconciliation, host-to-host AR/AP automation) enables progressive roll-outs and wallet expansion across corporate and SME segments. Demand is driven by corporate-banking digitisation, mandatory liquidity and reporting standards, and migration to virtual-account architectures across India, ASEAN, and the Middle East.

The SmartLender / Integro Lending Suite spans the complete lending lifecycle—loan origination, credit assessment, documentation, disbursement, servicing, monitoring, collections, and GL/Fixed Asset integration—with pre-configured suites by segment. The Corporate Lending Suite enumerates modules such as Loan Origination System, Financial Analytics, Risk Analytics, ESG, Digital Form/Smart Capture, Data Connect/Intelligence, and credit-rules orchestration. The Retail Lending Suite lists Customer Onboarding, Credit Processing, Loan Servicing, Debt Management, Admin, GL & Fixed Assets, and omnichannel interfaces. Product coverage cuts across retail (asset finance, mortgages, LAP, personal loans, consumer-durable loans, gold loans, credit cards), SME (asset finance, working capital, supply-chain finance), commercial (term loan, working capital, project finance, real-estate lending, agri credit, commercial mortgage-backed), and large corporate/financial institutions (syndicated and leveraged loans, bill discounting, letters of credit, private credit, Islamic finance).

The portfolio is reinforced by Infrarisk (recently acquired; Melbourne-based software for lending) and is integrated with Arya.ai/AryaXAI capabilities for explainable-AI scoring, model monitoring, and audit.

FY25 deployments and upgrades were executed across UOB, OCBC, BAY and Indian NBFCs/small-finance banks, with localisation for RBI/MAS/IFRS9/Basel requirements and open-API ecosystems. The suite is architected to shorten implementation timelines via domain templates and to scale across geographies through partner-led delivery in the Middle East and Europe.

Aurionpro’s capital-markets stack combines proprietary and partner-led offerings. The firm provides Murex Managed Services and Murex Advisory Solutions that deliver full lifecycle support—implementation, upgrades, release management, regression testing, bespoke configuration, and risk/treasury transformation advisory—targeting banks seeking predictable operations and accelerated roadmap velocity. Aurionpro also references Fenixsys, described as a next-gen core technology platform for modern capital markets in the materials, complementing the advisory/managed layer with product-adjacent engineering depth. On the treasury front, FXConnect bridges FX Treasury with core banking, with distinct Retail Services (real-time FX rates, notes/DD/TT/TC issuance, re-issuance and transfers) and Corporate Services (FCY cash-management, cross-border funds transfer, enterprise FX workflows).

This vertical is delivered primarily in Southeast Asia and India, often as a cross-sell into SmartLender or iCashpro clients in need of integrated front-to-back treasury and regulatory reporting. Enhancements noted in FY25 include expanded market-data interfaces and algorithmic pricing modules for real-time exposure tracking and valuation.

The Digital Banking Engagement layer is centred on AuroDigi, a one-stop platform for unified digital experiences spanning web, mobile, kiosk, and chatbot interfaces. It is positioned for multi-entity, multi-currency banks, supports advanced analytics, and is cloud-native with open-banking support, enabling rapid channel rollout without core replacement. Aurionpro’s Interactive Communications suite expands front-end capabilities through:

• InteractCX (interactive content management for customers, dealers, and partners; omnidevice content display),
• Interact AV (personalised audio-video messaging for onboarding, tutorials, reminders, recommendations),
• InteractDM (digital-marketing solutions including WhatsApp integrations, URL-shortening, campaign workflows), and
• InteractDX (customer-communication management—template management, secured print streams, secured PDFs for portals).

Channel-adjacent products enhance in-branch and self-service CX, including OptiQ (queue-management system), Insight (customer-feedback/voice-of-customer platform), self-service kiosks tailored for banking/telecom/airport/healthcare/government use-cases, and Experia (digital signage and menu-board orchestration with centralised screen layout and content control). FY25 deployments include PSU/co-operative bank front-end modernisation and selected private-bank channel upgrades, with rising attach to the core iCashpro/SmartLender estates.

Aurionpro’s payments-infrastructure layer centres on Auropay and Auropay Biz. Auropay is a technology-driven platform for secure payment acceptance and orchestration with modules for payouts/collections, settlement & reconciliation, dashboards, reporting, notifications, and fraud & risk management. Auropay Biz is a cloud-based accounts-payable platform that streamlines invoice-to-pay workflows, supports automatic reconciliation, and features automatic sync with accounting systems for auditability. The portfolio also reference Business Payments – Auropaybiz for future-proofing AP processes and creating efficiency across the enterprise payables lifecycle.

The payments layer is implemented for banks, enterprises, and public-sector undertakings, including use-cases where payment gateways interoperate with transit/toll systems and smart-city infrastructure. Partnerships with global card networks and processors extend multi-rail coverage, while API-first integration allows payments modules to be embedded alongside iCashpro and Digital Engagement components in bank and enterprise estates.

Aurionpro’s Technology Innovation Group (TIG) accounted for ~47% of FY26 revenue, reflecting the company’s parallel expansion beyond financial software into infrastructure-technology, mobility, and data-centre solutions. TIG integrates proprietary hardware, middleware, and engineering services through three focused business lines - Transit & Smart Mobility, Data Centre & Hybrid Cloud, and Government & Smart City — supported by manufacturing and R&D bases in Malaysia, India, Istanbul, Singapore, and London.

The Transit & Smart Mobility vertical is the largest contributor within TIG, forming roughly 40% of TIG revenues in FY25 (~19% of overall FY25 revenue). It delivers an end-to-end open-loop, EMV-certified fare-collection and transit-automation stack that combines proprietary hardware, embedded software, clearing systems, and mobility analytics.

The product suite includes:

• Automatic Fare Collection: Their automated solutions streamline fare collection are platformed on open-loop and closed-loop EMV ticketing architecture. These are aligned as per global payment compliances, and in India, as per the NCMC norms.
• Intelligent Transport Management System: Provide better visibility and advanced fleet tracking from any location 24/7, supported with depot management and optimized route planning.
• Hardware Device Automatic Gates: Hardware Components for AFC Validators, Ticket Readers, Ticket Vending Machines, Ticket Office Machines, EMV/Rupay Card Readers, Automatic Gates Turnstile.
• Ticket Vending Machines: AuroToshi Ticket Vending Machines are cashless dispensers that integrate multiple functions, including cash collection, coin module, token ticket dispensing, bankcard acceptance, module monitoring, and ticket and voucher printer.
• Transit Gates – AuroToshi Transit Gates are essentially Flap Barriers that undergo design alteration to make them suitable for automatic fare collection at BRTS and Metro Stations. They integrate multiple identification access control functions, including Quick Pass, mobile phone QR code, bus cards, and tokens.
• Transit Payment Solutions Transit Card Issuance and Acquiring Services. Mobile Wallet.

Aurionpro’s transit platforms are deployed in Delhi Metro, Chennai Metro, and Mumbai Metro and have been rolled out internationally for Egypt’s Cairo Metro, Maldives Integrated Transport Network, and vendor-empanelment in the California open-loop programme (U.S.). Hardware manufacturing and integration are executed through Aurionpro Toshi Automatic Systems Ltd, the company’s Indian manufacturing arm specialising in gates, validators, and automatic-fare-collection components. R&D hubs in Istanbul, Singapore, and London focus on certification and protocol interoperability, while factories in Malaysia and India manage supply-chain control.

This vertical benefits from strong structural demand for open-loop mobility ecosystems, driven by government directives for interoperable transit payments, rapid urbanisation, and public-transport digitalisation. FY25 saw multiple new wins in Asia and the Middle East alongside renewals for metro expansions in India.

The Data Centre & Hybrid Cloud vertical operates on an asset-light engineering and programme-management model. Aurionpro provides turnkey services covering consulting, design, construction supervision, testing & commissioning, and programme management for Tier III and Tier IV data-centre facilities. Its portfolio also includes data-centre automation frameworks, energy-efficiency optimisation, and AI-driven monitoring and control systems.

Flagship engagements include programme management for the Reserve Bank of India’s Tier IV data centre, multi-megawatt facilities for Iron Mountain India, and various projects for state and private-sector clients across India and the Middle East. Aurionpro’s IP layer integrates design templates, predictive-maintenance algorithms, and digital-twin visualisation to enhance project efficiency. The vertical leverages partnerships with global data-centre operators and colocation providers, focusing on sustainability, uptime certification, and cybersecurity compliance.

The global trend toward hybrid-cloud adoption, regulatory localisation of financial data, and the rising need for energy-efficient hyperscale builds underpin the division’s sustained visibility.

The Government & Smart City vertical delivers integrated command-and-control and urban-automation systems that unify surveillance, traffic, energy, and citizen-service layers on a single digital platform. Aurionpro’s proprietary Command & Control Suite integrates modules for video analytics, incident response, intelligent lighting, environmental monitoring, and transport coordination. Complementary solutions include integrated access and perimeter-security management and smart-meter and energy-analytics platform.

The company has implemented state-level command-centres and urban-governance projects under India’s Smart Cities Mission and extended modules to markets in Southeast Asia and the Middle East. Government & Smart City leverages cross-domain IP from Transit & Payments to deliver interoperable public-service infrastructures—for example, integrated payment modules for parking and toll systems, or shared analytics dashboards linking citizen-service applications with transport-command centres. The business plays a strategic role in establishing public-sector credibility and generating references for larger urban-digitisation mandates.

Innovation Hub: Through its Innovation Hub, the company drives digital transformation, advanced research and development, precision manufacturing, and design and prototyping, ensuring that products meet global standards and customer expectations.

Dixon also provides reverse logistics services, including repair and refurbishment of LED TV panels and mobile phones, which enhance product lifecycle management and sustainability. Its quality assurance and performance testing capabilities ensure that every product adheres to stringent international benchmarks.

By integrating manufacturing, assembly, R&D, repair, and quality services, Dixon positions itself not just as a manufacturer but as a complete solutions provider, enabling global brands to scale efficiently and sustainably.