A proud moment for the entire LPU family has been bought by our alumni Ajay Rana, co-founder of Mumbai-based fintech startup Quantiguous Solutions which was recently acquired by Deutsche Bank. Their startup offers API – based banking solutions.
Quantiguous, a bootstrapped startup offered open banking solutions to banks and had Yes Bank and RBL Bank as its clients. The founder duo Ajay Rana and Akhilesh Kataria had approached Deutsche Bank as a potential client after realizing an opportunity to work in Europe and making their business global, following which the German Bank put forward the deal of acquiring Quantiguous.
Quantiguous was founded in 2014 and delivered services in consulting, developing and managing enterprise apps, integration solutions and APIs for the banking industry. This deal will greatly benefit Deutsche Bank’s banking strategy.