GVFL has led a $3 million investment in enterprise blockchain engineering firm Antier Solutions, its first institutional funding after more than a decade of bootstrapped growth. The company, headquartered in Mohali, runs platforms like EduBlock Pro for tamper-proof exam workflows and Programmable Money Infrastructure for tokenisation and institutional financial operations, targeting expansion across government and BFSI.
Banking and financial services veteran Deepak Parekh says global geopolitical shocks are unlikely to create systemic risk for India’s BFSI sector. Still, he expects a short-term slowdown in loan growth. Parekh also flagged rising REIT momentum, low insurance penetration, moderated deposit mobilization as retail shifts to mutual funds, and an AI transition that’s only beginning in finance.
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India’s office market is bucking global headwinds with its best-ever first quarter, clocking record leasing volumes. Occupier confidence is being boosted by major tech players, the rise of flexible office solutions, and steady demand from BFSI firms. Bengaluru, Mumbai, and Hyderabad are leading the charge, signaling a strong, sustained revival in commercial real estate.
Persistent’s Q4 net profit rose 34% to Rs 529 crore, with revenue climbing 25.1% year-on-year to Rs 4,055.9 crore. The standout was BFSI, growing 24.3% annually, alongside 11.2% growth in software, hi-tech and emerging industries. Healthcare and life sciences also rebounded, up 14.1% after earlier lagging.
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