Investment firm BNY Mellon eyes Indian start-ups in AI, ML to digitise operations

Global investments company BNY Mellon is on mission mode. The banking and financial services company is working on digitising its end-to-end operations. As part of the digitisation strategy, BNY Mellon plans to partner with Indian start-ups working in robotics, machine learning (ML), and artificial intelligence (AI).

“One area where we are really looking to push more is fintechs in India. We are very much open to fintechs in India but haven’t done as much as we want to, but we are going to push hard on this,” said Roman Regelman, Senior Executive Vice-President, Head of Digital for BNY Mellon.

“We have tie-ups with global fintechs which have operations here, but we don’t have tie-ups with Indian domestic fintechs,” Regelman added.