Mumbai-based fintech startup dtbX has unveiled GRAVITY, an AI and deep tech-powered sustainable business accelerator platform for the banking industry. The category-first offering, co-founded by ex-HDFC bankers Rohit Maroo and Satish Krishnaswamy, has raised close to $1 million in a pre-seed round.
GRAVITY makes all of a bank’s underlying software interoperable, boosting efficiency. Its central processing platform handles most arithmetic and control functions of applications, ensuring the latest, fastest and most secure tech. An inbuilt expansion slot can accommodate 10 futuristic components, negating the need for banks to replace core systems, says Co-founder Satish Krishnaswamy.
He adds that early feedback from bankers has been ‘overwhelmingly positive’. ‘Industry veterans like ex-ICICI Group CTO Pravir Vohra and Unity Small Finance Bank CIO V Vaidyanathan are excited by the disruptive potential of such hyper-personalization platforms’, said Krishnaswamy. Industry leaders also believe GRAVITY can aid the $7 trillion economy goal by 2030.
