iServeU Celebrates Nine Years of Innovation and Impact at Its 9th Foundation Day – Abhyudaya

India, 12th November, 2025: iServeU Technology Pvt. Ltd., a leading Banking-as-a-Service (BaaS) infrastructure provider in the APAC region, celebrated its 9th Foundation Day, Abhyudaya, at the Rail Auditorium in Bhubaneswar yesterday. The event brought together distinguished guests, industry leaders, and over 600 employees to commemorate nearly a decade of innovation, growth, and contribution to strengthening India’s digital banking infrastructure.

The evening commenced with a welcome address by Mr. Debiprasad Sarangi, CEO and Co-founder of iServeU, who reflected on the company’s journey from its roots in Odisha to becoming a trusted fintech infrastructure partner for 20+ banks and over 250 fintechs across India and overseas. He reiterated iServeU’s mission to empower banks and fintechs with cutting-edge digital solutions.

In his keynote, Mr. Sanjib Kumar Parida, CTO and Co-founder, shared the story of iServeU’s technological evolution, highlighting how the company’s entirely in-house, cloud-native platform powers several of India’s largest PSU banks, along with India Post and CSC, enabling secure, real-time digital payments to the last mile.

The celebration featured esteemed guests, including Shri Dinabandhu Mohapatra, former Managing Director and CEO of Bank of India. The event also included motivational sessions, insightful keynotes, and a talent awards ceremony recognizing the exceptional contributions of iServeU’s young workforce—whose average age is just 24. Employees who completed six years or more with the organization were also honored.

The evening concluded with vibrant cultural performances by employees and a musical night headlined by Sa Re Ga Ma fame Rupali Jagga & team, encapsulating the energetic and innovative spirit of iServeU.

Speaking on the occasion, Mr. Sarangi said:

“Abhyudaya is not just a celebration of our past achievements but a reflection of our collective spirit and vision for the future. Being headquartered in Odisha, we take pride in nurturing local talent and establishing the state as a rising fintech hub.”

With a team of over 300 skilled payment engineers, iServeU continues to empower enterprises to deliver embedded banking services through its comprehensive, end-to-end technology stack that simplifies financial transactions across multiple payment channels.

As iServeU enters its tenth year, the company remains focused on expanding its global partnerships, deepening financial inclusion, and driving innovation to further strengthen India’s fintech ecosystem.