Latest news with #MohitAggarwal
Business Standard
2 days ago
- Business
- Business Standard
Goa based company secures RBI authorization as a payment aggregator
PRNewswire Panjim (Goa) [India], June 27: Instifi, a homegrown fintech venture, has received final authorization from the Reserve Bank of India (RBI) to operate as a licensed online payment aggregator. This positions the company as the only one in Goa to hold the authorization, marking a significant step forward for the state's digital economy. Co-founded by Goan entrepreneur Mohit Aggarwal, Instifi's achievement reflects a deep commitment to innovation, compliance and service excellence. "Despite personal health challenges, this is a moment of immense pride for me and our team. It's not just a company milestone -- it's a victory for Goa," Mohit shared. The leadership team at the company includes industry veterans: Prakash Ravindran - CEO and director, Anushree Chandra - CBO and director; Arbaaz Jamal - COO and director and Faisal Nomani - director. About Instifi Instifi offers a robust suite of digital payment solutions, including credit/debit card processing, UPI services, net banking, and virtual accounts. The platform is tailored to serve both urban businesses and underserved markets across India. Looking ahead, the company aims to become a hub for Goan tech talent, driving digital transformation and creating sustainable growth opportunities within the state. Website link: Instagram: YouTube: LinkedIn: For More Information, contact:
The Wire
2 days ago
- Business
- The Wire
GOA BASED COMPANY SECURES RBI AUTHORIZATION AS A PAYMENT AGGREGATOR
PANJIM, India, June 27, 2025 /PRNewswire/ -- Instifi, a homegrown fintech venture, has received final authorization from the Reserve Bank of India (RBI) to operate as a licensed online payment aggregator. This positions the company as the only one in Goa to hold the authorization, marking a significant step forward for the state's digital economy. Co-founded by Goan entrepreneur Mohit Aggarwal, Instifi's achievement reflects a deep commitment to innovation, compliance and service excellence. "Despite personal health challenges, this is a moment of immense pride for me and our team. It's not just a company milestone — it's a victory for Goa," Mohit shared. The leadership team at the company includes industry veterans: Prakash Ravindran - CEO and director, Anushree Chandra - CBO and director; Arbaaz Jamal - COO and director and Faisal Nomani - director. About Instifi Instifi offers a robust suite of digital payment solutions, including credit/debit card processing, UPI services, net banking, and virtual accounts. The platform is tailored to serve both urban businesses and underserved markets across India. Looking ahead, the company aims to become a hub for Goan tech talent, driving digital transformation and creating sustainable growth opportunities within the state. Web site link: Instagram: YouTube: LinkedIn: For More Information, contact: Address;- Office #325, 2nd Floor, Casa Del Sol, Miramar, Panjim Goa - 403001 Call - 91 8799906286 Photo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). This is an auto-published feed from PTI with no editorial input from The Wire.
Hindustan Times
05-06-2025
- Hindustan Times
Mohali: Illegal construction by drug smuggler demolished in Kurali
As part of the ongoing state-level 'Yudh Nasheyan Virudh' campaign, Mohali police, working in coordination with the rural development and panchayat department, demolished an illegal structure erected on panchayat land by a drug smuggler in Chatauli Kalan village, under the jurisdiction of Sadar Kurali police station, on Wednesday. The demolition drive was conducted under the instructions of DSP Mullanpur Mohit Aggarwal and SHO Gaurav Bans Singh, following directives from SSP Mohai Harmandeep Singh Hans. According to DSP Aggarwal, the demolished structure was illegally constructed on village phirni (common panchayat land) by Dilpreet Singh, who is currently in judicial custody and facing trial. Singh is implicated in six criminal cases, including four under the NDPS Act, registered in the districts of Ropar and Mohali. One of the charges involves the seizure of 445 gm heroin, for which a case was registered at the Sadar Kurali police station on May 29, 2022. 'This action reflects the Punjab government's zero-tolerance policy towards drug trafficking,' said DSP Aggarwal, adding, 'It also serves as a strong message to those indulging in drug trade that illegal assets will not be tolerated.' SSP Hans issued a warning to drug peddlers, urging them to abandon illegal activities or else face stringent action. The move was welcomed by local residents and sarpanch Gurpreet Singh, who expressed gratitude to the Punjab government and district authorities. DSP Aggarwal also highlighted that in recent months, the Mullanpur police sub-division has arrested 70 individuals in connection with 40 FIRs, with several accused being referred to de-addiction and rehabilitation centres for treatment. In addition, the police have initiated proceedings under Section 68-F of the NDPS Act, resulting in the attachment or freezing of two vehicles and one property identified as proceeds of drug trafficking.
