We help banks stay on the grid: Sarvatra Technologies' Mandar Agashe

Fifty-five per cent of the banks are on our platform. Even Google Pay and Truecaller Pay are on it. As for competition, you have C-Edge, and Infrasoft, says Agashe

Sarvatra Technologies’ PaaS (platform as a service) solution has helped drive payment banking during the Covid-19 lockdown, especially in rural India. Its plug-and-play model has enabled co-operative banks, in particular, to keep their payment systems humming. Founder-managing director Mandar Agashe spoke to Raghu Mohan. Edited excerpts:

On Sarvatra and co-operative banks

These banks were not part of the real-time gross settlement system; and did not have the manpower to manage a complex payments network. They were not aware of the software nor had the infrastructure to keep it updated and secure. We ensured that even during Covid-19, their payments’ network