UST

Muthoot FinCorp has entered into a strategic partnership with global digital solutions provider UST to implement a Rs. 500 crore technology and digital transformation initiative. The collaboration aims to modernize the company’s IT infrastructure, enhance customer experience, and strengthen data-driven decision-making across lending and financial services operations. Analysts view the move as a significant step toward improving operational efficiency, risk management, and scalability in a competitive NBFC sector.

Technology services firm UST has partnered with an innovation cell at the Indian Institute of Technology Madras (IIT Madras) to support deep-tech startups focused on healthcare solutions. The collaboration aims to bridge academic research and industry expertise, enabling startups to scale technologies in areas such as medical devices, diagnostics, data analytics and digital health. By combining IIT Madras’ research ecosystem with UST’s global delivery capabilities, the initiative seeks to strengthen India’s position in healthcare innovation.