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Reading: Mrutyunjay Mahapatra Unveils Decimal’s vConsent and Revamped Vahana Hub for BFSI
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StockWaves > Business > Mrutyunjay Mahapatra Unveils Decimal’s vConsent and Revamped Vahana Hub for BFSI
Business

Mrutyunjay Mahapatra Unveils Decimal’s vConsent and Revamped Vahana Hub for BFSI

StockWaves By StockWaves Last updated: July 4, 2025 7 Min Read
Mrutyunjay Mahapatra Unveils Decimal’s vConsent and Revamped Vahana Hub for BFSI
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  • Decimal Applied sciences revamps Vahana Hub right into a public market, providing 1,500+ APIs and composable apps to speed up digital innovation and simplify integration for BFSI establishments.
  • Launch of vConsent, an enterprise-grade Consent Administration Platform constructed to make sure seamless compliance with India’s DPDP Act, that includes multilingual help, omnichannel deployment, and enterprise-grade safety.
  • Strategic concentrate on compliance, innovation, and buyer belief, with Decimal enabling BFSI gamers to ship scalable, safe, and clear digital experiences by a composable and controlled ecosystem.

New Delhi, India – 4th July, 2025 – Decimal Applied sciences, a no-code platform revolutionizing enterprise utility improvement, as we speak introduced the strategic revamp of Vahana Hub right into a public market of APIs and composable apps.

The revamp coincides with the launch of the much-needed Consent Administration Platform named vConsent, which complies with the DPDP Act.

This landmark announcement was made throughout an unique launch occasion held on July 1, 2025, at Decimal’s headquarters in Gurugram.

The occasion welcomed main BFSI establishments, know-how companions, and purchasers, with Mrutyunjay Mahapatra—a distinguished trade chief and board member throughout India’s banking sector—becoming a member of as Chief Visitor.

This transformation and launch is designed to handle long-standing challenges confronted by banks, NBFCs, fintechs, and repair suppliers, together with fragmented vendor ecosystems, delayed go-lives, and the fixed want for repeated compliance checks.

The newly launched vConsent, a strong, enterprise-grade Consent Administration Platform constructed to assist monetary establishments seamlessly adjust to India’s Digital Private Information Safety (DPDP) Act, 2023.

The Platform empowers information fiduciaries to acquire, handle, and revoke person consent with full transparency and accountability. vConsent options multilingual and multimedia consent assortment in 22 Indian languages, omnichannel deployment, headless APIs, and MACH-based structure for speedy innovation and compliance agility. Hosted on ISO 27001 and SOC 2 licensed infrastructure, it offers enterprise-grade safety and a seamless path to DPDP compliance.

Vahana Hub goes past normal integration instruments by specializing in the distinct calls for of the BFSI panorama.

It allows centralized API administration, real-time monitoring, single whitelisting, and failover, eliminating operational inefficiencies and serving to establishments shift their focus from firefighting to delivering significant buyer experiences.

The platform allows organizations to drastically cut back integration time and price with plug-and-play, low-code/no-code APIs, unified utilization analytics, and BYOK (Convey Your Personal Key) help.

It additionally empowers monetary establishments to host and handle their very own APIs and apps, fostering a collaborative and composable digital ecosystem.

With BFSI establishments beneath stress to construct digital journeys quickly whereas staying compliant, Vahana Hub emerges as a purpose-built ecosystem to simplify integration and speed up innovation. It presents a rising library of over 1,500 APIs and apps throughout greater than 30 use instances, supported by a community of 70+ trusted companions. 

The platform offers a single window for locating, integrating, and managing digital capabilities—all inside a safe and compliant framework aligned with RBI, UIDAI, and ISO requirements.

With this transformational milestone, Decimal Applied sciences reinforces its mission to construct scalable, compliant, and safe digital infrastructure for the way forward for monetary companies.

Mrutyunjay Mahapatra, Member Board Of Administrators and Chairman Audit Committee, Reserve Financial institution Innovation Hub (RBIH) stated that “Within the information centric new world, the battle might be for Compliant information with verifiable consent.

The Indian DPDP Act enjoins gamers on managing belief as a robust fiduciary duty. As a result of this, the BFSI sector should reimagine and reposition it’s information dealing with processes and know-how to exhibit duty, transparency, and buyer centricity.

Innovation would be the key engine for development with compliance. Gamers should create effectively ruled, templatised and verifiable improvements to remain related and future prepared”

“The evolution of Vahana Hub right into a public market marks a transformative shift in how the monetary companies trade can entry and ship next-generation digital capabilities,” stated Lalit Mehta, CEO, Decimal Applied sciences.

“We’re enabling establishments to innovate with pace and confidence by offering composable, safe, and clever constructing blocks for digital experiences.”

“vConsent represents our dedication to serving to the BFSI sector keep forward of regulatory expectations with out compromising on person expertise,” stated Dinesh Parekh, COO, Decimal Applied sciences.

“It’s greater than a compliance device, it’s a belief enabler, designed to make information transparency and accountability the brand new normal.”

With this transformational change, Decimal Applied sciences reinforces its mission to construct scalable, safe, and compliant digital infrastructure for the way forward for monetary companies.

About Decimal Applied sciences

Decimal Applied sciences is a frontrunner in digital transformation, empowering the BFSI sector to construct, deploy, and scale functions effortlessly.

With its AI-accelerated, No-Code improvement atmosphere, Decimal’s Vahana Cloud platform simplifies the event course of, serving to BFSI companies speed up their digital transformation journey.

Disclaimer:- This story has not been edited by SugerMint workers and supplied by the company. SugerMint is not going to be accountable in any manner for the content material of this story.



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