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shriram finance super app: Shriram Finance ‘Super App’ to go live in January

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In a first, the largest retail non-banking financial company (NBFC) Shriram Finance, has set up its own ‘super app’ offering around 150-200 products and services to provide a one-stop solution platform for both retail and business customers, ET has learnt.

Currently in beta stage, the app called ‘Shriram One’ will go live next month and is set to be launched formally in the next two-three months.

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“The company will be making a public announcement before March next year,” three people privy to the development said.

Shriram One already has around 3.5 lakhs customers and it expects to onboard more than 20 to 25 lakh before the public launch.

In the wave of super-apps built across large firms, the Chennai-based shadow bank aims to accelerate its lead in moving from a traditional monolithic mobile app to offering several micro services beyond the financial services and products to day to day functions like merchant and bill payments, flight and cab bookings and access to a marketplace, under one platform.

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“We will distribute all product and service offerings within the Shriram group’s ecosystem. ” chief digital officer Ajay Thomas John said.

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In a first, the largest retail non-banking financial company (NBFC) Shriram Finance, has set up its own ‘super app’ offering around 150-200 products and services to provide a one-stop solution platform for both retail and business customers, ET has learnt.

Currently in beta stage, the app called ‘Shriram One’ will go live next month and is set to be launched formally in the next two-three months.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
IIM Lucknow IIML Executive Programme in FinTech, Banking & Applied Risk Management Visit
Indian School of Business ISB Professional Certificate in Product Management Visit
Indian School of Business ISB Digital Transformation Visit

“The company will be making a public announcement before March next year,” three people privy to the development said.

Shriram One already has around 3.5 lakhs customers and it expects to onboard more than 20 to 25 lakh before the public launch.

In the wave of super-apps built across large firms, the Chennai-based shadow bank aims to accelerate its lead in moving from a traditional monolithic mobile app to offering several micro services beyond the financial services and products to day to day functions like merchant and bill payments, flight and cab bookings and access to a marketplace, under one platform.

Discover the stories of your interest

“We will distribute all product and service offerings within the Shriram group’s ecosystem. ” chief digital officer Ajay Thomas John said.

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.

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