Arya.ai builds AI infrastructure for banking, financial services, and insurance companies, positioning itself as an 'AI Cloud' for regulated financial institutions. Vinay Kumar Sankarapu and Deekshith, researchers from IIT Bombay, founded the company in 2013, and it is based in Mumbai.
Its Apex product packages more than 100 pre-built AI APIs for tasks like KYC data extraction and bank statement analysis on a pay-as-you-go basis, while AryaXAI adds explainability and audit capabilities so financial institutions can show regulators how models reach decisions, and Nexus works as a gateway to secure and govern API usage. In April 2024, Aurionpro Solutions acquired a majority stake in Arya.ai, and the product now operates as part of Aurionpro's enterprise AI offerings for financial institutions.
Banks, insurers, and other regulated financial institutions needing auditable AI rather than black-box models are the target customers, with clients including ICICI Lombard, TATA AIG, and Axis Bank. Pricing is not published outside the pay-as-you-go Apex API tier; broader platform deployments are quoted per institution.
