Rajesh Mirjankar, Managing Director and CEO of Kiya.ai, stated that India's advancing role in digital finance and artificial intelligence is establishing new standards for innovation.

During the Global Fintech Fest (GFF) 2025, Mirjankar stated that the GFF, while centered on India, has evolved into one of the biggest fintech assemblies globally. It serves as an excellent platform to highlight India's capabilities in fintech and payments.

“Be it UPI or the Jan Dhan-Aadhaar initiative, our innovations are establishing global standards," he remarked, emphasizing how India's digital evolution has attracted worldwide recognition.

He stated that this year's event signifies a new chapter driven by innovation, with artificial intelligence becoming a crucial focus for partnership.

Focusing on AI allows both countries to collaborate in various fields, mentioning the planned visit of PM Narendra Modi and the UK PM at GFF.

Mirjankar stated that Prime Minister Narendra Modi's concept of "AI for All" has motivated inclusive innovation. "The Prime Minister stated that artificial intelligence needs to be an inclusive product, and that will be the goal of the Government of India," he remarked.

Kiya.ai, he mentioned, has created a patented technology that facilitates this aim, enabling users to engage with banking systems in local languages via AI-driven pods.

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"These pods are able to converse in Hindi or any other Indian language." They can assist with onboarding or respond to basic banking inquiries, such as how much interest a customer will receive for depositing Rs. "10,000 annually for three years," Mirjankar stated.

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Mirjankar highlighted that India's achievements with UPI demonstrate the potential of combining innovation and inclusion effectively. Nine years ago, when UPI was launched, hardly anyone anticipated it would achieve billions of transactions. Currently, approximately 500 million accounts are connected via QR code payment systems. "What other nations accomplished in 30 years, India completed in merely three," he stated.

He stressed that inclusivity continues to be essential for advancement. "If inclusivity is the aim, then there are no boundaries," he stated. Mirjankar states that every bank, be it private, public, or cooperative, must now deliver precise, 24/7 service via technology.

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"By training systems to provide accurate information when needed, the whole banking and financial industry will gain advantages," Rajesh concludes.