Fintech startup AtoB, focused on the transportation industry, plans to open an R&D centre in Bengaluru to support its expanding global operations, said cofounder and CEO Vignan Velivela.
He also mentioned that the company is close to completing an acquisition in India but he didn’t provide more details.
“We are definitely in expansion mode now. It's not just a US-only focus anymore, but we're actively looking at international markets, and for doing that, we want a global talent pool, ” said Velivela.
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Velivela said the company aims to hire Indian talent in different fields like engineering, business, risk, and financial operations.
Velivela said India is expected to become an important market for the company in three to five years as its trucking industry becomes more digital. AtoB’s products include a fuel card for commercial trucking operators, a payroll product to pay drivers, and B2B invoice payment options.
About AtoB
Founded in 2019 and based in San Francisco, AtoB is modernizing payment systems for trucking and logistics. While its operations are mainly in the US, the company is looking to expand into Europe and Southeast Asia.
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