In a major consolidation within India’s digital lending ecosystem, Online PSB Loans (OPL)—the operator behind the country’s largest public-sector-backed digital credit platform—is in advanced negotiations to induct AvenuesAI Limited as a minority stakeholder.
According to recent stock exchange filings, AvenuesAI’s board has officially approved a proposal to acquire a 7% minority equity stake in OPL via a secondary share sale. The strategic investment aims to blend artificial intelligence, digital payments infrastructure, and public-sector banking to revolutionize credit accessibility for underserved markets.
Deal Timeline and Strategic Value
The transaction is structured to introduce a deeply specialized technology layer into OPL’s existing investor network:
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Timeline: Term sheets have already been signed. Vishal Mehta, Chairman and Managing Director of AvenuesAI, confirmed that the deal is expected to conclude within the current fiscal year, subject to regulatory and statutory approvals.
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The AI Advantage: Post-acquisition, AvenuesAI will stand as the only AI-led platform company within OPL’s investor consortium. It brings a unique combination of enterprise communication frameworks, advanced payments infrastructure, and a massive digital consumer footprint.
“Term sheets have been signed and soon both the companies will start working on closing… [The deal is] subject to statutory requirements.”
— Vishal Mehta, Chairman & Managing Director, AvenuesAI
OPL’s Massive Digital Lending Footprint
The partnership hooks directly into OPL’s highly successful, national-scale credit infrastructure. OPL has positioned itself as the backbone of micro, small, and medium enterprise (MSME) lending in India:
| Metric / Initiative | Current Scale & Reach |
| Partner Network | 235+ banks and financial institutions |
| Total Sanctioned Loans | Over ₹3,97,000 crore |
| Onboarded MSMEs | More than 30 lakh businesses |
| FinTech Products Developed | 70+ credit infrastructure products |
| Core National Platforms Powered | PSB Loans, JanSamarth, GST Sahay |
Driving the Next Credit Revolution
As India’s digital credit infrastructure rapidly matures, the convergence of OPL’s vast banking network with AvenuesAI’s predictive algorithmic capabilities is expected to create a highly optimized data paradigm. By analyzing transaction flows, GST filings, and payment histories through AI, the partnership intends to drastically reduce loan processing times while safely expanding formal credit to millions of previously unbacked MSMEs.
