In June of 2005, Dr S Satchidananda, the then Research Director of IIT Bombay, conducted a unique banking pilot in five villages near Honavar, Karnataka. His objectives in conducting this pilot were:

• Expanding effective access service to rural india
• Improving governance - through transparency and documentation
• Improving quality of service - by leveraging IT
• Achieving poverty alleviation & economic development
• Generating rural employment

Participating in this pilot were Syndicate Bank, SBI, ING Vysya Bank, Vikas Grameen Bank and PACs. Integration to their banking core was done with mobile ATMs. The framework was to be the creation of a banking ring at the core, encapsulated by a ring of utility services at the next layer and a layer comprising health, education and governance etc as the outside layer.

The vision fuelling this endeavour was one of universal “Inclusion” where the so far un-reached and un-banked would be effectively tagged and the success of this pilot spawned the creation of atyati.

Headquartered in Bangalore, atyati was incorporated in April of 2006 with the express intent of creating the solution platform that would bring to reality India’s dream of universal “inclusion”. With a mission to “Enable Outreach”, atyati has been able to address the needs of customers in sectors as diverse as State Government Social Welfare Departments to the Dairy Farming Community.