New tech on the block: Fintech, Agtech & Healthtech

The Tech Panda takes a look at recent tech launches.

Fintech: BSE 150 Midcap Universe Factor Indices

BSE Index Services Pvt. Ltd., a wholly-owned subsidiary of BSE, launched 4 new BSE Factor Indices from the BSE 150 Midcap Index as Universe with 5% Stock Level Capping. These Indices are Reconstituted Quarterly, have a base value of 1000, and the first value date is 20th June 2005 along with the additional screening of 100% Stock Trading Frequency.

Ashutosh Singh, MD & CEO of BSE Index Services Pvt. Ltd, highlighted the significance of these indices, stating, “Mid-caps are a critical building block in long-term portfolios, with this launch the BSE factor indices now span large caps, large-mid, broad market 500 universe and mid-caps. The objective is to create a seamless and institution grade investable factor continuum while also enabling ETF and passive fund managers to build coherent, market-wide strategies aligned to different risk–return objectives.”

Features

• BSE Midcap 150 Enhanced Value 30: The Index measures the performance of the 30 companies in BSE 150 Midcap Index with the most attractive valuations, based on their value scores.
• BSE Midcap 150 Momentum 30: The Index measures the performance of the 30 companies in BSE 150 Midcap Index that exhibit the most persistence in their relative performance, based on their momentum scores.
• BSE Midcap 150 Low Volatility 30: The index measures the performance of the 30 least volatile companies in the BSE 150 Midcap.
• BSE Midcap 150 Quality 30: The index measures the performance of the 30 highest quality companies in the BSE 150 Midcap, based on their quality scores.

Agtech: An Open Innovation Ecosystem to Accelerate Farmer-First Agricultural Solutions

Rallis India Limited, a Tata Enterprise and a science-led agri-solutions Company, launched Idea2Impact™ – Rallis Agri Innovation Ecosystem, a structured open innovation platform aimed at fostering collaboration across the agricultural ecosystem to accelerate the development of farmer-centric, sustainable solutions.

Dr. Gyanendra Shukla, Managing Director & CEO, Rallis India Limited, said, “At Rallis, we believe that meaningful agricultural innovation emerges when strong science is combined with fresh ideas and real field experience. Idea2Impact™ is our way of opening up Rallis’ capabilities to the wider ecosystem, while maintaining the highest standards of governance, transparency, and scientific rigor. This platform will help us work more closely with innovators to develop solutions that deliver real value to farmers and contribute to the long-term sustainability of Indian agriculture.”

Features

• Conceived to bring external ideas, scientific capability, and real-world field insights together in a transparent and responsible manner.
• Enables collaboration with farmers, researchers, startups, academic institutions, and small enterprises, providing them access to Rallis’ scientific expertise, R&D infrastructure, testing and validation capabilities, and pan-India market reach.
• Follows a structured, milestone-based governance framework, covering confidentiality, evaluation, development, and value-sharing.
• Innovations submitted through the platform may progress through laboratory studies, greenhouse and multi-location field trials, piloting, and—where appropriate—commercialization, supported by clear intellectual property and royalty frameworks.

Healthtech: GLP-1 Health Check to support safe monitoring for individuals using GLP-1–based weight loss & diabetes therapies

Thyrocare a healthcare diagnostics company, launched the GLP-1 Health Check—a set of comprehensive packages with up to 81 tests designed to monitor vital health parameters before, during and after GLP-1 therapy. Priced from INR2,799 and available across India, these packages aim to empower individuals and clinicians with accurate diagnostic insights at every stage of treatment.

Rahul Guha, MD & CEO, Thyrocare Technologies Ltd, said, “As GLP-1-based medicines become more widely used in India for weight management and diabetes, it’s important to accompany this trend with reliable diagnostic support. These therapies are powerful and effective when used responsibly, but they work best when combined with consistent monitoring. With this package, our goal is to make that process easier and more accessible for people across the country.”

Features

• Includes up to 81 tests to monitor metabolic, nutritional, liver, kidney, and thyroid parameters for individuals using GLP-1 medications.
• Designed to monitor lipid profile, fasting blood glucose, insulin fasting, HOMA insulin resistance index, liver function test and cardiac risk markers to see how well the medication is working.
• Recommended to check for kidney function before starting and during GLP-1 therapy to establish a baseline and rule out any side effects like dehydration or electrolyte imbalances.
• Some potential side effects require close monitoring – GLP-1 medicines substantially reduce appetite, which can result in nutritional deficiencies or anemia over time.
• Regular testing of vitamin D, vitamin B12 and hemoglobin levels helps ensure nutritional balance and overall well-being.
• In some cases GLP-1 therapy can cause pancreatitis and thyroid disorders. These packages therefore also include assessments for pancreatic health (amylase, lipase) and thyroid function (T3, T4, TSH).

Fintech: First PSU bank to on-board BLAZE in partnership with Financial Software & Systems

Financial Software and Systems (FSS), a company in payments technology, successfully deployed its Access Control Server (ACS), ATM Device Monitoring (ADM), Switch Infrastructure, and flagship FSS BLAZE™ powered Debit Card Management System (DCMS) at Punjab & Sind Bank.

Vishal Maru, Global Processing Head, FSS (Financial Software and Systems) said; “The success of this deployment with Punjab and Sind Bank, reaffirms our belief that technology modernization and customer trust can advance together, even within highly regulated and mission-critical environments. At a time when transaction volumes are surging and customer expectations are defined by instant experiences, banks need platforms that think ahead. BLAZE™ brings that intelligence to the core combining modular architecture, data-driven decisioning, and high throughput performance. For us at FSS, this is not about replacing legacy systems; it’s about reimagining how banks can innovate confidently, protect data sovereignty, and redefine reliability for the digital age.”

Features

• Quicker debit card issuance and activation, reducing waiting time for new or replacement cards
• Higher ATM and POS uptime, ensuring availability of cash and services round the clock
• Faster, frictionless transactions, even during peak usage hours
• Enhanced fraud prevention and compliance through real-time authentication and device monitoring
• Improved transaction throughput- The upgraded infrastructure is designed to process [500 transactions per second], ensuring stability and responsiveness even during surge periods like salary days and festive seasons

Fintech: A powerful new feature designed to simplify & unify personal finance management for every Indian

JioFinance app launched a powerful new feature designed to simplify and unify personal finance management for every Indian.

Surbhe S Sharma, Chief Executive Officer, Jio Finance Platform and Service Limited says, “With this new feature on the JioFinance app, we are taking a significant step towards our mission of making finances simple, transparent, intuitive and accessible for every Indian. By bringing a person’s financial life together on a unified, secure and insightful platform, we are empowering users to understand and manage their money effortlessly. We are committed to continuously enhancing the money management and optimizing capabilities of the JioFinance app, using advanced analytics & intelligence over time, which will empower the financial well-being of millions of Indians.”

Features

• Unified Financial Dashboard: It brings together all financial relationships—from loans and deposits within JioFinance to linked external accounts and investments—to provide a consolidated, real-time view of a user’s finances.
• Comprehensive Asset Tracking: Users can link and track bank accounts (CASA) for real-time balances and spending insights, as well as Mutual Funds, Equities, and ETFs for portfolio and performance analysis. Support for Fixed and Recurring Deposits is coming soon.
• Smart, Data-Driven Guidance: The platform offers AI-powered insights and personalized recommendations to help users make better financial decisions, moving beyond simple tracking.
• Empowering Users: This feature gives users a clearer understanding of their cash flow trends, expenses, and investments, helping them align day-to-day spending with long-term financial goals.