Tuesday, May 21, 2024

Protium Scoops DevOps Excellence Award at India’s 3rd Annual DevOps Show 2024: Spotlight on Innovative Fintech Security and Infrastructure Management

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Protium Triumphs DevOps Excellence in Infrastructure Management and Security Implementation at 3rd Annual India DevOps Show 2024

On the prestigious stage of the 3rd Annual India DevOps Show 2024 held in Bangalore on February 16th, Protium, a leading engineering-driven lending organization in India, was honored with the award for DevOps Excellence in Infrastructure Management and Security Implementation. This accolade is a testament to Protium’s commitment to excellence and innovation in the rapidly evolving fintech sector.

Since its inception in 2019, Protium has significantly expanded its operational footprint, now boasting more than 85 branches across over 70 cities and servicing more than 15,000 pin codes nationwide. With a portfolio that includes diverse financial solutions like Loans Against Property, Business Loans, Line of Credit, and Machinery & Equipment Finance, Protium has managed to facilitate disbursements surpassing INR 9,000 Crores, while nurturing a loan book that exceeds INR 5,000 Crores.

The recognition at the DevOps Show underscores Protium’s relentless pursuit of operational excellence through meticulous infrastructure management and stringent security practices. At the core of their winning strategy is a dynamic Engineering team dedicated to applying agile methodologies, which enables swift adaptation to the fintech landscape’s rapid changes. Protium employs sophisticated engineering practices, including SDLC (Software Development Life Cycle), Infrastructure as Code (IaC), and cloud-native scalable applications, ensuring the delivery of top-tier quality and facilitating prompt revisions and updates.

Another cornerstone of Protium’s strategy is its focus on efficiency and security, crucial components in the competitive fintech sector. The company employs innovative strategies for reducing operational costs and fortifying data security, demonstrating a proactive stance on safeguarding sensitive financial information against potential threats. By optimizing the use of cloud resources and demonstrating expert handling of AWS services, Protium ensures quick deployments, minimal service downtimes, and robust security protocols, effectively managing to scale its offerings to meet the demands of its growing customer base of over 1 million.

Looking ahead, Protium is poised to redefine the financial sector, blending youthful agility with acquired wisdom to advance financial equity and become one of India’s most respected finance companies. By continually investing in development and security excellence, Protium remains committed to delivering transformative financial solutions that fuel the ambitions of New India.

Hosted by Quantic India, a leading B2B business media company renowned for its expertise in organizing prestigious award ceremonies and conferences, the DevOps Show is a benchmark event that shines a spotlight on exceptional achievements in industries like BFSI and Technology. Quantic India’s extensive experience in business media events has garnered international recognition for its proficiency and innovation.

About Protium: Founded in 2019 and based in Mumbai, Protium is at the forefront of providing transformative financial solutions specifically designed to empower the Micro, Small, and Medium Enterprises (MSMEs) of India. With a robust presence across the nation through more than 85 branches in over 65 cities, Protium is dedicated to delivering exceptional customer experiences while maintaining a strong focus on risk management and profitability. Having disbursed more than INR 9,000 Cr through its diverse product range, Protium remains a key player in India’s lending landscape with a continuously growing asset under management (AUM) of approximately INR 5,000 Crores.

Alexandra Bennett
Alexandra Bennetthttps://www.businessorbital.com/
Alexandra Bennett is a seasoned business journalist with over a decade of experience covering the global economy, finance, and corporate strategies. With a Bachelor's degree in Economics and a Master's in Business Journalism from Columbia University, Alexandra has built a reputation for her insightful analysis and ability to break down complex economic trends into understandable narratives. Prior to joining our team, she worked for major financial publications in New York and London. Alexandra specializes in mergers and acquisitions, market trends, and economic

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