Tata Communications Completes Stake Sale of TCPSL to TSI
March 03, 2025: Tata Communications has officially completed the divestment of its wholly owned subsidiary, Tata Communications Payment Solutions Limited (TCPSL), to Transaction Solutions International (India) Pvt Ltd (TSI), the Indian arm of Australian fintech giant Findi.
The deal was part of Tata Communications’ strategic realignment, aimed at focusing on high-growth areas such as network, cloud, cybersecurity, IoT, interactions, and media services. By offloading TCPSL, Tata Communications seeks to sharpen its core capabilities and maximize value creation.
The transaction was subject to regulatory and other necessary approvals, including a no-objection certificate from the Reserve Bank of India (RBI), which has now been obtained, facilitating the successful completion of the sale.
This deal marks a significant shift in Tata Communications’ business strategy, aligning it more closely with its core technological and digital infrastructure services. The acquisition of TCPSL by TSI is expected to bolster its footprint in the Indian digital payments ecosystem, leveraging Findi’s expertise in financial services and fintech innovations.
Industry analysts view this transaction as a strategic win-win, allowing Tata Communications to redirect resources toward high-margin businesses while enabling TSI to strengthen its position in India’s fast-growing digital payments sector.
With this successful sale, Tata Communications is poised to continue its expansion into future-forward technologies, while TSI is set to enhance its digital payments offerings in one of the world’s largest and fastest-growing markets.
Sahil Aggarwal
Views Today (Editor-in-Chief)
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