cams and Indian Institute of Technology Madras signed a Memorandum of Understanding on August 12, 2026, to expand the CAMS IIT Madras FinTech Innovation Lab (CIFIL), aiming to accelerate next-generation financial technology solutions through deeper industry-academia collaboration. The renewed partnership extends the lab’s mandate beyond its initial 2022 establishment, focusing on emerging areas such as artificial intelligence in financial services, digital payments, blockchain, tokenisation, cybersecurity, Regulatory Technology, WealthTech, InsurTech, digital lending, data analytics, and financial inclusion.

The agreement was signed at the IIT Madras campus by leadership teams from both organisations. Anuj Kumar, Managing Director at Computer Age Management Services Limited, stated that the lab creates an intersection between industry experience and academic exploration, fostering an environment where bold ideas can be shaped into solutions creating long-term value for the financial services ecosystem. The partnership aims to strengthen India’s rapidly evolving digital financial ecosystem by combining CAMS’ expertise in financial technology with IIT Madras’ academic and research capabilities.

Key Focus Areas

The expanded CIFIL will concentrate on several strategic pillars to drive innovation in the Banking, Financial Markets, and Financial Services (BFSI) sector:

Prof V Kamakoti, Director of IIT Madras, noted that the partnership leverages the institute’s research excellence and CAMS’ deep industry expertise to build cutting-edge fintech solutions for Bharat’s financial ecosystem. Prof M. Thenmozhi, Head of the CAMS IITM Fintech Innovation Lab and Professor at the Department of Management Studies, IIT Madras, stated that the vision is to emerge as a global centre for innovation and research in FinTech, co-creating solutions for unsolved problems in the sector.

Professional Education and Industry Collaboration

CIFIL is expanding its talent development initiatives through professional education programmes designed for working professionals, entrepreneurs, researchers, students, and aspiring fintech leaders. These include the Professional Certificate Programme in FinTech and the Certificate Programme in Personal Financial Planning. Participants who successfully complete the Professional Certificate Programme in FinTech and meet academic requirements will receive a certificate from CODE, IIT Madras, through CIFIL. The programmes provide exposure to emerging technologies, industry use cases, and evolving financial services models.

For industry partners, the lab offers a platform to collaborate with IIT Madras faculty and researchers on business and technology challenges, evaluate emerging technologies, develop proofs-of-concept, and undertake applied research. It also facilitates interaction between industry, academia, startups, regulators, and other stakeholders in the financial ecosystem.

What the Numbers Show

Since its inception in 2022, CIFIL has supported multiple fintech research projects, conducted national hackathons with industry participation, mentored startups through incubation and pre-incubation initiatives, and developed executive education programmes. The lab has established collaborations with banks, regulators, and industry partners, contributing to innovation across digital payments, AI, blockchain, cybersecurity, and wealth management. This track record demonstrates a sustained commitment to bridging the gap between academic research and practical financial service applications, positioning the lab as a key driver in India’s fintech evolution.

Computer Age Management Services cams has completed the acquisition of the first tranche of balance sale equity shares in Think Analytics India Private Limited from its founders, strengthening its control over the subsidiary. The deal was executed for a consideration of ₹17.73 crore, resulting in CAMS’s stake in Think Analytics rising to 77.70%. The acquisition aligns with the company’s strategy to consolidate its ownership in key technology assets.

The transaction was carried out in accordance with the terms of the Shareholders Agreement between CAMS and the founders of Think Analytics. This step follows previous disclosures made by the company regarding the proposed acquisition. CAMS had earlier informed investors about the planned buyout through communications dated May 4, 2026, and August 3, 2026, which were filed as outcomes of Board Meetings.

Transaction Details

The acquisition represents a significant milestone in CAMS’s integration of Think Analytics. By acquiring this initial tranche, the company has moved closer to full ownership, which may streamline decision-making and operational alignment between the two entities. The remaining shares held by the founders are expected to be acquired in subsequent tranches as per the agreed timeline.

Regulatory Compliance

CAMS has complied with all regulatory requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company issued an update pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, to inform stakeholders of the completion of the acquisition. Detailed disclosures were previously submitted to the stock exchanges in line with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The intimation regarding the acquisition is available on the company’s website at https://www.camsonline.com/ . The Company Secretary and Compliance Officer, G Manikandan, signed off on the disclosure, ensuring adherence to compliance standards.