Rebranding and Strategic Shift
SettleMint India announced that it will operate under the new name Quadcentrix, reflecting a transition from a pure blockchain technology specialist to a full‑spectrum enterprise digital solutions provider covering artificial intelligence (AI), data analytics and related emerging technologies.
Company Profile
Founded in 2019, Quadcentrix has accumulated more than six years of experience delivering enterprise technology infrastructure. To date it has served over 20 enterprise clients in five countries, with engagements spanning Banking & Financial Services (BFSI), Government & Public Sector, Capital Markets, Agritech and Healthcare & Life Sciences.
Market Landscape
India’s enterprise AI market is projected by Fortune Business Insights to increase from roughly USD 13 billion in 2025 to more than USD 130 billion by 2032. According to IBM’s Global AI Adoption Index, 59 % of large Indian enterprises already have AI actively deployed, the highest share among surveyed nations.
Growth Objectives
Quadcentrix intends to achieve double‑digit revenue growth in the first year of the rebranded entity by leveraging the rapid expansion of AI adoption and the demand for integrated solutions that combine data, AI and blockchain‑based trust.
Leadership Commentary
CEO Shahzad Fatmi stated that the market has outpaced traditional vendor categories and that clients now approach the firm with business challenges that span data, AI and trust rather than isolated blockchain problems. He added that the rebrand will not alter any existing client contracts, ownership structures or the teams currently delivering engagements.
Implementation Timeline
The new brand identity will be rolled out across Quadcentrix’s digital platforms, client communications and business materials over the coming weeks. Further information on services and solutions is available at www.quadcentrix.com.