CONNECT WITH US

Press Release

New Street Technologies Elevates Shrish Anand Lal to Executive Director as MiFiX.ai Expands Enterprise AI Business

StartupNews.fyi Editorial Team

Published

on

New Street Technologies Elevates Shrish Anand Lal to Executive Director as MiFiX.ai Expands Enterprise AI Business

New Street Technologies, the pioneering technology corporation behind the industry-leading enterprise artificial intelligence platform MiFiX.ai, has officially announced the elevation of Shrish Anand Lal to its Board of Directors as Executive Director. Shrish, who currently serves as the company's Chief Business Officer (CBO), was initially appointed as an Additional Director in July 2025 and has now been formally nominated to this expanded executive board-level role.

This high-profile leadership transition comes at a critical juncture as New Street Technologies accelerates the global commercial scaling of MiFiX.ai. The platform is designed to help complex, regulated organizations design, configure, and deploy high-integrity enterprise systems with accelerated speed, optimal operational efficiency, and strict institutional governance.

Driving Enterprise Transformation and Global GTM Strategy

Over the past four years, Shrish has been central to shaping the revenue trajectory, corporate partnership frameworks, and go-to-market (GTM) expansion of MiFiX.ai across the banking, financial services, and insurance (BFSI) sectors.

With an professional career spanning more than 25 years, Shrish’s professional arc includes senior leadership roles at some of India's largest and most respected institutional conglomerates—such as HDFC Life and the Tata Group—alongside deep experience building and scaling new-age fintech and deep-tech platforms across highly competitive global markets. In this expanded capacity, he will remain focused on steering MiFiX.ai's enterprise sales growth, international market footprints, and cross-border strategic alliances.

Technical Architecture of the MiFiX.ai Platform

Founded in 2017, New Street Technologies addresses a critical problem plaguing modern enterprises: the long, expensive, and risk-prone timelines traditionally required to build and deploy institutional software systems.

Key architectural and operational features of the MiFiX.ai platform include:

  • AI-Native Enterprise Design: Bypasses legacy coding constraints by shifting software generation from basic code compilation to real-time, AI-driven structural configuration models.

  • Rapid Deployment Timelines: Enables regulated enterprises to transition from initial business requirements to live production systems in days rather than months.

  • Banking-Grade Compliance and Control: Delivers built-in audit trails, data integrity baselines, and security frameworks designed specifically for highly scrutinized regulatory zones.

  • Cross-Industry Versatility: Supports high-volume operations across micro-lending networks, savings platforms, insurance underwriting, and diversified financial services.

  • Integrated Multi-Tech Ecosystems: Combines advanced artificial intelligence workflows with commercially proven blockchain infrastructure to guarantee end-to-end data validation.

Strategic Vision: From High-Growth Startup to Sustainable Scale

The board-level transition reflects New Street Technologies' evolution from a tech startup into a highly sustainable, globally recognized enterprise technology provider.

“Over the last few years, Shrish has demonstrated true leadership in his services to the New Street Group," stated Sajeev Viswanathan, Founder & CEO of New Street Technologies. "He has led the Business Development function with utmost professionalism, has been a key member of the Company's strategic think tank as we evolved from being a start-up to a sustainable scale business, and has demonstrated the passion required to build an organisation for lasting success. This elevation to the Board, while being a testimony to his contribution, also recognises his potential to fulfil his obligations as Director on the Board of the Company, to our Clients, Shareholders, and Employees alike.”

Acknowledging the new mandate and corporate milestones, Shrish Anand Lal, Executive Director & Chief Business Officer, added:

“I am grateful to the Directors and Shareholders who have trusted me with this responsibility. New Street has been built by an extraordinary team, and it is their talent and commitment that makes this company what it is today. From this position, my focus is clear: steer New Street to new heights, alongside the team that makes it possible. The best is ahead of us.”

Global Recognition and Market Footprint

Today, New Street Technologies serves an elite roster of marquee corporate clients within India and across prominent international markets. The enterprise has successfully deployed robust technology infrastructure capable of handling large-scale financial portfolios securely.

The company's continuous engineering breakthroughs have earned it significant global acclaim and industry awards, including:

  • Inclusion by the Financial Times in its definitive ranking of Asia Pacific’s fastest-growing fintech enterprises.

  • Direct industry recognition through the prestigious Deloitte Technology Fast 50 India program.

  • Securing the highly respected IBA Technology Award for excellence in financial sector infrastructure.

  • Winning the Aegis Graham Bell Award for pioneering innovation in data engineering and enterprise AI.

As organizations globally seek to integrate autonomous logic and rapid system updates without introducing architectural vulnerabilities, the expansion of the MiFiX.ai platform under an enhanced leadership team places New Street Technologies at the absolute forefront of the enterprise B2B software revolution.

About New Street Technologies

New Street Technologies Private Limited is a global enterprise technology company headquartered in the tech hub of Bengaluru, India. The corporation specializes in the design, development, and commercial deployment of AI-native platforms engineered to fundamentally accelerate how complex enterprise software is structured. Its flagship platform, MiFiX.ai, empowers large institutions to translate complex business needs into secure, live, banking-grade systems in days, ensuring complete compliance and high performance across the global financial ecosystem.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Google Preferred Source