The Muthoot Group is not merely a financial services organization adopting technology; it is a financial institution operating with the depth, discipline, and engineering ambition of a full-fledged IT company. With nearly 900 technology professionals, in-house development of mission-critical platforms, real-time analytics, microservice-led architecture, and a culture where employees from any department can prototype AI solutions, Muthoot has quietly built one of the largest tech ecosystems in Indian finance. It is this rare combination of financial scale powered by IT-grade engineering that is redefining how a legacy brand stays ahead in a digital-first world.
When asked about the size of Muthoot’s technology team, Eapen explained that the answer depends on how broadly one defines ‘tech’. At the Muthoot Group, the core development team alone comprises more than 350 people. A product and support team, spread across the country and responsible for security and allied functions, adds another 500 personnel. The business analyst team, which translates business requirements into technology actions, contributes another 25-30 specialists.
In total, Muthoot’s technology ecosystem spans 850-900 people, reflecting the scale required to serve a workforce of 53,000 employees and millions of customers.
