Capillary Technologies loses Rs 32.7 Cr in deepfake banking fraud at overseas unit

Bengaluru-based loyalty platform Capillary Technologies disclosed a deepfake-enabled fraud at an overseas subsidiary, losing ~Rs 32.7 crore (EUR 3M). It recovered ~Rs 4.9 crore, notified insurers and authorities, and said no customer data or operations were compromised.

— Filed Mon, 6 Jul, 2026, 17:13 IST · Source Entrackr · Updated

Bengaluru-based customer loyalty platform Capillary Technologies disclosed a deepfake-enabled banking fraud at an overseas subsidiary, losing ~Rs 32.7 crore. It recovered Rs 4.9 crore, notified insurers and authorities, and said no customer data or operations were compromised.

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