Consolidation looms among niche, smaller players, while the big names will likely see their already thin margins dwindle.
In a LinkedIn post a couple of weeks ago, Vijay Yadav put out what was half investment pitch and half desperate plea: “… I would like to put forward the request and proposal for the investment in it - to increase the net worth of the Company to Rs. 15,00,00,000/- (Fifteen Crore Rupees) in order to match the requirements of the Reserve Bank of India…”
Yadav is the co-founder of PayKun, a minor payment gateway startup based in Ahmedabad. His post pretty much sums up the state of most smaller payment processing startups in India. Many niche players are in …
Arti is a former writer at The Morning Context. She previously worked with publications such as ET Prime, VCCircle, Firstpost and EETimes. Arti has keenly tracked the evolution of financial technology in India and written some of the defining pieces on the ecosystem as it birthed and matured. Even when not writing about it, she loves to dissect the revenue models, margins and regulations that are shaping the sector.
artisingh@mailtmc.com