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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Editor's note: There has been a subtle shift in the colour of investments in the Indian fintech industry over the past two years. While venture capital continues to dominate the landscape, global financial giants and fintechs are investing in Indian fintechs or have announced their own entry into the market in some fashion. At the same time, Indian fintechs are expanding abroad either organically or through strategic partnerships. The reason for this global play is twofold. First, global companies want to piggyback on the success of a few Indian fintechs. Second, some of them want to launch in India and grab a share of the estimated $31 billion fintech market while it's still easy to do so. “Against 336 listed companies with a ~US$1 billion market capitalization, there are now 100 unicorns in India with a combined market capitalization of US$240 billion,” says a Credit Suisse release from March this year. Earlier this week, Australian buy-now-pay-later firm Zip Co. announced a $50 million investment in ZestMoney, a home-grown BNPL player. With India’s BNPL market estimated to grow to $300 billion by 2026, …
Editor's note: There has been a subtle shift in the colour of investments in the Indian fintech industry over the past two years. While venture capital continues to dominate the landscape, global financial giants and fintechs are investing in Indian fintechs or have announced their own entry into the market in some fashion. At the same time, Indian fintechs are expanding abroad either organically or through strategic partnerships. The reason for this global play is twofold. First, global companies want to piggyback on the success of a few Indian fintechs. Second, some of them want to launch in India and grab a share of the estimated $31 billion fintech market while it's still easy to do so. “Against 336 listed companies with a ~US$1 billion market capitalization, there are now 100 unicorns in India with a combined market capitalization of US$240 billion,” says a Credit Suisse release from March this year. Earlier this week, Australian buy-now-pay-later firm Zip Co. announced a $50 million investment in ZestMoney, a home-grown BNPL player. With India’s BNPL market estimated to grow to $300 billion by 2026, …
The fintech is gearing up to go public at a $5-6 billion valuation. Much like beauty, value lies in the eyes of the beholder, but public markets are rightly cross at obscene startup valuations.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
The fintech is gearing up to go public at a $5-6 billion valuation. Much like beauty, value lies in the eyes of the beholder, but public markets are rightly cross at obscene startup valuations.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
