Why VCs are hitting reset on Indian fintech

After nearly a decade of unparalleled growth, the country’s fintech businesses are finding it hard to justify their hefty valuations and build profitable businesses.

21 January, 202413 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

Out to list, Pine Labs is a hardware business pretending to be a fintech

Its core POS machine business is small and growing slowly, and the company has done little else to justify its high valuation.

Business
Story image

Can a universal bank licence revive Jana Small Finance Bank’s stock?

Turning into a full-service bank could help the Bengaluru-based niche lender unlock its share value, but the transition will come with its own set of challenges.

Internet
Story image

Peak XV Partners should win the record outcome test with Pine Labs

Finally, this question will be answered. Who has returned the most amount of capital on any venture investment in India in the last two decades?