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Indian fintech takes an upward curve

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Mobility Energy and Transportation

Financial Services

Indian fintech takes an upward curve

06 Jul 2021

1 min read
A fintech revolution is sweeping India. Recent research from the Boston Consulting Group (BCG) and the Federation of Indian Chambers of Commerce & Industry (FICCI) has found that nearly two-thirds of the 2100+ fintech companies in the country came into being in the last five years. Government policy, regulatory support, rapidly growing smartphone penetration, and a robust talent ecosystem from India’s legacy as an IT services hub have all contributed to where Indian fintech stands today - an extremely promising emerging market with a predicted sector evaluation of USD 150-160 billion by 2025.

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Indian fintech takes an upward curve | PraxisGA