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The internet is booming in India and is poised for more growth as 5G rolls out across the world’s most populous nation. As of the start of this year, there were over 1.2 billion internet users in the country. By 2050, that’s projected to grow to more than 1.6 billion. ....
Lytus Technologies Holdings plans to spend $50m to expand its fintech offering into India over the next five years. The Nasdaq-listed firm will launch "AI-driven financial services and personalised solutions" as part of its move into India. Initially focused on cable and broadband sectors, Lytus CFO Shreyas Shah predicts Lytus "fintech products will . also offer its fintech services to businesses and individuals in rural parts of India to bridge the gap that currently exists in the traditional banking sector". ....
~Will invest 50 million dollars to expand their fintech service in India over the next 5 years~ Mumbai | New York, July 24, 2023 Â Nasdaq-listed Lytus Technologies Holdings PTV. Ltd. , a. ....