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India Digest: Vegapay, DiFACTO Robotics raise funding - Vimarsana News

India Digest: Vegapay, DiFACTO Robotics raise funding

Vegapay has raised $5.5 million in seed funding, while DiFACTO Robotics and Automation has raised about $4.8 million in its Series A round.

fintech startups: Elevation Capital says fintech companies building tailored products are finding takers - Vimarsana News

fintech startups: Elevation Capital says fintech companies building tailored products are finding takers

Despite regulatory challenges imposing higher governance costs, procedural delays and hurdles in establishing partnerships with banks for fintech firms, such actions serve as a runway for them to build a scalable platform in the long run, said senior partners at early-stage venture capital investor firm Elevation Capital.

Decoding India's $720 Bn+ Consumer Lending Opportunity - Vimarsana News

Decoding India's $720 Bn+ Consumer Lending Opportunity

Growing at a robust 22% CAGR, the digital consumer lending market is poised to nearly triple in size by 2030.

Source: inc42.com
India's fintech ecosystem to reach $70 bn in annual revenue by FY30 - Vimarsana News

India's fintech ecosystem to reach $70 bn in annual revenue by FY30

New Delhi: India’s fintech ecosystem, the third-largest globally, is expected to reach a scale of $70 billion in annual revenue by FY30, accounting for

Source: siasat.com
Fintech accounts for 3 per cent India's financial services revenue pool, to clock $70 bn revenue by FY30 - Vimarsana News

Fintech accounts for 3 per cent India's financial services revenue pool, to clock $70 bn revenue by FY30

Report says this is because of rapidly growing digital population, widespread digital banking adoption, robust public infrastructure, and a favourable regulatory environment