The government late last year withdrew higher-value currency in an attempt to curb corruption and tax evasion, as also to encourage digital transactions in the economy. This helped fintech companies the most. But fintech companies donât just provide digital payment services but also offer wealth management and credit services, among others.
At the Mumbai edition of News Corp VCCircle Startup Summit in February, a panel of investors and entrepreneurs discussed how the segment can grow in a sustainable manner. The panellists were Adhil Shetty, founder and CEO, Bankbazaar.com; Sucharita Mukherjee, CEO, IFMR Holdings; Abheek Anand, principal, Sequoia Capital; and Archit Gupta, founder and CEO, ClearTax.in. The session was moderated by Vikram Chachra, founding partner, Eight Innovate.
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