Fintech start-ups in the country has seen a large growth in recent times in India. At a time when the government has been aggressively pushing for digital payments and bringing into a formal ID system, increased funding and tax reliefs have pushed such start-ups. There are currently 72 start-ups …
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How India’s Demonetisation is affecting its start-ups
On November 8, Prime Minister Narendra Modi made a televised announcement on the government’s decision to withdraw 500 and 1000 rupee notes that were in circulation in the Indian economy. This huge gamble on notes that accounted for 86% of the value of currency in circulation left a majority of c…
Currency Ban Impact | Start-ups encouraging online transactions, gaining new customers
Even if temporary, markets wore a deserted look today across India as high value cash in hand became just a paper overnight for Indian citizens. Modi’s surgical strike on black money has had an impact on traders and parallel economy who used to deal only in cash, especially in India’s…
India bills payment transaction volume expected to reach INR 9.4 trillion by 2020 | Ken Research
Ken Research announced its latest publication on “India Bills Payment Market Outlook to 2020-Rising Internet Penetration and Advent of Mobile Wallet to Shape Future Growth” which provides a comprehensive analysis of the bills payment market in India. The report covers various aspects such as mark…
India Bills Payment market is expected to reach INR 9.4 trillion by 2020 | Ken Research
Future Growth of India Bills Payment Market is expected to be led by rising internet and Smartphone penetration, followed by emergence of mobile wallet and surging trend of online bills payment in India. The mobile bills payment, market leader Airtel is expected to maintain its dominant position …