Siddharth Mehta talks about the digital transformation
Pandemic has a significant impact on the market and speeds up India's digital transformation. Over the past ten years, India has built up its digital infrastructure to the point where more than half of the population now engages in digital activity on a daily basis, helping it to overcome the challenges posed by its underdeveloped physical infrastructure. In India, everything is becoming more and more digitally driven, including bank accounts, Know Your Customer (KYC) processes, regular transactions, government and educational services, and even COVID vaccines. In order to put things in perspective, India will account for over 25 billion of the world's real-time payment transactions in 2020. With almost 16 billion transactions in 2020, China came in second. Read this also : https://www.moneycontrol.com/news/business/companies/policybazaar-com-ipo-in-12-15-months-parent-firm-gets-capital-boost-from-bay-capital-6600971.html In such a scenario, India may be seen as being on tr...