Siddharth Mehta IL&FS

India is a land of opportunities, with one of the fastest-growing economies in the world, India has witnessed tremendous growth in recent years. Start-ups and entrepreneurship have witnessed positive growth with the collaborative approach or the amalgamation of government initiatives.    Siddharth Mehta IL&FS former director and currently the CIO of Bay Capital believes that start-ups have a tremendous scope in India. Speaking to a renowned media house he said, “Looking at the trend of start-ups or fintech which has created a boom in the market, India has witnessed a strategic and profitability growth of start-ups.” Siddharth Mehta Bay capital believes that India has all the necessary factors or element that is suitable for any start-up leading to long-term growth and prosperity.    India is also known as the cultural and population hub of Asia, which offers a kind of ecosystem and native talent which is favorable for start-ups preferably fintech based on...

Siddharth Mehta IL&FS former director and founder of Bay Capital, has spoken on the on the Digitalisation and its growth in India. According to him it will grow more and more in the coming future. According to him the demonetization and pandemic have played an important role in bringing out the Fintech in the limelight. Demonetization and Pandemic has laid a great emphasis on cashless drive economy and the Fintech companies played a key role in this. “Digital transformation of India is accelerating and it is tend to grow 10x in 10 years from here, to achieve about $800 billion, resulting in many large business” said Siddharth Mehta founder and CIO of Bay Capital.   “Digitalization connects families” said Siddharth Mehta founder and CIO of Bay Capital.   We can understand this by; it is easy to transfer money among the family members any time in digital form rather than visiting the bank. Since he is the investor in digital India so he also advices other investors to i...

FinTech is one of the newest strategies because it is fueled by the quick uptake of innovative technologies in the financial sector, including automated financial systems, funding platforms, alternative lending, digital payments, and money transfers. Siddharth Mehta il&fs explains some of the key developments that have contributed to the expansion of the fintech industry in this article.     More effective - Traditional banks received automated services in addition to those that can speed up their daily operations. They also give their employees some free time to use for innovation, problem-solving, and banking strategies. These factors have assisted conventional banks in fully automating and making a name for themselves in the fintech market. Additionally, it contributes to a rise in productivity.  Read more here : https://www.latestly.com/agency-news/business-news-fintech-startups-are-the-new-unicorn-of-the-market-says-siddharth-mehta-5031718.html Cheaper - With n...