FinTech | Page 3

KreditBee is a Series-D funded entity, backed by Advent International, Premji Invest, Motilal Oswal Alternates, TPG-NewQuest, Mitsubishi UFJ Financial Group, ICICI Bank, and Mirae Asset Venture Investments

Its payments business is one of the largest, fastest growing and profitable businesses in India among non-banking players

His and the financial service provider's aim is clear: to forge partnerships with founders across categories, sectors and geographies, providing a blend of financial solutions and technical expertise to foster inclusive entrepreneurship

FY23 has been phenomenal for Bisht and the startup as its revenue surged 2.8X to INR 139 crore

The future of fintech in the current times seems to be a very bright and positive prospect, simply because of the size of the market that is yet to be penetrated. Avenues such as financing and insurance enjoy the fact that there has been a decent amount of growth with only a minor percentage of the market penetrated

Having faced events such as Demonetization, GST, IL&FS Crisis, and Covid-19, Lunia and the startup believe that in every crisis there is a hidden opportunity waiting to be capitalized upon

The company aims to broaden its range of products and expand its partnerships with enterprises in India and in Middle East and Southeast Asia

In its commitment to simplifying complex finance operations, especially electronic invoicing (as an official IRP, the company manages e-invoicing requirements across enterprise segments), Clear has expanded to the Middle East as well, particularly in the Gulf Cooperation Council (GCC)

Prior to his venture, Kumar worked with various banks and financial institutions, investing a significant portion of his time in the financial services space

The Switzerland-based VC firm invests at the earliest stages (from pre-seed to series A) in B2B SaaS companies, with a specific interest in fintech and the future of work.

Mukherjee is bullish on AI and is of the view that as AI technology evolves, its applications in fintech are expected to expand further, driving efficiency and enhancing decision-making capabilities

With the aim of focusing on handling payment-related difficulties, Mumbai-based SafexPay was founded in 2017 by Ravi Gupta.

Co-Founder and CEO of Paisabazaar shares some insights he gained while building PaisaBazaar that hopefully would help young entrepreneurs starting

With cutting-edge platforms like DeviceConnect, FinBox has facilitated over 10 billion credit decisions for large NBFCs and lenders.

Plum is the leading insurtech platform in India, offering more than 3500 organizations business insurance and group health insurance solutions. Additionally, it just unveiled "e-imburse," a digitally first approach to reimbursement claims.

The Indian arm will aim to bridge the gap between traditional frameworks and blockchain technology, empower businesses to thrive in a rapidly evolving Web 3.0 landscape, and ensure a balance between centralized government, decentralized economy, and users' interests

2023 was a pivotal one for the startup as it went from being a savings-focused neobank (helping couples save together for common goals) — to being a payments focused neobank for couples

Digital lending has been a catalyst in revolutionizing the financial landscape, reshaping perceptions, and forging a path towards a future that is more inclusive and efficient

For government and corporations, embracing AI is pivotal for staying competitive by securing financial systems and fostering innovation

Vijay Shekhar Sharma, Founder and CEO of One97 Communications, the parent firm of fintech major Paytm, says the company will focus on compliance as a primary approach, ahead of technology as it works to navigate its business model post the central bank's restrictions.

Nearly 60% of the total healthcare expenditure in India is borne out-of-pocket which drains the household of any future savings. 2024 will see the emergence of affordable health plans to address this issue for the missing middle of India.