Posts

Acceleration of fintech in India with the planning of AI regulation

Siddharth Mehta IL&FS former director and CIO of Bay Capital is a renowned investor, philanthropist, and financial investor. He is the founder of Bay Capital, an investment firm that has invested in the structural growth of India, on a long-term basis.   The acceleration of Fintech   SiddharthMehta bay capital often seems to express his views on fintech and digitalization. The boom and growth of fintech can be clearly seen in the recent time. Whether Paytm, GooglePay, Razorpay, or PhonePe, all the fintech companies seems to make tremendous progress in terms of growth and customer absorption. According to the reports, the average monthly transacting user of Paytm has gained a significant increase of 27%. This is also quite relatable in the cases of other fintech companies as well, however, there may be variation in the number.      The planning of AI regulation   Today, the only buzz around us is ChatGPT, an advanced chatbot that gives results in generative form. I

India's digitalization with ChatGPT, views of Siddharth Mehta

Siddharth Mehta IL&FS's former director and CIO of Bay Capital is a well-known investor, financial advisor, and philanthropist. He is the founder of Bay Capital, a company which has invested in the long-term structural growth of India.    According to the reports, Siddharth Mehta Bay Capital CIO while speaking to a renowned media house seemed expressing his views on India’s digitalization with ChatGPT. We all know the impact of this Open AI from the time it has launched. With just being 6 months old this technology is stopping nowhere around, as it is continuously improving. Although it’s a machine but behaves like a human and delivers human-oriented results. Ask anything to it and the answers or outcome is enough to surprise you. You will feel like you are having a communication with a human.    Siddharth Mehta IL&FS's former director and CIO of Bay Capital whose company Bay Capital has invested in India’s economy often talks about the digitalization in India. A

The future of Fintech with AI in India: An overview.

Financial technology, known as Fintech in short, is a leading industry in the financial sector today. Our daily activities seem incomplete without fintech. We are all well aware of Paytm, Google Pay, and all the rest. But what are Paytm and other UPIs, and how do they impact the population? To learn more, please scroll down. Need to pay bills or want to do any online transactions? You can just sit at home and do it using any UPI app such as Paytm, Google Pay, RazorPay, etc. The general lives of people have become more advanced with these fintech giants. Now, how does it impact the population? Its user-friendly experience allows customers to do all the activities with ease. People are turning tech-savvy by doing all their transactions online. Perhaps a sign of turning more digital in a personalised way. Siddharth Mehta IL&FS former director and the founder and CIO of Bay Capital, has also called fintech the evolving market giants. According to him, fintech has a tremendou