Founder of Bay Capital, Siddharth Mehta Talking Point at BQ Prime

 

siddharth mehta bay capital

Know more at https://www.bqprime.com/in-the-news/talking-point-with-bay-capital-s-siddhartha-mehta


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Transformation of India as connected nation through digital technology: Siddharth Mehta

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Siddharth Mehta, Religare , former director shared a strong intuition about India where he says that India is one of the largest and fastest growing digital marketplaces because to its more than 500 million internet users. Additionally, there is a chance that by 2025, the nation will be "fully linked." The customer, small company, government, workforce, farmers, and other groups all benefit economically from this digital transition by creating huge opportunities. Adding to his concern about the progress of India in digitalization Siddharth Mehta , former director of Religare says, Digital transformation in India is rapidly growing its pace very few sectors are sluggish in adapting it. However, in the upcoming years, many industries can experience a proliferation of innovative digital business models. Digital communication services, electronics manufacturing, and IT and business process management (IT-BPM) are predicted to grow from $355 billion to $435 billion by 2025. ...
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Fintech Start-ups- The New Unicorn

  Siddharth Mehta IL&FS believes that Fintech are the new unicorn in the market. According to him these start-ups are expanding quickly. India being the seventh largest country in the world where on an average a person is spending 6 hrs/a day on internet and increase in demand for low cost smartphone. Fintech has changed the lifestyle of people the way it was. Now the people are using digital method of payment and banking also for wide variety of activities online. Siddharth Mehta IL&FS called the Fintech companies the new unicorn of the market. Life since outbreak of the pandemic is not same anymore and these Fintech companies, there are many like Paytym, LendingKart, PhonePe and many more have turned customer life from traditional to the digital one. It also have a tremendous impact on the finance sector of the economy. We can see there is a quick expansion of these Fintech companies in India. The government drive for the cashless economy and the pandemic they both h...
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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 ...
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