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India's Fintech Sector Secures $1.9B
January 14, 2025
|The Business Guardian
The Indian government's initiatives, such as the repeal of the 'angel tax' in July 2024, have been instrumental in fostering a conducive environment for fintech growth. This policy change aims to stimulate innovation and attract more investment into the country's burgeoning startup ecosystem.
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India's fintech sector has solidified its position as a global leader, securing $1.9 billion in funding in 2024.
Despite a 33% decline from the previous year's $2.8 billion, the country remains the third-largest recipient of fintech investments worldwide, following the United States and the United Kingdom.
The 33% decrease in 2024 funding reflects a broader slowdown in global fintech investments, influenced by factors such as economic uncertainties and geopolitical tensions.
هذه القصة من طبعة January 14, 2025 من The Business Guardian.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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المزيد من القصص من The Business Guardian
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