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The Future Of Fintech In India

Entrepreneur magazine

|

October 2023

GLOBALLY, ONE OF THE WAYS IN WHICH AN ESTABLISHED ENTERPRISE LOOKS AT INNOVATION IS TO WORK WITH STARTUPS.

- KRIS GOPALAKRISHNAN

The Future Of Fintech In India

India is probably the best place for startups to be in, for an entrepreneur to look at, because of the high growth. If we continue to grow at 6% to 8%, there will surely be no better place than India. I also believe that there is a possibility of collaboration or cooperation between established financial services entities or banks with the startups. Globally, one of the ways in which an established enterprise looks at innovation is to work with startups. And because they can wait till the startup goes up to a series B or C funding stage when most of the risk is reduced, they can also acquire them.

BANKS SHOULD TAKE THE LEAD

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