“What’s happening in India fintech over the next 5 years is a proxy for what will happen in the rest of the world. EMVC is something fresh in the market: Truly cross-cultural and will help early-stage founders achieve growth here and global reach.”
— Sampad Swain, Founder & CEO @ Instamojo
We are investors, entrepreneurs, and business leaders with experience in India, the U.S., and internationally across payments, insurance, banking, asset management, consumer & cloud technology, credit, distributed ledger technology and blockchain, and cross-border strategy.
We are passionate about fintech and the billions of lives that benefit from local innovation and global collaboration.
Recent News & Industry Updates
“As this digital transformation unfolds, it will create significant economic value for consumers, businesses, microenterprises, farmers, government, workers, and investors - particularly in newly digitized sectors like financial services,” says the recently released report.
The well-attended talk centered around how global entrants and new startups can participate in India’s booming credit landscape targeting both small businesses and consumers, as well as the nuances of the business including approval rates, credit underwriting, and merchant acquisition.
A recent report from Omidyar Network and McKinsey highlights that “digital lending to MSMEs is projected to increase between 10 and 15 times by 2023, to between $80-100 billion in annual disbursements. Combined with a largely level playing field in India, without dominant incumbents, a range of entrants and business models can be successful in tapping that market.”
“… the financial sectors of countries across South and Southeast Asia, Latin America, and Africa are primed to leverage new Blockchain-based payments and commerce platforms over high cost and often-inconvenient legacy banking systems just as they went straight to mobile phones, leapfrogging home telephone lines.”
Like nearly 900 million people in India, Devi has never used a smartphone or accessed the internet. The race to bring those millions online, adding to more than 500 million Indians already connected to the internet, is being contested by the biggest global names in tech. And they're shaping the future of the internet in the process.
In conversation with PayU India CEO Rau and Medici CIO Goel, Frakman shared examples of the investments and ideas which propel EMVC’s work in empowering Indian entrepreneurs with capital, strategy, and global connectivity to drive exponential scale and leapfrog innovation.
In Q3 2018, the number of internet users in India will reach 500 million — more than the full populations of the United States, Mexico, and Canada combined. (IAMAI and Kantar IMRB)
The Chairman and CEO of Dell Technologies said that he gets inspired by what the country is doing to transform its society and economy.
India’s UPI “opens up access to real-time by allowing payments to be directly integrated into external business applications.”