India’s Fintech Visionaries To Unite At ‘Startup Mahakumbh’ In Delhi

India’s largest anticipated startup event, Startup Mahakumbh will be held from March 18-20 in New Delhi. The event will bring together the brightest minds from diverse sectors for knowledge sharing, collaborations, and showcasing innovations. 

One such unifying stage will be the fintech pavilion, which will bring together the who’s who of the sector. The fintech pavilion will be led by industry stalwarts like Pramod Bhasin, founder of Genpact & Clix Capital Services and chairman of ICRIER; Siddarth Pai, founding partner, CFO & ESG officer at 3one4 Capital; and Sanjeev Kumar Gupta, CEO of Karnataka Digital Economy Mission. 

The pavilion promises to be a centre for groundbreaking ideas, transformative technologies, and insightful discussions on the future of Indian fintech. 

Startup Mahakumbh is organised by industry bodies ASSOCHAM, Nasscom, Bootstrap Foundation, TiE, and IVCA.

“Financial services represent one of the most attractive opportunities in India. But financial inclusion is still very low and that’s where the opportunities lie,” said Bhasin on India’s $1.3 Tn fintech market opportunity. 

He emphasised the crucial role the fintech sector plays in driving financial inclusion and economic growth as India undergoes digital transformation. The pavilion aims to connect startups, investors, and industry leaders to exchange ideas, forge partnerships, and shape the future of Indian fintech.

Reimagining The Financial Landscape

The fintech pavilion will showcase innovative solutions from startups across various sub-sectors. Attendees can also expect thought-provoking discussions and engaging sessions led by experts and leaders from Zerodha, Razorpay, Cashfree Payments and senior officials from Axis Bank and IDFC Bank. These sessions will delve into the latest trends, consumer lending, embedded finance, and technologies driving innovation within the Indian fintech sector.

While India’s fintech space has experienced significant highs and lows due to stricter regulations, Bhasin said he views it as a positive sign of a maturing industry. 

Acknowledging the Reserve Bank of India’s role in maintaining checks and balances, he highlighted the challenge of financial inclusion given the mix of formal and informal financing avenues. “Efforts to include the ‘new-to-credit’ population are crucial,” concluded Bhasin.