India FinTech: A USD 100 Billion Opportunity
Boston Consulting Group (BCG) in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI) undertook a study to size the value-creation potential and identify imperatives for India’s FinTech growth. India's FinTech industry is at the precipice of significant value creation. The industry's valuation is expected to reach USD 150-160 Bn by 2025, resulting in a USD 100 Bn value creation opportunity. As India’s FinTech landscape evolves, winning players will need to ‘master the core’ by creating a step-function improvement on their existing propositions through product innovation, user-experience elation or deep tech capabilities. India is also expected to see the emergence of ecosystem orchestrators and multinational FinTechs, making it a global FinTech powerhouse.