"India has the third-highest number of fintech unicorns in the world, just behind the US and China. This shows that India is now a global leader in digital finance. The country has 25 unicorns, 37 minicorns (companies valued between $100 million and $1 billion), and 87 soonicorns (startups close to becoming unicorns, valued between $60 million and $100 million).

According to Sameer Mahandru, the fintech sector in India has come a long way, with many inspiring success stories. What started small has now grown at a fast pace.

There was a time when many people doubted the Digital India vision. But today, even those doubters are paying attention. Looking at the current growth, the future of fintech in India looks strong and is likely to change the way we think about finance.

Read More:- https://www.outlookindia.com/xhub/featured-insights/sameer-mahandru-on-the-worlds-fastest-growing-digital-finance-market

Sameer Mahandru on the Rapid Growth of Digital Finance

​Sameer Mahandru is an Indian entrepreneur and the Managing Director of IndoBevs, a company specializing in alcoholic beverages.