Axio, formerly Capital Float that was founded by Gaurav Hinduja and Sashank Rishyasringa, has carved a niche for itself as a digital finance company with its app having notched up 14 million downloads so far, , magazine 29 July 2023
The pandemic intensified the existing trend toward the demise of cash as a medium of exchange, with digital payment forms becoming the preferred choice for a growing segment of the population. Countries are experiencing varying degrees of success in doing away with their banknotes, as exemplified by India’s and Nigeria’s recent attempts.
Mumbai (Maharashtra) [India], January 25 (ANI/BusinessWire India): The signature event of Digital Lending Association of India- the annual DLAI conclave was held on Tuesday, January 24th amidst an august gathering of Digital lenders, Tech firms, Banks, NBFCs, Investors, Startups at the Taj Lands End, Mumbai. In its 5th edition, the DLAI Conclave 2023 saw large scale participation from over 600 delegates and over 400 leading Indian and International Fintech firms and other stakeholders from the industry. The theme of DLAI Conclave this year was 'Vision 2030: Role of Fintech in mobilizing the economy' keeping in line with the present state of the global economy. The morning session of the conclave started with the keynote address on 'A decade of digital lending and the road ahead' by Sashank Rishyasringa, Co-founder, axio and Founding Member and President DLAI. Sharing his views, he said, "Our focus at DLAI will be in three key areas, convening, empowerment and self-