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adani: View: Can Gautam Adani win India with an app?

The mobile app will connect passengers at Adanis network of airports with other services offered by his group, the FT said. That could be the easiest way to build up downloads. Adani runs seven Indian airports, and is currently building a new terminal and runway for Mumbais second facility. Overall, 20% of the nations aviation traffic goes through him. ....

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Banks need an answer to the pervasiveness of fintech in India

Visit a mid-sized store in an Indian city, and you would wonder if it exists to make any money. It might just as well be there to process transactions for half-a-dozen payment apps: PhonePe, Paytm, Google Pay, BharatPe, Amazon Pay and MobiKwik. Add up the merchants who have downloaded the digital services and the figure quickly reaches 80 million.
One-third of India’s 60 million-plus small businesses are using an average of four different platforms, said Raman Khanduja, chief executive officer of Mintoak, a Mumbai-based fintech.
“The neighborhood shopkeepers’ bandwidth is getting sucked into accepting money,” he says. “When do they run their ....

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Banks need an answer to the pervasiveness of fintech in India

Visit a mid-sized store in an Indian city, and you would wonder if it exists to make any money. It might just as well be there to process transactions for half-a-dozen payment apps: PhonePe, Paytm, Google Pay, BharatPe, Amazon Pay and MobiKwik. Add up the merchants who have downloaded the digital services and the figure quickly reaches 80 million.
One-third of India’s 60 million-plus small businesses are using an average of four different platforms, said Raman Khanduja, chief executive officer of Mintoak, a Mumbai-based fintech.
“The neighborhood shopkeepers’ bandwidth is getting sucked into accepting money,” he says. “When do they run their ....

Andy Mukherjee Bloomberg , Mukesh Ambani Jiomart , Raman Khanduja , Bank Ltd , Square Inc , Alphabet Inc Google Pay , Block Inc , United Standard Chartered , Unilever Plc , Visa Inc , Andy Mukherjee , Google Pay , Amazon Pay , Unified Payments , Unified Payments Interface , Alphabet Inc , Walmart Inc Owned Phonepe , State Bank , Middle East , Mukesh Ambani , The Taipei Times ,