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We were delighted to welcome 100+ Fintech enthusiasts at our recent ‘State of Fintech’ event alongside our friends at Eximius Ventures and The Product Folks in Bangalore last week. Sharing our key thoughts from an evening filled with engaging conversations including Miten Sampat Aakarsh Naidu Pearl Agarwal Anup Agrawal and Aditi Shrivastava. - Fintech continues to be a dominant force within the Indian startup ecosystem. Despite significant progress over the last decade, there remains ample opportunity to innovate, especially given the low credit and insurance penetration vs global benchmarks. A collaborative effort involving banks, fintechs and regulators is essential to develop new solutions and drive growth.   - Over the next 18-24 months, we believe there will be significant innovation in models enabling credit on UPI, AI-driven wealth management, and robust fintech infra layers powering superior and faster financial services. Another area we are bullish on are vertical fintech models which have seen successes globally. There is ample potential for such solutions to succeed in India and our investment in Turno is one such example   - Banks continue to develop their customer facing and back-end products but remain eager to collaborate with fintechs on a range of initiatives. It is critical for founders to appreciate the pace at which banks operate and account for this in their execution plans and timelines. - The RBI is actively fostering an environment to accelerate innovation by creating sandbox environments and establishing the RBI Innovation Hub, which operates independently to support the startup ecosystem. - Building a successful company in this sector requires demands a thorough understanding of the sector’s intricacies and regulatory environment, as well as the ability to form robust partnerships within the industry. Fintech is a complex and nuanced industry - to innovate and build successful companies, one has to be mindful of the market dynamics/partnerships required grow and scale as well as the evolving regulatory landscape. For founders building in this sector, at B Capital we are always eager to hear from you.

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