E-commerce payments in India projected to cross $292 bn by 2028: Report

IANS | August 30, 2024 10:01 AM

New Delhi, Aug 30 (IANS) Led by growing consumer preference for online shopping and strong internet penetration, India’s e-commerce market value is set to increase at a compound annual growth rate (CAGR) of 18.7 per cent, from $147.3 billion this year to $292.3 billion in 2028, according to a new report.

Over 35 Indian fintech firms aiming for IPO in next few years: Report

IANS | August 29, 2024 5:12 PM

New Delhi, Aug 29 (IANS) Indian startups typically take 3.5 to 4 years to go public after reaching unicorn status but more than 35 mature fintech firms (valued at $500 million and above) are potentially looking for an initial public offering (IPO) in the next few years, a report said on Thursday.