India’s fintech ecosystem got a head start with the surprise move by the government to ban INR 500 and INR 1,000 currency notes in 2016. In a first, the fintech startup ecosystem in India received a much-needed push in 2017 after the announcement of demonetisation by the government in November the previous year. Overall, the report showcases the milestones achieved by fintech startups in India so far and underlines how a proactive approach by the government and build standards to pave way for Indian startups to scale globally.
