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India's BankTech sector expected to attract USD 1 billion investment by 2027: Cedar-IBSi Capital

Times of India LogoTimes of India2d ago

India's BankTech sector expected to attract USD 1 billion investment by 2027: Cedar-IBSi Capital - Times of India

Quick Summary:

Venture capital fund Cedar-IBSi Capital forecasts USD 1 billion investment in India's BankTech sector by 2027, highlighting its role in achieving a USD 7 trillion GDP target by 2030.

Founder Sahil Anand underscores digital transformation in banking, emphasizing technology's impact on financial inclusion.

The fund plans to back 10–15 early-stage startups within this transformative sector.

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India's BankTech sector expected to attract USD 1 billion investment by 2027: Cedar-IBSi Capital - Times of India (Picture 1)

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-30 @ 17:56:59 (2 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 27434944

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 30 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 55 minutes ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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  • URL: https://beamstart.com/news/indias-banktech-sector-expected-to-17433310772397

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