02-April-2025
Banking
 
BankTech investment projected to hit $1 bn by 2027 end: Cedar-IBSi Capital
31-Mar-2025

Venture capital fund Cedar-IBSi Capital on Sunday said investment in the country's BankTech sector is projected to reach $1 billion by the end of 2027. It said as the country is progressing towards achieving its gross domestic product target of $7 trillion by 2030, the banking sector will be a key driver for pushing the economic growth. "Investment in India's BankTech sector is projected to reach $1 billion by the end of 2027," the company said.

News Source:- https://www.business-standard.com/industry/banking/banktech-investment-projected-to-hit-1-bn-by-2027-end-cedar-ibsi-capital-125033000305_1.html