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The prevalence of fintech among Indian Youth.

 Paytm, Google Pay, PhonePe, Razorpay, CRED, and numerous others have turned into a fundamental piece of our life. These are all fintech otherwise called monetary innovation. Today everybody, even a child realizes what is Paytm and how can it respond. Siddharth Mehta Bay Capital CIO who is a notable financial backer, philanthropist, and monetary counsel likewise trusts that the prevalence of fintech has seen gigantic development with the progression of time. Fintech has seen prominent development over the course of the past ten years. The flare-up of the pandemic has driven individuals of India to embrace a computerized culture. Presently, fintech has turned into a fundamental piece of daily life. From covering bills to acquisition of product, most of the work has been taken over by fintech. India's childhood is educated, carefully versatile, and consistently inquisitive about new things, and it is one of the biggest nations of youth, which in a way opens up the entryways for fint

Siddharth Mehta’s views on AI and Fintech: A digital world

We can see tremendous growth in fintech in India. According to the reports of the Department for Promotion of Industry and Internal Trade (DPIIT), there are approximately more than 2000 fintech start-ups in India currently. What Siddharth Mehta IL&FS former director and CIO Bay Capital thinks about bringing AI with Fintech? Please scroll down to know more. According to media reports, Vijay Shekhar Sharma, the founder and CEO of Paytm, seems to be expressing his keen interest in bringing AI to his company to make it more efficient than before. According to him, there is a possibility that cutting-edge technology and the algorithms of AI will bring about a revolution in fintech. Siddharth Mehta, IL&FS's former director and CIO at Bay Capital, also believes that AI with fintech will bring the ultimate experience to the customer and will make digital reach simpler and more effective, which would be more sound and user-friendly. He perhaps added that it will make India’s e

Bay Capital’s CEO Siddharth Mehta Beliefs that Entrepreneurs has to Solve Unique Indian Problems in Indian Ways

Siddharth has 19 years of experience as a fund manager, managing and advising on Indian investments for large international institutional investors.  During this time, Siddharth has been crucial to the growth of a lucrative investing company. Through investments in publicly traded companies, Siddharth's own investment company, the Mumbai-based Bay Capital Partners, has quickly grown to become a significant investor in India's long-term structural growth.   When discussing his investment philosophy, Mr. Mehta states, "Our investment philosophy and approach is to buy and hold a concentrated portfolio of high-quality companies and allow them to deliver superior risk-adjusted compounding returns over an extended period of time.". He has a lot of hope for the rapidly expanding Indian economy and the digitalization. Mr. Siddharth Mehta bay capital   thinks that the country has reached a watershed moment because of how quickly the Indian economy is growing and succeeding. Ju

Functions of fintech that make it different from other businesses

 Finance and technology are combined to form the term "Fintech.". Any software, computer program, or other technological innovation that allows individuals or organizations to carry out financial transactions online or gain access to their accounts is referred to as such.    According to Siddharth Mehta, chief investment officer at Bay Capital, fintech has emerged over the past ten years as a tool for people to overcome financial obstacles and advance toward financial goals. As a result, consumers now rely on fintech for several tasks like banking, budgeting, investing, and lending in addition to its obvious everyday advantages.    Fintech applications come in a variety of shapes and operate in various ways. Using an app or service that takes a step to supplement or enhance such data, financial account data (such as transactions and account balances) may be securely unlocked.    For instance, according to Siddharth Mehta IL&FS , wealth and financial management software co

Traditional banking can be made simpler thanks to the Fintech revolution.

The provision of financial services to individuals and businesses is being rapidly altered by fintech, or financial technology. Financial technology, according to Siddharth Mehta, CIO of Bay Capital, refers to businesses—often start-ups—that are disrupting the financial services industry and provide a variety of financial services. According to KPMG's Fintech 100, the industries with the highest concentrations of fintech businesses are wealth and brokerage, lending and credit, and payments and transactions.   Other financial industries are also embracing fintech, such as blockchain, mortgages, and neo-banks. Digital native businesses, which can be legally operating with or without a current banking license, test the goods, services, and customer experiences of conventional banks and financial service providers. Siddharth Mehta of Bay Capital added. Growing financial technology presents both benefits and drawbacks for the banking industry. Siddharth Mehta IL&FS talks about the

The functions of fintech that make it different from other businesses

  intech is a combination of "finance" and "technology." Any software, computer program , or other technological device that enables people or businesses to execute financial transactions online or get access to their accounts is referred to as such.   In the past 10 years, as more individuals have used digital technologies, fintech has arisen as a tool for people to deal with financial challenges and move towards financial goals, according to Siddharth Mehta, Bay Capital CIO. As a result, consumers have come to rely on fintech in addition to its obvious everyday benefits for several activities such as banking, budgeting, investing, and lending.   Fintech apps exist in many different forms and work in different ways . Financial account data (such transactions and account balances) may be safely unlocked using an app or service that performs an action to supplement or enhance such data.   For instance, according to Siddharth Mehta IL&FS , wealth and financial ma

Digitalization has proven to be beneficial for the new educational system.

The change in education brought about by the epidemic era is quickly approaching in India. The widespread adoption of digital learning among students, academics, and parents is unquestionably the reason for this, so what awaits those involved in education? "Indian education has seen a fantastic leap and has become more digital," claims Siddharth Mehta il&fs . Education will change significantly over the next several years as a result of the actions that educators take in the digital sphere. A growing number of people in rural areas also want to attend college. The old system prevents many people from continuing their education, despite the fact that they always work hard to do so. Naturally, there is more pressure on the digital infrastructure to ensure that everyone has access to top-notch higher education. .    Technology has unquestionably revolutionized a wide range of operating fields, whether it be through the development of gadgets, faster communication channels,