Siddharth Mehta of Bay Capital shares about the Digital Transformation of India

Siddharth Mehta founder and CIO of Bay Capital and former director of IL&FS said that "The digital transformation of India is just barely speeding up, and we accept the internet economy could develop 10x in a long time from here on (to get to more than USD 800 billion), bringing about numerous huge organizations accumulating critical investor riches. The nature and state of the Indian economy and financial markets will be totally different in 2030 than they are today."

Over the most recent 20 years, technology has jumped essentially and digital has turned into a piece of our regular routines. As time passes, shopper mindfulness and reliance on the internet is just expanding and this has prompted a fast decrease in client obtaining costs and expanded the general Life Time Worth of the client for digital businesses.

 


 

Read the full article here https://www.issuewire.com/the-digital-transformation-of-india-is-only-just-accelerating-1738216567232552

 

Comments

Post a Comment

Popular posts from this blog

Digitalization speeds up the business growth and help erase competition

Image
Digitalization has evolved into a crucial instrument for company success all around the world. It entails automating the marketing processes and order processing that are completely supported by digital technology, which boosts organizational effectiveness, says Siddharth Mehta of Bay Capital . The use of digital technology causes the corporate environment to change from analog to digital. Therefore, the businesses may store data on the cloud rather than on storage devices without worrying about data silos. This will provide the company a competitive edge over its industry rivals. Through computing, all company data in the cloud not only allows automatic data backups and data loss prevention but also fosters teamwork and improved performance.  The corporate environment is modernized and given a fresh perspective via digitalization; Siddharth Mehta of Bay Capital added. Customer behavior and purchasing patterns have dramatically altered with the passage of time. Every company w
Read more

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
Read more

Digital payments driving India towards cashless economy

Image
In the last few years India has taken some eventful steps for the whole nation aimed at the greater good of the economy, such as demonetisation and Aadhaar registration. The basis for this was always working towards a ‘cashless society’ and we zoomed ahead towards that goal during a global health catastrophe – Covid-19. The pandemic which brought about social distancing, lockdowns and a hyper-dependency on digital media and digital payments. Since the late 20th century, India has been slowly but steadily moving towards cashless economy with ATMS, MICR, debit cards, credit cards. Today, you have mobile wallets, recharge vouchers, UPI, NFC payments, QR codes etc. Come to think of it, India has performed really well on the digital adoption front.   According to a PwC report, India has witnessed a steep growth in digital transactions, almost to the tune of 48 billion transactions only in year 2020, despite the pandemic (or should we say, because of the pandemic)! You can do ev
Read more