FinTech Summit held at the 28th Convergence India and 6th Smart Cities India 2021 Expo Features Industry Experts and Cutting-Edge Knowledge Transfers

• India’s Leading Technology & Infrastructure expo marked a successful Day 1.

• Multiple Sessions at the Fintech Summit included ‘India’s Leading Fintech Landscape’, ‘The Future of Digital Lending in India’, 'The Outlook for InsureTech’ and many more.

With a view to accelerate nation building, the 28^th Convergence India and 6^th Smart Cities India expo 2021, India’s largest technology and infrastructure expo, is back with live and in-person networking again. The expo, being organized by Exhibitions India Group (EIG) and the India Trade Promotion Organization (ITPO), is scheduled from 24^th to 26^th March 2021 at Pragati Maidan, New Delhi, and is all set to revive growth and unlock business opportunities for all industry leaders and veterans.

In 2020, the Fintech sector witnessed unprecedented growth in terms of both users and transaction volumes, owing to global lockdowns. 2021 is expected to be another great year for this sector, but with more innovations and action involved. A day-long Fintech Summit, held digitally, brought together experts from across the Fintech community to share and discuss the profound impact of Fintech on the global economy, daily life, and society under the concept of inclusion.

Stressing on the importance of the growth of the Fintech industry, Mr. Alekh Tiwari, Partner, KPMG in India, said, “If I try to put the perspective of the Fintech Industry in terms of numbers, India has seized close to 10$ billion of investments in the Fintech space. Considering the unicorns of the country, one third of the startups are from the Fintech space.”

At the Fintech Summit, during the session on ‘India’s Leading Fintech Landscape’, Mr. Naveen Kukreja, Co-founder and CEO, Paisabazaar.com, explained that, “Increasing digitalisation, expanding distribution, making it easier for newer people/enterprises to enter and innovate, enhanced governance, and better capital & infrastructure, are few of the key things to drive the future growth of the Fintech Industry.”

Mr. Abhishek Arun, COO, PayTm Payments Banks, during a session on, ‘Redefining the Payments Infrastructure’ shared his experience by adding, “We were lucky that we were early in the financial payments stage and we were able to build a larger ecosystem around payments, commerce both online and offline, and financial services. With this combination the customer, remained the same but the scope of the transactions spread across multiple business lines.”

The organizers of the expo are committed to providing all stakeholders a safe and seamless business networking experience, with the health of all the participants and visitors being the topmost priority. All safety regulations and SOPs have been strictly adhered to, including contactless registration, real-time monitoring of capacity flows, regular sanitation, on-site medical facilities and adequate social distancing.

Convergence India provides a platform to promote ‘Brand India’, and extend the impact of 'Make in India' and 'Digital India' campaigns globally with the digital transformations, with the aim of connecting the unconnected being the underlying core. On the other hand, the Smart Cities India expo is designed to bring together city leaders and administrators from Indian smart cities, international organizations, academic institutions, and leading private companies, with a view to establish India as a Knowledge Hub on the global stage.

In an endeavour to make up for a year of missed business opportunities, the expo featured showcase and conversations on the symbiosis of technologies and innovations from a vast array of topics, including telecom & mobile industries, information technology & security, broadcast & digital media, public-private partnerships, urban planning practices, and policy change. The platform aims to helps businesses scale new heights, in turn influencing the digital transformation and the sustainability curve.

About Exhibitions India Group

Exhibitions India Group (EIG) is a trade promotion organization creating opportunities for investments, joint ventures and technology transfers. EIG acts as an interface between businesses, government, academia, society, media, etc. EIG has been in existence since 1987 and is committed to providing satisfaction to its customers by organizing quality and focused international trade shows through exceptional services, employee involvement, market intelligence and continual improvement.

For more information, please visit: www.exhibitionsindia.com.

For further information, please contact:

Aishwarya Sinha | Mob: +91 81303 16306 | Email: aishwaryas@eigroup.in

To know more, visit: www.convergenceindia.org. & www.smartcitiesindia.com.

Register for the Virtual expo & Conference: www.convergenceindia.org/eiexpolive.aspx.