Company · IN · 8 documents
UPI transaction volume grew continuously over five years from 2,233 crore transactions in FY2020-21 to 18,585 crore transactions in FY2024-25.
India records over 40 billion UPI transactions annually, positioning it as a leader in fintech adoption.
Every 1% increase in gross digital transaction value (GDV) makes a positive contribution of about 0.14% to India's real GDP growth rate.
The study surveyed 450 active FinTech users across India to empirically validate a quadripartite integrated framework using PLS-SEM with 5,000 resampling iterations.
Digital lending platform adoption in India is projected to grow from 6 million users in 2021 to 60 million users by 2027.
Global fintech investment across M&A, PE, and VC reached $135.7 billion across 2,693 deals in 2019.
Private equity investments in India reached $26.3 billion across approximately 793 deals in 2018, making it the second-highest investment year of the last decade.
India's real GDP growth remained stable at 7.1% in FY 2017, primarily driven by growth in services and manufacturing.
