Siddharth Mehta, founder of Bay Capital says Bay Capital which manages money on behalf of institutions and endowments from the US and Europe, has infused an undisclosed sum into PB Fintech.
She underlined the dilemmas faced by Emerging Markets and Developing Economies (EMDEs) between climate security and growth as they manage overlapping crises and socio-economic transformation.
Digital India is a government initiative that aims to transform India into a digitally empowered society and knowledge economy. While the initiative has made significant progress in expanding access to digital technologies, there is a significant gap between the use of technology and the necessary tech skills in the country. On the one hand, India…
The Indian health insurance sector is experiencing a powerful transformation driven by technological advancements and regulatory policies. Health insurers strive to adopt the latest technologies to be future-ready and achieve long-term efficiency. The ultimate goal...
India’s internet economy could grow 10-fold over the next decade. The digital ecosystem has provided businesses with opportunities for unique customer engagements, customer acquisition and developing highly personalised customer experiences.
The Indian agricultural industry is one of the leading players in the global market. It has grown significantly over the period of time and technology has a vital role to play in this rapid development....
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Siddharth Mehta, Bay Capital CIO and founder claims there has been a "marked slowdown in the pace of deal-making in the market." Mehta shares a few important hints for the youthful business visionaries are wanting to put resources into their new companies.
Bay Capital, which manages money on behalf of institutions and endowments from the US and the Europe, has infused an undisclosed sum into the parent company PB Fintech of Policybazaar.Com. Get more Markets News and Business News on Zee Business.
Cricketing legend Kapil Dev, alongside Siddharth Mehta Bay Capital CIO & Founder and others, has put $3 million in Series A financing in the Indian Trading League (ITL), launched by Samco Ventures.
Banking distribution needs to account for the evolving interdependencies between channels. Accelerating digital and upgrading the physical experience to “phygital” offers a viable solution.
A plurality of experts think sweeping societal change will make life worse for most people. Still, a portion believe things will be better in a ‘tele-everything’ world.
"The shock that the coronavirus appears to have had on the markets around the world is unmatched in recent memory. The fact that it has since affected social connection and movement has further heightened the sense of dread that is amply reflected in financial markets, according to Siddharth Mehta Bay Capital founder and CIO.
Embedded finance represents a paradigm shift in how financial services are delivered, characterised by incorporating financial services
Digital India: According to NPCI, the overall volume of transactions also registered a growth of 58% year-on-year. The total amount of the UPI transactions for May was Rs 14.30 lakh crore, up 37% from the previous year.
Siddharth Mehta Bay Capital founder and CIO, cricketer Kapil Dev, and other investors invested $3 million as Series A investors in the initiative, which has already attracted investor interest.
Indian financial institutions stand out as some of the best-run businesses globally. They have relatively low NPAs, comprising 3-5% of total assets, high capitalization at 18% CAR, and impressive return ratios, with return on equity (RoE) of about 15%.
According to a PwC report, the Unified Payments Interface (UPI) is projected to account for 90% of total transaction volume in retail digital payments
According to Siddharth Mehta Bay Capital founder and CIO its continued impact on social connection and mobility has only heightened the sense of panic, which is amply represented in financial markets.
he rapid rollout of 5G is laudable; however, it will end up exacerbating the already-widening digital divide within the country in the short-term.
Reports suggest that the Indian govt is working on integrating ChatGPT into the India Bhashini platform. This can further accelerate connectivity across the country.
Siddharth Mehta Bay Capital Founder & CIO said "While business sectors might well go down further, contributing when frightened is one of the hardest activities."
Best of the Week News: In the three years since 2021, India has remained the fastest growing large economy.
While slower than the current fiscal year's projected 6.8% growth, the outlook contrasts with bleaker 2023 projections in the United States, Europe and most noticeably China, a major Asian economic rival where a recent surge in COVID infections is expected to hobble activity next year.
The growth of Indian economy will stay says Siddharth Mehta, Founder and CIO of Bay Capital.
