India to have 150 fintech unicorns with combined $500 billion valuation by 2030: report

The report, titled ‘Indian Fintech Journey from Evolution to Mega Public Listings’, released on Tuesday, forecast that the combined revenue of Indian fintech firms will surge to $260 billion by the end of this decade, up from $20 billion currently. This growth would be driven by increasing consumption, deeper market penetration and advancements in artificial intelligence, it said.