NEW DELHI: (Mar 30) Venture capital fund Cedar IBSi Capital on Sunday said investment in the country’s BankTech sector is projected to reach USD 1 billion by the end of 2027.
It said as the country is progressing towards achieving its gross domestic product target of USD 7 trillion by 2030, the banking sector will be a key driver for pushing the economic growth.
“Investment in India’s BankTech sector is projected to reach USD 1 billion by the end of 2027,” the company said. PTI