Zerodha's Nithin Kamath & PhonePe's Sameer Nigam | View On The Actual Size Of India's Fintech Market
Vložit
- čas přidán 7. 07. 2023
- Phonepe Founder Sameer Nigam and Zerodha Founder Nithin Kamath Discuss Fintechs, Startup Culture in India and more at Moneycontrol Startup Conclave 2023.
Moderated by Chandra Srikanth.
The conclave aims to highlight the resilience and determination of entrepreneurs and their unwavering commitment to overcoming obstacles. The event will feature a combination of keynote speeches, panel discussions, and inspiring talks from both global and Indian experts in the fields of policy, venture capital, and entrepreneurship.
#startup #zerodha #phonepe
For more information visit - www.startupconclave.co.in
Moneycontrol is India's leading financial and business portal with in-depth market coverage, analysis, expert opinions, and a gamut of financial tools.
A part of Network18, moneycontrol.com is the most influential destination for stock market news and advice, business news, and news about the Indian and global economy.
Subscribe: bit.ly/moneycontrolyoutube
Follow us:
Visit www.moneycontrol.com/
Facebook: / moneycontrol
Twitter: / moneycontrolcom
Instagram: / moneycontrolcom
Summary but listen it fully:
1. Total Fin-tech market: sub-segment of 100 Mn (Nithin), Phonepe will hit 500Mn Life-time user till Diwali and have 300Mn annual active users currently. According to Sameer, Valuations are over-hyped if you see a VC model of 8 years DCF, but promising for 20yr model if startups can sustain.
2. Fintech companies per sector: Phonepe is in distribution market, no intention to manufacture fin-tech products. India genuinely needs only 2-3 high-class companies in any segment, not the 75-100 companies which results in margin pressure.
3. Insurance for Phonepe: Currently 4-5 Mn users, have potential to sell it to 20-30Mn current Phonepe users, but confident to sell insurance to 100Mn users over next 10 years.
4. On Phonepe entry in loans: Beta launch is positive, don't want to open-up funnel too early. Target is to keep NPAs in low single-digit. Currently, Everyone is giving loans bcoz economy is strong, but it can become challenging once bad conditions occur.
5. Phonepe IPO: Will make Phonepe profitable (PAT, generating Cash), then will IPO. Also, want to get enough time to open-up sectors in which they have entered, experiments with these products.
Audio is not good. Kindly reupload
audio is not good
Audio is missing
I want to join the summit whenever and wherever it is conducted under money control platforms.What is the process for the same.
Bad audio quality
Use laptop you can hear clearly
Audio 😭
Chat list delete option please
Money control Not volume control 😂
Its the worst functional app - phonepe
I dont know how he has so many users
Bad audio quality