The Financial InfraTech Opportunity: A journey from inclusion to holistic financial wellbeing

Team Omidyar Network India, Reserve Bank Innovation Hub, and Boston Consulting Group

In the past two decades, India’s financial landscape has been largely driven by the transformative power of technology, thereby creating an economic evolution.  This technological shift owes much of its success to a silent yet crucial category of Enablers: Financial InfraTechs (F-ITs).

Through partnerships with Financial Institutions (FIs), Financial InfraTechs have enhanced the operational efficiencies and customer engagement of the FIs and have further contributed to the opening of new markets and building a responsible financial ecosystem in India.  

This document presents a first look at the evolving financial landscape in India that is driven by the successes, challenges, and the promising future of the collaboration between FIs and F-ITs.

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For a deeper dive into this subject, we invite you to listen to our engaging podcast featuring Siddharth Nautiyal (Partner at Omidyar Network India) and Mayank Jha (Managing Director & Partner at Boston Consulting Group):