PNN DigitalPNN Digital
    Facebook Twitter Instagram
    Monday, July 7
    Trending
    • Asston Pharmaceuticals Limited, a Pharmaceutical and Nutraceutical Company, opens its IPO on 9th July 2025.
    • From Foundations to Future: The Legacy of Ajmera Cityscapes
    • Launch of “Seedball for Green Wall” Campaign from Ambaji by Hon’ble Speaker Shri Shankarbhai Chaudhary
    • GLEN Industries Limited IPO To Open On 08th July, Sets Price Band At Rs 92 to Rs 97 Per Share
    • Iris Clothings Rewards Shareholders with 1:1 Bonus Share Issue
    • Smarten Power System Limited IPO Opens on July 07, 2025
    • Sanjay Mishra Stars in Kunal Shamshere Malla’s ‘5th September’ – Trailer Unveiled for Inspiring Tribute to Mentors
    • Nitrro Bespoke Fitness Powai’s 6th Anniversary Was a Stellar Celebration of Strength & Style Spearheaded by Prabodh V. Davkhare
    Submit News
    PNN DigitalPNN Digital
    Subscribe
    • Home
    • News
    • Business
    • Entertainment
    • National
    • Lifestyle
    • More
      • Sports
      • Health
      • Finance
      • Education
    PNN DigitalPNN Digital
    Home»Technology

    9th GES to be a gateway for Indian FinTech Companies to gain the spotlight

    Jasmeen ChopraJasmeen ChopraUpdated:18/06/2024 Technology 4 Mins Read
     The 9th edition of the Global Economic Summit, themed "FinTech: Accelerating the Digital Revolution," will be held in Mumbai from August 8-10, 2024.
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Mumbai (Maharashtra) [India], June 18: India has emerged as one of the most robust FinTech economies in the world with landmark innovations in secure payment systems and gateways, paperless lending, mobile banking and wallets and other innovations which are driving the country’s digital transformation. India’s FinTech sector, currently the third largest and third highest funded globally, trailing only the USA and China, is poised to emerge as a global leader. 

    Against this backdrop, World Trade Center Mumbai and All India Association of Industries are set to host the 9th edition of their flagship event, the Global Economic Summit, themed “FinTech: Accelerating the Digital Revolution,” from August 8-10, 2024. The Summit will discuss pathways and strategies to meet the unmet credit needs of MSMEs, women entrepreneurs and under-served communities through digital solutions such as paper-less credit, account aggregator framework, cash-flow based funding, alternative credit scoring methods and so on. World-over, central banks are encouraging their traditional banks to deploy technologies to promote digital supply chain financing for MSMEs and digital payments.

    According to the UK Sinha-led Expert Committee of RBI, MSME sector faces credit gap to the extent of Rs. 20-25 lakh crore and fintech can be a key enabler of credit accessibility and affordability for small scale enterprises.

    Highlighting the importance of this Summit, Dr. Vijay Kalantri, Chairman, MVIRDC World Trade Center Mumbai remarked “India has the fastest growing fintech industry in the world and the Summit will add further momentum to this growth by connecting local companies to their global counterparts, fostering opportunities for investment, exchange of technology and business partnerships. This also aligns with the government’s initiative to take India’s fintech innovations such as UPI to the global market.”

    The Summit is supported by ONDC, an open e-commerce network backed by Government of India, Digital Lenders Association of India (DLAI) and Atal Incubation Centre – RMP. The event is co-sponsored by IDBI Bank. In order to facilitate cross-border collaboration for Indian fintech startups, WTC Mumbai has garnered the support of Geneva-based global e-trade facilitator World Trade Point Federation and International Digital Economy Association (IDEA) which represents 25 countries across Africa, Middle East and Asia and FinTech Belgium.

    The key highlights of the Summit are Conference, Exhibition, Networking Session, and Awards Ceremony.  The Summit will be an ideal platform for delegates and around 100 exhibitors to showcase their products and services among more than 5,000 visitors and 300 delegates from 10 countries, including policymakers, regulators, diplomatic corps and fintech industry leaders.

    The Conference will be addressed by distinguished experts/bankers like Mr. P. Vasudevan, Executive Director, RBI; Ms. Amor Maclang, Co-Founder, International Digital Economies Association (IDEA); Dr. Dirk Zetzsche, Professor of Financial Law, University of Luxembourg; Mr. T Koshy, CEO, ONDC; Mr. Jatinder Handoo, CEO, Digital Lenders Association of India (DLAI) and other fintech leaders from India and around the World. 

    The Summit will also host notable speakers like: Mr. Makoto Shibata, Head & Chief Community Officer, FINOLAB Inc; Mr. Mihir Gandhi, Partner and Leader, Payments Transformation, PwC India; Mr. Hrushikesh Mehta, Senior Vice President – Financial Services, ONDC; Mr. Ajay Rajan, Country Head- Transaction Banking, Yes Bank; Mr. Amit Purohit, VP and Head – Digital Business, Aditya Birla Sun Life AMC; Mr. Sanjay Agarwal, Co-Founder and Director, Moneyview; Mr. Manish Lunia, Co-Founder, Flexiloans; Ms. Shilpa Mankar Ahluwalia, Senior Partner, Shardul Amarchand Mangaldas; Dr. Pawan Bakhshi, India Lead- Inclusive Financial Systems, Bill & Melinda Gates Foundation; Mr. Sashank Rishyasringa, Co-founder, Axio; Mr. Jaideep Pawar, Founder & CEO, GRAMePAY; Ms. Smita Jha, Partner, Khaitan & Co; Mr. Mandar Agashe, Founder, Managing Director & Vice Chairman, Sarvatra Technologies. 

    These speakers will discuss and deliberate on evolving market trends, critical emerging technologies, public digital infrastructure, frictionless lending, guardrails, compliance procedures and investment outlook. 

    Pointing out the relevance of the Summit theme, Ms. Rupa Naik, Executive Director, MVIRDC World Trade Center Mumbai said, “The fast-growing fintech sector has transformed the lives of millions of consumers and businesses, ranging from self-employed persons to women entrepreneurs and large corporate houses. Fintech is the key driver of financial inclusion, gender equality, easy access to credit in rural areas and sustainable development goals.” 

    The earlier editions of the Summit witnessed participation of more than 300 Indian and International delegates from around 30 countries. For further information, kindly visit the website https://www.gesmumbai.com/

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    9th GES Accelerating the Digital Revolution August 8-10 Awards Ceremony Chairman Conference Dr. Vijay Kalantri event Executive Director exhibition fintech Ms. Rupa Naik MVIRDC World Trade Center Mumbai Networking Session
    Jasmeen Chopra

    Keep Reading

    Asston Pharmaceuticals Limited, a Pharmaceutical and Nutraceutical Company, opens its IPO on 9th July 2025.

    From Foundations to Future: The Legacy of Ajmera Cityscapes

    Launch of “Seedball for Green Wall” Campaign from Ambaji by Hon’ble Speaker Shri Shankarbhai Chaudhary

    GLEN Industries Limited IPO To Open On 08th July, Sets Price Band At Rs 92 to Rs 97 Per Share

    Iris Clothings Rewards Shareholders with 1:1 Bonus Share Issue

    Smarten Power System Limited IPO Opens on July 07, 2025

    Recent Posts
    • Asston Pharmaceuticals Limited, a Pharmaceutical and Nutraceutical Company, opens its IPO on 9th July 2025.
    • From Foundations to Future: The Legacy of Ajmera Cityscapes
    • Launch of “Seedball for Green Wall” Campaign from Ambaji by Hon’ble Speaker Shri Shankarbhai Chaudhary
    • GLEN Industries Limited IPO To Open On 08th July, Sets Price Band At Rs 92 to Rs 97 Per Share
    • Iris Clothings Rewards Shareholders with 1:1 Bonus Share Issue

    Asston Pharmaceuticals Limited, a Pharmaceutical and Nutraceutical Company, opens its IPO on 9th July 2025.

    07/07/2025

    From Foundations to Future: The Legacy of Ajmera Cityscapes

    07/07/2025

    Launch of “Seedball for Green Wall” Campaign from Ambaji by Hon’ble Speaker Shri Shankarbhai Chaudhary

    07/07/2025

    GLEN Industries Limited IPO To Open On 08th July, Sets Price Band At Rs 92 to Rs 97 Per Share

    07/07/2025

    Iris Clothings Rewards Shareholders with 1:1 Bonus Share Issue

    07/07/2025

    Smarten Power System Limited IPO Opens on July 07, 2025

    07/07/2025
    Facebook Instagram Twitter
    • Legal Disclaimer
    • Privacy Policy
    • Contact Us
    • About Us
    © 2025 PNN Digital. Designed by Primex Media Services.

    Type above and press Enter to search. Press Esc to cancel.