Funding winter shows signs of thaw but fintech industry is under scrutiny – Business Standard

The Centre for Advanced Financial Research and Learning (Cafral), in its first India Finance Report (IFR) released last November, said of the 14,000 startups born between 2016 and 2021, close to half were fintech. It projected lending by these entities to exceed banks by 2030. This may have to be looked afresh.