#digitallending #fintech
While ‘digital lending’ has been a buzz word in recent times, it has no universally articulated (and understood) definition. The lending can be of any shape including personal loans, two-wheeler loans, four wheeler loans, SME finance and home loans. Further it has expanded to consumer loan applications made digitally. Digital lending presents a large opportunity in the Indian context. Fintech startups have been at the forefront of digital loans. Annual digital disbursements 5 years hence would be nearly 5X that of current levels. It is absolutely true that technology and data will emerge as the new power centers in the organization. It is estimated that the total retail loans which could be disbursed digitally in the next 5 years could be over 1 trillion dollars. A report says, retail credit will play a pivotal role in making it a 5 trillion-dollar economy by backing and boosting the consumption levels.
Given the low penetration of credit in India, lending is an attractive business opportunity. With the help of technology and democratizing the data, several non-financial services companies have entered the lending space over the last few years. New age fintechs, with their lean organization and innovative operating models, will continue to offer agile and cutting edge products that will address current consumer pain points while taking a loan. Secondly, digitization of various databases and records has resulted in a multi-fold increase in data of individuals and corporations being digitally available. However, we can’t say whether the data is getting collected with the consent or without the consent through multiple sources with the pre-designed consent architecture is a certainty and is not too far in the future. Technological advancements will disrupt how consumers research and apply for a loan, as well as the onboarding experience.
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بذریعے VARINDIA| 151 نظٓارہ
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Digital assets are expected to have tremendous potential
‘Web 3.0′ envisions a decentralised future where users and machines are able to interact with data via smart, digital contracts over peer-to-peer networks, without the need for Big Tech. Digital assets like Bitcoin, Ether, Solana, etc are the fuel of the future financial ecosystem and Web 3.0. According to the report by crypto and digital asset exchange CrossTower in partnership with US-India Strategic Partnership Forum, the digital asset economy’s value to India’s GDP will grow at 43.1% CAGR— from $5.1 billion in 2021 to $261.8 billion over an 11-year period, resulting in a $1.1 trillion contribution to India’s GDP. Digital asset market capitalisation was nearly $1.5 billion in 2013, and stands at about $3 trillion today. As per the reports, most of $1.1 trillion in the total economic growth in the next 11 years can come from ancillary digital asset-related businesses that are yet to be invented. India is poised for growth to become a $5 trillion economy by 2024-25. Digital assets are expected to have tremendous potential in the next 11 years across countries, due to their rapid adoption. They are expected to help India achieve the $5 trillion economy goal.
According to the findings, the adoption rate of digital assets (as reflected by accounts opened on centralised cryptocurrency exchanges) is growing nearly twice as fast as that of the Internet. It took the Internet approximately 7.5 years to go from around 100 million users to one billion users. The same growth at cryptocurrency exchanges will take about four years. From digital art to ticket sales, music, collectables, luxury items and gaming, non-fungible tokens could transform the way people interact day-to-day. While still nascent, NFTs are projected to emerge into a market of $1 trillion or more,” the report mentioned. With the right policies and regulatory framework, Indi
بذریعے VARINDIA| 193 نظٓارہ
India is all set to accelerate the digital penetration in the country as it is ready to adopt #5G. By the end of 2030 there are expected to be 611.97 million #5Gconnections in India. As the Indian market is primed for the launch of 5G—the next generation of mobile broadband—many industries will see an exponential boost. 5G will also drive the need for larger data storage as we head towards a data economy.
As the app economy has been unlocked by 4G, 5G is poised to unlock higher bandwidth, near real-time responses, the industrial Internet of Things and mission-critical products and applications. Leading to increased economic output and consumer willingness to pay for goods and services, it has the potential to significantly improve productivity, optimize service quality and reduce costs.
Experts say 5G will inevitably increase the data footprint as enterprises start to work on use cases that will be data intensive. To process large volumes of data, data centers, edge devices and cloud infrastructure will play a crucial role. Therefore, inevitably organizations will need to consider moving to a nimble and sustainable architecture for their data centers or cloud infrastructure.
Advanced wireless technologies can play a critical part in a company’s ability to link its equipment and devices that are important to an organization’s ability to fully utilize each technology. However, security risks arising from many unprotected network entry points, as well as a lack of backward compatibility with the existing systems and devices are challenges that must be overcome as sophisticated wireless technologies mature.
Going forward, 5G is set to make an impact almost instantly within the coming five years. For enterprises, it will make the concept of ‘smart factories’ and ‘connected workplaces’ a reality.
Experts say organizations will face a massive influx of data sets which will open the door for new technologies to assist businesses
بذریعے VARINDIA| 131 نظٓارہ
Customers utilise the #SaaSPlatform to get fresh insights from enormous amounts of different data, including historical and contemporary data. This technology is appropriate for running algorithms and analysing vast amounts of data to discover meaningful links, entities, and insights. Secondly, consumers in India estimate 60% of their interactions with businesses to take place online.
Additionally, 71% of Indians expect companies to accelerate digital initiatives. As the world quickly moves to a cloud-based environment, there is increased adoption of SaaS in the market. Top Indian companies include ZoHo, Freshworks, PostMan, Uniphore, LeadSquared and are already in the Unicorn club.
Going forward, there are few more SaaS companies who are expected to turn unicorns soon including #CleverTap, FarEye, Kissflow, Loginext and Yellow.ai and others in the race.
SaaS #startups in India have still managed to attract meaningful funding. As per a recent report, SaaS was the second-ranked segment in terms of the number of funding during H1 2022 with more than 90 Indian SaaS startups mopping up $1.76 billion. Indian SaaS startups have traditionally been more capital-efficient than their global counterparts, as per the report of Saas Bhoomi.
As hybrid work environments are the norm now, and B2B buyer preferences have moved to a digital-first approach irrevocably. A major driver of this growth has been the secular trend towards digitalization triggered by the pandemic. SaaS now comprises $600 billion of the $3 trillion global enterprise IT and communications spending market, and is expected to be worth $1.3 trillion by 2030.
Today's Headline in NewsHours
0:00 Intro
2:30 Govt authorises SBI to promote rupee trade with Russia
3:05 Byju’s faces revenue drop with 20 times more loss
3:50 Kapil Kapoor appointed as CredAble’s CTO
4:25 Cisco confirms data stolen in Yanluowang ransomware hit
4:55 Google reportedly c
بذریعے VARINDIA| 140 نظٓارہ
India reported to be representing a trillion-dollar digital opportunity around the Internet #shorts
بذریعے VARINDIA| 164 نظٓارہ
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بذریعے Amit Sharma| 696 نظٓارہ
Union Commerce Minister Piyush Goyal Thursday said India must try to bring back the 19-20 per cent export growth to be able to reach the 5 trillion dollar economy mark as envisaged by Prime Minister Narendra Modi. This translates into a trillion-dollar of exports over the next five years, a goal that would test the ability of the government to push exports in difficult global economic conditions. The minister was addressing the Board of Trade meeting in New Delhi. Listen-in. (Text: IANS)
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بذریعے The Economic Times| 316 نظٓارہ
The development of blockchain technologies has resulted in a sweeping revolution across financial markets, empowering individuals instead of institutions and channeling ownership of data and funds to their holders. The qualities of the blockchain — immutability, full transparency and the trustless nature of operations — have permeated many industries, swooning the balance of business orientation from centralized corporate reliance to decentralization. This shift in the basic concepts that govern relations between participants to transactions, facilitated by smart contracts, has not gone unnoticed in the creator economy. As per Cointelegraph, with the decentralized finance and GameFi sectors marshalling across their respective industries and detracting droves of users from conventional approaches to banking and gaming, it was only a matter of time before influencers and content creators decided to shift the paradigm in their operating environments. The content creation model has been altered forever with the incorporation of blockchain technologies that allow users to incentivize content creators, while creators can actually monetize their talent without having to share the proceeds with centralized, often-unfair hosting platforms.
The development of metaverses —simulated digital environments that combine augmented reality, virtual reality, blockchain, and social media principles to create areas for rich user interaction that mirror the actual world. Never before has talent had access to such an advanced set of tools to embellish even the bravest of ideas on the threshold of the real and digital worlds. The internet is generally a two-dimensional experience but with metaverse, you can scroll and browse through the Internet not only on a single screen but take a three-dimensional look. Besides scrolls and browsing, you can also walk through the internet by using some accessories like handsets and glasses attached and connected to it. The metaverse offers limi
بذریعے VARINDIA| 135 نظٓارہ
#edtechfirms #Govt #Google
5G is advancing so quickly on so many fronts and changing the way the world connects and communicates that it can be challenging to discern how far we’ve already come and how far there is to go. 5G enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices. 5G has been deployed in 60+ countries and counting. We are seeing much faster rollout and adoption compared with 4G. Consumers are very excited about the high speeds and low latencies. But 5G goes beyond these benefits by also providing the capability for mission-critical services, enhanced mobile broadband and massive IoT. Sales of network security appliances to telcos will initially drive the market’s growth as they invest in building out the infrastructure. There are several new mobile phones available that are designed to support 5G, and multiple carriers across the world support the 5G wireless network. 5G wireless technology is intended to provide higher multi-Gbps peak data speeds, ultra-low latency, more reliability, massive network capacity, enhanced availability and a more consistent user experience to more users. Greater performance and better efficiency enable new user experiences and unite new industries.
Experts from the analytical company ABI Research predict that its volume will reach $ 11.6 billion by 2026. Analysts clarify that the first time the growth will be largely associated with the sale of equipment, but in the second part of the forecast period will significantly increase revenues related to software and services. Communication Service Providers (CSPs) buy the solutions they need primarily from network equipment vendors and clean cybersecurity vendors. Over time, other specialized third parties will also enter the market as carriers move to autonomous 5G networks. Over time, as CSPs start offering enterprise applications, this initial investment in se
بذریعے VARINDIA| 110 نظٓارہ
Analysts reported that the #5G CPE device market alone will reach $177 billion by 2028 and the total number of 5G devices shipped will reach 1.8 billion by 2028. Integration of 5G technologies with IoT systems will be a key 5G device market driver.
A prediction reveals that the combined economic impact of 5G will be more than $1.4 trillion by 2030. The top impacted countries will be the United States, China, Japan, Germany, and the UK.
The US alone will be $525 billion with China representing the second most impacted country at $220 billion. Japan, Germany, and the UK will share $76 billion, $65 billion, and $54 billion respectively. Much of this impact will be directly or indirectly related to the success of the 5G device market.
5G will support many different form factors including handhelds, hotspots, indoor and outdoor customer premises, IoT modules, USM terminals, dongles and adapters, home appliances, and others.
This 5G device market report is broadly segmented by 5G mobility (non-CPE) and 5G CPE devices. It is also segmented by frequency range including low-band, mid-band, and milli-meter wave frequencies.
Today's Headline in NewsHours
0:00 Intro
2:07 #FinanceMinister assures commitment to economic reforms amid global challenges
2:50 HAL-L&T bags Rs 860 crore contract for building 5 PSLV rockets
3:26 Ashneer Grover condemns RBI’s digital guidelines
4:03 #CCI approves PayU’s acquisition of BillDesk
4:35 Liz Truss defeats Rishi Sunak and becomes UK’s next PM
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5G to bring $1.4 tril
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بذریعے Telugu TechTuts| 307 نظٓارہ
Pilgrim, a vegan skincare brand, has announced that it is launching a lip care range, including lip serums, lip balms, lip scrubs and lip sleeping masks, in a range of fun and deliciously fragrant flavours including bubblegum, blueberry, and peppermint.
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بذریعے Nidhi Katiyar| 394146 نظٓارہ
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بذریعے Natural Life Style| 464008 نظٓارہ
Hi friends..Today i will show you how to make thorana beautiful..Thorana decorations..
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ಹಬ್ಬಕ್ಕೆ ಚಂದವಾದ ತೋರಣ || Thorana designs || How to make Thorana decorations || Kannada sanjeevani
بذریعے Kannada Sanjeevani| 165663 نظٓارہ
Everything about hair care using at home affordable hair treatments for dry, damaged, frizzy hair and color treated hair with hair pack at home is discussed in this video using the Biolage Deep Treatment hair packs/ hair masks. Hair care with DIY deep treatment hair packs by Biolage helped me get soft, smooth, silky hair. They also have hair masks to tame fly-aways, get rid of split-ends and to treat colored hair which are infused with hair foods and hair caring ingredients which I've explained and shared in detail in this video. I’ve shared with you a demo and my review of the Biolage Deep Treatment Pack for hair as well.
These hair mask treatments help to get deep moisture treatment for natural and colored hair and frizzy or damaged hair as well. You can now take care of damaged hair at home with the following Biolage deep treatment hair masks in India at https://bit.ly/3vrgR28.
I used the Biolage Ultra Hydrasource Deep Treatment Pack which has Aloe and Spirulina which is a hair mask for dry hair to get moisturised, soft, smooth, manageable and hydrated hair from deep within.
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بذریعے Neha Desai| 353194 نظٓارہ
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بذریعے Beauty with Sumu| 980761 نظٓارہ
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بذریعے JSuper kaur| 429983 نظٓارہ
#digitallending #fintech
While ‘digital lending’ has been a buzz word in recent times, it has no universally articulated (and understood) definition. The lending can be of any shape including personal loans, two-wheeler loans, four wheeler loans, SME finance and home loans. Further it has expanded to consumer loan applications made digitally. Digital lending presents a large opportunity in the Indian context. Fintech startups have been at the forefront of digital loans. Annual digital disbursements 5 years hence would be nearly 5X that of current levels. It is absolutely true that technology and data will emerge as the new power centers in the organization. It is estimated that the total retail loans which could be disbursed digitally in the next 5 years could be over 1 trillion dollars. A report says, retail credit will play a pivotal role in making it a 5 trillion-dollar economy by backing and boosting the consumption levels.
Given the low penetration of credit in India, lending is an attractive business opportunity. With the help of technology and democratizing the data, several non-financial services companies have entered the lending space over the last few years. New age fintechs, with their lean organization and innovative operating models, will continue to offer agile and cutting edge products that will address current consumer pain points while taking a loan. Secondly, digitization of various databases and records has resulted in a multi-fold increase in data of individuals and corporations being digitally available. However, we can’t say whether the data is getting collected with the consent or without the consent through multiple sources with the pre-designed consent architecture is a certainty and is not too far in the future. Technological advancements will disrupt how consumers research and apply for a loan, as well as the onboarding experience.
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بذریعے VARINDIA| 151 نظٓارہ
#GeneralBipinRawat #Madhulika #Visa
Digital assets are expected to have tremendous potential
‘Web 3.0′ envisions a decentralised future where users and machines are able to interact with data via smart, digital contracts over peer-to-peer networks, without the need for Big Tech. Digital assets like Bitcoin, Ether, Solana, etc are the fuel of the future financial ecosystem and Web 3.0. According to the report by crypto and digital asset exchange CrossTower in partnership with US-India Strategic Partnership Forum, the digital asset economy’s value to India’s GDP will grow at 43.1% CAGR— from $5.1 billion in 2021 to $261.8 billion over an 11-year period, resulting in a $1.1 trillion contribution to India’s GDP. Digital asset market capitalisation was nearly $1.5 billion in 2013, and stands at about $3 trillion today. As per the reports, most of $1.1 trillion in the total economic growth in the next 11 years can come from ancillary digital asset-related businesses that are yet to be invented. India is poised for growth to become a $5 trillion economy by 2024-25. Digital assets are expected to have tremendous potential in the next 11 years across countries, due to their rapid adoption. They are expected to help India achieve the $5 trillion economy goal.
According to the findings, the adoption rate of digital assets (as reflected by accounts opened on centralised cryptocurrency exchanges) is growing nearly twice as fast as that of the Internet. It took the Internet approximately 7.5 years to go from around 100 million users to one billion users. The same growth at cryptocurrency exchanges will take about four years. From digital art to ticket sales, music, collectables, luxury items and gaming, non-fungible tokens could transform the way people interact day-to-day. While still nascent, NFTs are projected to emerge into a market of $1 trillion or more,” the report mentioned. With the right policies and regulatory framework, Indi
بذریعے VARINDIA| 193 نظٓارہ
India is all set to accelerate the digital penetration in the country as it is ready to adopt #5G. By the end of 2030 there are expected to be 611.97 million #5Gconnections in India. As the Indian market is primed for the launch of 5G—the next generation of mobile broadband—many industries will see an exponential boost. 5G will also drive the need for larger data storage as we head towards a data economy.
As the app economy has been unlocked by 4G, 5G is poised to unlock higher bandwidth, near real-time responses, the industrial Internet of Things and mission-critical products and applications. Leading to increased economic output and consumer willingness to pay for goods and services, it has the potential to significantly improve productivity, optimize service quality and reduce costs.
Experts say 5G will inevitably increase the data footprint as enterprises start to work on use cases that will be data intensive. To process large volumes of data, data centers, edge devices and cloud infrastructure will play a crucial role. Therefore, inevitably organizations will need to consider moving to a nimble and sustainable architecture for their data centers or cloud infrastructure.
Advanced wireless technologies can play a critical part in a company’s ability to link its equipment and devices that are important to an organization’s ability to fully utilize each technology. However, security risks arising from many unprotected network entry points, as well as a lack of backward compatibility with the existing systems and devices are challenges that must be overcome as sophisticated wireless technologies mature.
Going forward, 5G is set to make an impact almost instantly within the coming five years. For enterprises, it will make the concept of ‘smart factories’ and ‘connected workplaces’ a reality.
Experts say organizations will face a massive influx of data sets which will open the door for new technologies to assist businesses
بذریعے VARINDIA| 131 نظٓارہ
Customers utilise the #SaaSPlatform to get fresh insights from enormous amounts of different data, including historical and contemporary data. This technology is appropriate for running algorithms and analysing vast amounts of data to discover meaningful links, entities, and insights. Secondly, consumers in India estimate 60% of their interactions with businesses to take place online.
Additionally, 71% of Indians expect companies to accelerate digital initiatives. As the world quickly moves to a cloud-based environment, there is increased adoption of SaaS in the market. Top Indian companies include ZoHo, Freshworks, PostMan, Uniphore, LeadSquared and are already in the Unicorn club.
Going forward, there are few more SaaS companies who are expected to turn unicorns soon including #CleverTap, FarEye, Kissflow, Loginext and Yellow.ai and others in the race.
SaaS #startups in India have still managed to attract meaningful funding. As per a recent report, SaaS was the second-ranked segment in terms of the number of funding during H1 2022 with more than 90 Indian SaaS startups mopping up $1.76 billion. Indian SaaS startups have traditionally been more capital-efficient than their global counterparts, as per the report of Saas Bhoomi.
As hybrid work environments are the norm now, and B2B buyer preferences have moved to a digital-first approach irrevocably. A major driver of this growth has been the secular trend towards digitalization triggered by the pandemic. SaaS now comprises $600 billion of the $3 trillion global enterprise IT and communications spending market, and is expected to be worth $1.3 trillion by 2030.
Today's Headline in NewsHours
0:00 Intro
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بذریعے VARINDIA| 140 نظٓارہ
India reported to be representing a trillion-dollar digital opportunity around the Internet #shorts
بذریعے VARINDIA| 164 نظٓارہ
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بذریعے Amit Sharma| 696 نظٓارہ
Union Commerce Minister Piyush Goyal Thursday said India must try to bring back the 19-20 per cent export growth to be able to reach the 5 trillion dollar economy mark as envisaged by Prime Minister Narendra Modi. This translates into a trillion-dollar of exports over the next five years, a goal that would test the ability of the government to push exports in difficult global economic conditions. The minister was addressing the Board of Trade meeting in New Delhi. Listen-in. (Text: IANS)
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بذریعے The Economic Times| 316 نظٓارہ
The development of blockchain technologies has resulted in a sweeping revolution across financial markets, empowering individuals instead of institutions and channeling ownership of data and funds to their holders. The qualities of the blockchain — immutability, full transparency and the trustless nature of operations — have permeated many industries, swooning the balance of business orientation from centralized corporate reliance to decentralization. This shift in the basic concepts that govern relations between participants to transactions, facilitated by smart contracts, has not gone unnoticed in the creator economy. As per Cointelegraph, with the decentralized finance and GameFi sectors marshalling across their respective industries and detracting droves of users from conventional approaches to banking and gaming, it was only a matter of time before influencers and content creators decided to shift the paradigm in their operating environments. The content creation model has been altered forever with the incorporation of blockchain technologies that allow users to incentivize content creators, while creators can actually monetize their talent without having to share the proceeds with centralized, often-unfair hosting platforms.
The development of metaverses —simulated digital environments that combine augmented reality, virtual reality, blockchain, and social media principles to create areas for rich user interaction that mirror the actual world. Never before has talent had access to such an advanced set of tools to embellish even the bravest of ideas on the threshold of the real and digital worlds. The internet is generally a two-dimensional experience but with metaverse, you can scroll and browse through the Internet not only on a single screen but take a three-dimensional look. Besides scrolls and browsing, you can also walk through the internet by using some accessories like handsets and glasses attached and connected to it. The metaverse offers limi
بذریعے VARINDIA| 135 نظٓارہ
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5G is advancing so quickly on so many fronts and changing the way the world connects and communicates that it can be challenging to discern how far we’ve already come and how far there is to go. 5G enables a new kind of network that is designed to connect virtually everyone and everything together including machines, objects, and devices. 5G has been deployed in 60+ countries and counting. We are seeing much faster rollout and adoption compared with 4G. Consumers are very excited about the high speeds and low latencies. But 5G goes beyond these benefits by also providing the capability for mission-critical services, enhanced mobile broadband and massive IoT. Sales of network security appliances to telcos will initially drive the market’s growth as they invest in building out the infrastructure. There are several new mobile phones available that are designed to support 5G, and multiple carriers across the world support the 5G wireless network. 5G wireless technology is intended to provide higher multi-Gbps peak data speeds, ultra-low latency, more reliability, massive network capacity, enhanced availability and a more consistent user experience to more users. Greater performance and better efficiency enable new user experiences and unite new industries.
Experts from the analytical company ABI Research predict that its volume will reach $ 11.6 billion by 2026. Analysts clarify that the first time the growth will be largely associated with the sale of equipment, but in the second part of the forecast period will significantly increase revenues related to software and services. Communication Service Providers (CSPs) buy the solutions they need primarily from network equipment vendors and clean cybersecurity vendors. Over time, other specialized third parties will also enter the market as carriers move to autonomous 5G networks. Over time, as CSPs start offering enterprise applications, this initial investment in se
بذریعے VARINDIA| 110 نظٓارہ
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