Fintech has always been a heavily regulated industry, but given that the Reserve Bank of India (RBI) has been an extremely involved regulator, thinking long term, Lightspeed Venture Partners will continue to invest in fintech in India, said Anuj Bhargava, managing director and head of corporate and strategic development for India and South East Asia at the global venture capital firm.
The firm has invested in Acko, Razorpay, Zolve, Incred, Uni and Xflow, among others. "Whatever it (RBI) comes up with, (it) has a good reason for it. Good companies will always be on the right side of regulations," Bhargava said on the sidelines of Lightspeed's annual event in Mumbai for investors and portfolio companies.
"RBI has a wider mandate and it is not against any company," he added.
Bu hikaye Mint Mumbai dergisinin February 13, 2024 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin February 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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