How fintech solutions are helping India to pursue its financial aspirations

Wondrlab’s Ajeeta Bharadwaj looks at what is fuelling the financial revolution in India.

This article is part of a Spotlight series on the Fintech Revolution in India. Read more

Any discussion on money, in the Indian context, has always invited the rhetoric on how there are two Indias – the “rich and spending” India and the “poor and cautious” Bharat. But how true is this today?

The income disparity certainly continues, if at all. The Gini index has increased showing a widening income gap between rich and poor. Blume data confirms that India’s financial behaviours are significantly top-heavy. Just 6.5% of users account for about 44% of...

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