WEBVTT 00:00:00.200 --> 00:00:01.920 It's great to be here at GFF and see 00:00:01.920 --> 00:00:05.320 five months of collaboration with the GFF team come to life. 00:00:05.400 --> 00:00:07.880 FinTechs are at an inflection point. 00:00:07.880 --> 00:00:09.880 As per our estimates in the recently launched flagship GFF BCG report, 00:00:09.880 --> 00:00:11.880 As per our estimates in the recently launched flagship GFF BCG report, 00:00:11.960 --> 00:00:16.080 We estimate fintechs to contribute 190 billion in revenues by 2030 00:00:16.160 --> 00:00:17.080 and this will contribute 00:00:17.080 --> 00:00:21.640 to 25% of the entire revenue pool of the banking sector in India. 00:00:21.720 --> 00:00:23.720 One key thing to watch out for 00:00:23.720 --> 00:00:27.800 is we expect more and more fintechs to now demonstrate a path to profitability. 00:00:27.880 --> 00:00:32.200 In the recent survey that we did, about 80% of CXOs have path to profitability 00:00:32.200 --> 00:00:33.680 top of their mind. 00:00:33.680 --> 00:00:36.000 Another key thing that we would watch out for in the next days 00:00:36.000 --> 00:00:40.080 to come is the role of the new digital public infrastructure. 00:00:40.160 --> 00:00:43.080 ONDC, OCEN, the national health stack, 00:00:43.080 --> 00:00:45.280 they would drive the next wave of growth and innovation in India.