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States » WestPosted at: Dec 7 2019 10:08PM


Venture Capital ecosystem report 2019 was also released at the summit, revealing that 2019 saw the highest ever quantum of funding at nine billion dollars. An increase of 30 per cent in deal volume, approximately 55 per cent of the top deals are in consumer internet while Software as a service, Fintech and B2B tech are the fast emerging, according to the report.
The day-long event saw technical several technical sessions and panel discussions on various topics. This included 'Enabling Regulations and Monetizing New India Opportunity" to discuss the pace of new business creation and government initiatives and policies 'Going cashless and beyond: Future of FinTech' to discuss on Innovations in digital finance and their ability to expand reach of core banking products and services.
In the panel discussions, Cate Ambrose of Emerging Markets Private Equity Association spoke of experience from Chile and mentioned government programs should not be heavy handed and should work towards creating an environment where incumbents are not able block tech disruption through anti-competitive policies.
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