India's BankTech Sector on the Rise

Venture capital fund Cedar-IBSi Capital has made a bold prediction: investments in India’s BankTech sector are projected to hit USD 1 billion by the end of 2027. This surge is expected to play a crucial role in India's ambition to achieve a USD 7 trillion GDP by 2030.

Digital Transformation Leads the Way

Sahil Anand, Founder and Managing Partner of Cedar-IBSi Capital, highlights the technological revolution transforming banking services in India. With 80% of traditional banking services now performable digitally, technology is key to financial inclusion and reaching underserved areas.

Emerging Technologies Reshaping Banking

Anand points to cloud computing's transformative impact, offering scalability and cost-efficiency. Blockchain technology is also making waves, enabling secure transactions and revolutionizing areas like supply chain finance.

Cedar-IBSi Capital’s Strategic Investments

The Rs 240-crore fund has already invested in two BankTech startups and plans to expand its portfolio to 10–15 early-stage companies, focusing on strengthening high-performing enterprises within the banking technology ecosystem.