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Financial Analysis of select Fintech Startups in India
Author Name : Ms Smiti M, Preeti Gupta
ABSTRACT Indian FinTech is one of the best five markets by estimation of capital subsidizing and interests in the area with about $270 million of financing in 2016. The Indian fintech environment is the third biggest in the globe. $6 billion ventures have just pooled in the fintech showcase in the nation in the last 3-4 years. Fintech advertise in India is probably going to extend to around $31 billion of every 2020. This research is intended to help in graphing a heading for a reasonable and versatile FinTech segment in India. Speculation testing has been utilized to test the example organizations and to infer explicit outcomes and produce pertinent arrangements. The test measurement utilized right now ANOVA (Analysis Of Variance) to delineate the outcome. This study has been done to analyze the financial performance sample Fintech companies in terms of performance , functionality and transactions & to assess the overall financial performance of sample Fintech companies i.e. Paytm, Phonepe and Googlepay based on 2018-19 data from sites like moneycontrol.com and entrackr.com. The major objective of the research is to focus on the problems and loopholes of each of these sample companies.