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DPI dependent Indian startups valued at $100 billion: Nandan Nilekani

Economic TimesEconomic Times · 2m
DPI dependent Indian startups valued at $100 billion: Nandan Nilekani

Infosys co-founder and chairman, Nandan Nilekani, stated that startups built on India's digital public infrastructure are now valued at $100 billion. Nilekani, renowned for his involvement in Aadhar and Unified Payments Interface (UPI), emphasized the idea behind creating these platforms was to provide a foundation for private sector innovation. He also mentioned the concept of "Finternet," a user-centric and unified future of finance that aims to encompass all types of assets under a single infrastructure. By tokenizing assets such as land, financial investments, and NFTs, Finternet aims to empower individuals with control over their assets. Nilekani co-authored a paper on FINTERNET in April 2024.

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