“FinTech has
the potential of becoming one of the major employment generators in the state
over the next few years besides promoting ‘ease of living’ among citizens”: Tmt.
Pooja Kulkarni IAS, Managing Director & Chief Executive Officer, Guidance
Tamil Nadu
Tmt. Kulkarni attended
the Chennai Micro Experience of FinTech Festival India 2021-22
FFI is
supported by Niti Aayog, six central
ministries, Government of Tamil Nadu, Electronics Corporation of Tamil
Nadu Limited (ELCOT) etc. and organised
by Constellar Exhibitions
Attending the Chennai
Micro Experience of FinTech Festival India 2021-22, Tmt. Pooja Kulkarni IAS, Managing
Director & Chief Executive Officer, Guidance Tamil Nadu, said, “We are focusing highly on FinTechs
as we believe it has the potential of becoming one of the major employment
generators in the state over the next few years besides promoting ‘ease of
living’ among citizens.”
Talking about the potential of Tamil Nadu she
further said, “Tamil Nadu has been a pioneer in the financial sector with
Chennai being at the forefront of several financial innovations and
initiatives. With four well-established pillars for the FinTech ecosystem -
Domain Knowledge in Finance, Data Analytics & Information Technology,
Infrastructure, and Diversified & Inclusive Markets, Tamil Nadu is poised
to evolve into a Global FinTech hub. Right from creating a single-window
channel to facilitate domestic and foreign investments, to promoting an
enabling environment for FinTechs and startups to flourish in the state, we are
committed to extend all possible support.”
FinTech
Festival India is organised by Constellar Exhibitions (a subsidiary of TEMASEK
and Singapore Press Holdings which organizes Singapore FinTech Festival) and
supported by Niti Aayog and six central government ministries.
The daylong conference
in Chennai was also attended by some well-known stalwarts such as Karan Mehta,
Co-Founder & Chief Technology Officer, Kissht, Himanshu Gupta, Chief
Operating Officer, Kristal.AI, Irfan Mohammed, Chief Business Officer - Financial
Services, CredAvenue, Sharan Nair, Chief Business Officer, CoinSwitch, Prabhu
Rangarajan, Co-Founder, M2P Fintech and Anil Pinapala, Founder & Chief
Executive Officer, Vivifi India Finance among others.
Among the
notable industry speakers who attended the conference, Srikanth Meenakshi, Co-Founder, PrimeInvestor.in said, "India
has among the most advanced FinTech industry in the world. And this FinTech
festival is an opportunity - both to celebrate the domestic ecosystem as well
as to shape its future with dialogues between the pathbreakers in its various
sub sectors. It's a privilege to be part of this event, to contribute and to
learn."
“It was
fascinating to moderate the session on Cryptocurrency and its impact on the
Future of Indian Economy at FinTech Festival India – Chennai Micro Experience. Cryptocurrency
such as Bitcoin has grown in popularity in India, with the volume of Indian
rupees traded in cryptocurrency at an all-time high. I had interesting
discussions on the views on Crypto as an asset class in 2021 and beyond – the
opportunities, challenges, reliability, and security with Mr.Sharan Nair, CBO
of CoinSwitch and Mr. Arjun Vijay, COO of Giotuss, two of the renowned experts
in this area.” said, Mahesh
Ramachandran, Partner & Fund Manager of Pontaq Cross Border Innovation Fund.
A white paper
on ‘Chennai: A hub for Saas Startups’, published
by FFI’s Knowledge Partner - Ernst & Young (EY), was also unveiled today in
front of the august gathering. The white paper deep-dives into the evolving
start-up ecosystem in Chennai and takes a detailed overview on how the city is
fast emerging as a hub for SaaS based start-ups.
Fintech
Festival India is the country’s largest FinTech confluence to be held till
March 2022. It will witness participation from over 500 Indian and global
leaders and 12,000+ delegates. FFI will see participation from Brazil, Israel,
UK, Russia, Canada, Finland, Japan, Singapore among others.
The
conferences are being supported by Government of India’s Ministry of Finance,
Ministry of Electronics & Information Technology (MeitY), Ministry of Small
& Medium Enterprise (MSME), The Agricultural and Processed Food Products
Export Development Authority (Ministry of Commerce and Industry), Broadcast
Engineering Consultants India Limited ( A Government of India Enterprise –
Under Ministry of Information & Broadcasting) and Startup India (Department
for promotion of Industry and Internal Trade & Invest India). It has also
received support from the Government of Tamil Nadu, Government of Karnataka and
Electronics Corporation of Tamil Nadu Limited (ELCOT).
Fintech
Festival India is being conducted in physical and digital format through 10
Micro Experience Conferences in Hyderabad, Bengaluru, Delhi, Guwahati, Chennai,
Mumbai, Gift City (Ahmedabad) and Pune. The festival will end with a 3-day mega
event in New Delhi from March 9 - 11, 2022.
The next Micro
Experience will be held in Mumbai on 26th November 2021.
In addition to
the government, FFI which aims to unleash the power of FinTech across the
country, has also drawn interest from industry including Indian insurance
behemoth Life Insurance Corporation (LIC) and World Trade Centre Mumbai among
others.