Siddharth Mehta Bay Capital

 The financial services sector has experienced significant disruption since the start of the world financial crisis in 2008. The emergence of the FinTech sector was partially influenced by public dissatisfaction with conventional financial institutions and their inability to adjust to shifting consumer demand. 30% of all digitally active consumers use fintech solutions, up from 15% in 2015, according to the EY Fintech Adoption study. As more people accept the digitalization of banks and gain access to essential financial services via technology, the industry is anticipated to continue expanding. According to Siddharth Mehta, Bay Capital CIO and Founder, FinTech is one of the most well-liked sectors in the current economy in terms of potential for short-, mid-, and long-term growth.    When thinking about social FinTech, it's important to distinguish between companies that are already socially responsible and those that have formalized CSR practices. On the other hand, soc...

In terms of employment, today's digital revolution is a mixed bag claims Siddharth Mehta of Bay Capital . Despite the fact that automation is threatening both blue-collar and white-collar professions across many industries, it is also creating opportunities in fields like warehousing and e-commerce that are at the vanguard of this change. Some of the more recent employment generation mechanisms are included in a new report by AIMA and KPMG on the "socio-economic impact of digital transformation" in India. According to the research, the expanding e-commerce business is generating job possibilities in the logistics sector and is also spurring the creation of new supplier-side services. From Rs 2,484.9 billion in 2017 to Rs 8,526.5 billion in 2020, the e-commerce sector is predicted to grow at an average rate of 51%, creating the possibility for opportunities in the marketing, content development, and warehouse management fields.   As per Siddharth Mehta , founder of Ba...

    Siddharth Mehta who is a founder and CIO of Bay Capital shares about the growth of digital transformation in an Indian Market at BQ Prime. Read the full article at: https://www.bqprime.com/in-the-news/talking-point-with-bay-capital-s-siddhartha-mehta  

  Founder and CIO of Bay Capital, Siddharth Mehta says the modern economy is becoming increasingly dependent on digitalization, which has given rise to a brand-new phrase, "Digital Economy", as it promises to rapidly expand.

  After the pandemic the growth of digitalization has been tremendous says Siddharth Mehta , IL&FS Former Director and current Bay Capital Founder & CIO.  

  In a collaboration with Shweta Papriwal, Supervisor, indiainfoline.com, Mr. Siddharth Mehta, Organizer and CIO Under control Capital said - 'India ends up at an extraordinary enunciation point and similarly as the India of 2021 is totally different from the India of 2010, we are sure that the India of 2030 will vary considerably moreover, so we are as energized by the India story today as we have at any point been.' Current Indian market elements, how the Coronavirus influence is saturating the monetary business sectors, and its effect on individual organizations? The horrendous impacts of the pandemic were deplorable and will leave an enduring heritage across ventures and all through the world, India is no exemption. Nonetheless, it additionally prepared some patterns to speed up development and improvement. Benefit pools, a portion of the overall industry pools, and income pools have additionally combined, for instance, ~90% of gradual non-bank contract loaning is worked wi...

  India has a new imperative of digitalization. Everyone is discussing digital business or implementing digital methods in their business. Recently, Siddharth Mehta IL&FS , former director and current founder and CIO of Bay Capital, believes that "companies must think 'digitally' if they are to compete and grow in the next ten years”. Digitization is the use of digital technologies to reinvent business models and increase revenue and value-added opportunities. Digital business models are changing. It encompasses digital technologies' ability to collect data, spot trends, and make smart business decisions, as well as the process of converting old business models to new technologies.  The introduction of digital technology will increase productivity and efficiency. Cloud computing, mobile devices, big data and analytics are some of the new technologies being developed that can help increase an organization's productivity and efficiency. Furthermore, some compan...

  Going digital has long since stopped being a buzzword. According to Statista, about half of the world's population regularly uses the internet. Siddharth Mehta IL&FS Former Director and currently Founder and CIO of Bay Capital , lauds the Indian government for embracing digitization on a national scale. As a result of the digital transition, it appears that everyone is now utilizing their smartphone to access the internet and simplify their everyday tasks. These days, instantaneous commercial transactions and global online travel are not trends but rather everyday requirements. Software may easily digitize your business with so many possibilities available. You can keep up with trends throughout the world by digitizing your data and apps. Every aspect of society, including businesses, the government, healthcare, the media, science, etc., has experienced digital transformation or digitalization. It developed into a stimulant for corporate activities both inside and exter...

Apps from the government that are helpful might help you learn more about services and discover better methods to access them. While appreciating Indian Government for penetrating digitalization in the country Siddharth Mehta Bay Capital says, “these applications, especially the new ones released by the Indian Government, may be very helpful in circumstances like a shutdown or when preserving Social Distancing because you can use the app to perform your responsibilities rather than going to the government offices”. Continue reading to learn more about practical government applications and to discover ways to download them to your smartphone. 1: Arogya Setu App The Aarogya Setu app was released by the Indian government in an effort to aid citizens during the COVID-19 epidemic.  It provides access to crucial health-related information for Indian individuals. The app is being created to combat the continuing epidemic and aid in the Department of Health's outreach efforts. You...