Indian wealth-tech segment to be $60 bn opportunity by FY25: RedSeer report ...Middle East

Indian wealth-tech market is expected to grow three times to about USD 63 billion by FY25 from USD 20 billion in FY20, driven by increasing adoption of digital platforms and growing base of investors, a report by RedSeer Consulting said on Wednesday. The report, titled Wealthtech market in India, noted that only 2 per cent Indians invest in stocks at present, compared to developed economies like the US, where 55 per cent Americans invest in stocks.

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