Top fintech trends of 2020; The founder who uses war tactics to stay ahead; A Swadeshi social network; and more.

This year, the Indian fintech startups roped in nearly $1.7 billion in funding in the first six months of 2020, doubling from last year’s $726.6 million, despite a global pandemic, a KPMG report showed.

Monday November 30, 2020 , 3 min Read

This year, the Indian fintech startups roped in nearly $1.7 billion in funding in the first six months of 2020, doubling from last year’s $726.6 million, despite a global pandemic, a KPMG report showed. In fact, Indian startups saw VC financing at a time when global fintechs saw a stark slowdown, falling almost to 2017 levels.

For edtech startup Unacademy — whose "audacious goal" is to build a Netflix for education — the year 2020 had some positive news. Not only did it enter the unicorn club in September, but touched $2 billion in valuation earlier this week.

Everything is fair in love and war. And, the story of Jaspreet Singh, Founder and CEO of Druva, would give you some insights into the competitive world of the startup ecosystem. The Pune and California-based SaaS startup is among the few private companies to generate $100 million in annual recurring revenue (ARR).

Stay tuned as we bring you more top stories.

“You have to be in the market every day, you need to fight every day, and you need to win every day. The vision and courage of leaders shows up in times of crisis.”

- Manoj Kohli, Country Head, Softbank India

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