VCCircle FinServ Summit 2019 | Mosaic Media Ventures | 27 August 2019 | ITC Maratha, Sahar Rd, Sahar, Andheri East, Mumbai, Maharashtra 400099, India

The Indian financial services sector has been enjoying a natural growth momentum even as the economy swung from highs and lows of global crises over the past decade. Not surprisingly, it has been one of the favourite sectors for private investors to bet on and has generated alpha for almost every PE firm that has built an exposure to the sector.

The financial services sector has attracted over $40 billion of private equity money over the last two decades, accounting for around a sixth of total private investments in the country, according to VCCEdge, the data research platform of Mosaic Digital. It received more than $4 billion in the past 12 months alone and was voted as the favourite sector by top PE executives in the VCCircle annual survey for 2019.

However, the sector has been in the midst of high turbulence over the last two years. While banks were laden with bad loans, non-banking financial companies (NBFCs) were seen as a big opportunity. But over the past 12 months the narrative has changed, with the bank NPA problem being overshadowed by the liquidity issues of NBFCs and apprehensions about the country’s shadow banking system at large.

There have also been disappointments about some emerging segments like payments bank. And even though fintech has become the new mascot of opportunity in the sector, it is yet to create winners who have shown they can conquer more than one or two verticals while building a scalable sustainable venture.

Nevertheless, the industry has seen a lot of corporate activity across its various branches over the past few months.

2019 Speakers

Rajiv Sabharwal
MD & CEO, TATA Capital

R Sridhar
Executive Vice Chairman & CEO, Indostar Capital

Sumit Bali
CEO and Executive Director, IIFL Finance

Rakesh Jain
Chief Executive Officer, Reliance General Insurance Company Limited

Suniti Nanda
Fintech Officer, Government of mahashtra

Bama Balakrishnan
Chief Finance Officer, Northern Arc Capital

Roopam Asthana
CEO, Liberty General Insurance

Dr. S Prakash
Joint Managing Director, Star Health Insurance – India

Dr. Bhaskar Dasgupta
Financial Centre Development Associate Director - Financial Services Regulatory Authority, Abu Dhabi Global Market

Saurabh Sinha
Joint Vice President & Business Head - FinTech, Telecom & Diversified Markets, TransUnion CIBIL India

Gaurav Kumar
Founder & MD, Vivriti Capital

Alok Mittal
Co-Founder & CEO, Indifi Technologies

Mandar Agashe
Founder & Vice Chairman, Sarvatra Technologies Pvt. Ltd.

Karan Bhatia
CEO, LendEast

Rohit Gulati
CEO, UTI Capital

Satyam Kumar
CEO & Co-founder, LoanTap

Yogendra Singh
Head of Data Science & Analytics, TransUnion CIBIL

2019 Sponsors and Partners

KNOWLEDGE PARTNER:
TransUnion CIBIL

BRAND PARTNER:
Adfactors PR

POWERED BY:
VCC EDGE