Pivots of Transformation: Wealth-Tech Platform Scale-Up slide image

Pivots of Transformation: Wealth-Tech Platform Scale-Up

Way Forward Opportunity Growing digital natives cohort Digital native Population distribution (in millions) _ population -LI 2026 467 120 354 262 224 2021 476 106 347 237 189 ■0-19 yrs ■Gen Z (20-24 yrs) ■Millennials (25-39 yrs) Gen X (40-54 yrs) ■> 55 yrs Digital natives comprising GenZ and Millennials are expected to increase by 15 mn - 20 mn annually for next 10 years Improving digital infrastructure... Digital India led by "Aadharisation" Internet users 622 mn, 43% of population Mobile connection: 1.2 billion³; 79% of the total population Low data cost ܀ Capital flowing into fintech driving innovation Source: Census of India, Kantar, 2020, IMF, BCG # of cities Widely spread affluence across India & Bharat... 2016 2025 270 64 48 0 > 40% 21-40% % Share of affluent households Cities/towns with over 20% of population having annual household income greater than 1 mn will increase to 318 from 642 Increase in India's financial Assets 2025 2020 10% CAGR $ 5.5 tn $ 3.4 tn
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