The most underrated trend in the Indian SME space is the next generation taking
over the business.

As India’s average age touches 30, the previous generation of SMEs is
increasingly taking a back seat and the next one is starting to run the show now

It was believed for decades that Indian SMEs are reluctant to adopt technology.
Too comfortable with old ways, why would they try something so different and
unfamiliar? πŸ€·πŸ»β€β™‚οΈπŸ’»

The next generation though is:
- digitally savvy
- hungry to prove itself
- keen to drive efficiency

Combine this with the rise of mobile internet, online payments and a strong
regulatory push towards formalisation.. and you get something UNPRECEDENTED.

Super excited about the next decade for SME fintech and keen to add Velocity to
thousands of Indian businesses! πŸš€πŸ˜Š

#fintech #technology #business #innovation

Posted by Abhiroop Medhekar on LinkedIn