As capital becomes more selective, the ability to translate growth into sustainable returns will increasingly determine which financial services businesses attract investment. In a higher-cost environment, strong funding models, sound unit economics and regulatory resilience will matter as much as the opportunity to scale. India’s financial ecosystem continues to offer significant headroom for growth, but the next phase will reward businesses that can grow sustainably, not just rapidly.
Vivek Iyer
Partner Financial Services Risk Advisory and NBFC Industry Leader, Grant Thornton Bharat