India has one of the largest and youngest smartphone data connected populations in the world. Due to this digital payments are really becoming omnipresent in India which is really a good sign for the larger e-commerce market, said Sameer Nigam, founder and CEO of digital payments firm PhonePe. He said this is being seen in terms of the spectacular growth witnessed by e-commerce marketplaces such as Flipkart and Amazon and foodtech and online grocery firms including BigBasket.
“At PhonePe, we have a very interesting vantage point, because we work with merchants and partners across all of these categories,” said Nigam, …
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