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Is ‘Cashless’ The New VC Gold Rush In India?

by dealstreetasia.com posted 1year ago 1973 views
For venture capitalists chasing the next big thing, demonetization seems heaven sent. It is oozing ingredients of a great investment thesis: A large potential user base, and huge revenue potential. After all, everyone needs to spend money. And the massive push for a ‘cashless’ economy by the government only seems to be getting stronger.