The Account Aggregator Hackathon, hosted by Sahamati, is India’s inaugural ecosystem event for developers building in this emerging infrastructure space.
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![The Indian tech venture experience: Relevant for African markets? EMVC on the NewThink Podcast [Listen]](https://images.squarespace-cdn.com/content/v1/589a49b8ebbd1a9503ab56de/1578781681902-BDY2I2F9LN9S0RS5S1UE/image-asset.jpeg)
EMVC’s Melissa Frakman discussed India’s tech venture ecosystem and its possible lessons for African markets on the NewThink Podcast with Africa Investment Advisor and Atlantic Council Fellow Aubrey Hruby and W. Gyude Moore, Policy Fellow at the Center for Global Development and former Minister of Public Works of Liberia, along with Lucy Parry, Co-Founder of Carry1st in Nigeria.
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“As this digital transformation unfolds, it will create significant economic value for consumers, businesses, microenterprises, farmers, government, workers, and investors - particularly in newly digitized sectors like financial services,” says the recently released report.
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The well-attended talk centered around how global entrants and new startups can participate in India’s booming credit landscape targeting both small businesses and consumers, as well as the nuances of the business including approval rates, credit underwriting, and merchant acquisition.
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Like nearly 900 million people in India, Devi has never used a smartphone or accessed the internet. The race to bring those millions online, adding to more than 500 million Indians already connected to the internet, is being contested by the biggest global names in tech. And they're shaping the future of the internet in the process.
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