Hashtag_Insights

Industry has gone through many phases, it all started with industry 1.0, also known as the 1st Revolution in the industrial world. It was all about steam power and mechanization, which brought jobs and the world was introduced to industrialization. During this phase, the world was introduced to steam engines, coal-powered mechanization. It was the growth of the industry, which lead to job creation and boosting the economy. Then came, a new entry in the market which took industrialization to the cutting-edge stage, and industry 2.0 begin. Ford was among the first to set the industry on a new stage with mass production and assembly line. This was the 2nd Revolution an introduction to electrical energy and industry started shifting from coal and steam to electricity. As we all know that Henry Ford, was the one to come up with the concept of the assembly line and increasing production to mass. This was the phase where job creation was on peak, as people use to work in a different shift t...

The Fintech world has witnessed a robust growth in the recent decade owing to the strategic innovation and flexible business structures that allow companies to stand out in the market. The e-wallet market has constantly been looking forth for the opportunity to develop during its life cycle. Moreover, promoting business through collaboration has been a significant strategy for the players in the e-commerce market. For instance, 09th June 2020, PhonePe launched domestic trip insurance in partnership with ICICI Lombard. Moreover, the emergence of COVID-19 has proven the rising consumer reliance on such platforms both for personal safety (maintaining distance) and ease in making transactions. Insights: The network strength in the market is highly important for the players in the e-wallet market. For instance, MobiKwik has over 3 million direct merchants and nearly 140 billers, while PayPal has a network of nearly 25 million merchants globally. Rising investment in the digital payment plat...