tech innovation, said Maria Katris, cofounder and CEO of Built In. Speaking at the Economic Times World Leaders forum, Katris noted that the advancements in artificial intelligence (AI) will lead to increased job creation.
Katris said that although there has been a tech recession the last two years, there will be a lot of job creation going forward. «India is going to be the future for tech innovation,» Katris added.
Speaking during the startup panel «Catalysts of Change: Crafting the Future Through Startups», Nikhil Goel, CCO, Archer Aviation and cofounder of Uber Elevate, said India has an opportunity for better infrastructure.
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«India has an incredible history, if you look empirically, of leapfrogging into new technologies. Over the last year, venture capital investors are seeing value in India's market and are excited about the opportunity here,» Goel said.
Expressing strong optimism on the growth of UPI in India, Keshav Reddy, founder and CEO of Equal, said that the number of such transactions is set to increase significantly.
"UPI transactions will cross $100 billion a month in a couple of years," Reddy said.
He praised UPI as one of the world's most advanced digital payment systems, surpassing even China's.