DPI dependent Indian startups valued at $100 billion: Nandan Nilekani

Mumbai, Infosys co-founder and chairman Nandan Nilekani on Wednesday said startups powered by India’s digital public infrastructure are valued at $100 billion. Speaking at the annual Global Fintech Fest here, Nilekani said the very idea while building an Aadhar or unified payments interface (UPI) was to build the rails that could be used by the private sector or entrepreneurs to come out with innovative offerings.

“The estimate is that the market value of startups on top of India’s DPI is about $100 billion,” he added.