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Neobank Revolut To Invest INR 5,900 Cr In India Over 5 Years


SUMMARY

Revolut’s group chief banking officer Siddhartha Jajodia said that a chunk of the capital will also be utilised to shore up the company’s global capability centre (GCC) in the country

Terming India as a key growth market for Revolut, the company also said that it plans to onboard 2 Cr customers in the country by 2030

While Revolut entered India in 2021, it received the PPI licence from the RBI only in March this year and plans to launch its offerings soon

UK-based…



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