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From open finance to electric mobility: Finfactor and 3EV signal India’s next phase of tech growth

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India’s open-finance and EV ecosystems are accelerating into their next phase, with leaders from both sectors pointing to scale, reliability and deep tech as the forces shaping the next five years.

The most significant signal came from the account aggregator (AA) space, where Finfactor and its RBI-licensed arm Finvu AA have crossed 50 million users—an adoption curve that CEO Vamsi Madhav said was driven by a mix of customer readiness and policy.

“Customers have seen the power of convenience,” he said, adding that regulatory pushes to onboard…

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