India, March 28 -- India processed over 228 Bn UPI transactions in 2025, with a total value nearing Rs.300 Lakh Cr, surpassing the combined digital transaction volumes of several major global economies. According to the PIB, UPI alone now accounts for nearly half of all non-cash transactions worldwide.

This scale was unthinkable a decade ago.

Thanks to the UPI, India's fintech ecosystem has expanded rapidly over the past 10 years. It has now become the third-largest globally by unicorn count, with more than 850 funded startups and 26 unicorns. The sector has attracted over $32 Bn in funding since 2014.

The momentum is also spilling into the public markets. Around 10 fintech companies are already listed on Indian stock exchanges, while ...