Credit and More: Mukesh Ambani’s Financial Foray
What happens when a disruptor like Reliance doubles down in financial services? It’s the network effect really. A large telecom and retail and digital services empire throwing up tons and tons of data … all getting churned from within the Reliance Retail and the Jio ecosystem, captive and waiting to be mined and then monetized profitably through financial services both for consumers and merchants. It’s the Ant, Tencent, Gojek, Grab or even the Singtel playbook one can argue. But isn’t it a crowded Indian market with banks, shadow lenders, and fintech upstarts all jostling for market and…
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