India’s technology startup ecosystem has grown exponentially in recent years and now appears to have caught the eye of startup enthusiasts in the UAE. The Middle East nation is keen to elevate disruptive Indian fintech startups by providing them an international platform and financial support. Within a two-year incubation period in the RegLab, startups are expected to make their product commercially viable. While India’s fintech sector peaked in 2015, with investment reaching USD$2 billion, UAE’s fintech sector is showing signs of steady growth. “Wealthy Indians residing in the UAE are willing to support Indian startups to bring innovative technology to the country,” says Jhingran.

Source: Forbes June 13, 2017 08:37 UTC