Beams Fintech Fund

We are delighted to introduce 𝐓𝐡𝐞 𝐁𝐞𝐚𝐦𝐬𝐭𝐫𝐞𝐚𝐦, the exclusive newsletter from Beams Fintech Fund, thoughtfully curated to keep you informed and engaged with the dynamic fintech and financial services ecosystem.⁣ ⁣ This new edition is designed to keep you well-informed, offering exclusive updates on the Beams Fintech Fund, along with valuable insights into industry trends, regulatory changes, and significant transaction activities within the Fintech & Financial Services Sector.⁣ ⁣ Link to The Beamstream Newsletter: https://lnkd.in/drTAEEVa ⁣ We look forward to keeping you connected with 𝐓𝐡𝐞 𝐁𝐞𝐚𝐦𝐬𝐭𝐫𝐞𝐚𝐦, your go-to source for all things Beams & Fintech. Sagar Agarvwal Anuj Golecha Dr Apoorva Ranjan Sharma Gaurav Jain Anil G Jain Navin Surya Amit Kulshreshtha Deepanshu Sidhanti Atul D.Talekar Soniya Kukreja Aarushi Chatterjee Samrat Shah Mehul Srivastava Diksha Bhatia

India’s financial ecosystem is undergoing a digital transformation at an unprecedented pace, driven by innovation, infrastructure, and policy support. FinTech startups are no longer just disruptors—they are critical enablers, working alongside traditional institutions to enhance financial accessibility, efficiency, and inclusion. In an insightful conversation with Michael Waitze, our Founder & Managing Partner, Sagar Agarvwal, delves into the forces shaping India’s FinTech landscape. From the impact of Aadhaar, UPI, and digital infrastructure to the strategic role of startups in solving industry pain points, the discussion highlights how India is building a globally influential FinTech ecosystem. Through strategic investments and ecosystem-driven growth, Beams Fintech Fund is enabling India’s FinTech companies to solve industry challenges and scale globally. By bridging the gap between traditional financial institutions and innovative disruptors, we are building a future where financial services are more accessible, efficient, and impactful. Watch the full conversation here: https://lnkd.in/d5kD5pSt Sagar Agarvwal Anuj Golecha Dr. Apoorva Ranjan Sharma Gaurav Jain Anil G Jain Navin Surya Amit Kulshreshtha Deepanshu Sidhanti Atul D.Talekar Soniya Kukreja Aarushi Chatterjee Samrat Shah Mehul Srivastava Diksha Bhatia

𝐀𝐚𝐫𝐮𝐬𝐡𝐢 𝐂𝐡𝐚𝐭𝐭𝐞𝐫𝐣𝐞𝐞 𝐢𝐬 𝐞𝐥𝐞𝐯𝐚𝐭𝐞𝐝 𝐭𝐨 𝐭𝐡𝐞 𝐫𝐨𝐥𝐞 𝐨𝐟 𝐀𝐬𝐬𝐨𝐜𝐢𝐚𝐭𝐞 - 𝐅𝐮𝐧𝐝𝐫𝐚𝐢𝐬𝐢𝐧𝐠, 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐑𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬 & 𝐅𝐨𝐮𝐧𝐝𝐞𝐫'𝐬 𝐎𝐟𝐟𝐢𝐜𝐞 𝐚𝐭 𝐁𝐞𝐚𝐦𝐬 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐅𝐮𝐧𝐝 ⁣ Aarushi has been an integral part of our Fundraising & Investor Relations team, playing a key role in strengthening relationships with our investors and driving Beams' capital-raising efforts. Her dedication, strategic mindset, and ability to navigate the dynamic investment landscape have contributed significantly to our continued growth.⁣ ⁣ This well-earned promotion is a testament to Aarushi’s hard work, commitment, and impact. We are excited to see her take on greater responsibilities and continue adding value as Beams scales new heights as India’s leading Fintech-focused Growth Stage Fund.⁣ ⁣ Please join us in congratulating Aarushi Chatterjee on this well-deserved achievement! Sagar Agarvwal Anuj Golecha Dr. Apoorva Ranjan Sharma Gaurav Jain Anil G Jain Navin Surya Amit Kulshreshtha Deepanshu Sidhanti Atul D.Talekar Soniya Kukreja Aarushi Chatterjee Samrat Shah Mehul Srivastava Diksha Bhatia

𝐌𝐞𝐡𝐮𝐥 𝐒𝐫𝐢𝐯𝐚𝐬𝐭𝐚𝐯𝐚 𝐢𝐬 𝐞𝐥𝐞𝐯𝐚𝐭𝐞𝐝 𝐭𝐨 𝐭𝐡𝐞 𝐫𝐨𝐥𝐞 𝐨𝐟 𝐒𝐞𝐧𝐢𝐨𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 - 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐚𝐭 𝐁𝐞𝐚𝐦𝐬 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐅𝐮𝐧𝐝⁣ ⁣ This well-deserved elevation is a recognition of Mehul's exceptional contributions to our investment strategy and his commitment to Beams' mission of backing innovative Fintech & Financial Services companies. Mehul has been an invaluable member of our team, demonstrating sharp acumen in evaluating opportunities, supporting value creation, and contributing to the overall growth of our portfolio.⁣ ⁣ This promotion is a testament to Mehul's dedication, passion, and impact within the organization. We are excited to see his continued growth in this new role as we advance toward Beams' vision of becoming India's leading Fintech-Focused Growth Stage Fund.⁣ ⁣ Please join us in congratulating Mehul Srivastava on this well-deserved achievement! Sagar Agarvwal Anuj Golecha Dr. Apoorva Ranjan Sharma Gaurav Jain Anil G Jain Navin Surya Amit Kulshreshtha Deepanshu Sidhanti Atul D.Talekar Soniya Kukreja Aarushi Chatterjee Samrat Shah Mehul Srivastava Diksha Bhatia

𝐒𝐚𝐦𝐫𝐚𝐭 𝐒𝐡𝐚𝐡 𝐢𝐬 𝐞𝐥𝐞𝐯𝐚𝐭𝐞𝐝 𝐭𝐨 𝐭𝐡𝐞 𝐫𝐨𝐥𝐞 𝐨𝐟 𝐒𝐞𝐧𝐢𝐨𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 - 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐚𝐭 𝐁𝐞𝐚𝐦𝐬 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐅𝐮𝐧𝐝 ⁣ ⁣ Samrat has been a key contributor to our investment team, bringing deep analytical rigor and a strong commitment to identifying and supporting high-potential Fintech & Financial Services companies. His dedication to evaluating opportunities, driving strategic insights, and supporting portfolio growth has been instrumental in Beams’ journey.⁣ ⁣ This well-earned promotion is a testament to Samrat’s hard work, passion, and impact. We look forward to seeing him continue to excel and play a pivotal role in Beams’ mission to build India’s leading Fintech-focused Growth Stage Fund.⁣ ⁣ Please join us in congratulating Samrat Shah on this well-deserved achievement! Sagar Agarvwal Anuj Golecha Dr. Apoorva Ranjan Sharma Gaurav Jain Anil G Jain Navin Surya Amit Kulshreshtha Deepanshu Sidhanti Atul D.Talekar Soniya Kukreja Aarushi Chatterjee Samrat Shah Mehul Srivastava Diksha Bhatia

🌏 India and Japan: Unlocking the Next Chapter of Global Fintech Collaboration ⁣ ⁣ With Japan's direct investment in India soaring from JPY 282 billion in 2014 to JPY 1,082 billion in 2023, and a monumental JPY 5 trillion investment announced under the 10-year strategic partnership, the potential for innovation and growth has never been greater. ⁣ ⁣ Amid this transformative backdrop, Beams Fintech Fund proudly hosted the 2025 edition of our 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐔𝐧𝐩𝐥𝐮𝐠𝐠𝐞𝐝 𝐬𝐞𝐫𝐢𝐞𝐬: "𝐓𝐡𝐞 𝐈𝐧𝐝𝐢𝐚 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲, 𝐉𝐚𝐩𝐚𝐧 𝐄𝐝𝐢𝐭𝐢𝐨𝐧", in collaboration with the Fintech Association of Japan. ⁣ ⁣ Held in Tokyo, this exclusive gathering brought together industry leaders, investors, and innovators to explore how India-Japan collaboration can accelerate fintech growth and foster impactful global partnerships. ⁣ ⁣ A heartfelt thank you to Tomoyuki Nii-San, Director of Overseas Investments at SBI Investment, and Nobutake Suzuki-San, President & CEO of MUFG Innovation Partners, for sharing their invaluable insights on how these two prominent financial institutions are increasingly bullish on India and their growing interest in investing in the Indian VC/PE space. Their perspectives underscored the immense opportunities for collaboration within the India-Japan corridor.⁣ ⁣ We’re also deeply grateful to our portfolio founders—Vinay Bagri of Niyo Solutions Inc., Himanshu Chandra of Progcap, and Ankit Agrawal of InsuranceDekho—for inspiring the audience with their incredible journeys and groundbreaking contributions to the Indian fintech space. ⁣ ⁣ At Beams Fintech Fund, we are dedicated to building a strong ecosystem of global financial institutions. This event marked another step forward in fostering meaningful connections with leading Japanese Financial Institutions, and we look forward to hosting more such impactful gatherings in Japan and beyond. Sagar Agarvwal Anuj Golecha Dr. Apoorva Ranjan Sharma Gaurav Jain Anil G Jain Navin Surya Amit Kulshreshtha Deepanshu Sidhanti Atul D.Talekar Soniya Kukreja Aarushi Chatterjee Samrat Shah Mehul Srivastava Diksha Bhatia

𝐒𝐨𝐧𝐢𝐲𝐚 𝐊𝐮𝐤𝐫𝐞𝐣𝐚 𝐢𝐬 𝐞𝐥𝐞𝐯𝐚𝐭𝐞𝐝 𝐭𝐨 𝐭𝐡𝐞 𝐫𝐨𝐥𝐞 𝐨𝐟 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 - 𝐅𝐮𝐧𝐝𝐫𝐚𝐢𝐬𝐢𝐧𝐠 & 𝐈𝐑 𝐚𝐭 𝐁𝐞𝐚𝐦𝐬 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐅𝐮𝐧𝐝 ⁣ ⁣ We are thrilled to announce that Soniya Kukreja has been promoted to the role of Principal - Fundraising & IR at Beams Fintech Fund. ⁣ ⁣ This well-deserved elevation is a recognition of Soniya’s exemplary contributions in leading our Fundraising and Investor Relations efforts. Her unwavering dedication, and ability to foster strong relationships with our stakeholders have been instrumental in driving Beams’ growth and positioning us as a leader in the Fintech investment ecosystem. ⁣ ⁣ Soniya’s promotion is a testament to her commitment to excellence. We are confident that she will continue to be a key pillar of Beams’ journey as we scale new heights and strengthen our partnerships with investors and stakeholders. ⁣ ⁣ Please join us in congratulating Soniya Kukreja on this remarkable milestone! Sagar Agarvwal Anuj Golecha Dr. Apoorva Ranjan Sharma Gaurav Jain Anil G Jain Navin Surya Amit Kulshreshtha Deepanshu Sidhanti Atul D.Talekar Soniya Kukreja Aarushi Chatterjee Samrat Shah Mehul Srivastava Diksha Bhatia

𝐃𝐞𝐞𝐩𝐚𝐧𝐬𝐡𝐮 𝐒𝐢𝐝𝐡𝐚𝐧𝐭𝐢 𝐢𝐬 𝐞𝐥𝐞𝐯𝐚𝐭𝐞𝐝 𝐭𝐨 𝐭𝐡𝐞 𝐫𝐨𝐥𝐞 𝐨𝐟 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 - 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐚𝐭 𝐁𝐞𝐚𝐦𝐬 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐅𝐮𝐧𝐝. ⁣ ⁣ We are delighted to announce that Deepanshu Sidhanti has been promoted to the role of Principal - Investments at Beams Fintech Fund. ⁣ ⁣ This elevation reflects his significant contributions to the Beam’s growth and his continued leadership in driving our mission to support transformative Fintech & Financial Services companies. Deepanshu has been an integral part of Beams’ success, playing a key role in evaluating opportunities, driving investments, value creation and fostering long-term growth. ⁣ ⁣ The promotion is a testament to Deepanshu's commitment, dedication, and impact. We are confident that he will continue to be a role model for Beams’ core values and play a pivotal role in our evolution as India’s premier Fintech-focused Growth stage Fund. ⁣ ⁣ Please join us in congratulating Deepanshu Sidhanti on this well-deserved recognition! Sagar Agarvwal Anuj Golecha Dr. Apoorva Ranjan Sharma Gaurav Jain Anil G Jain Navin Surya Amit Kulshreshtha Deepanshu Sidhanti Atul D.Talekar Soniya Kukreja Aarushi Chatterjee Samrat Shah Mehul Srivastava Diksha Bhatia

🎄✨𝐌𝐞𝐫𝐫𝐲 𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 & 𝐇𝐚𝐩𝐩𝐲 𝐍𝐞𝐰 𝐘𝐞𝐚𝐫 𝐟𝐫𝐨𝐦 Beams Fintech Fund!✨🎄⁣ ⁣ As the year draws to a close, we take a moment to reflect on 2024—a year of growth, partnerships, and milestones for the fintech ecosystem. From fostering innovation to supporting visionary founders, we are grateful for the opportunity to contribute to the transformation of India's financial services landscape.⁣ ⁣ To our portfolio companies, investors, partners, and well-wishers, thank you for being an integral part of our journey. Your trust and collaboration inspire us to aim higher and create even greater impact in the fintech and financial services space.⁣ ⁣ As we step into 2025, we look forward to continuing this journey with renewed energy and optimism. Here's to another year of scaling new heights together! ⁣ Wishing you and your loved ones a joyous Christmas and a prosperous New Year! May 2025 bring you health, happiness, and success.⁣ ⁣ Warm Regards,⁣ Beams Fintech Fund Team Sagar Agarvwal Anuj Golecha Dr. Apoorva Ranjan Sharma Gaurav Jain Anil G Jain Navin Surya Amit Kulshreshtha Deepanshu Sidhanti Atul D.Talekar Soniya Kukreja Aarushi Chatterjee Samrat Shah Mehul Srivastava Diksha Bhatia

Did you know that the Digital Lending sector in India has skyrocketed 𝟐𝟓𝐱 𝐢𝐧 𝐭𝐡𝐞 𝐩𝐚𝐬𝐭 𝐝𝐞𝐜𝐚𝐝𝐞? From a modest $𝟏𝟒 𝐁𝐧 𝐝𝐢𝐬𝐛𝐮𝐫𝐬𝐚𝐥𝐬 𝐢𝐧 𝟐𝟎𝟏𝟑 to an impressive $𝟑𝟓𝟎 𝐁𝐧 𝐝𝐢𝐬𝐛𝐮𝐫𝐬𝐚𝐥𝐬 𝐢𝐧 𝟐𝟎𝟐𝟑, it stands out as one of the fastest-growing segments within the Fintech landscape in India, achieving a remarkable 𝐂𝐀𝐆𝐑 𝐨𝐟 ~𝟑𝟖%.⁣ ⁣ We are excited to share our in-depth analysis of the current landscape & the future outlook for Digital Lending, featured in our report, “Indian Fintech Journey: From Evolution to Mega Public Listings.”⁣ ⁣ 1. 𝐃𝐨𝐦𝐢𝐧𝐚𝐧𝐜𝐞 𝐨𝐟 𝐍𝐁𝐅𝐂𝐬 𝐢𝐧 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐋𝐞𝐧𝐝𝐢𝐧𝐠: As of 2023, Non-Banking Financial Companies (NBFCs) & Fintechs command a 70% market share of the Digital Lending market in India - given their focus & agility in digital sourcing, leveraging comprehensive digital data for underwriting & faster turnaround times, surpassing traditional FIs that have been slower to adopt a digital-first approach & strategy.⁣ ⁣ 2. 𝐀𝐝𝐝𝐫𝐞𝐬𝐬𝐢𝐧𝐠 𝐌𝐒𝐌𝐄 𝐂𝐫𝐞𝐝𝐢𝐭 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: With 64 million MSMEs in India, of which only 𝟏𝟓% are digitally & credit mature, the sector faces a substantial credit gap of $530 Bn, presenting a significant opportunity in the MSME lending space. OCEN, ONDC, ULI, UPI & GST is enabling access to better data & cash flow based lending solutions to solve for working capital solutions for MSMEs.⁣ ⁣ 3. 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐋𝐞𝐧𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐝𝐢𝐬𝐛𝐮𝐫𝐬𝐚𝐥 - Prominent Digital personal loan platforms in India (that have a digital first approach in their day to day business operations), such as Moneyview, Fibe, Kreditbee, Navi, Incred, Cred, Paytm etc have collectively disbursed >$𝟐𝟎𝐁𝐧 in digital loans to date.⁣ ⁣ 4. 𝐓𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧 𝐭𝐨 𝐒𝐞𝐜𝐮𝐫𝐞𝐝 𝐋𝐞𝐧𝐝𝐢𝐧𝐠: In response to the heightened regulatory scrutiny on unsecured lending, leading NBFCs & Fintechs are now also focussing on building secured lending books.⁣ ⁣ 5. 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐋𝐞𝐧𝐝𝐢𝐧𝐠 𝐀𝐔𝐌: Digital Lending AUM is projected to reach $𝟏.𝟑𝟐𝟓 𝐭𝐫𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝐅𝐘𝟑𝟎, growing at a CAGR of approximately 𝟐𝟐% from FY23 to FY30. Co-lending & Credit on UPI are expected to be a major contributors, comprising about 𝟏𝟎-𝟐𝟎% 𝐨𝐟 𝐭𝐡𝐞 𝐀𝐔𝐌 by FY30.⁣ ⁣ 6. 𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐟𝐨𝐫 𝐒𝐜𝐚𝐥𝐚𝐛𝐢𝐥𝐢𝐭𝐲: Growth in the sector will be driven by factors such as product diversification, regional and customer segment expansion, strategic partnerships, and strong credit demand among SMEs and lower-income/middle-income groups.⁣ ⁣ Stay tuned as we share more insights from our report into the various subsegments of the Fintech and Financial services ecosystem. Sagar Agarvwal Anuj Golecha Dr. Apoorva Ranjan Sharma Gaurav Jain Anil G Jain Navin Surya Amit Kulshreshtha Deepanshu Sidhanti Atul D.Talekar Soniya Kukreja Aarushi Chatterjee Samrat Shah Mehul Srivastava Diksha Bhatia