1.
INDIA'S PLATFORMS LEAPFROG
Dr. Pramod Varma, @pramodkvarma
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Move money from any bank to any bank from any app instantly!
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INSTANT
Instant money transfer
and near real time
settlement across banks.
INTEROPERABLE
Send money from SBI to
ICICI using a 3rd party app.

3.
Go from having no SIM to making calls in 183 seconds
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KYC
would mean typically 48
hours before activation of a
pre-paid SIM.
Jio issued 120 Mn
SIMs in 7 months

4.
4 4
Internet GPS
OS Smartphone
Maps Payment
Cloud Infrastructure
World-Class Products
are built on API based
PLATFORMS

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Aadhaar Auth Aadhaar eKYC
eSign Digital Locker
DEPA UPI, APB, AEPS
Mobile, Internet, GPS, Cloud
World-Class Products
are being built
on INDIA STACK,
a set of open API based
PUBLIC PLATFORMS

6.
India has a unique digital Infrastructure
A set of serendipitously developed open APIs, built as public good
2 31 64 7
eSign UPI
BHIM
GSTNAadhaar
Auth
FastTag
ETC
8
Bharat
Bill Pay
(BBPS)
5
eKYC Digi-
Locker

7.
7
Mobile Connections
Aadhaar Enrolments
Unique Bank Accounts
Internet Users
1.21 Bn
1.19 Bn
500M
462M
Social Media Users
375M
India is fast
going digital

8.
The usage is coming primarily
from Govt, Banks & Telcos
8.4 BN Aadhaar Authentications In The Last Year
There are now 5x as many
Aadhaar Authentications daily
(64 mn) than Card Transactions
at PoS (12.7 Mn)
8Source: UIDAI website
Monthly
Cumulative

9.
3 Billion eKYCs This Year
Regulatory pressures to validate
customers has given eKYC a
huge boost. Of the 3.4 Bn total
eKYCs ever, only 0.4 Bn were
before Nov 2016
About a third of the usage is for
Telecom. Other prominent use
cases are for opening of
financial services accounts
9Source: UIDAI website
Monthly
Cumulative

10.
Right before demonetization,
UPI saw ~100k txn/month.
UPI is at 76.9 Mn in Oct &
5 Mn txns on 7th Nov
UPI Is At 26% Of Card Transactions, In 15 Months!
10Source: RBI website

11.
Source: UIDAI, NPCI, TRAI Website, Conversations with NPCI, eMudhra, Deity officials
287 M
Jan Dhan Bank Accounts
Jan Dhan
1.18 B
Enrolments
Aadhaar
350 M
Smartphones
Mobile
11
12+ B
Authentications
Aadhaar
1.2 B
Authentications/month
500+ M unique ids
340 M
eKYC in 3 years
> 1 M /day
500 M
APB Accounts Linked
1.2 B Txns worth 4.5 B USD in 3 years
> 3 M
e-Sign in 15 months
4.8 M
Digilocker users
1+ B
Uploaded Docs
75 M
UPI Txns a month
~1 B USD a month
1060 M
Phone numbers

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Mobile, Internet, GPS, Cloud 12
Platforms help create more open platforms!
INDIA STACKAadhaar Auth Aadhaar eKYC eSign Digital Locker UPI, APB, AEPS DEPA

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Mobile, Internet, GPS, Cloud 13
Platforms help create more open platforms!
A unique id for every
vehicle, linked with a
pre-paid payment
a/c with a set of
APIs for building
transportation
solutions.
INDIA STACKAadhaar Auth Aadhaar eKYC eSign Digital Locker UPI, APB, AEPS DEPA

14.
Mobile, Internet, GPS, Cloud 14
Platforms help create more open platforms!
A unique id for every
vehicle, linked with a
pre-paid payment
a/c with a set of
APIs for building
transportation
solutions.
INDIA STACK
An API driven
learning platform to
empower 20 million
teachers and 200
million children built
on ekstep.org's open
source platforms.
Aadhaar Auth Aadhaar eKYC eSign Digital Locker UPI, APB, AEPS DEPA

15.
Mobile, Internet, GPS, Cloud 15
Platforms help create more open platforms!
A unique id for every
vehicle, linked with a
pre-paid payment
a/c with a set of
APIs for building
transportation
solutions.
India’s new B2B tax
code, built as an API
driven platform. 8
Million businesses
with 3 Billion
machine readable
invoices on a
platform!
INDIA STACK
An API driven
learning platform to
empower 20 million
teachers and 200
million children built
on ekstep.org's open
source platforms.
Aadhaar Auth Aadhaar eKYC eSign Digital Locker UPI, APB, AEPS DEPA

16.
Mobile, Internet, GPS, Cloud 16
Platforms help create more open platforms!
A unique id for every
vehicle, linked with a
pre-paid payment
a/c with a set of
APIs for building
transportation
solutions.
India’s new B2B tax
code, built as an API
driven platform. 8
Million businesses
with 3 Billion
machine readable
invoices on a
platform!
INDIA STACK
National Health
Protection Scheme
under which
universal health
wallet, EHR, etc. are
being created as API
based platforms.
An API driven
learning platform to
empower 20 million
teachers and 200
million children built
on ekstep.org's open
source platforms.
Aadhaar Auth Aadhaar eKYC eSign Digital Locker UPI, APB, AEPS DEPA

17.
Mobile, Internet, GPS, Cloud 17
Platforms help create more open platforms!
A unique id for every
vehicle, linked with a
pre-paid payment
a/c with a set of
APIs for building
transportation
solutions.
India’s new B2B tax
code, built as an API
driven platform. 8
Million businesses
with 3 Billion
machine readable
invoices on a
platform!
INDIA STACK
National Health
Protection Scheme
under which
universal health
wallet, EHR, etc. are
being created as API
based platforms.
An API driven
learning platform to
empower 20 million
teachers and 200
million children built
on ekstep.org's open
source platforms.
Airspace
permissioning
platform for drones
with digital leasing
and easy access. No
permission, No
take-off!
DIGITAL SKY
Aadhaar Auth Aadhaar eKYC eSign Digital Locker UPI, APB, AEPS DEPA

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Mobile, Internet, GPS, Cloud 18
Platforms help create more open platforms!
A unique id for every
vehicle, linked with a
pre-paid payment
a/c with a set of
APIs for building
transportation
solutions.
Common Bill
collection and
payment platforms
with open APIs to
address 1 Billion
plus bill payments
every month.
India’s new B2B tax
code, built as an API
driven platform. 8
Million businesses
with 3 Billion
machine readable
invoices on a
platform!
INDIA STACK
National Health
Protection Scheme
under which
universal health
wallet, EHR, etc. are
being created as API
based platforms.
An API driven
learning platform to
empower 20 million
teachers and 200
million children built
on ekstep.org's open
source platforms.
Airspace
permissioning
platform for drones
with digital leasing
and easy access. No
permission, No
take-off!
DIGITAL SKY
Aadhaar Auth Aadhaar eKYC eSign Digital Locker UPI, APB, AEPS DEPA

19.
BBPS | Bharat Bill Payment System
API based platform allowing innovation
on delivery models
Ecosystem incentives aligned for rapid
adoption
Multi-channel (web, mobile, offline, etc) with
multi payment methods (card, cash, UPI, etc)
Unbundling bills, access, payments and
rebundling for any-to-any
Bills can go into Digital Locker which can then
be shared with consent for a use (e.g. loan)
~1 Billion
Bills per month
~250 Billion INR
monthly payments
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India is building many DIGITAL HIGHWAYS
without expensive toll gates

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Indian entrepreneurs will address the
scale and diversity of India by
building smart solutions on top of
these DIGITAL PLATFORMS!
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What will you do?

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THANK YOU!
@pramodkvarma