India's fintech ecosystem made significant strides in 2019, though its progress could be slowed this year, despite investments from LGT Lightstone Aspada. In Q4 2019, India overtook China in terms of fintech funding for the first time, raising nearly $1.9 billion, compared with China's $298 million total, per CB Insights.

https://www.businessinsider.com/vivriti-capital-raised-50-million-to-provide-loans-2020-3