India Stack: Can India Globalise Its Unified Payments Interface (UPI), E-Commerce And Other Digital Solutions

The India Stack, including Unified Payments Interface (UPI) and Open Network for Digital Commerce (ONDC), were set up originally in India to streamline and integrates payments and eCommerce in India. The India Stack has broader applications than just payments (UPI) and e-commerce (ONDC). Other components of the India Stack are e-sign (digital signatures), Digi-locker (documents registry), Aadhaar (digital identity) etc. Their success domestically has not been unnoticed internationally. While UAE and Singapore have shown interest in UPI, Philippines, Morocco, Vietnam, Myanmar etc have shown interest in Aadhaar.

On the panel: Prashanth Prakash, Partner, Accel, India ; Sanjay Jain, Partner at Bharat Innovation Fund & Chief Innovation Officer at CIIE, India