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Reuters
Reuters
Business
By Ira Dugal and Ankur Banerjee

From fast food to autos, India's digitally connected users lure investors

FILE PHOTO: A Sadhu or a Hindu holy man pays the vendor through Paytm, a digital wallet company, after buying a book during the annual religious festival of Magh Mela in Allahabad, India, January 26, 2017. REUTERS/Jitendra Prakash

Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) a month buying necessities like groceries, clothes and gadgets, all by tapping a few buttons on his mobile phone.

"My only offline spends are bars and restaurants, when I go to meet friends," said the 24-year-old engineering graduate.

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