Interesting choice of market segment you’re tracking

Software Engineer

Probably the worst of all substances, it doesn't even get you high in traditional sense, more like drinking 1000 red bulls.   
  Though a very good drug to complement with other drugs like DMT.  
  Better methods have made coke more pure and cheaper.

Wall Street bois writing about their passion

Product Manager

Any plans of delivering this through swiggy?

Software Developer

Welcome to News Discussion's Private Community

Market regulates itself!

Market regulates itself!- Grapevine

Welcome to Personal Finance's Private Community

https://m.economictimes.com/tech/startups/p2p-lenders-to-stop-liquid-funds-as-rbi-peers-into-business/articleshow/108686922.cms


https://twitter.com/ravihanda/status/1771021456287088858

P2P Lending firms self regulating to stop instant withdrawals from 1-Apr

Hiring for a bunch of roles for an early stage startup. Salaries of people who have been laid off is through the roof

2-3 years experience asking for 30-40l and while we chose not to judge the experience and spoke to a few of them, most of them are not even worth half of the pay. 

Many are jobless since last 2-3 months and none of them are willing to take a paycut of even 5-6L and are willing to stay jobless ( probably have a ton of savings )

Market correction is necessary.

Roles : PM, software engineers, generalists

What's wrong with salaries

Heading back to the stone age

Consultant

Stock

Product Owner

Welcome to Banking & Finance's Private Community

When Hindenburg Research released its report last year accusing the Adani Group of fraud, its motive was clear. Hindenburg would short the Adani companies, their stock prices would go down because of its report, Hindenburg would make money.

Earlier this month Hindenburg released another report accusing SEBI chairperson Madhabi Puri Buch of, I don’t know, possible conflict of interest when it comes to Adani? SEBI hasn’t done much about all the fraud accusations against Adani, but it did investigate Hindenburg itself for what it thinks is insider trading.

But SEBI is a regulator! Not a company! There is no SEBI stock for Hindenburg to short. Whatever was Hindenburg hoping to get out of this report? It’s very unlikely it expected the entire Indian market or even the Adani stocks to fall with this report. If you have ideas, let me know.

Hindenburg’s main accusation was that Madhabi Puri Buch had invested in the same fund which had been used to invest in the Adani companies to pump up their stock prices. Roughly, here’s what transpired:

continued on the link

Short seller shorts the regulator

Short seller shorts the regulator... Hindenburg returns SEBI's favour

- Infra.Market, backed by Tiger Global and Accel, has chosen eight investment banks for its upcoming IPO, aiming to raise over $500 million.
- The selected banks include Kotak Mahindra Capital, IIFL Capital, Goldman Sachs, Jefferies, ICICI Securities, HSBC Securities, Motilal Oswal Financial Services, and Nuvama Wealth Management.
- The IPO is expected to be a mix of fresh issue and secondary sales, providing an exit for top VC investors.
- The issue size is projected to be between $500 million and $700 million, with potential for a higher amount based on market conditions.
- Infra.Market's subsidiary, RDC Concrete, plans its own public market debut in January 2025 after divesting a 10% stake worth $20 million in 2023. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/ipo/tiger-global-accel-backed-infra-market-picks-8-i-bankers-for-mega-500-mn-plus-ipo-12811099.html)

Infra.Market Selects 8 Investment Banks for $500M+ IPO

Journalist

- Pravin Jadhav, founder of Dhan, shifted focus from mass investors at Paytm Money to high-frequency traders in futures & options (F&O) with his new venture.
- Dhan acquired Moneylicious for the necessary stockbroking license and offered free access to TradingView, setting it apart from competitors.
- The F&O market in India saw a record turnover of Rs 8,740 lakh crore in March 2024, with Dhan's user base growing over 300% to 560,000 active users.
- New tax proposals and SEBI regulations may challenge the sector, but investor interest in Dhan remains strong as it seeks funding to manage tax implications.
- SEBI's new circular on transaction fees could lead to changes in the brokerage model, impacting platforms like Zerodha and Dhan. 

 Source: The Arc

Investors Compete for Stake in Discount Broker Dhan Amid Regulatory Changes

Welcome to Indian Startups's Private Community

Controversial take below:
No doubt that PayTM has been a poster-boy of Indian fintech startups. And Vijay Shekhar Sharma has been an exceptional entrepreneur: building PayTM into a homegrown brand and a multi-billion dollar public company. To that extent, PayTM does deserve a lot of respect from the entire startup community and all of us.

But in current context, they were found to be persistently non-compliant on certain regulations: regulations which are not new and which exist for the protection of consumer interest and overall trust in the ecosystem. That PayTM failed to adhere to them, is squarely on them. That is just oversight or just negligence on their part, and they are facing the consequences of their (in)action.

Why then this show of support for PayTM, who clearly is at fault here? Is it just sympathy for VSS and other PayTM employees who see a lot of their wealth dissipate overnight? Is it just teenage rebellion spirit against the "system" and believing startups are above them? Or is it just accepting that it is okay to cut corners, almost with the guilt of knowing we have erred similarly too?

I get the respect for the company and VSS, I do. But to present them as heroes who have been hard done by regulators, is a grossly misleading narrative.

PayTM, not a victim

Investor

Becoz of GST many companies are pivoting or changing gaming algo to make players loose to pay GST. Game of chances are being launched

1. MPL , Launched betting games 
2. Zuppee , teen patti and betting games 
3. Games craft , rummy circle rigged card distribution
4. Tradex , Probo Mostly will shut down 
5. Rummy apps , Better opinion , tamasha and other small companies are planning to shut down RMG part
6. Nazara acquired RMG companies are unable to operate 
7. Octro is closing the RMG app. 

What more ? If anyone knows do share up.

RMG (Real money Gaming) companies going dead

Founder

Are glassdoor reviews removed by companies when they are on hiring spree?

IPOs are getting crazy !!!

Post Paytm debacle, government and RBI is wary of duopoly in UPI space.

30% cap on UPI apps ain't working as well.

What do u think about future of upi and digital payment?

As the deadline capping UPI Apps' market share to 30% approaches, the central government has taken a stance to not actively intervene in its enforcement or deferral.

Govt Decides To Not Intervene In UPI’s 30% Market Cap Deadline

Walmart and Google rules 90% UPI transaction

Senior Consultant

What’s the chatter regarding Indian startup’s in agritech? Dehaat, Waycool, Ninjakart etc.. hear they’re hunkering down but are likely to survive the next couple of years at least…

Agritech scene

Now on this post just let me highlight few points as read from CCI vs google legal battle.
1. Google incentivize all the android manufacturere to not preload any app store(eg: thats why samsung store is laying like a undercontructed producted ).
2. To pre load any of google aap the OEM has to put all the apps that google want or esle play security wont pass.
3. You can not host any app which redirect to another app store or behave like app store on play store.
As you can see how google used android , a "open source" eco system to force this google play billing system.
Now android occupy 94% of user base here so its either on play store or you miss market. Sideloading is errered with crazy level of steps and warnings to prevent on play store app deployment.
And as a bonus as google TnC say you can use 3rd party billing for "digital services" why is youtube still on play store it dont use google play billing system.
Also google want the payment details of every transaction. Basically it want to study next profitable business to either buy it or clone it and with transaction details its much easier.

Delisting of 10 apps and the startups vs google

Was reading a thread where people were saying don't be in shock if Ambani/Reliance starts making move after RBI's action on Paytm. I initially thought it to be a meme. Now I am just curious. 

Is the system really fair to allow such moves by the rivals after penalising them?
Or is the system that rigged to make sure their friends can get all the business to technically get the favors, funds, etc? 
Any thoughts on this? 
Whether is it too cruel and unfair that system just can't come into action to stop such moves otherwise how the startups anyway could rival the innovation that happens in the West if our own system anyway is there to cripple in such scenarios or do you think it's all fair in the name of business (you donot follow regulations, you will have to suffer eventually)? 
PS:- This is just to have a healthy discussion without any biases intended, with no political agenda in mind. I hope you'll keep the discussion healthy and interesting. 
Picture source:- stocktwits(ig)

Is system really fair? Thoughts on JioFin acquiring Paytm Wallets biz.

Product Engineer

Entire team at media.net is laid off.
Whole BU is laid off including analyst & senior PM's.

Layoff at Media.net

Ashneer Grover statement on RBI vs Paytm

https://m.economictimes.com/tech/technology/non-chinese-lending-apps-including-payus-lazypay-kissht-blocked-on-meitys-order/articleshow/97656552.cms

Market regulates itself!

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What if this was posted in twitter?