They're actually legit folks! They came recommended via a friend who purchased his sofa set from them and I actually have an order for a sofa set as well with them currently. Got to know they are manufacturers after I visited their warehouse/factory in Kudlu. They've decided to go direct to the consumer route themselves and hence the steep discounts and pricing because they pretty much control all their supply, design and manufacturing inhouse.

Consultant

Founder

They're second "hand" by the vance guy :p

Software Engineer

Was browsing Instagram and came across this ad for furniture with extremely beautiful sofas at dirt cheap prices. Something didn’t feel right and went through their products and reviews. Definitely...

Was browsing Instagram and came across this ad for furniture with extremely beautiful sofas at dirt cheap prices. Something didn’t feel right and went through their products and reviews. Definitely seems like a scam. A quick Independence Day sale with jaw dropping prices, scale ads on social media. Book revenue and disappear I guess.

New Scam in the Market!

New Scam in the Market!- Grapevine

Welcome to Indian Startups's Private Community

Just came across another scam by PagarBook. Pagarbook academy. Any one aware what it is ?
Link - https://www.linkedin.com/company/pagarbook-academy/

What Scam is this??

Generalist

Welcome to Personal Finance's Private Community

**News Flash:**

Hi everyone, there is a new WhatsApp stock market scam happening right now. It starts with a random person messaging you, usually with a woman's profile picture, offering free stock market tips. If you agree, they send you a link to join a group. In the group, they conduct two live broadcasts daily, one in the afternoon and one in the evening. They pay you to watch these broadcasts continuously for three days, along with some data pack recharges.

Initially, the broadcasts appear professional, discussing market indices and suggesting stocks. After about a week, they start promoting a "700% wealth surge plan" on your initial investment. They claim that the consulting services you're currently enjoying are worth Rs 50,000 for this quarter. If the 700% gain is achieved, you must pay consulting fees and revenue sharing for two quarters. The fees depend on the information service you choose for the next quarter. If the 700% profit is not achieved, no fees are charged, and future cooperation allows you to choose your desired service level freely.

The stocks they suggest also surge, and people in the group keep posting their profits and praising the "professor" named Hardik. When it comes to the 700% surge plan, they introduce a twist: they ask you to download an app or visit a website to sign up with your Aadhar number. They claim this "Preferred Asset Account" has several advantages:

1. It allows for pre-market trading.
2. It has priority trading rights when purchasing Upper Circuit stocks.
3. The success rate of subscribing to IPOs is higher compared to a regular Demat account.

Believing it to be genuine, you might add your money. Initially, you make good profits, but soon you realize you can't withdraw your money, and eventually, you are blocked by everyone.

The company behind this scam is IEF (International Equity Funds), operated by Meera Patel, Hardik Shah, and Ami Shah from the USA. If you Google them, you won't find any legitimate information. There are also multiple company names associated with this scam, according to my research. Be aware and never fall for these scams with unrealistic profits. Always use trading apps approved by the government, do your research, and be mindful.

Scam Alert

Data Analyst

Earlier this year family decided to get interior work done from livspace, too bad they didn't do much due diligence and got swayed by their sweet talking designer and paid upfront amount.

To add to the pain they've done very bad quality work not delivering what's being promised by their designers, delayed over 40 days and now not responding to rectification queries.


if you believe fellow gv'er please RUN away from livspace or apparently the other startup in same space. 

Both of these have got awful reviews.

Story of how they duped us, one fine evening dad gets an livspace advert (ft hero cricker) on his Instagram, as we had recently purchased a flat we had initially planned to just buy desks wardrobes beds and then move-in without any fuss.

But after the sticker shock of 3bhk interiors for 5lkh from livspace, parents planned try out this interior design thing.

Had went to one traditional end to end interior company they quoted 20lkhs for mid level stuff, so this was our anchor, next went to livspace they initially quoted 12lkh which then got hooked.

They setup a meeting with young person who showed ppts and took some 25k on the spot now in hindsight it's a red flag and we were physiologically trapped and it never once crossed our mid before committing further, slowly they show more things, target mother specifically for kitchen inflated 8lkh now total quotation went to 20lkh, we paid by their terms and did explain all our requirements and confirmed every minute detail. But their execution was awful, poorest quality materials used for custom work. Improper measurements and mis aligned fixtures etc. and still the work was delayed.

After we opened up with our friendly neighborhood carpenter we realised how much we got screwed.

Eg, Billed BWR century ply used noname MR ply.

Now we all are just sad, with lighter wallet.

Got SCAMMED by livspace

Backend Engineer

Welcome to IT Company Discussion's Private Community

🚨 Never rented furniture online? 🚨

I’m working on a project to improve the way people experience furniture rentals, and I need YOUR insights! 🎯

If you’ve never rented furniture online, I’d love to understand why. Your thoughts can help us figure out how to make the process smoother and more appealing for potential users like yourself! 💡 It’ll only take less than a minute of your time!

👉 https://docs.google.com/forms/d/e/1FAIpQLSd8Xvo5fDj8pVr5fig-WAdOYMICrl-PHs4OYs6QCtdDzNy9VA/viewform

Special offer: The first 15 people who complete the form will receive a FREE 30-minute TopMate career coaching call with me! Let’s chat about how you can build a rewarding career in Data and Analytics. 🚀

Why participate? 🤔
Your feedback can help us understand what’s holding people back from trying online furniture rentals, and in return, you’ll get exclusive career insights that could help you take the next big step in your professional journey!

What’s next?
Once you’ve completed the form, I’d love to set up a 10-15 minute call to explore your feedback further. Your input is key, and this is your chance to shape the future of online furniture rentals! 🎤

Don’t miss out—help us improve and gain valuable career advice along the way! 🔥

Thanks a ton for your time—I really appreciate your support! 🙏

#FurnitureRentals #UserFeedback #Survey #CustomerInsights #CareerInAnalytics #YourOpinionMatters #ProjectResearch

This version specifically targets people who have never rented furniture online, encouraging them to share why and offering the same career coaching incentive.

Never rented furniture online? your experience

Data Scientist

Saw bhaiya didis shilling the product. Is it legit?

New Scam in town? *Jobsurance*

I bought this cover from a site called “Cover Souls” which I saw on Instagram ad so I thought of it as a genuine website after scrolling through the page and I got mails as well like the cover has been shipped etc and they gave a tracking link as well in mail which was working fine earlier but now when I am opening that link it takes me to Go daddy website and a msg like the website has been parked and when I am trying to drop mail or reply to the mail that I received from cover souls it is not getting delivered as now the mail id does not exist.
Has anyone faced this kind of issue earlier? This is something new to me!!

Mobile Cover Fraud Alert (tracking link now takes me to Go daddy website)

Welcome to Office Gossip's Private Community

The most important piece of furniture in your home is in need of assistance. How did we end up here? And how can we fix it?

Why Are (Most) Sofas So Bad?

Guide to get a good sofa

Security Engineer

Is it just me or lately too many instagram ads I have been seeing selling courses ranging from AI, FE, BE, Data science, SQL, from today even some courses teaching power BI and all started appearing in my feed. 

Looks like so called tech influencer are trying to cash in on the current market conditions by selling their courses.

Has anyone else seen this trend?

Everyone selling a course of their own

Computer Operator

So finally, someone spoke about this fraudulent startup AstroTalk. How they operate and how they take advantage of gullible people, is completely explained in the video. These kinds of startups need to be busted on LinkedIn and other social media platforms so that no one calls prey for such cheap tactics. This is just another BYJUs in the making. The cofounder is an IIT IIM grad. Shows how greed can even pollute the minds of even highly educated people. Really don't understand how the VCs can be so fucking dumb, funding them with 165 Crores!! Shocking but it isn't surprising since the Indian Startup ecosystem is filled with such scam artists.

Scam called AstroTalk - BYJUs 2.0

Jab tak hum jaise log IIM/IITians ki G chaat te rahenge tab tak ye hume chutiya banate rahenge. 4 din baad tum chutiye sab bhool jaoge fir kisi naye IIT/IIM led startup ko linkedin par praise karoge jab tak wo bubble itna bada na ho jaye ki use criticise kar pao…fir kisi anonymous platform par aajakr “OMG SO FUCKING DISGUSTING” bold doge kyuki linkedin par to tumhari gaand thandi ho jati hai kisi ko criticise karte hue…aur ye cycle bas chalta rahega…so moral of the story is, tum hi log chutiye ho wo nahi.

Product Designer

Sales

Okay, so this happened to me last year. I was approached by a college alumni (got my number from college alumni group) who told me he had a side business going on which was leading him to earn more money than his corporate job and that he was going to leave the corporate for his “business”.

I was initially not interested but he was insistent and also I was looking to explore some options (may be my naïveté) that I asked him more and so he setup a call with his senior to explain more about this “business”.

Now this senior gave all sorts of gyaan regarding how to reach financial independence and picking up on the general mindset of how to make more money. They asked to create a list of 10 things that I desired the most at the point of time which could be solved with more money. I complied thinking it was a good exercise (again, I was a big fool). Now I was connected with another senior who gave all sorts of gyaan regarding how I could make more money and lead to financial independence.

Please note, during all this time I was constantly asking what the business idea was and how it would be achieved but got no response on the details and only white washing regarding how I should be prepared to do anything to achieve my dreams.

Now, it was revealed that I would need to put in 5L as investment to get bigger returns. Since I did not have that money in handy, I was suggested to get a personal loan through their agents. Also not to inform this to parents because they won’t understand this stuff and get “worried”. Luckily I did went with their suggestion and informed my parent about it. Thinking it was a startup idea, I got the investment from my father through an OD in my name.

Now we get onto a call two days later, where they reveal the company QNet and makes me purchase 5L of stuff from their website and explained the business model which was to get other people from your knowing to buy products from this company and get commissions on the sale.

Continued……

Pyramid scheme scam

Bruh... what even?! It's a well known scam. I don't understand how you were ready to put in 5L of your money without going for a simple google search.  
  
 All these IIT/NIT/IIM/AIIMS means they cracked a certain exam. It has nothing to do with guaranteed moral values or even basic common sense. Lesson learnt the hard way I guess.

Supply Chain Manager

A lot of shops around Marathahalli don't seem trustworthy and I have also heard bad experiences of people such as advance paid and furniture delivered too late or poor quality or not to specifications. What are your recommendations?

Where do you buy furniture from?

I'll go first: Scaler, Byju’s and MBA chaiwala

Which indian startups are overrated?

Growth Manager

Today raised $22m series B.

No revenue. 

Video streaming app with Less than 1m daily users in india is valued over $100m... So every random person in india is worth over $100? Lol.

Competition, Chingari, Rooter, both in trouble. Eloelo has worse engagement than both (I looked on data.ai)

Definitely faking numbers to investors, why else would anyone invest.

Eloelo is probably a scam

Investor

Recently moved to a new city and was looking for a flat for rent.

Went through the nobroker app and found some good properties and even took the moneyback plan as it was cheaper than paying brokerage and also had the guarantee of getting my money back so why not!(Foolish me🤡)

This is where all shit begins
- For more than half of the properties listed there, the owner does not pick up the phone.
- The relationship manager(RM) is the most useless person(not sure on what basis they hire), even after mentioning my requirements over call and chat both, he suggests flats which he likes even though they do not match any requirement that I'd mentioned. My requirements were simple of a gated society and within 10kms of my office (not asking for too much ig)
- let's say I even overcome the above 2 obstacles and finally am able to contact the owner and schedule a visit after tons of discussion with my RM, on the day of visit no one answers the call and I'm left stranded😭

And also as a bonus point, get ready to be spammed by their cross-services of packers and movers, rental agreement etc ( received more than 10 calls in a day🙃)

And now when I want my money back they are not at all receptive and just ignore my calls and messages. 
Although it's not a huge amount but I felt cheated and hence wanted to rant and probably help people who are looking for nobroker reviews.

Beware people, it's one of those open scams🥲

Nobroker is pathetic(rant!)

Business Analyst

So on reddit there is a community called desi fragrance addicts. People post their queries regarding fragrances and buy based on other people's personal experiences. Due to that, there is a lot of trust over there. But House Of X has been exploiting that trust. They make an account and keep posting in every comment how their perfume brand blanko is good. Normally a person after seeing an advert,knows that they are exaggerating but if the review comes from a trusted one, they tend to believe it. This is what they have been exploiting.

Adding a link below to the reddit post exposing the whole charade

Raj Shamami's house of X caught using unethical marketing techniques

Any good online space to buy used Ipad apart from Olx

Used Ipad

Analytics Manager

is no broker subscription is worth buying for ? 
If office is in Bellandur then which area should i target for? 

Requirement is space as i am with family and a covered car parking is needed.

Wasting a lot of time of 99acer, magicbrick, no broker, mygate. 

Please help.

which platform is good to search flats and apartments in BLR.

Every few weeks I see his post on LinkedIn about how startups are burning money, and the post ends with his open pitch for a distraction free smartphone, called Seneca, that he is building.

He writes well but i have been seeing such posts for a year now and was wondering if he is really building something or it is just some sort of scam to get funds from people.

Anyone heard of Seneca or Nishant Mittal?

Product Manager

Welcome to News Discussion's Private Community

- Ikea is challenging Ebay, Craigslist, and Gumtree with a new peer-to-peer marketplace called Ikea Preowned.
- The platform will be tested in Madrid and Oslo until the end of the year, with plans for a global rollout.
- Customers can sell secondhand Ikea furniture directly to each other, with options for cash or Ikea vouchers.
- The initiative is part of Ikea's digital transformation and aims to make the company more 'circular and climate positive' by 2030.
- Early listings include items like sofas for €600 and wardrobes for €450, with potential future fees for listings. 

 Source: [Financial Times](https://www.ft.com/content/4b18236f-f2f0-43eb-bb65-5f8d2f30a734)

New Scam in the Market!

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