FloatingRaccoon
FloatingRaccoon

How many of y’all think this wasn’t cool?

Context: Pine Labs ran an ad on X, poking fun at PayTm’s regulatory challenges with RBI. We got a lot of backlash for it but I’m curious to know what folks in this community think about it?

Post image
13mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
FluffyCoconut
FluffyCoconut
Cisco13mo

It’s actually a fine job done as a competitor.

FluffyCoconut
FluffyCoconut
Cisco13mo

The point of advertising is to sometimes attack the competitor. A fair business strategy

CosmicLlama
CosmicLlama

I don't think this is as a competitor alone. This is due to pain as well. Paytm overpriced it's ipo and crashed the valuation of other fintech companies. If paytm post ipo was successful, this wouldn't have happened.

This is a dog eat dog world. But not this much.

MagicalQuokka
MagicalQuokka

Only cool as long as PineLabs isn't doing the same shit as Paytm under the wraps

DancingQuokka
DancingQuokka
PayTM13mo

I might be biased but I lost the respect I had for Pine labs and the management that might have approved this.

I can see plenty of examples on twitter aligning with my POV as well. AFAIK it hurt Pine labs more than it hurt Paytm.

FloatingRaccoon
FloatingRaccoon

Thank you for your feedback.

FloatingWaffle
FloatingWaffle

As far as I feel, the only reason you are getting flak is because there is a bhakt population for PayTM.

Many companies attack each other like this. Even fk sometimes takes a dig, so did Mercedes, bmw, Toyota etc in their ad camps.

My suggestion is if it counts, back your game. Double down And elaborate next time. Just do your best to keep out of nationalist politics because the other side will use that angle for sure

FloatingRaccoon
FloatingRaccoon

Completely agree

SwirlyLlama
SwirlyLlama

I personally loved it. India needs more witty banter in advertising.

PeppyPancake
PeppyPancake

Doesn’t matter! But there definitely should be healthy competition.

BubblyBoba
BubblyBoba

I felt it's cool banter. I guess retail investors might have felt bad

FloatingKoala
FloatingKoala

I did not find anything wrong with this ad. They are competitors, they will fight and sometimes they will fight hard.

FuzzyPickle
FuzzyPickle
Amazon13mo

Be careful, Competition and poking are not the same. Pinelabs is a very mature product no doubt. Kudos to them for making it this Big

ZestyPenguin
ZestyPenguin

Dint paytm take such digs at gpay long back? Not sure but vaguely remember the founders went bonkers challenging the competitor in their townhall! So, this is just reaping what they sowed!

Discover more
Curated from across
Fintech India
by ZippyBiscuitStudent

Pine labs

Didn't pine labs taunt paytm for newspaper advertisement. Now all I see on X is Pine Labs promoted ads

Post image
Indian Startups
by PrancingPickleProduct Engineer

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

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 move...

Post image
Top comment
user

And how is the system unfair? IF at all JioFin were to acquire Paytm's unit, there is nothing wrong, any busines...

Personal Finance
by SqueakyMuffinZomato

Going to buy Paytm Stock

RBI is a big bully, everybody knows that. RBI has bullied the likes of HDFC, ICICI and a lot of fintech startups. All it wants is that these folks are compliant with the rules.

RBI is one of the most stringent Central banks in the world...