RBI guidelines regarding lending has started hitting hard on fintechs. Phonepe was about to pivot its business model to lending to turn profitable.

15mo ago

GigglyNarwhal

Stealth15mo

They're still developing it. It's a good thing for consumers and businesses as now there is more clarity on what is expected .

SillyJellybean

PhonePe15mo

That's not completely right. PhonePe was never going to lend on its balance sheet. It was to only act as a platform/distributor for the loans.

BouncyPotato

Meesho15mo

These new age companies are priced to perfection. Even minor blimps will have massive impact on shareholder confidence. Expect to see this across all startups going for IPOs at losses and muted revenue growth

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by QuirkyBurritoProject Manager

Dead 11

Do you guys agree with the list? Anymore candidates

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