Hard to believe Eternal/Zomato is now 7x Swiggy markecap. I know why but it still amazes me
Deepak Abbot
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101: How to devalue your most valuable currency 👎
🚨 NEW: GoKwik named 9 startups its employees cannot join or associate with if they want to retain their stock options. Even vested-but-unexercised ESOPs are at risk, with restrictions extending two years after employees leave.
Razorpay, CRED, Pine Labs, & others namedView quoted post on X
"Options trading masterclass" sellers make way more money than options traders 💀 revenue ≠ who’s actually doing the hard thing
dhruv rathee's AI app made ₹47 crore in one year. no funding.View quoted post on X
sarvam, india's sovereign AI, made ₹45 crore in FY26. it has a $1.5 billion valuation and government GPUs.
a youtuber's wrapper outsold the national AI. bhai what are we doing
Another way to look at it - may be we have hit a saturation on UPI merchant acquisition? All new "merchants" under long tail are happy to keep accepting under P2P. I don't buy the point that due to zero MDR or delay in subsidies, players like Paytm, PhonePe etc stopped onboarding merchants. They have incentive to sell their sound box to new merchants to recover their acquisition costs.
UPI merchant payments share has stagnated since October 2024, as lack of MDR hurts merchant acquisition by apps and banksView quoted post on X
By @AnandJRAnand
moneycontrol.com/technology/upi…
