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Romit Mehta

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@romitme

Investor @LightspeedIndia | 4th best Catan player in a group
3.9K Following 3K Followers 7.8K Posts

Latest posts 5

Romit Mehta Verified account @romitme
I foresee this happening across the board. To respond to a bot is fundamentally dehumanising. Same reason why people hate it when your “AI assistant” answers your phone.

In this instance, PetPooja, UrbanPiper created an interface for restaurants to receive orders seamlessly. Same infra will have to be built for businesses to accept bot driven orders
Ishaan Preet Singh Verified account @ishaanpreet Nov 5
blr restaurants have different problems lol
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Romit Mehta Verified account @romitme
Many websites have blocked it to be actually useful. No ability to make phone calls, and painfully slow. Mogged by Dots and Grok bot at the moment
Lukas Gruber Verified account @lukasgruber__ Oct 27
Instinct is currently raising @ $30b.

$100M → $500M → $2.5B → $10B → ~$30B in sub 1y.

If you're still not inside the private market this should be a good signal to pivot aggressively.

Wealth creation is going to be heavily skewed toward private investors over the coming decade.
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Romit Mehta Verified account @romitme
If I could think of one way to push people back to physical good, this is exactly what I would do. Incredible stuff
Tarun Sharma Verified account @talktotarun Oct 16
Zee Business Exclusive:

RBI Proposes Gold ETF Overhaul to Curb Gold Imports

RBI suggests Gold ETFs invest in tradable gold receipts instead of physical gold.

Proposal to replace existing schemes with new Gold ETF schemes.

RBI to import and hold gold to meet redemption demand.

Gold receipt redemption to be settled in Indian rupees.

Proposal may ease forex pressure while offering gold-linked returns.

Capital gains on gold receipts may be taxed at the individual investor level.

Finance Ministry, RBI and SEBI did not respond to Zee Business emails seeking comments. @SEBI_updates @RBI @FinMinIndia @nsitharamanoffc @aijgf4india @IBJA1919
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Romit Mehta Verified account @romitme
India will emerge as the green power hegemon. The cost of a solar power plant today in India is a third of that in the US. Even with battery storage - solar is *already* cheaper than conventional power. EV penetration is rising across personal vehicles with category defining companies like @atherenergy leading the charge. More importantly, commercial vehicles - a massive diesel guzzler is rapidly electrifying as well. This is far reaching implications across industries like steel, aluminium, oil and gas - impacting not just our environment but also balance of payments and exports.

At @LightspeedIndia we have backed category defining companies here like Solar Square and @ExponentEnergy. Many more will bloom and we are excited to back the best
Ajay Shah @ajay_shah Oct 13
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