Sidhanshu Khurana

At Swiggy Consumer Apps, we’ve been building capabilities over the past few years to enhance the app experience—without requiring backend changes. Here are some of the things we’ve done to enable festive configurations: • Dynamic App Icon - A fresh, festive look right from the home screen. • Themed Splash Screen - Seasonal vibes as soon as the app opens. • Dynamic Pull to Refresh Loader - Supports configurable loaders for tailored interactions. • Descriptive Shimmer - Engaging, faster-feeling loading screens. These updates were made possible through the close collaboration of our app engineers and designers, showcasing the power of app-side innovation. Mentioning a few names from both teams: Garima Bothra Priyam Dutta Mano Balaje Anik Raj C Tushar Tayal Ezaz A. Saptarshi Prakash Rahul Doss who go above and beyond to ensure our vision comes to life. Take a look at how our capabilities bring the Diwali theme to life. Wishing everyone a joyful and prosperous Diwali 🎆 Excited to bring more unique experiences to our users! 🎉 #MobileDevelopment #UserExperience #App

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📊 Is pricing the answer to fragmenting the UPI App market? 📊 📈💡NPCI has extended the 30% market cap deadline because the top 3 UPI apps have ~92% market share. Phonepe, Paytm & Gpay capitalized on the early mover advantage. New apps don’t have incentives to compete for UPI volumes because it is a “free product.” And while this was why it grew, it has now also hindered entry of new players ✅ Global real time payment (RTP) equivalents are usually free for the customer while merchants are charged. Ex: 🇧🇷 Pix: Merchant: 0.22 - 0.3% / txn, free for user 🇨🇭 Twint: Merchant:1.3% / txn, free for user 🇵🇱 Blik: Merchant: $0.1 - $0.75 / txn, free for user 🇸🇪 Swish: Merchant: $0.09 / txn, free for user 🇸🇬 PayNow: Merchant: 1.3% / txn, free for user 📈💡 If we want to keep RTP free for the end user, the constraint is free P2P payments. Only P2M can be charged. Is that feasible? Let’s look at the data: 📌 UPI Value (in Cr): From April ‘23 to ‘24, grew by 39.6%. P2P grew from 10L Cr to 14L Cr, at ~32% growth YoY. And P2M grew from 3.2 L Cr to 5.3 L Cr, at~65% YoY. 📌 UPI Volume (in B txn): From April ‘23 to April ‘24 UPI volume grew by 62%. P2P grew from 3.8B to 4.9B, at YoY 29%. P2M grew from 5B to 8.3B at YoY 65%. And proportionally: 📌 April ‘24 Value: Total: INR 19L Cr, P2P: 72.97%, P2M: 27.03% 📌 April ‘24 Volume: Total: 13.3B, P2P: 37.5%, P2M: 62.5% ✅ The constraint of only being able to price P2M transactions is not a blocker, P2M seems to have significant volumes. But that’s the overall P2M market: There is a big segment that falls within P2PM (unorganized merchants), that NPCI will not charge 📈💡Let’s assume that P2PM majorly consists of low value transactions of AoV less than Rs 2000. If we look at AoV > 2000 bucket of P2M transactions, this constitutes for 4.50% of txn numbers, and 68.36% of P2M txn value. ✅ So even excluding P2PM this still leaves a significant~68% of P2M monthly value or 4.5% of P2M txns that can be monetized So what’s the ideal pricing model? ❗Well, the cost of a UPI transaction is ~Rs 0.4. At 13.3B UPI txns that is a monthly cost of Rs 532 Cr. Which is Rs 6384 Cr per annum to maintain the UPI ecosystem! The pricing needs to generate atleast this much❗ 1️⃣ Option 1: Fixed fee / txn: If only AoV > Rs 2000 txns are charged, then to break-even, the fee per txn needs to be Rs 15, which is high. If ALL the P2M txns are charged, then a per txn cost of Rs 0.67 would be enough to break-even. But the P2PM merchant would be impacted 2️⃣ Option 2: % of txn value: If only AoV > Rs 2000 txns are charged, then the break-even fee is 0.15%. If the total P2M value is charged, the fee needs to be 0.10%. Seems to make more sense But even if pricing comes, while it incentivizes new apps it also incentivizes incumbents to keep their market share. Enter: the 30% UPI market share cap To read the full article and other pieces like this, click here: https://lnkd.in/gSPm49aq #fintech #UPI #NPCI

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DoorDash is five years younger than Zomato but its business is bigger by more than seven times compared to its Indian counterpart. The difference between DoorDash and Indian peers Zomato and Swiggy is not in what the companies do⁠ — it’s where they do it DoorDash’s average order value comes to almost $31. This is over five times higher than Zomato’s average order value of $5 (₹407). With DoorDash's AOV of $30 vs $3-4 AOV for Zomato and Swiggy - which kind of makes it difficult for India to be a food-delivery-oriented market, proving its worth in terms of the bottom line. #doordash #zomato #swiggy #india #value #market #food #delivery

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https://lnkd.in/gqUkq3BM is an excellent overview of major topics in LLMs. If you are getting started in this space, this video which is also generated by another LLM 😂 , is a great place to begin your journey in this exciting area of AI. It covers topics like pre-training, evolution of GPTs and other popular LLMs, fine tuning (SFT, PEFT like LORA, RLHF), inference optimizations (quantization, speculative decoding, distillation, flash attention), output sampling techniques, multimodal capabilities and finally some real world applications like math, coding, medicine etc. Loved their analogies even for core complex concepts like flash attention - "it's like finetuning the engine of a car, to make it more fuel efficient, without changing how the car drives"

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Interestingly, in the light of recent antitrust rulings, Google CEO Sundar Pichai has expressed the company’s commitment to vigorously defend its business practices. He emphasized that Google’s success is rooted in continuous innovation and delivering superior products that consumers and partners choose willingly. In August 2024, a federal judge ruled that Google violated antitrust laws by maintaining a monopoly in the online search market. The U.S. Department of Justice is considering structural remedies, including the potential breakup of Google’s business units such as Chrome, Play, and Android, to address anticompetitive practices. Despite legal challenges, Alphabet Inc., Google’s parent company, reported a 34% increase in profit, earning $26.3 billion in the July-September quarter of 2024. 1) Can Google balance regulatory compliance with its commitment to innovation and user experience? 2) What impact would a potential breakup have on the broader tech industry and consumer choice? 3) How should companies in dominant market positions prepare for increasing regulatory scrutiny in the evolving digital landscape? These developments prompt a broader discussion on the future of big tech and the balance between market dominance and fair competition. Your thoughts please… #google #antitrustlaw #innovation #firsttimeceos #ceosgurukul https://lnkd.in/dGFD-qAP

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Heads Up! Fake Courier Scam Targeting Indian Users A recent scam targeting Indian users impersonates well-known courier companies like FedEx and DHL. Here's how it works (similar to the one described in https://lnkd.in/gNhRNPUj): - You receive a call claiming to be from a courier company. - They inform you of a package linked to your phone number containing illegal items. (They often mention Mumbai and Singapore in their script.) - They pressure you by mentioning involvement of law enforcement. Remember, this is a scam! Here's how to protect yourself: - Don't engage. Don't confirm personal details or provide any information. - Ask for specifics. Legitimate courier companies can provide details like tracking numbers, labels, service levels, sender/recipient addresses, etc. Scammers will struggle with these details. - End the call. Block the number and report it as spam. By staying vigilant and sharing awareness, we can help protect ourselves and others from these scams. #Logistics #ScamAlert #India

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🚗 Ever experienced the seamless transition of driving a car with automatic headlights that activate in the dark, or windshield wipers that spring to life at the first hint of rain? These aren't just convenient features—they symbolize a smarter, more intuitive driving experience. 🌟 At Amazon Pay, we're on a parallel journey to revolutionize your everyday transactions, making them as intuitive and effortless as your smartest car features. 🎥 In our latest campaign featuring the charismatic Ayushmann Khurrana, he showcases just how smart he feels using Amazon Pay. It’s not just about making payments; it’s about enhancing the entire experience to be more intuitive and user-friendly. Watch it out. 👏 A big shout out to the relentless efforts of the team who obsess over refining and perfecting the customer experience every day. Their dedication is making the smarter way to pay not just a possibility, but a reality. Kalyan Chitumalla, Venkatesh Harsha Nandula, Ratnakar Mani, Bhavik Sankesara, Chandan Chatterjee, Hariharan K.R, Tanmai Vully,Chandru R, Abhishek Attal, Jatinder Khurana, Anshul, Kunal, Aasif, Sankalp Talwar, Shubham, and more. Shout-out to the leadership of Mahendra Nerurkar, Anuradha Aggarwal, Rahat Patel, Vikas Bansal, Nirav Kamdar, Amit Jain to continually push the boundaries of what's possible in digital payments. Join us in celebrating this leap towards a more intuitive future. Because with Amazon Pay, it's not just paying. It's upgrading to a smarter way of life. #AmazonPay #Innovation #DigitalPayments #SmartTechnology #CustomerExperience #AyushmannKhurrana

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🚀 Session with Ananya Vats (Google PM | Former Microsoft, Swiggy) Career Trajectory: - Gain detailed insights into Ananya's journey to becoming a PM, with experiences from Microsoft, Swiggy, and Google. - Hear about the pivotal moments and challenges she overcame in her career. Company Shortlisting: - Discover Ananya's systematic approach to selecting companies. - Learn the importance of aligning with a company’s mission, culture, and values. Getting Interview Calls: - Proven strategies to increase your chances of getting interview calls. Interview Tactics: - Master the art of thorough interview preparation. - Understand the significance of knowing the company’s products. - Get tips on answering common PM interview questions. 📅 Register Now: https://lnkd.in/dSMJTWJ5 #shortlist #session #topmate #google #microsoft

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Finsire has recently started its learning series - Ideally by chatting with the best folks in the Industry. Here, with Siddharth Shetty, Co-founder and CTO of Account Aggregator (AA) from DigiSahamati Foundation, we speak about the data exchange's inception, growth, and future in India. - We use AA for various reasons, including pushing boundaries in India's data exchange layer with various use cases. - It's been about three years since it went live, and over 70 million cumulative Indian accounts are linked. - One-of-a-kind data sharing network from India that is not seen anywhere across the globe, baring Singapore with https://lnkd.in/gyrCQtVQ - Different approach to protect consumers as compared to the previous models that existed to attain consumer data by various methods used by Plaid or Salt Edge Onemoney Finvu (Cookiejar Technologies) Protean eGov Technologies Anumati by Perfios AA NADL - Account Aggregator Computer Age Management Services Limited KFin Technologies Ltd. Enjoy - Please click on the link below and watch the video!

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Generate human faces https://lnkd.in/gJ5-G6Dp with the power of FLUX.1 [schnell] and Together AI 🤓 #AI

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🚀 Unlock the Full Potential of Your AI Workflows with Cloudian's AI Data Lake! 🚀 🌐 Imagine a data lake that not only simplifies management but also supercharges the performance of your AI workflows. 💡 Cloudian’s AI Data Lake leverages the immense power of hyperscale object storage to deliver just that! 🔧 Seamlessly integrate with your favorite tools, whether it’s PyTorch, TensorFlow, Kafka, Arrow, or more. Cloudian is here to make your AI journey smoother and more efficient. 🔗 Dive deeper and see how Cloudian can transform your AI operations: https://lnkd.in/gEC3ZAJR 🌟 Elevate your AI. Simplify your management. Choose Cloudian. 🌟 #AI #DataLake #HyperscaleStorage #AIWorkflow #Cloudian #MachineLearning #DataScience #Innovation

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Re-posting one of my less popular / unorthodox views. Weekly 1:1s are hacks to get around the lack of proper team communication setups, and they weaken individual resilience. Adhoc 1:1s are fine for providing spot feedback, but they should be rare. Career growth 1:1s are great, but they should happen once in 3-6 months. Project check-ins / questions should be discussed in 5-10 minutes on slack. A design whiteboarding meeting between two engineers is fantastic, but it's not a 1:1. Weekly 30 minute 1:1s are unhealthy and an unnecessary time-sink, stop using them to communicate with your reports. https://lnkd.in/ehr_e2Xv

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🚀 We’re live on Product Hunt – Introducing Boltic 🎉 https://lnkd.in/dppvvjB8 Say hello to Boltic, your AI-powered partner for automating workflows, scaling the infrastructure, and turning data into action—without breaking a sweat. ⚡ What makes Boltic stand out? 🤖 AI-Powered Workflows: With OpenAI integration, Boltic takes workflow automation to a new level. Generate smarter workflows, optimize processes, and handle complex logic with ease. 🖥️ Serverless Custom Nodes: Build, deploy, and scale custom functions seamlessly—no infrastructure headaches, just pure innovation. 🌍 Multi-Region Support: Ensure global availability and blazing-fast performance with workflows deployed across regions. 🔗 Next-Level Integrations: Connect with platforms like Slack, HubSpot, Zendesk, Aircall, and Mailmodo to orchestrate workflows tailored to your needs. ✨ Observability at Scale: Keep an eye on your system health with advanced monitoring and proactive issue detection. Boltic is designed for AI enthusiasts, developers, and teams who want to unlock the power of automation and serverless technology for limitless innovation. We’re so excited to hear what you think! Support us on Product Hunt and explore what’s possible: 👉 Boltic on Product Hunt https://lnkd.in/dppvvjB8 Let’s build the future of automation with AI and serverless tech—together! 🙌 #AI #Automation #Workflow #Technology #Boltic

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Hindi-centric, instruction-tuned LLM with 10 billion parameters Developed from the Llama-3-8B model, Nanda incorporates extensive pretraining on 65 billion Hindi tokens and selectively integrates English for bilingual support. https://lnkd.in/dmAp77Tt

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Like to order deliveries from the comfort of your own home? Zepto's recent $665 million funding will now allow the company to set up even more store across India to serve you better. Read all about it only in my new article at Entrepreneur India. . . . Follow and connect for more industry news and updates . . . #News #Update #Zepto #Funding #Investment #EntrepreneurIndia #AdityaPranMahanta https://lnkd.in/gYvATrUE

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National Payments Corporation Of India (NPCI)'s UPI Circle: A Simple Way to Share Your UPI With Others ⭕ Need to let someone else make payments from your UPI account? Now you can! NPCI just launched UPI Circle, a new feature that makes sharing your UPI easy and secure. I see this as a step towards programmable money with limits being set for different purposes to be added in to. Here's how UPI Circle works: You choose who can use your UPI and set spending limits. They can make payments even if they don't have their own UPI account. You stay in control and can track all transactions. UPI Circle is perfect for: Families: Easily share expenses or give kids limited spending power. Businesses: Simplify employee payments or let trusted staff make purchases. UPI Circle is making digital payments even more convenient and accessible! 🎉 Learn more here: https://lnkd.in/g_XAgXKq #UPI #UPICircle #Fintech #DigitalIndia #Innovation #Payments #Cashless #SharingEconomy PS: Co-Author #GeminiPro

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Ever wonder why some companies can ship software at lightning speeds while others seem stuck in the mud? 🚀⏳ . . . . . . . . . Daksh Gupta of Greptile collected real-world insights from engineers at many of the world's largest tech companies, unpacking the intricacies that either propel or impede the speed of shipping code. The big reveal? Older and larger companies tend to move more slowly because the costs of missteps become greater. In some cases, those costs are fairly non-negotiable (e.g. ensuring software for customers in production remains secure) while in other cases, the costs are more optional and cultural (e.g. wanting a lot of accurate estimates, forcing a manager's vs. maker's schedule, etc). #SoftwareEngineering #Tech #DevelopmentVelocity #Innovation #Productivity

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