Mansukh Nakrani’s Post

Nifty, Sensex Rise As RIL, ICICI Bank Lead Gains The Indian stock market saw positive momentum with both Nifty and Sensex rising, driven by significant gains in Reliance Industries Ltd. (RIL) and ICICI Bank Ltd. The NSE Nifty Bank index hit a fresh high, bolstered by strong performances from HDFC Bank Ltd. and ICICI Bank Ltd. #NiftyRise #SensexGains #StockMarket #RIL #ICICIBank #HDFCBank Ather Energy To Invest Rs 2,000 Crore In Electric Scooter Plant In Maharashtra Ather Energy announced a massive investment of Rs 2,000 crore to set up an electric scooter manufacturing plant in Aurangabad Industrial City, Maharashtra. This initiative is expected to generate approximately 4,000 jobs, boosting the local economy and supporting India's electric mobility mission. #AtherEnergy #ElectricScooters #Maharashtra #Investment #GreenEnergy #JobCreation MCA Denies Giving Clean Chit to Byju’s, Says Proceedings Still Underway Short News: The Ministry of Corporate Affairs (MCA) has refuted reports claiming that it cleared Byju’s of financial fraud. According to MCA, the investigation into the online education startup is still ongoing, and no conclusive decision has been made yet. #Byjus #MCA #FinancialInvestigation #EducationTech #OngoingProceedings Zepto In Talks For Another Fundraise At A Valuation Of $4.6B: Report Quick commerce startup Zepto is reportedly in discussions for a new funding round that could raise its valuation to $4.6 billion. This news follows closely on the heels of Zepto securing $665 million in funding just a week ago, which valued the company at $3.6 billion. #Zepto #Fundraising #Startup #Valuation #QuickCommerce #Investment New US Firm, Terra, Plans $2.5 Bn Investment In Indian AI Startups Terra Invest, a new US-based firm led by former US ambassador to Singapore Kirk Wagar, has announced plans to invest $2.5 billion into Indian AI startups by 2025. This significant investment underscores Terra's commitment to fostering innovation and growth in India's AI sector. #TerraInvest #AIStartups #Investment #IndiaAI #Innovation #TechGrowth

Ashneer Grover 's Journey: Innovation, Grit, and Doglapan ☄️ 1️⃣ Early Life and Education 🎓 - From IIT Delhi to IIM Ahmedabad, Ashneer Grover was always drawn to numbers and opportunities. 2️⃣ Early Career 💼 - Gained financial expertise at Kotak Investment Banking and American Express, fueling his drive to empower small businesses. 3️⃣ Founding BharatPe (2018) 💡 - Co-founded BharatPe to simplify digital payments for small merchants using a single QR code—easy, efficient, and revolutionary. 4️⃣ Growth and Expansion 📈 - Quickly scaled BharatPe, offering loans and credit lines for merchants. Under his leadership, it became a key player in India's fintech ecosystem. 5️⃣ Challenges and Controversies (2022) ⚡ - Faced public scrutiny and stepped down as CEO, but his impact on fintech remained undeniable. 6️⃣ Life Post-BharatPe 🌟 - Emerged as a voice for entrepreneurs on "Shark Tank India," continuing to inspire and drive change. Why Ashneer Grover Inspires Me?? 🌱 Ashneer Grover ’s story exemplifies "Doglapan"—calling things as they are, being straightforward, and never sugarcoating the truth. His relentless drive to solve real problems for small businesses and his resilience in the face of adversity inspire me. His journey shows that success is not just in the highs but in how you rise after every fall. #Entrepreneurship #Inspiration #Resilience #Fintech #StartupJourney #Innovation ✨

UPSC, JEE, and Indian #founders have one thing in common!!!! All of them are behind the top 1% Let me give some numbers : #JEE applicants to IIT seats -- 1.2Million : 17000 == 1% seats #UPSC applicants to vacancies-- 1.1Million : 1100 === .1% Vacancies Similarly on a recent discussion with Product head / founder of an upcoming startup they were clear that they are only targetting the "#affluent" crowd in metros. Which is again the top 2-3 % of the country and literally every startup is behind them. I do understand that 80% of India's online shopping is from the top 3%, but isn't this a rat race??? Reports even say that the Indian middle class will grow and average income of an Indian is booming so why not build something for the rural bharat and upgrade as they start paying for #premiumization. Am I missing something? PS:This thought came to me when my family started purchasing groceries from a nearby mall in a tier 2 city.

Happy to share my infographic on Indifi Technologies, a company at the forefront of bridging the credit gap for India's small and medium enterprises (SMEs). Founded in 2015, Indifi has consistently innovated to empower businesses across various industries. Core Offerings: 1. Tailored campaigns to support SMEs. 2. Digital outreach and referral incentives. 3. User-friendly mobile app. 4. Strategic partnerships with industry leaders. Go-to-Market Strategy: - Leverage big data for personalized credit solutions. - E-commerce Partnerships collaborating with Amazon, Flipkart, and others. - Catering to sectors like travel and HoReCa. Achievements: _ ₹800 crore+ loans disbursed. - 2,000+ borrowers served. - Partnerships with MakeMyTrip, YES Bank, and other major players. The Way Forward: - Expanding into underserved regions. - Innovating through technology. - Focusing on niche verticals to create maximum impact. Competitors: Lendingkart, NeoGrowth Credit Pvt. Ltd., Razorpay. A special thanks to daitri tiwary Ma'am for her invaluable support in creating this content. And also to Birla Institute of Management Technology (BIMTECH) for providing a conducive learning environment that fosters growth and development. #SMEs #FinTech #Innovation #IndifiTechnologies #BusinessGrowth

🌟 Empowering India: From UPI Revolution to Financial Inclusion 🌟 India's fintech landscape has witnessed remarkable transformations, each chapter marking a milestone in our journey towards financial empowerment. Paytm revolutionised payments with UPI, simplifying transactions for millions. BharatPe then democratised access to credit, empowering roadside vendors to thrive in a digital economy. Now, at Rupid, we're continuing this legacy of innovation. With our platform, employees gain instant access to earned wages and salary advances, bridging gaps between paydays and enhancing financial wellness nationwide. We are excited to announce that Rupid is now available for the general public, and we have begun onboarding employers. We invite all employers to join us in revolutionising financial inclusion and enhancing employee satisfaction. In Video: Germany's Federal Minister for Digital and Transport Volker Wissing used UPI to make a payment in India and was 'very fascinated' by the experience. Backed By: EvolveX, PedalStart, We Founder Circle, Beej Network Video courtesy: ANI news post on X https://lnkd.in/emWz5R3Q #FintechInnovation #FinancialInclusion #Empowerment #Rupid #Paytm #BharatPe #DigitalTransformation #UPI #Lending

In my view, if the RBI Can control the Fintech Industry then why not the Ministry of Education control the edtech industry. if RBI can put Paytm business into hold then why Ministry of Education is not putting hold on Byjus. It's not only Money is at Risk, it's future of India and Students Career is at Risk. Pls suggest.

BharatPe, founded by Ashneer Grover, has just launched Invest BharatPe, a new platform that makes investing easier for everyone. Starting with digital gold through a partnership with Safegold, this platform is perfect for those looking to invest during the festive season, which sees a spike in gold purchases. 𝗪𝗵𝘆 𝗜𝘁 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: • 𝗙𝗶𝗿𝘀𝘁 𝗣𝗿𝗼𝗱𝘂𝗰𝘁: Invest in digital gold easily. • 𝗚𝗿𝗲𝗮𝘁 𝗥𝗮𝘁𝗲𝘀: Join the 12% Club for competitive lending options. • 𝗚𝗿𝗼𝘄𝗶𝗻𝗴 𝗙𝗮𝘀𝘁: BharatPe's lending portfolio has increased by 40%. • 𝗘𝗺𝗽𝗼𝘄𝗲𝗿𝗺𝗲𝗻𝘁 𝗙𝗼𝗰𝘂𝘀: Helping people create wealth and access financial services. 👉 With Invest BharatPe, users can easily navigate the investment landscape and explore various options without hassle. This initiative not only promotes financial literacy but also encourages users to take charge of their financial futures. Check out this exciting launch and see how BharatPe is changing the fintech game in India! #BharatPe #InvestBharatPe #DigitalGold #Fintech #FinancialInclusion #InvestmentOpportunities #AshneerGrover #WealthCreation #FinancialLiteracy

Discover the inspiring journey of Shashvat Nakrani, the 23-year-old IITian who co-founded BharatPe and became the youngest self-made millionaire in India. 🚀 Share your thoughts in the comments below. What lessons can entrepreneurs learn from BharatPe's success story? #BharatPeSuccess #StartupLessons #FintechInnovation #JoinTheConversation https://lnkd.in/d5niVKPg

BharatPe, a leading #fintech #unicorn based in #Delhi, has entered the investment space with its new app, Invest #BharatPe. Available on both Google Play Store and the App Store, the app simplifies investment options for consumers, beginning with digital gold as its initial product offering. This digital gold feature, in partnership with SafeGold, allows users to invest in 24-karat gold with a minimum investment of just Rs 100. To attract users during the festive season, BharatPe is also offering 1.1% additional gold on each purchase. CEO Nalin Negi highlighted that launching during the festive season aligns with #BharatPe’s aim to support consumers’ financial planning and goals, providing a secure and accessible investment platform. #BharatPe plans to expand the app’s offerings to include other investment products like fixed deposits, mutual funds, and small-ticket investment options. Negi stated that #BharatPe's objective is to offer a diversified and trusted suite of financial products, aiming to make Invest #BharatPe a one-stop platform for consumers looking to secure their financial future. Nalin Negi | Rohan Khara | Parth Joshi | Sachin Hans | Pankaj Goel | Ankur Jain | Sunit Bose | Shashvat Nakrani | Sumeet Singh | Smriti Handa | Roy C Thomas | Kaushik Chakravartty | Sriram Subramanya | Akhilesh Kumar Jha | Jyoti S. | Parul S. | Abhineet Singh | Ashneer Grover | Rhea Chaterji | Nikhil Dorai | #bharatpenews #bharatpenewapp #investhbharatpe #fintechnews #ashneergrovar #bharatpeceo #sharktank #startupnews #eveningnews #businessnews #startupro

The Ministry Of Corporate Affairs is set to scrutinize large, unlisted startups, including BYJU'S, Paytm Payments Bank , and BharatPe, in response to recent regulatory issues. The Company Law Committee, appointed by the government, is expected to finalize a regulatory framework for these startups within the next two months.   The committee's focus is on startups not directly regulated by the Reserve Bank of India (RBI) or the Securities and Exchange Board of India (SEBI). This move is part of the government's efforts to support startup growth while addressing regulatory and corporate governance challenges.   Recent actions include ongoing inspections against Byju's and a notice sent to BharatPe seeking details on findings from a Delhi Police Economic Offences wing report. Regarding Paytm Payments Bank, the Ministry of Corporate Affairs will investigate if contacted by the RBI.   #StartupScrutiny #CorporateGovernance #RegulatoryCompliance #MCAInvestigation #Byjus #PaytmPaymentsBank #BharatPe #CompanyLawCommittee #IndianStartups #RBIRegulation #SEBICompliance #GovernmentInitiatives #StartupGrowth #CorporateTransparency #RegulatoryChallenges #BusinessNews