@7prashantg

FinTech Entrepreneur. Badminton. Finance. Mathematics. Technology. Unlearning and relearning.

 Bengaluru, India
Joined June 2009
  • Tweets89
  • Following182
  • Followers114
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Prashant Gupta retweeted
Wealthy@Wealthy_India9 Feb 2022
Wealthy has raised $7.5 million in Series A round of funding led by Falcon Edge's Alpha Wave Incubation (AWI). 🎉 We thank all our customers, wealth partners, team members, investors, and well-wishers who have been with us in our journey. #Wealthy #Startup #Funding
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The biggest #fintech trend of 2022: Financial inclusion, also known as predatory lending for people who can't repay.
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Great post @deepakshenoy Loved the way you ended it. :)
Deepak Shenoy
@deepakshenoy5 Oct 2018
The Markets: Are We Going To Hell In A Hand Basket? ift.tt/2y1pwNi
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Finalists for the most worthless job in the world: Armchair entrepreneur vs Retrospective trader
Prashant Gupta retweeted
Aditya@AgarwalAditya2 Aug 2018
When your customers become your ambassadors and use the exact same words that you'd written down on whiteboard as guiding values. @roadtowealthy @7prashantg @somitpisces @salujaharkirat @Techimal @chitshar @arunkrishnan_4 @Vasudokala
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Prashant Gupta retweeted
Samrat Singh@samratsingh2320 Jul 2018
Hi, found a great new CRM software CTOs in India - we can make this in-house in 5 days Hi, found a kickass new marketing automation tool CTOs in India - we can make this in-house in 5 days Hi, look the Taj Mahal CTOs in India - we can make this in-house in 5 days
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Some folks are saying I won for “demographic” reasons. 1st of all, that’s false. We won w/voters of all kinds. 2nd, here’s my 1st pair of campaign shoes. I knocked doors until rainwater came through my soles. Respect the hustle. We won bc we out-worked the competition. Period.
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1996 : Gujarat BJP Government was dismissed by the President on advise of the PM. Vaghela split the BJP to form Govt with backing of Congress. Name of the BJP state unit head was VajuBhai Vala. Name of PM was HD Devegauda. Karma is a bitch.
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In terms of activity, the average Indian user spends 55 minutes on WhatsApp every day, compared with 66 minutes by WeChat users in China. #crazystats
Haha! xitter.cf/rameshsrivats/status/9…
Ramesh Srivats
@rameshsrivats28 Feb 2018
At least CBI has figured out how to arrest someone in the arrival lounge of an airport. Next step - Departure lounge.
Whatsapp payment timing couldn't have been better. With KYC required for p2p payments on wallets (both sender and receiver need to be on minimum KYC) the use case will move to UPI
Wonder if lack of good credit approval practices in go-go days are being termed 'fraud' by PSUs
Trainer: Do 20 push-ups Me: 1,2,3,4.... 20...done Trainer: Now do 20 'Diamond' push-ups Me: 1,5....20...done :)
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Prashant Gupta retweeted
Nirmal Jain
@JainNirmal20 Feb 2018
I agree - not all diamond traders are thieves. Always wondered how auditors or investors or lenders can get confidence in a business where one can carry all assets in the trouser pocket!
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Only people who don't question the existence of PSU banks are their BORROWERS
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2/ For me block chain in what internet was in mid 90s, a promising technology. It would take ~10yrs for business models around the technology to emerge. Run up of cryptoccy is equivalent to valuation metric during in '99-01 dotcom days. ICO are like selling shovels in a gold rush
1/ Mid 90s internet was a new tech with great potential. Led to random valuation models like $/click. Valuations of dotcom companies went through the roof in '97-99 & then crashed in '00-01. Post that it took ~10+yrs for business models to emerge around the internet technology
2/ Payment bank in 2018: ?? Learning: <To be part of B school case study> Anecdotal evidence: 1/ Airtel payment bank had to fudge aadhaar kyc to fraudulently open accounts. 2/Users of a popular wallet stood in queue at PSU bank to open full service a/c
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1/ Tata Nano in 2008: Failure Learning: Incorrect positioning (Car considered symbol of social status no one wanted be seen driving an unsafe 1lac car)
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