Razorpay’s Post

On June 4th, 2024, India’s Financial System Let Down Mutual Fund Investors. Here’s How: 1. Typically, when investors place mutual fund orders and transfer funds before the 2:30 pm cut-off (via brokers), they receive the same day's NAV. 2. On a crucial day, when the Nifty plunged 6%, the system failed. Thousands of investors ended up with the next day’s NAV – missing out on the market’s 3% rally the following day! 3. Shockingly, no one is accepting responsibility. Brokers, BSE, and Razorpay are all deflecting blame, leaving investors in a lurch. 4. Even ETF prices deviated significantly from their NAVs, adding to the chaos and confusion. This incident underscores the critical need for robust infrastructure and accountability in our financial systems. Investors deserve better!

#StartupNewsToday – Top 10 Updates: 𝗕𝗶𝗴 𝗺𝗼𝘃𝗲𝘀, 𝗳𝗿𝗲𝘀𝗵 𝗳𝘂𝗻𝗱𝗶𝗻𝗴, 𝗮𝗻𝗱 𝗜𝗣𝗢 𝗯𝘂𝘇𝘇! - Blinkit extends senior staff notice periods from zero to two months to avoid poaching by rivals like Zepto and Flipkart. - Snapdeal | AceVector Group co-founder Kunal Bahl joins Shark Tank India as a shark for the upcoming season. - Navi Finserv closes a $24.5M business loan securitization deal with Goldman Sachs. - BlueStone plans IPO in mid-2024, aiming to raise $200-250M at a $1-1.5B valuation. - Zomato plans to relaunch its logistics arm, ‘Xtreme,’ after suspending it due to low demand. - Reliance Retail’s digital commerce contributed 17% of its total revenue in Q2 FY25. - Acko promotes CFO Sandip Goenka to CEO of its life insurance division. - Yoho raises $3.2M in a Pre-Series B round led by Gulf Islamic Investments. - Reliance-Disney India media assets merger expected to be completed by Q3 FY25. - Troo.Good secures $9M in funding, led by Puro Health and Wellness and other investors. - Purplle.com closes Series F funding at $178.5M, backed by Abu Dhabi Investment Authority (ADIA) and Premji Invest. - GIVA raises $30.3M in its extended Series B round from Premji Invest and others. #StartupNews #FundingNews #TechUpdates #IPOAlert #BusinessTrends

Flipkart Re-enters Fintech Space with New App Announcement Markets ended in the green again driven by some select heavyweights. Flipkart announced its re-entry into the fintech space with a new app, investment banks in Hyundai’s India IPO are poised for the country's second-biggest payday with a Rs 333 crore ($40Mn) fee and Zepto is in discussions for yet another funding round, aiming for a valuation of $4.6 billion. To read more news like this, visit https://lnkd.in/dTD593Xs to subscribe to our daily newsletter. #ipo #funding #finance #news #stockmarket #sebi #fintech

This woman identified multi-baggers like Amazon, HDFC, and Apple before anyone else! Devina Mehra has been investing in public markets and building First Global for the last 30 years - she's truly a legend and stalwart in the public markets space. So thrilled to have this opportunity to have her on the show! Watch here: https://lnkd.in/gFTZ9Rhq We talk about: > Growing up in Lucknow (we both have that in common!) > How Devina made First Global to be the first Asian firm to get a membership of the prestigious London Stock Exchange to start investing globally 30 years ago - before anyone else! > Supporting Amazon when Wall Street had written off the stock to an extent where Jeff Bezos personally thanked Devina for her support > Identifying HDFC at IPO at a share price of INR 38 and Apple before they became mainstream names > New-age tech IPOs, the frenzy in the SME IPO market and why investors need to be cautious of investing in small-caps > Being a nervous investor in banks and her thoughts on what will happen in the Fintech space > First Global launched their PMS in 2020 despite having the license for the last 25 years > Feed your mind with reading and don't be outwardly focused on competition > Her upcoming book!!! (This is the first interview where she talks about her book!) #devinamehra #firstglobal #stockmarkets #publicmarkets #investing

Paytm CEO Vijay Shekhar Sharma told investors that the worst for the company is over and that the board has been strengthened to ensure 'attention to governance'. “We learnt a lot of lessons, shown resilience in the last three months. The worst is behind us,” Sharma said. Paytm has managed to close FY24 with 25% revenue growth at Rs 9,978 crore, while losses narrowed to Rs 1,442 crore, a 19% drop compared to FY23. #paytm #company #RBI #ceo #hardwork #business #indianstartupnews

IPO Note: LE TRAVENUES TECHNOLOGY LTD. ( Ixigo) hey Friends, hope you all are doing well. today I was analyzing this IPO and have a few points that you should take into consideration before investing in the Company:- 1. One of the Use of Funding is " Working Capital finance " which honestly I don't want to see if the company raising for that means their day-to-day finances are in trouble. 2. Out of the OTA industry segment they only have a 6% market which is quite low and they have huge competition and market giants. 3. they are in a highly competitive travel business and significant revenue comes from Railway ticketing which is a lack of supplier issue here if things go south like Paytm then it's hard for them to survive. 4. companies like Yatra, Make My Trip, Easy My Trip, and Clear Trip are the big competitors. 5. they want funds for growth in business by way of the inorganic way like Acquisition again don't like this way because see Walmart who acquired 77% of Flipkart and still making losses. 6. least but not least "258 Cr." goodwill in BS in 2023 is a plug variable and I can say that it must be created through the acquisition too as you can not recognize goodwill otherwise than a business combination so I can say they paid earlier more than the worth of the business and so you see this Goodwill is worth of nothing. tip for the company:- they should have improved the Advertising revenue. please take note of these and then apply. Thanks AY follow For more tips like this Aashutosh Yogi

Amazon-backed wealth management startup smallcase has posted a flat growth in the fiscal year ending March 2023. However, its losses spiked 40% and stood at Rs 133 crore as its employee cost soared 70% in FY23. Smallcase’s revenue from operations saw a modest increase of 6.9% to Rs 31 crore in FY23 from Rs 29 crore in FY22. ......... Follow Us 👇 Marketing Minds Knowledge Visit Website👇 https://lnkd.in/dHxH8hPA ........ #paytm #upi #npci #digital #digitalcurrency #digitalpayment #digitalindia #businessgrowth #bse #nse #nasdaq #businessnewsindia #startupdelhi #businessnews #newsindia #businessindia #growindia #business #marketingknowledge #smallcase #investing #bse #nse #share #stocks #amazon #backend #wealth #revenue

September 2024 saw a record number of DRHPs filed - 41 Filing of DRHP is a bullish or bearish signal? Leading or lagging indicator? 😓 Doing an IPO is a lengthy process for a company and it starts a minimum 3 months before the issue is open. 🗄 However, the 1st time public gets to know that an IPO is about to come is when they file a Draft Red Herring Prospectus (DRHP) with SEBI. 😮 Sep 2024 saw a record number of DRHPs filed - 41 😮 The next highest was in Sep 2010 - 34 🤔 So, filing of DRHP is a bullish or bearish signal? Leading or lagging indicator? 😶 Well, data doesn't suggest as such anything. 🤑 If we understand the process, an unlisted company will see how secondary market is performing. If there's too much bullishness, many of them will want to cash in, mostly selling their stake through the IPO. This is what happened in 2017. ❌ Also, filing a DRHP doesn't alway mean IPO will happen. Companies may shelve the IPO if they feel they won't get enough takers for the valuation they are seeking. 📗 However, it's been a little different in the last few years. Most of IPO objective is raising primary capital, means fresh issuance of shares for objectives like business expansion, paying down debt, etc. 💻 Also, all these new-age companies which are private till now, growing on VC/PE money are also confidently coming to the public side, once the companies like Zomato, Paytm, PB Fintech, Cartrade, Unicommerce, etc have led the way. 🤑 Nevertheless, there is enough supply of funds as of now in India, the issue is from the demand side. We need more and more IPOs to come to the market for investors to have more avenues for investing. 💰 This will also help to curtail the exorbitant valuation currently the companies are trading at.

SoftBank's Paytm stake falls to under 1% from 18% in IPO - Times of India MUMBAI: SoftBank has cut its stake in Paytm to under 1%, the fintech said in an exchange filing on Friday. The Masayoshi Son-led Japanese investment giant, which had infused over $1 billion into Paytm and held about 18% stake in the firm at the time of its IPO in 2021, has been trimming its shareholding in the company through a series of open market transactions.SoftBank held about 1.4% stake in Paytm at the end of March.Following the reduction in SoftBank's stake, total FDI shareholding in th... Read more here: https://lnkd.in/dPTibt9Q . . Like 💝 Comment below ⏬ Share ✅ For More Such Updates Follow Us @qnewshub @qnewscrunch . . #qnewshub #qnewscrunch #Business

SoftBank loses $544 million in Paytm, gains in Policybazaar Companies backed by SoftBank Vision Funds accounted for 50% of all growth capital invested in fiscal 2023 and 60% of all capital raised through IPOs in Indian markets since 2021. #SoftBankInvestments #PaytmLosses #PolicybazaarGains #VisionFundImpact #IndianMarkets #GrowthCapital #IPOTrends #InvestmentInsights #SoftBankVisionFund #MarketDynamics https://lnkd.in/gXfsnjNe