1/10 A🧵 for India fintech founders & enthusiasts
India's $1T Retail GDP's Digital Shift & Opportunities
- From 78% Cash to 78% Digital in 3 years
We are closer to a 100% cashless India than we realize.
#DigitalIndia#RetailRevolution
Delighted to share that @Preqin has ranked 🏆our debut fund (8i Fund I) amongst the top 10 global VC funds by IRR in the under $250MM AUM category.
Grateful to all our founders & LPs who reposed their faith with us 🙏
@lemonandice@5vishy
@pkedrosky Regularly use pocket. I can't bear the switching costs of reading something useful right when I encounter it. And since a lot gets shared on scroll it and lose it apps like whatsapp, Pocket is a quick save action away.
Just need a habit of opening pocket regularly when not busy
If @sliceit_ achieves its mission, it will place a card in the hands of every smartphone user in India. India's card penetration is 35MM & can scale 20X from here. May the force be with you @rajan_bajaj 💪🚀
@5vishy@8iVentures
https://t.co/agNi9KCPOB
@PythiaR .@raythejourney at Bajaj auto. Worked with him at Unilever and every other finance partner was a let down since. Brilliant at framing choices and tradeoffs for marketing and growth and let you make the call
@JamieKay22 Make 47 into 50. 50 is nice and cuddly. Fun for multiplication too! (100/2).
What's the price you say? 3. Fine, 28, pay 3. What're you now? 25? Cuddly again! (100/4).
50+25 = 75
@aditya_rm
We believe @onlymadhoo & his team are on a path to create a $100B payment platform over the next decade.
We were privileged to write the first VC cheque in the company and we continue to invest in the company in every single round since then.
@8iVentures@5vishy
So my new theory on covid spread is inverted U shaped sensitivity to density and people's interactions. If mask is quasi vaccine, then a sneeze in a dense slum acts like that (inversely cubed proportional exposure to radius). Thus high sero load and asymptomatic cases in India.