Junio’s revenue surged by 2.28x to Rs 7.28 crore in FY24, up from Rs 3.19 crore in FY23.
Founded in 2020 by Ankit Gera and Shankar Nath, Junio aims to instill financial discipline in children from an early age. Headquartered in Delhi, the company has positioned itself as a pioneer in the kid-focused fintech space, simplifying money management for young users while ensuring parental control.
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Squid Game's creator pitched the script to studios for 10 years.
They rejected him every time.
Then Netflix finally took a chance...
And it became their most-watched show EVER in just 28 days.
Here's how persistence turned a "no" into a $900M yes:
@thekaipullai@Loanguruji Also, Amex is not accepted at every shop/website/app. So, loading money in Mobikwik and then spending via UPI make Amex acceptable everywhere. All this info is there on various credit card forums :)
@thekaipullai@Loanguruji Enough to justify Mobikwik UPI numbers. Also, spending per Amex card is significantly higher. They all try to achieve their 4 lakh annual milestone to get five free nights in Marriot + 10k Taj voucher. Many rotate money to accomplish this spend.
@Loanguruji@thekaipullai Amex card holders use Mobikwik. It allows money to be loaded using Amex and then spent via UPI. They achieve 4 lakh milestones to get Marriott reward points. No other PPI enables AMEX credit cards to be loaded into the wallet and used via UPI. Imagine the spend now!
There are only 3 levels of wealth:
1) you can pay your bills and your rent without stress
2) you can eat at any restaurant without looking or worrying about the price
3) you can travel wherever you want without worrying about the price
Beyond this, life doesn’t change with more money.
They want you to fear the market and keep money in FDs. They are losing deposits big time. They control the narrative.
Don't get distracted from your long-term wealth target. Stay invested.
@WeekendInvestng@neerajarora91 Three years start from the day of registration. His under construction flat may not be registered till it's ready and OC received. So this 5 year period won't be counted towards the three year ownership period. It's not in his name yet
I really wonder how dumb (or overconfident) one has to be to think people won’t notice a poorly designed thin wrapper on GPT 3.5 and release it in public.