In the last two years, we @gsf_fund have invested in 3 Fintechs:
@drivio_official@50fintech@CarePay1
Each one is experiencing strong month on month growth in 2024 and solving for easy lending in its vertical.
Mobility Matters
I have made 4 investments in recent year in mobility, latest being @drivio_official which is building a unique platform for two wheelers financing.
@beepkart is a leader in used two wheelers marketplace in South and rapidly expanding its footprint.
@TyrePlex is a unique marketplace for tyre dealers and expanding rapidly across cities.
@ZyppElectric is the leader in EV logistics and last mile delivery.
More on Drivio https://t.co/s2SPTkpmKx
@gsf_fund
Atrocious state of living at Orchid Island as it feels like living in the middle of a construction site and residents haven't been able to sleep or walk in front of their houses peacefully for over 2 months, since the construction commenced. Trucks/Tractors Trollies/Mixers and other heavy vehicles plying 24x7 on society roads without covering the loose sand, loud music etc. @mlkhattar@narendramodi@cmohry@DEFCCOfficial@dtcphry Please help!!!
@atherenergy increases the prices of the 450 range by Rs 8,000-15,000.
@OlaElectric increases the prices of mid-spec S1 and top-spec S1 Pro by Rs 15,000.
Two-wheeler financing platform Drivio (ड्राइवियो) has raised $1 million in seed funding round led by #KariniVentures and Vansun Capital.
#funding#investing#startupstory
https://t.co/r08kgj4LcD
2wheeler finance is a very lucrative segment for NBFCs looking to build a large and profitable book and also capturing a huge segment of future customers for cross selling.
Saurabh Tripathi, Shalini Mayanka, @banerjeedeboo, @Asqua…https://t.co/xt9vLK0uHA https://t.co/OZCBQdNZwz
Exactly an year ago, when I and my co-founder Saurabh established Drivio, our primary objective was to resolve a financial services issue in two-wheeler segment while also having a positive impact on Bharat, a country where two-wheelers are the primary mo…https://t.co/FP1qKxRfjA
SBI is run rating at 240,000 Cr of revenue, and 56,000 Cr of profit
India's 7,500 fintech startups that are trying to disrupt banks make ~160,000 Cr of revenue, less than SBI
SBI is so large its profit is 10x Zerodha's revenue
Real giant that works well and hard to disrupt
We warmly welcome Mallika Srinivasan,Shailesh Haribhakti and Sahil Barua as they join the Swiggy board. There is so much to learn from them as we work towards building an enduring company that continues to bring unparalleled convenience to customers.
https://t.co/WYhxR59DyX