Ashwin Vichu

Chennai
21
Koinophobia

[Ashwin Vichu @AshwinVichu]

@TSivaAmma @gengaproduction @muthu_direct10 @ashwin @vellavaetti Thank you so much for this kind gesture sir! Our pleasure.

[T Siva @TSivaAmma]

Happy to release the Teaser of #Mudharkanal Movie.
Best wishes for the success of this movie.

https://t.co/ts45Rn4FpW

@gengaproduction

@muthu_direct10

@Ashwin Vichu

@Vellavaetti

[Ashwin Vichu @AshwinVichu]

@dirlingusamy @gengaproduction Thank you so much for this kind gesture sir.

[Lingusamy @dirlingusamy]

Happy to release the first look of #Mudharkanal

wishing the best to the entire @gengaproduction & team

[Ashwin Vichu @AshwinVichu]

The user interface in @zerodha is more than perfect boss! Instead of looking at the profit made by these US brokers, see how those people even think! 1.75% for instant withdrawal 🤯

Read @zerodha is soon coming for trading US stocks too😉 So let’s peace till that!

[Nithin Kamath @Nithin0dha]

I just discovered that Robinhood will generate approximately $150 million (~₹1,300 crores) in revenue from the fees it charges for processing instant client withdrawals. Their cost to process these is around $35–40 million, which means a clean $100 million to the bottom line, and that’s just from instant withdrawals. 😬

As an Indian startup with some scale, founders dream of generating revenue like this from non-core products. Hence the rush to introduce everything: loans, insurance, payments, and other financial services. But nothing really works 😀 outside the core offering. It just shows how far behind India is compared to the US when it comes to customers willing to pay for add-ons.

By the way, I’m still shocked that people pay 1.75% on an instant withdrawal transaction. This really shows how broken the US banking system is. Even in 2025, there’s still no full-fledged instant payments system like UPI — most fund transfers take a couple of days!

For comparison, we don’t charge @zerodha clients for deposits (thanks to UPI) or instant withdrawals. We’ve processed over ₹50,000 crores in instant withdrawals in <2 years, at zero cost. 🙈

[Ashwin Vichu @AshwinVichu]

@Deb_livnletliv @amitmalviya Why didn't anyone talk about this when this would've been the same scenario if it would've been 7L too.
7L = no tax
8L = tax
Simple accusations.

[Ashwin Vichu @AshwinVichu]

@PRSundar64 @nsitharaman Please have mercy on us. We cannot handle something like popcorn once again. Positive changes in the taxation will give great results in the exchange market. Let people grow. Taxing them reasonably reduces black money too 🫡

[Ashwin Vichu @AshwinVichu]

@velumania Respected @velumania,
Wasn't able to type this much on @X sir.
These are questions that were raised in the mind of a young 20 year old boy, trying to understand what's really in the minds of successful people like you!