Ashutosh Jha

India L/S Equities at Balyasny SG during the day. Shitposts about Math and Markets during the night. Views and opinions are my own

[Ashutosh Jha @jhashut]

@SridharanAnand Investors: We understand AI and appreciate the economics of your business.
Also investors:

[IIT Madras @iitmadras]

🎉@iitmadras turns 67! ✨

Since its inauguration on 31 July 1959, IIT Madras has been shaping innovators, advancing research, nurturing entrepreneurs, and creating impact across the world.

For 67 years, ideas have turned into innovations, classrooms into launchpads, and dreams into lasting impact.

Here's to the people, the milestones, the memories, and the future we're building together.

Happy Foundation Day, IIT Madras! 💙

[Ashutosh Jha @jhashut]

@BoringBiz_ @SridharanAnand

[Ashutosh Jha @jhashut]

@SridharanAnand You go to office?!

[Ashutosh Jha @jhashut]

@SridharanAnand I’ll believe it when they name it after JEE

[Ashutosh Jha @jhashut]

@SridharanAnand Very strategic decision of you to not partake in any physical exercise to load up on both mass and energy

[Ashutosh Jha @jhashut]

@SridharanAnand @SandeepParekh @GabbbarSingh

[Ashutosh Jha @jhashut]

@SridharanAnand Me the ex investment banker hearing an ex consultant diss on investment banking

[Ashutosh Jha @jhashut]

@SridharanAnand I see your pronunciation of Claude still hasn’t changed after TCS print

[Irrational Analysis @insane_analyst]

It's just money. It's made up. https://t.co/SlTeZNdDaX

[Ashutosh Jha @jhashut]

@SandeepParekh @GabbbarSingh @SandeepParekh teaching twt what FAFO means 😁

[Ashutosh Jha @jhashut]

@SridharanAnand *boo-ing intensifies*

[Ashutosh Jha @jhashut]

@SridharanAnand Ctrl+F - FIIs
Ctrl+F - Consumer

[Ashutosh Jha @jhashut]

@SridharanAnand We earlier went from it’s fucking crazy to it’s crazy. Now we’re at, give kutti margin of safety no.

I’m calling the bottom 2 weeks after you have work to do in office.

[Ashutosh Jha @jhashut]

@GabbbarSingh about to find out why Palantir trades at 400x earnings.

[Gabbar @GabbbarSingh]

How quickly America neutralised the S-300 air defence of Venezuela is the real story here. Both India & Pakistan would be listening keenly

[Ashutosh Jha @jhashut]

If you ever have to pick up the red book, make sure it is this one.

[Shane Parrish @shaneparrish]

Atlas Shrugged should be mandatory reading in high school.

[Ashutosh Jha @jhashut]

As a young student in investing, what I've seen in the last 72 hrs from @deepigoyal, @akshant_g, and Zomato team on twt is a masterclass in what *really great* corporate governance truly looks like - data backed, empathetic but still firm, and transparent.

Absolute respect!

[Deepinder Goyal @deepigoyal]

Facts below (1/5):

In 2025, average earnings per hour (EPH), excluding tips, for a delivery partner on Zomato were ₹102.
In 2024, this number was ₹92. That’s a ~10.9% year-on-year increase. Over a longer horizon also, EPH has shown steady growth.

Most delivery partners work for a few hours and only a few days in a month. But if someone were to work for 10 hours/day, 26 days/month, this translates to ~₹26,500/month in gross earnings. After accounting for fuel and maintenance (~20%), the net earnings for the partner are ~₹21,000/month.

Note: Earnings per hour are calculated on total hours logged in, including the time when the partner might be waiting to receive an order. Earnings per “busy hour” will be higher but that’s not the right metric to look at.

On top of this - delivery partners earn 100% of tips given by customers. The average tip per hour in 2025 on Zomato was INR 2.6 and in 2024 was INR 2.4 per hour. Tips are transferred instantly, with zero deductions. We absorb the payment gateway processing cost ourselves. About 5% of the orders get tipped on Zomato; 2.5% on Blinkit.

[Sanjeev Bikhchandani @sbikh]

Thanks for putting out these details in Public @deepigoyal I can testify to the fact that discussions on delivery partner welfare and fair compensation occupy a significant percentage of the time in Board meetings. The management and the board are bothered about these.
Now the people who ran this campaign and unsuccessfully tried to organise a strike could have written or come over and asked for this information and got it and had a discussion. However they preferred to instead launch a campaign on social media - it suited them and their political agenda better