It is said that the VALUE is in the eyes of the beholder so in the next 15 min, let me derive the VALUATION range for #Mamaearthipo with facts and figures.
A thread 🧵
#mamaearth became the 1st unicorn in 2022 with signs of profitability and is likely to be the 1st new age D2C Startup to have an IPO after audiotech brand #Boat withdrew its IPO plans earlier this year citing uncertain market; it is imp to understand the positioning of #Mamaearth
Jan 1 • 9 tweets • 4 min read
In every MLM scheme, you need a Product to be marketed where the early participants gains whereas the last entrants lose money and are struck
In case of #Mamaearthipo , the "shampoo" is not the Product but the "Founders" are the Product.
Lets understand the Game!
1. The Startup has raised $126 million ( 1000 Cr ) in 8 rounds to reach at the revenue of 920 Cr.
It is like paying you Rs. 100 to buy their product of Rs. 92
Dec 12, 2022 • 4 tweets • 1 min read
Salient features of Code of Civil Procedures which every common citizens should know
A thread ( 1/n)
There are High Courts, District Courts and civil courts sub-ordinate thereto and Small Causes Court to which a Plaintiff can lodge his case (plaint) and the other party is called Defendent and the final decision is called DECREE which is formal expression of an adjudication.
Oct 29, 2022 • 14 tweets • 14 min read
Suggested itinerary for #Vietnam with some hidden gems and unexplored places as per public demand!
If you think #Travelling Is Expensive, you might just be doing it wrong
This is how I booked my #Maldives Package for Rs. 28k ( $375 ) per person ( 3 pax )
A Thread ( 1/n )
While for most people extravaganza is a symbol of luxury, for me Maldives has been abt different shades of Blue which itself is a luxury to behold
Maldives are an archipelago of 1,192 coral islands grouped into 26 coral atolls ( 154 islands tourist resorts) in the Indian Ocean
May 17, 2021 • 8 tweets • 2 min read
The content of email written by student considered as derogatory remarks and her apology letter. Sadly, she has to go through such a turmoil.
Remarks by High Court which should enable ICAI ( us ) to introspect the internal system and accountability.
A perusal of the e-mail sent by the petitioner
reveals that the same was addressed to President and
other office bearers and not to the Exam Committee. Hence, the EC ought not have taken cognizance of an e-mail sent to the President, unless the President directed it to do so.
May 16, 2021 • 12 tweets • 12 min read
Today, would like to share the thought process and inspiration behind building the South Gujarat's first #Coworking@ikoverk
Coworking Spaces are Plug and Play offices for #Startups, #Freelances, #Consultants and #SMEs but we wanted to build something more- a Community (1/n)
As you enter, you with find a Large Front desk with volunteers to guide you and onboard you for a 7 Days Free Trial amidst the aroma of Coffee and chirping of fellow coworkers discussing new ideas.
After CA in 2009, when seniors suggested that I should join "Big4" for few years, then join own practice but I believed that I should start right away and make my next office with my own perception of an ideal office. It took 10 years but would like to share the vision (1/n)
The Promoters' Cabin is built on the theme of "Possibilities"
The Art work depicts all possibilities of winning in a Tic Tac Toe game meaning therein that when you come here, all the possibilities for winning a "Tax Litigation" is taken care of.
Apr 10, 2021 • 4 tweets • 2 min read
After Lockdown Birthday last year, I feel blessed to have office collegues who can be so "expressive" inspite of working in a COVID shell from a year.
Sticky Notes with birthday wishes from each staff. If I can guess who wrote it, I get the chocolate or its to be returned!
Where the word used is 'Hope to learn', it means new interns!
Planning to give a short submission to each staff today, and match the handwriting!
Apr 10, 2021 • 5 tweets • 1 min read
Myth : When your oxygen Goes below 90 % , Get admitted.
Now if you see data.
More than 50 % of deaths are within 48 hours of admission.
What does it mean.
PEOPLE ARE REACHING HOSPITAL TOO LATE
Once Resting Oxygen is less than 90 % , more than 60% of your lung is involved.
So How would you prevent this :
Whether its Home Treatment ( Not home isolation) or hospitalization .
EARLY TREATMENT is the key.
Fever , bodyache, weakness and in aged loss of appetite are early symptoms, Dont neglect them .
Sep 26, 2020 • 8 tweets • 8 min read
Took Rs. 1380 Crore in 2017 for @Infosys_GSTN but there is no end of errors. Enough of Representations to @FinMinIndia and @Infosys_GSTN. Its time to deal the corporate way. I urge all to post one error and tag one client of @Infosys and ask them if they also get such service ?
When @Infosys designed Softwares for you, did you also face same problems like delayed OTPs after expiry, need for customer standing in online queue while logging in and mistake in calculation,like we taxpayers face as GST penalties are calculated wrong?
Sep 25, 2020 • 7 tweets • 3 min read
@IncomeTaxIndia@narendramodi fulfils his word to roll out the Faceless Appeal Scheme on 25th Sep on occasion of #deendayaljayanti. Distinguished features of the Scheme are: 1. There shall be National Faceless Appeal Centre , Regional Faceless Appeal Centres and Appeal units
The National Faceless Appeal Centre shall assign the appeal to a specific appeal unit in any one Regional
Faceless Appeal Centre through an automated allocation system #FacelessAppeals#FacelessAssessment
Sep 13, 2020 • 6 tweets • 5 min read
The #COVID scenario would want you to try new gadgets. In life, it is really important to explore and settle for optimal solutions rather than the "stated best" and so these are 5 reasons I opted for @LGMobileGlobal#G8xThinQ#dualscreen compared to @SamsungMobile#Fold21. Like any other foldable phone , ThinQ is also bulky but Dual screen comes as an accessory which is detachable when you want to not multitask but use a simple phone. Thus instead of using bleeding edge and expensive tech, LG has made something less impressive but more practical
Aug 30, 2020 • 6 tweets • 3 min read
5 Reasons why Faceless Appeals without options for Video Conferencing etc might prove to be a nightmare for taxpayers. @nsitharaman@theicai@FinMinIndia@IncomeTaxIndia@CAclubindia@taxguru_in@itatorders #FacelessAssessment
The major reason for tax liability in initial years of Faceless assessment would be instances arising out of communications and system lacuna and errors and then Faceless appeal would further add to the fuel with the same system shortcomings instead of coming to taxpayers' rescue
Jul 30, 2020 • 9 tweets • 11 min read
Would like to present my e-Book on Angel Tax which shall be a helpful guide when someone invests in Indian Startups