A thread ⤵️
▪️Vogo increased ESOPs pool for staff and directors in Feb
▪️Bounce increased its ESOP pool to Rs 127 Cr in Feb
▪️Meesho’s investor Naspers bought ESOP worth $1 Mn in Feb
▪️CarDekho announced ESOP scheme worth $3.5 Mn in Feb; allotted worth Rs 3.51 Cr to 43 staff in March
Jun 9, 2020 • 4 tweets • 2 min read
Google Pay recorded 541 million UPI transactions in May followed by PhonePe with 444 million and Paytm at 124 million.
My story bit.ly/3f3uXye @entrackr
UPI P2M transactions in May 2020
CRED insights on category wise credit card spending trend in three major cities - Bengaluru, Mumbai and Delhi - during lockdown. #essentialservices#medical#grocery #subscription#spending
Credit card spending dropped by 10% when the lockdown was announced in March and went down even further by 51% April-onwards. Subscription spends in Delhi saw a rise of 18%, Bangalore by 11% and Mumbai by 8%.
Jun 5, 2020 • 4 tweets • 2 min read
Layoffs in startups/unicorns during covid19 lockdown
▪️Facebook => Jio (9.9%)
▪️Google=>Vodafone Idea (5% in talks)
▪️Amazon => Bharti Airtel (5% in talks)
Soon after the media reports, Bharti Airtel's stock price jumped 4.3%
Jun 3, 2020 • 4 tweets • 2 min read
ICYMI: "Most Indian businessmen tend to remain SMEs because the scaling mechanics are not taught. Our religion didn’t scale because it wasn’t standardised. If you look at Christianity and Islam it’s fairly standardised, 10 rules 1 God 1 book..boom, it spreads," says Kunal Shah ⤵️
"If you look at concept like a Hinduism, there are millions of gods, probably hundreds of books and I don't know which 10 rules to follow and therefore it's very hard to scale and a lot of our businesses are always like that....
Apr 22, 2020 • 4 tweets • 2 min read
Top 10 downloaded apps in 2019 in India: App Annie report