Sharechat spent 4000 Cr+ to earn 533cr in rev. What is their future? Have heard from sources that the company is majorly cash-strapped and might go bust in less than two years unless they get acquired or raised at a seriously lower valuation.
Anonymous 9
ย โขย
Meeshoย โขย 1y
Itโs hard to make a social media platform but you have to give it to Ankush and team who have managed to create such a large platform in India. Their users might not be valuable now but eventually they will be as Indiaโs per capita GDP rises.
0 replies1 like
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Nawal
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โผ๏ธ Why they even make such a weird comments on GDP , why not talk about per capita income ?
What's your views guys , how big Indian GDP can be ?
I know India is doing well, and will continue to do so. Honestly, our GDP is improving, but maybe we should also talk a bit about GDP per capita, and how we can increase it. I've never seen these topics openly discussed on news channels.
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Rohan Saha
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Everyone is saying that Indiaโs GDP growth will be 7% this year according to Google, but looking at the current situation, it doesnโt seem like 7% growth is possible.
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PRATHAM
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Germany is way ahead than India than You Thinkโผ๏ธ
The news and social media has ruined the minds of people and somewhat brainwashed them by not revealing the truth. No doubt India is 5th largest economy but in top 10 economy list India has the lowest
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Ritesh Ritesh
Hey I am on Medialย โขย 2m
I think it would be interesting to know what medial can do to become Indiaโs Social Media platform.
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Armaan Nath
Startups | Productย โขย 1y
Unfiltered thoughts (5/5)
There are 3 types of India:
India-1
~Population of 110 Mn
~Per capita income of $10k
~Buys from Flipkart, watch Netflix, drink Starbucks coffee
~Contributes to 40% of India GDP
~Fluent with English
~35Mn credit card users
Debt to GDP Ratio of Indian States.
Arunachal Pradesh, Punjab, Nagaland, Manipur have the Debt to GDP Ratio whereas Odisha, Gujarat, Maharashtra and Karnataka have the lowest Debt to GDP Ratio.
Freebies in Poll Promises by Political Parties is the