So many got it at Rs. 1. What kind of a strategy is to basically give away for free and them claim big numbers? They should be concerned about retention.
Bro do you really think invester money is only for fd or saving in banks ?
They are using this money to expand simply after that they will enjoy profit with 15-25% market share in that space
Instead of earning small intrest through banks on FD OR RD diposit will you prefer gifts instead of money . Gifts will save your cost for buying anything
Wait a minute how are they even saving money doesn't google map is free
7 replies9 likes
Soumya Ranjan Dash
Hit & Trial • 10m
Entry level Salary offered by IT firms in 2003-04: around 2.5-3Lakhs.
Entry level Salary in 2022: around 3-3.5Lakhs.
Inflation every year is around 6-7%.
Yet FD is where 58% of Indians have invested.
FD is safe
FD ensure liquidity
FD return doe
We think of banks as places that store our money and keep it safe.
But that’s not really what’s going on.
When a bank gives out a loan, they don’t get poorer.
They simply type new money into your bank account.
It’s brand-new money that never exis
Imagine instead of keeping your money in boring savings account, you could simply do an FD of it and get good interest rates, but also get a steady no interest credit line upto FD amount to be used by you for daily expenses?
Basically your money will
All eyes on Budget 2024-25
ACMA pitches the gov to increase capex and decrease Gst
They said that the depreciation charger on PPE should be shifted from 15%-25% and the
EVs manufacturing units urged to decrease Gst on EVs and components in order t
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5 replies12 likes
Havish Gupta
Figuring Out • 1m
How Chime Became America’s Biggest Neobank!
So Back in 2012, Chris Britt and Ryan King realized that people were living paycheck to paycheck while banks were making billions from overdraft fees, monthly charges, and intrests.
Thus, they decided to
Earning is an important part of life. But more important than that is the proper use and saving of the money you earn.
Where do you want to invest your earned money ?
Are we going to see more such founders?
What are your thoughts? Should founders run after saving money or should they not care about it to retain talent!
3 replies6 likes
Trademan
Business strategist ... • 1y
Road back home,
I saw a hotel which had huge queue and stopped to look on it.
Guss vt was another day seeing people valuing
Their money more than time.
From this I understood that,
Saving consumers money is more valued then saving their time.
Zo