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Havish Gupta

Figuring Out • 1y

Even EdTech companies are finding it difficult to grow while gambling companies are tripling their revenue! And the best part, it is profitable with ₹100 crore+ profit

https://medial.app/news/gaming-startup-winzo-triples-revenue-fd4b2192b927d

30 replies36 likes

Replies (30)

Ravi Ranjan

Noob Entrepreneur 🤓 • 1y

In Developed nation people admire Education while in Developing nations people admire money. They even study with motive to earn money and don't understand that purpose of education is to groom you and not for earning. That's why Indians easily attracted this gambling platform with hope of earn quick money and easily deceive by fake advertisement.

2 replies3 likes

Anonymous 2

Hey I am on Medial • 1y

EdTech se zyada tech inke paas hai actually 😂

2 replies3 likes

Jaswanth Jegan

Founder-Hexpertify.c... • 1y

Government makes more money than those platforms GST on online gambling is 28% on the total bet value🤷🏻‍♂️😂

2 replies2 likes

Arnav Wagh

Hi • 1y

Sounds like a bubble about to burst anytime

2 replies2 likes

Sajin
•

Foundation • 1y

In a developed country, ppl make big bets. In a developing country, the pot gets smaller, but we have lots of players as the affinity to risk small to win high is bigger

1 replies6 likes

Shravan Kumar

Hey I am on Medial • 1y

People who are middle and lower middle think chase chance of being sudden rich so they choose this type of platform to find it but they fail to realise that they are loosing penny penny every day which makes them rich over time.

1 replies3 likes

Niyati Davda

CA Aspirant | Mithib... • 1y

This is like alcohol, it generates revenue to the government so it can't stop selling alcohol and also there is a user market for the same. Both are ethically wrong, alcohol and gambling but the sad reality is that consumers need it.

1 replies3 likes

Havish Gupta

Figuring Out • 1y

Sorry for calling this a gambling app. It is a "game of skills"

1 replies3 likes

Anonymous 1

Hey I am on Medial • 1y

This is the reality of Indian consumers and where they are willing to spend. Also sad as this being called “Online gaming” by the govt. :/

1 replies3 likes

Looper

If nothing goes righ... • 1y

Edtech became very expensive and people just get to know the reality of it.

1 replies2 likes

Anirudh Gupta

CA Aspirant|Content ... • 1y

People crave for instant money that's it. In that delusion they may get huge returns or unbearable losses. But the latter actually happens more.

1 replies1 like

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