15-min free advisory... • 1y
But how can anyone make a platform around a payment mechanism. Think about a society when cheque book system came for the first time. How could someone thought of building a business around it. I guess, UPI is just an ease, and not a trait or technology. Another way to say this is - now it is possible to deliver on all pincodes across India. How can Ambani, Adani build a business around it? They cannot. It is a function of any company or business to deliver goods or receive payments from customers. You can leverage it, but cannot bulild a business around it. Though Ambani has a greater chance to leverage than Adani, because former has more B2C businesses than latter.

Hey I am on Medial • 1y
Why are there no billionaires in India that overtake Gautam Adani or Mukesh Ambani? Basically, Mukesh Ambani is a second-generation billionaire. Gautam Adani is also, I guess, second-generation. But people like Warren Buffet, Mark Zuckerberg, Bill Ga
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