Hey I am on Medial • 3m
🧾 The Curious Case of Unused Billions in India In June 2024, SEBI ordered Jane Street to return ₹4,843 crore earned via alleged Nifty expiry manipulation. But even if recovered, the money won’t go to investors—it’ll sit in SEBI’s Investor Protection and Education Fund (IPEF), which remains vastly underused. As of March 2024: 💰 IPEF corpus: ₹533 crore 📉 Spent in FY24: ₹2.8 crore India’s financial system holds vast idle sums: 🏦 RBI’s DEA Fund – ₹35,000+ crore from unclaimed deposits; most people unaware. 📈 Stock Exchange IPFs – NSE: ₹2,700+ crore, BSE: ₹127 crore; <5% used. 🏛️ EPF/ESIC – Crores unclaimed due to dormant accounts and surplus. 🧾 Tax Refunds – Billions stuck in TDS mismatches or outdated filings. These funds were meant to protect citizens—but end up unused due to poor awareness and red tape. Whether Jane Street fines or forgotten accounts, public money remains frozen.
Trivias Around start... • 10m
🚀 2024 In Review: India’s Startup Ecosystem Flourishing Despite Challenges 🇮🇳 🦄 Unicorn Club of 2024: Six New Additions This year, six startups crossed the coveted $1 billion valuation mark, bringing India's total unicorn count to 118. Together
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Dexter Capital Advisors • 5m
I am asking this to Ola Electric’s 17 lakh shareholders: Do you even know why the founder is back to raising money mere 9 months after IPO, when 52% of the money he had raised remains untouched? I have the answer that no analyst or media is telling
See MoreEntrepreneur • 10m
Kiyosaki’s Bold Bitcoin Predictions: Did They Hit the Mark? Robert Kiyosaki, author of Rich Dad Poor Dad and a well-known financial commentator, made waves with his ambitious Bitcoin predictions throughout 2024. While some of his forecasts remain un
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Dexter Capital Advisors • 21d
In December, I wrote an open letter on LinkedIn to our new RBI Governor, Sanjay Malhotra. And, this post is to thank him - Genuine praiseworthy action ❤️ .. My open letter was penned just a day after Sanjay Sir took over as RBI Governor. - And, m
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