Product Breakdowns
Short, structured teardowns: what it is, how it makes money, what's working, and what I'd change.
A vertically integrated eyewear chain that makes its own glasses, opens ~600 stores a year, and uses free eye tests to pull people in.
India's largest UPI app, with nearly half of all volume and a P&L that still loses ₹2,792 Cr a year because UPI itself earns almost nothing.
India's home-services marketplace, now spending its profitable core's cash on InstaHelp, a 15-minute maid-on-demand bet.
The payment gateway that grew into India's full-stack business finance platform — now heading to an IPO at a valuation well below its 2021 peak.
India's budget-first e-commerce marketplace — just IPO'd at a 46% listing pop, built on reseller-driven demand from Tier 2/3 India.
10-minute grocery delivery at a scale no one thought was possible in India — growing revenue 2.5x in a year while losses grow even faster.
India's OG digital wallet, now a full-stack fintech — after years of chasing scale over profit, it just posted back-to-back profitable quarters.
India's digital fixed-deposit marketplace — betting households will pay for simplicity on FDs, bonds, and other safe assets, even as the take-rate stays wafer-thin.
India's largest retail broker by active clients — and one of the few Indian fintechs that's actually profitable.
One app for a family's entire financial life — Indian stocks, US stocks, mutual funds, insurance, credit, all zero-commission.
Rewards creditworthy Indians for paying credit card bills on time, then monetizes the trust that builds around them.
A unified banking and finance-operations platform for growing businesses.
Live, interactive K-12 tutoring built on a proprietary low-bandwidth classroom platform.
Consumer credit and payments for young India, wrapped in a Gen-Z-friendly UX.