Summary but listen it fully: 1. Total Fin-tech market: sub-segment of 100 Mn (Nithin), Phonepe will hit 500Mn Life-time user till Diwali and have 300Mn annual active users currently. According to Sameer, Valuations are over-hyped if you see a VC model of 8 years DCF, but promising for 20yr model if startups can sustain. 2. Fintech companies per sector: Phonepe is in distribution market, no intention to manufacture fin-tech products. India genuinely needs only 2-3 high-class companies in any segment, not the 75-100 companies which results in margin pressure. 3. Insurance for Phonepe: Currently 4-5 Mn users, have potential to sell it to 20-30Mn current Phonepe users, but confident to sell insurance to 100Mn users over next 10 years. 4. On Phonepe entry in loans: Beta launch is positive, don't want to open-up funnel too early. Target is to keep NPAs in low single-digit. Currently, Everyone is giving loans bcoz economy is strong, but it can become challenging once bad conditions occur. 5. Phonepe IPO: Will make Phonepe profitable (PAT, generating Cash), then will IPO. Also, want to get enough time to open-up sectors in which they have entered, experiments with these products.
Summary but listen it fully:
1. Total Fin-tech market: sub-segment of 100 Mn (Nithin), Phonepe will hit 500Mn Life-time user till Diwali and have 300Mn annual active users currently. According to Sameer, Valuations are over-hyped if you see a VC model of 8 years DCF, but promising for 20yr model if startups can sustain.
2. Fintech companies per sector: Phonepe is in distribution market, no intention to manufacture fin-tech products. India genuinely needs only 2-3 high-class companies in any segment, not the 75-100 companies which results in margin pressure.
3. Insurance for Phonepe: Currently 4-5 Mn users, have potential to sell it to 20-30Mn current Phonepe users, but confident to sell insurance to 100Mn users over next 10 years.
4. On Phonepe entry in loans: Beta launch is positive, don't want to open-up funnel too early. Target is to keep NPAs in low single-digit. Currently, Everyone is giving loans bcoz economy is strong, but it can become challenging once bad conditions occur.
5. Phonepe IPO: Will make Phonepe profitable (PAT, generating Cash), then will IPO. Also, want to get enough time to open-up sectors in which they have entered, experiments with these products.
Audio is not good. Kindly reupload
Audio is missing
audio is not good
Bad audio quality
I want to join the summit whenever and wherever it is conducted under money control platforms.What is the process for the same.
Use laptop you can hear clearly
Audio 😭
Hi Samir nigam sir. Jan 20 2024 me credit card payment Kiya abi tak credit nai hua siir phone pay ko kaise believe karenge
Money control Not volume control 😂
Bad audio quality
Its the worst functional app - phonepe
I dont know how he has so many users