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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A spate of employee exits and potentially misrepresented transactions threaten to derail the promising start made by the young company.
Editor's note: Real estate, especially as an avenue of investment, is a tricky—yet wildly popular—industry. In India particularly, it’s an industry that is often fraught with complex regulation, booms and busts, and occasionally unscrupulous actors. (And that’s without even considering property as a black money or tax evasion channel.) In any case, the business of investing in real estate is a huge opportunity, and one that several startups have jumped on to. The usual pitch is an innovative financial structure, maybe coupled with some sort of digital platform to get tech company valuations, that allows new kinds of investments. One such startup is Strata. Founded in early 2019, the company has been backed by SAIF Partners (the venture capital fund now branded Elevation Capital) and Mayfield India and offers individual investors a chance to own and earn income from commercial real estate. We’ll get into the details of the business model later, but essentially, Strata pools in money from investors to purchase commercial properties, which it manages on their behalf, sending them rental income and possibly an exit through a sale in …
A spate of employee exits and potentially misrepresented transactions threaten to derail the promising start made by the young company.
Editor's note: Real estate, especially as an avenue of investment, is a tricky—yet wildly popular—industry. In India particularly, it’s an industry that is often fraught with complex regulation, booms and busts, and occasionally unscrupulous actors. (And that’s without even considering property as a black money or tax evasion channel.) In any case, the business of investing in real estate is a huge opportunity, and one that several startups have jumped on to. The usual pitch is an innovative financial structure, maybe coupled with some sort of digital platform to get tech company valuations, that allows new kinds of investments. One such startup is Strata. Founded in early 2019, the company has been backed by SAIF Partners (the venture capital fund now branded Elevation Capital) and Mayfield India and offers individual investors a chance to own and earn income from commercial real estate. We’ll get into the details of the business model later, but essentially, Strata pools in money from investors to purchase commercial properties, which it manages on their behalf, sending them rental income and possibly an exit through a sale in …
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
Its biggest banking customer, Unity Small Finance Bank, has decided to part ways. The departure comes at a time when the fintech infrastructure startup has been trying to become a full-stack banking software provider.
Vijay Shekhar Sharma’s fintech has reported its first operationally profitable quarter. However, he will need to wait to win back the regulator’s trust for Paytm to scale further.
The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.
Its biggest banking customer, Unity Small Finance Bank, has decided to part ways. The departure comes at a time when the fintech infrastructure startup has been trying to become a full-stack banking software provider.
Vijay Shekhar Sharma’s fintech has reported its first operationally profitable quarter. However, he will need to wait to win back the regulator’s trust for Paytm to scale further.
