BaselineTech culture, Fintech and…Chemical X
The Building for Bharat movement, a rising phenomenon, reaches for identity under the garb of thought leadership. However, identity is inconsequential to building good products. Much has been written and spoken, in the startup circles, about this idea of building products for…
No complex market-linked variable returns, no surprises. I have a soft corner for Post Office Savings Bank — My first account was a Post Office Account opened through my school. I put a little amount every month via my teacher. Looking into the rules now, I realize that this was…
The ratio of performing assets to the size of employees helps quantify the large gap in operational efficiencies that exists between the small and large banks. Banks employ many ways to measure the output of their employees, including ratios like Operating Profit Per Employee and…
but digital gold is special — ok? As with most of my posts lately — this started as a look into how different regulators regulate the same asset class differently ( More about this some other day ). I dug into gold-related products to see how they are different and thought it…
UPI Payments is good business. But how? A couple of weeks backI wrote about my attemptat uncovering the economics of a UPI transaction. I received quite a few responses from people on the internet. Many wrote in to tell me that I was wrong about the rates. Some pointed out what…
Earlier this year, Facebook introduced a fantastic tool called “why am I seeing this”, that allows a user to look behind the curtains of its news-feed algorithm. To quote Facebook: We’re introducing “Why am I seeing this post?” to help you better understand and more easily…
Regulate later? We are hungry — We go to our current favorite food delivery app and just when we are about to checkout, a mysterious new payment scheme appears. In this post, we look at the Pay Later / Post Paid instruments. How they came into being (hypothesis), how are they…
A tale of numbers. TLDR: The numbers seem to indicate that people are sold insurance manually and they don’t buy it themselves via the internet. If you have shopped around trying to find cheaper vehicle insurance you would have landed at Acko or Go Digit. Ever since I bought my…
Finding out the economics of UPI payments is like trying to play Pin the Tail on the Elephant with a blindfold on. Here’s what we know from the different NPCI circulars and media reports. Update : I’ve written a sequel to this post based on the comments I received for this one…
Companies like Amazon have used selection, pricing and convenience as levers to scale their businesses. Applying the same model to investment platforms will end up producing some adverse consequences. I recently got my dad to switch his Mutual Fund investments from ICICI’s…
So you probably heard some bank running an advertisement campaign saying they are now a scheduled bank. What does this mean? Does it even matter? What is a scheduled bank? As per the Reserve Bank of India Act of 1934 and its amendments, from which the RBI draws its powers and…
The internet has enabled tech companies to capture enormous value by becoming arbitrators of marketplaces they operate. But the financial industry in India is a different beast. Our current mental model of online commerce has come to be heavily influenced by large online…
Mutual Fun — Lay of the land — s1e1 Distributors We interrupt this program for an announcement — We are trying to change things a little at Base, in the meanwhile we thought it would be fun to write a bit about Fintech space in general. We spent the last 2 years dabbling in…
How’s you money health? Mind you, I am not asking about your financial health — that may be up or down, and it is what it is. But what’s your relationship with money like? Friend or foe How does money make you feel? Not the lack of it or the prospect of a windfall… just the…
Our mission at Base is to change your relationship with your money. We’re all about exploring fun and creative ways to save your money. This post offers a quick low-down on getting started with IFTTT. There are two kinds of people in the world: one who save money, and the other…
A week ago we launched Base in private beta. Since then some of you have tried out our new offering but probably most of you have not. We wanted to take a moment to clearly explain what Base is about, and why we think you will find it valuable. This is Base: Base is about making…