Hi @nithin ,
What do you think why is SEBI hitting every industry one after the other?
First it was P2P now, it is SDIs (ref the screenshot from the press release)
What’s your take in alt investment platforms that were securitizing assets and converting them into SDIs will do now?
Yeah, it doesn’t look like they can exist. For every platform that was doing the right thing, there are probably ten others that aren’t.
What could be the best pivot for companies that have raised VC money and for the ones that have recently spent monies to acquire those licenses?
hmm… pivot, not sure.
Shutting the shop… My entrepreneur side certainly would not be in favor of that
I still remember (either you or Nikhil) said once that a regulator sitting in their AC room can kill a business conveniently by changing the regulations.
I actually felt that