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Nilesh Pathak

Pursuing MS, CMU

Seeker [?]

A person you follow posted a new opinion on Nov, 17 2016

In Baniya vs flipakart/ Amazon, which side are we on ?

Rohit pande had posted

In what way is flipkart building something new and innovative. Or did you mean COD as an innovation


Nilesh Pathak Pursuing MS, CMU

Flipkart is pioneer of e com in india.

They have built something for India which did not exist before Flipkart, they might have copy pasted the idea but who cares, India never had e com before flipkart.

COD howeve small it might seem but made sure ecom reaches to the masses. IT made sure people start to trust online payments, its a leap of years. You might say ye to hona hi tha, yes but then someone had to do it and they did.

Flipkart is pioneer of e com in india.They have built something for India which did not exist before Flipkart, they might have copy pasted the idea but who cares, India never had e com before flipkart. COD howeve small it might seem but made sure ecom reaches to the masses. IT made sure people start

Nilesh Pathak agreed with an opinion onNov, 16 2016

AMA with Meera Sanyal on Demonitization of Currency

Romil had posted

Will the demonitization increase or decrease the Foreign Investments in India? Will it affect the existing startup scenario?



Nilesh Pathak agreed with a discussionNov, 16 2016

Demonitization

When a survey says 86% Indian believe it is good for country and we are ready to bear the pain. Sd we listen to 86% or 14% ? Queues outside ATM is bound to come down in coming days. Is dere any other single loophole in dis scheme u can point out.
Nilesh Pathak posted an opinion to a discussionNov, 15 2016

Indelible Ink When You Exchange Notes, Just Like When You Vote

I would appreciate this ink system if it's used to process un-inked people on priority first and allow inked people only after the un-inked queue is cleared. For checking weekly exchange limit, they can perhaps stick to the ID proof system.

Those who have not exchanged anything yet should be given a preference over those who are coming for repeat exchanges!

I would appreciate this ink system if it's used to process un-inked people on priority first and allow inked people only after the un-inked queue is cleared. For checking weekly exchange limit, they can perhaps stick to the ID proof system. Those who have not exchanged anything yet should be given
Nilesh Pathak agreed with an opinion onNov, 12 2016

Impact of demonetization on startup investments- Ask Sanjay Mehta

Sanjay Mehta had posted

My take is Whataspp for its small rockstar technology team which manage scale so efficiently at global scaleIn India I find Zippr (www.zippr.in) which is building infrast



Nilesh Pathak posted an opinion to a discussionNov, 09 2016

Does anyone want to wager a bet on Trump ?

Rohit pand did you put your money on Trump. You might earn a fortune today
Nilesh Pathak posted an opinion to a discussionNov, 08 2016

Surgical Strike on Black Money !

Summary of the important announcement :

1. ATM's wouldn't wouldn't work on 9th and 10th November. Rather the withdrawal limit is Rs. 2000 only.

3. All Residents have option till 30th December 2016, to deposit their existing cash balance of 500 and 1000 rupees in their bank accounts.

4. ATM withdrawal is limited post 11th Nov to 10000 per day, but initial few days it would be 2000 Rs. Only.

5. Emergency periods like hospitals and chemist, train ticket booking and airline ticket booking, petrol pumps may accept the old notes to 11th November.

6. No changes in online, card, cheque or any other plastic money transactions.

7. 9th November, banks wouldn't be available for public banking services.

8. New notes of 500 rupees and 2000 rupees would bring in circulation, mostly from 31st March 2017.

*RBI to issue ₹2000 Rupees Notes coming February 2017*

The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a *NGC (Nano GPS Chip)*

*How the embeded NGC Technology Works?*

The unique feature of the NGC is it dosent need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note

*How will this help eradicate black money menace?*

Since every NGC embeded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks & other financial institutions. The information will be passed on to the Income Tax Department for further

Summary of the important announcement : 1. ATM's wouldn't wouldn't work on 9th and 10th November. Rather the withdrawal limit is Rs. 2000 only. 3. All Residents have option till 30th December 2016, to deposit their existing cash balance of 500 and 1000 rupees in their bank accounts. 4. ATM withdr
Nilesh Pathak disagreed with a discussionOct, 29 2016

Is justdial on a irreversible slide to the bottom ?

Justdial is an amazing story of persistence and bottom up innovation ( Make in India way ) but has it been disrupted by the twin march of technology and capital. On the one hand, models like olx and quikr, who are not really being judged by profitability at this stage of their evolution, and the on the other hand, the clear threat to the small businesses gravitating towards the tech biggies like google and Facebook for their needs.


Are investors judging just dial by the wrong metrics of profit and revenue ? forcing them to expand sales operations with an undifferentiated product which is rapidly slipping.

Justdial is an amazing story of persistence and bottom up innovation ( Make in India way ) but has it been disrupted by the twin march of technology and capital. On the one hand, models like olx and quikr, who are not really being judged by profitability at this stage of their evolution, and the on

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