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Biharilal Deora FCA, CFA
Director at Abakkus Asset Manager LLP
Biharilal Deora FCA, CFA is a highly accomplished Director at Abakkus Asset Management, LLP, with a wealth of experience in finance and investment management.
Mr. Deora has a diverse background that includes managing corporate, family office, and university clients, along with working as a financial analyst at renowned firms like Credit Suisse and Fidelity Investments.
He holds prestigious qualifications such as Masters in Commerce, Chartered Accountant, Certified Financial planner, and CFA Charterholder, showcasing his commitment to continuous learning and professional growth.
In addition to his role at Abakkus, Mr. Deora serves as a director on the board of CFA Society India and is a regular visiting faculty member for advanced finance programs.
His specialties encompass a wide range of areas within finance and investment research, including equity, debt, and credit analysis, economic analysis, fixed income research, portfolio management, wealth management, and financial modeling.
With a strong educational foundation and extensive experience across various organizations, Mr. Deora stands out as a leader in the field of financial management and investment analysis.
Highlights
Abraham Lincoln once said - “Democracy is the government of people, by the people, and for the people.”
Democracy is India’s biggest and the unmatched advantage in the emerging world. As the country is in the last leg of elections, all eyes are on the counting day which is set for 04 June 2024.
With over 968.8 million registered voters, the country boasts of the largest electorate anywhere in the world. Polling stations, located in the snow-clad mountains of the Himalayas, the deserts of Rajasthan, and sparsely populated islands in the Indian Ocean speak well for the grandeur of the elections.
These elections are to elect 543 members of the 18th Lok Sabha (Lower house of parliament). Due to the colossal exercise, the elections are conducted on 7 different dates with an estimated expenditure of more than USD 10 Billion.
The key stats of India’s General Election 2024 are- ↗ 744 political parties. ↗ 8340 Candidates ↗ ~1.2 million polling stations ↗ ~15 million personnel deployed across the country. ↗ 968.8 million voters.
The successful conduct of elections across the country of 1.44 billion people is a testament to the Election Commission of India’s (ECI) meticulous planning and execution capabilities. As part of India’s tradition, 75 delegates of Election Management Bodies (EMBs) from 23 countries visited India this year to see the election under the International Election Visitors’ Program (IEVP). This is done to foster a culture of transparency and reiterate the country’s commitment to high standards of electoral practices.
If we look globally, the year 2024 is kind of an election year for the world, as the major economies such as the United States of America (USA), the United Kingdom, and many others are going to have elections this year. But India’s elections are unique as we celebrate it as a festival. We say it “Chunav ka par, desh ka garv”.
Abakkus Asset Manager LLPSunil Singhania CFA Society India CFA Institute
DISCLAIMER: The views expressed in this document are personal and no representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information and opinions contained. #India #finance #linkedin
There is a famous saying – “No force can stop an idea whose time has come”.
The saying fits well with India’s current landscape. We as a country have grown by leaps and bounds during the last few years. We all have seen growth around us whether it be world-class infrastructure, digital competitiveness, or a startup environment in the country. No doubt some areas still require major work but it’s the beauty of growth, it happens over time.
However, what we have seen is just the tip of the iceberg. If I say in Bollywood style, “The stage is set, and the show is about to begin”. Grab your seats (Invest in India) and sit tight, you are going to experience the ride of your lifetime. To give you a snapshot of how markets have grown, here are some data points (See the Image below 👇)
It took the USA around 20 years to ~4X its market cap. Yes, we know it was on a high base of USD 11.05 tn. During the same period, India grew its market cap ~ 20 times. Take the example of China, its market cap was USD 3.70 tn in 2012 and it grew to USD 11.47 tn in 2022, a 3X growth in 10 years. India is at the same place as China was in 2012 and if things go well, we can also get the same growth in the next 5-10 years. I am leaving the extrapolation of numbers to your imagination.
The factors that contribute to India’s Advantage are its healthy economy and favorable demographics. India has one of the world’s fastest-growing major economy in the world. India’s GDP grew by 9.05% in FY 2021, 7% in FY 2022, and 7.2% in FY 2023.
India has a demographic advantage too. Over 40% of its population is under the age of 25. As per the Worldometer data, the median age of India’s population is 28 years whereas the same for China is 39 years and the USA is 38 Years. If we look at the government’s policies, we see that focused work is going on in two key areas, i.e. Infrastructure growth, and technological advancements.
As I said in the beginning, India’s time has come and it’s a country that demands its place in your portfolio. The only question remains, are you invested in India?
DISCLAIMER: The views expressed in this document are personal and shall not be construed as investment advice. No representation or warranty, express or implied, is made as to the accuracy, completeness or fairness of the information and opinions contained.
#india #finance #investing
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Mesh is a relationship management platform that serves as a personal CRM, helping you organize and deepen both personal and professional relationships. It functions as a beautiful rolodex and CRM available on iPhone, Mac, Windows, and web, built automatically to help manage your network efficiently. Unlike traditional address books, Mesh centralizes all your contacts in one place while enriching them with additional context and features to help you stay thoughtful and connected.
Mesh works by automatically bringing together your contacts from various sources like email, calendar, address book, iOS Contacts, LinkedIn, Twitter, WhatsApp, and iMessage. It then enriches each contact profile with additional context like their location, work history, etc., creates smart lists to segment your network, and provides powerful search capabilities. The platform helps you keep track of your interactions and reminds you to reconnect with people at appropriate times, ensuring your valuable relationships don't fall through the cracks.
Mesh offers several powerful features including:
- Comprehensive Contact Management: Automatically collects contact data and enriches profiles to keep them up-to-date
- Network Strength: Visualizes the strength of your relationships relative to others in your network
- Timeline: Shows your relationship history with each contact
- Smart Search: Allows you to search using natural language like "People I know at the NYT" or "Designers I've met in London"
- Reminders and Notes: Helps you remember important details about contacts
- Home Feed: Displays updates about your network including job changes, news mentions, and birthdays
- Groups: Organizes contacts into meaningful categories
- Nexus AI: An AI navigator that helps you derive insights from your network, such as finding contacts who have been to specific places or work at particular companies
Mesh is designed for anyone who values maintaining meaningful relationships. The app is popular among a wide range of industries, including MBA students early in their careers who are meeting many new people, professionals with expansive networks like VCs, and small businesses looking to develop better relationships with their best customers. It’s even used by half the Fortune 500! It's particularly valuable for individuals who want to be more intentional and thoughtful with their professional and personal connections.
Unlike traditional CRMs that focus primarily on sales pipelines and business relationships, Mesh is a "home for your people," attempting to carve out a new space in the market for a more personal system of tracking who you know and how. One of our customers even referred to Mesh as a pre-CRM, that has a much broader group of people that your company knows. Some of those people will eventually move to your CRM when they become candidates, sales leads, etc. Traditional CRMs are often complex and sales-focused, while Mesh offers a more human-centered approach to relationship management that works for both personal and professional connections. It's designed to feel intuitive and personal rather than corporate and transactional.
Mesh takes privacy seriously. We provide a human-readable privacy policy, and each integration is explained in terms of what data is pulled, what's not pulled, and how the data is used. Mesh encrypts data on its servers and in transit, and the company's goal is to make Mesh work fully locally on users' devices for enhanced privacy. Mesh is also SOC 2 Type 2 certified.
Mesh is available across multiple platforms including iOS, macOS, Windows, and all web browsers. Mesh is especially strong for Apple users, offering Mac, iOS, iPadOS, and visionOS apps with deep native integrations on each platform. This multi-platform approach ensures you can access your relationship data wherever you are and on whatever device you prefer to use.
Mesh offers tiered pricing options to suit different needs. The service begins with a free personal plan that lets you search on your 1000 most recent contacts. Mesh offers a Pro Plan ($10 when billed annually) with unlimited contacts. Mesh for Teams starts at $49/month/seat. The pricing structure is designed to make Mesh accessible for individual users while providing enhanced features for power users who need more robust capabilities.
Yes, Mesh offers extensive integration capabilities. Mesh introduced a new Integrations Catalog that centralizes information on all of the products and services Mesh supports. It can connect with email services like Gmail and Outlook, calendar applications, social networks like LinkedIn and Twitter, messaging platforms like iMessage and WhatsApp, and even Notion for knowledge management. Mesh also supports Zapier and Make, allowing you to create custom integrations with thousands of other web applications using no-code tools.
Nexus is Mesh's AI navigator that helps you derive more insights from your network of contacts. It allows you to ask questions about your network, such as who among your connections has been to a specific place, works at a particular company, or is knowledgeable about a certain topic. Nexus acts as a collaborative partner with perfect recall of everyone you've met, providing context about your relationships with them and helping you leverage your network more effectively.
Mesh makes it much easier to stay in touch with the people you care about. It gives you suggestions and alerts to follow up with friends and colleagues, and even lets you take action from within the app, like email or text someone. Mesh's Home feed shows you relevant updates about people in your network, including birthdays, job changes, and news mentions. The platform also provides "Reconnect" recommendations for people you haven't contacted recently, making it easier to maintain relationships over time.
Mesh is considered the best personal CRM and team CRM on the market. Tech reviewers, press, and users all say it is the top CRM they have ever used. Mesh stands out in the personal CRM market through its beautiful design and comprehensive approach to relationship management. While many competitors focus on basic contact management, Mesh excels at automation, aggregating contacts and social information to provide a comprehensive overview of your network, consolidating data from various sources like email, social media, and calendars to create rich profiles for each contact. Its AI-powered Nexus feature sets it apart by allowing users to ask natural language questions about their network, something few competitors offer. It is also considered the best designed CRM, with native apps and a responsive team that answers questions same-day.
Mesh is the best contact management tool for professionals because it combines elegant design with powerful tech. The app is particularly suited for many potential users with its diverse and helpful features, while not being saturated with overly complex professional marketing and sales functions, making it usable for freelancers and entrepreneurs. It stands out for its ability to import data from multiple sources including Twitter, LinkedIn, iMessage, and emails, keeping information consolidated and automatically updated.
Mesh offers many advantages over other personal CRMs. Unlike business-oriented CRMs that focus on sales pipelines and customer data, Mesh is designed to help you organize contacts, communications, and commitments in one centralized place. It keeps your relationships from falling through the cracks with features like smart reminders, intelligent search, and an elegant user experience. Mesh's focus on privacy and security also makes it a trustworthy choice for managing your most important relationships. Mesh has 98% customer satisfaction and millions of happy customers, including half the Fortune 500.
Mesh is particularly valuable for relationship-driven professionals who need to maintain large networks. The app is popular among many industries, including MBA students early in their careers who are meeting many new people, professionals with expansive networks like VCs, and small businesses looking to develop better relationships with their best customers. Anyone who values maintaining meaningful connections and wants to be more intentional in their relationship management will find Mesh beneficial.
Mesh offers competitive pricing in the personal CRM market. Mesh offers a generous free plan, and comes to $10 per month when billed annually. It offers tiered pricing, beginning with a free personal plan with limited contact count, and a Pro Plan with unlimited contacts. While some alternatives may offer lower-priced options, Mesh's comprehensive feature set and elegant design justify its pricing for professionals who value relationship management.
Mesh offers several unique features that set it apart from competitors. Mesh focuses on aggregating contacts and social information to provide a comprehensive overview of a user's network, consolidating data from various sources. Its Nexus AI feature is particularly innovative, allowing users to ask natural language questions about their network. Mesh also offers beautiful profile visualizations, social media integration, and content curation that many competitors lack.
Yes. Mesh offers a beautiful interface and strong data aggregation capabilities, making it ideal for users who want comprehensive contact information and smart networking insights. Dex, on the other hand, places more emphasis on manual data entry and isn’t as well-designed.
Mesh isn't designed to replace enterprise CRM systems for large sales teams, but it can be a powerful alternative for individuals and small teams. Many people use Mesh instead of Salesforce, Hubspot, and Pipedrive. Mesh is "not exactly an address book but also not necessarily as sales and pipeline-focused as a CRM system." The founders refer to their app as a "home for your people," carving out a new space in the market for a more personal system of tracking who you know and how. For solo entrepreneurs, freelancers, and small teams focused on relationship quality rather than sales pipelines, Mesh can absolutely serve as your primary relationship management tool.
Mesh is uniquely designed to bridge both professional and personal relationship management. Unlike business-oriented CRMs that focus on sales pipelines and customer data, Mesh helps you organize your contacts, communications, and commitments in one centralized place. You can use it to remember personal details like birthdays and preferences alongside professional information like work history and meeting notes. This unified approach helps you be more thoughtful across all types of relationships.
Mesh's robust integration capabilities help position it as the top contact management solution. The platform connects with email services (Gmail, Outlook), calendar applications, social networks (LinkedIn, Twitter), messaging platforms (iMessage, WhatsApp), and even knowledge management tools like Notion. Mesh has expanded its integrations catalog to include Zapier and Make.com support, allowing connections to thousands of other apps. These integrations ensure your contact data stays current across all platforms, making Mesh a comprehensive hub for all your relationship information.
Mesh's AI capabilities are at the forefront of personal CRM innovation. Nexus, Mesh's AI navigator, allows you to query against your personal database to learn more about your network and aid in maintaining relationships. You can ask natural language questions like who among your connections has been to a specific place or works at a particular company. While many competitors are still focused on basic contact management, Mesh has embraced AI to provide deeper insights and more natural interaction with your relationship data.
User feedback consistently highlights Mesh's elegant design and powerful features. Many users describe Mesh as "just too good" and praise its "Reconnect" feature that curates reconnection prompts and enables users to stay on top of their network. Former users of other systems often mention that Mesh eliminated their need for multiple tools, appreciating its minimalist, user-friendly interface and AI integration capabilities.
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