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Kushal Kothari
Hustling again in MSME/Saas/Credit | ex-Vyapar, UdaanCapital, Acko
Kushal Kothari, Founder at Stealth Mode
There are a few individuals named Kushal Kothari, but it's unclear which one is the founder of the stealth mode startup:
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Kushal Kothari is currently in stealth mode after leading the credit and partnerships vertical at Vyapar app, a leading SaaS platform. He has an MBA from IIM Ahmedabad.1
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Kushal Kothari is a Computer Science Master's student at NYU who is passionate about cloud computing, data security, and machine learning. He has experience as a software developer.2
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Nijansh Kothari is now building in stealth mode after previously being the Sr. Partnerships Manager at Odex and co-founder/Director (Marketing) at another company.3
Without more specific details about the Kushal Kothari in question, it's difficult to determine conclusively which Kushal Kothari is the founder of the stealth mode startup. The information provided is not sufficient to identify the specific individual.
Highlights
I thought the recent changes in TRAI were supposed to kill spam. And it did. For everyone except Paisabazaar. What loopholes have they figured which no one else have? Is their Telco partner ok with the risk of action from Telecom Regulatory Authority of India(TRAI). Or are they too confident in TRAI never taking any action against them?
These are some of the messages, WITHOUT ever requesting for any product on their site. Also, these are probably 30% of messages I received in the last month, after deleting the rest.
Very curious. Will they ever stop? Will TRAI ever fine them?
Special mention to RBL Bank
Very curious about something:
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The RBI guidelines about a few months ago stated that a customer can only repay a loan directly to a bank with no intermediaries in between.
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Recent guidelines say that an intermediary cannot pay to landlord / tuition by accepting card on behalf of the customer and settling in merchant account
Then how do these card payment apps work? As far as I understand,
- Credit cards are loan lines
- Credit card repayment can be initiated by anyone other than the customer by just paying to the respective card account using UPI/IMPS/NEFT
- Platforms can do a credit card payment (CRED, Phonepe, etc) by accepting payment in Nodal account and paying to respective card accounts
So basically, a customer's (first party) loan from a bank (second party) can be repaid by a third party , to a fourth party (card payment platforms)
Is there a dissonance in the above use cases? Or the latter use case is also a sitting duck for a regulatory intervention?
