Mokey Jambani doesn't want to deal with the issues of leverage. Most fin-serve companies first need to borrow money before they can lend it out. By demerging and listing JFS, it kind of negates this problem. Also, Reliance can attract a whole new set of investors to this business. Big institutional players might want to ride India's FinTech wave, but may not want a price of oil and gas or retail.
In today’s episode for 15th July 2023, we dive into Reliance’s latest attempt to demerge its financial services division and maybe disrupt the industry.
Before we begin today's episode, here's a quick side note —
Building a successful startup from scratch is tough; building two? Even tougher.
In our latest YouTube video, we’re sharing our experience of building Finshots & our insurance advisory platform Ditto. And, it’s a story every aspiring entrepreneur should hear.
Learn about the challenges we faced, mistakes we made & the stroke of luck that led to Zerodha’s support.
Check it out now - https://www.youtube.com/watch?v=g1uKX0DDXLI