Finternet: The Future of Finance Explained Like You’re 10 (Well, Almost!)
- December 10, 2024
- by
- Nishant
At the recently concluded Global Fintech Fest in Mumbai, Nandan Nilekani introduced an exciting new concept: Finternet. This revolutionary idea could transform the financial world, making it more efficient and user-centric. By leveraging cutting-edge technology, Finternet envisions a future where financial institutions, users, and businesses operate seamlessly, allowing users to control how their financial instruments interact for maximum benefit.
While it may sound futuristic or even far-fetched today, remember how the Unified Payments Interface (UPI), Account Aggregator (AA), and Beckn Protocol (powering ONDC) started. Each of these took years to become...
Human Error or Design Faults
- December 07, 2024
- by
- Nishant
We’ve all been there—frustrated by a bad outcome, whether as a victim or a culprit of poor design. But have you noticed how our reactions differ based on the perceived fault?
When a machine fails, we dive into root cause analysis—hardware glitches, software bugs, or design flaws—and work to fix them. Yet, when humans are involved, we often default to blame: “They should have been more careful” or “How could they not understand?” Rarely do we ask if the design itself set them up to fail.
Dan Norman, the godfather of Design...
The Karnataka Platform-Based Gig Workers (Social Security and Welfare) Bill 2024: A Blueprint for Gig Worker Protection in India
- December 07, 2024
- by
- Nishant
I stay in Bengaluru, hub of perhaps most gig work based platforms. Whenever I order my food from Zomato or watch delivery boys scuttle through the traffic, I sometimes wonder about the skill set they are adding and whether after 5 years, they will remain relevant. I have worked with gig workers and similar segments closely for the last 12 years, and there are no easy answers. So, I was happy to see that the Karnataka government last July had come forward with a Gig Workers welfare bill. While the...
Founder’s whisper: Building Insurtech in India
- December 07, 2024
- by
- Nishant
Meet Chiranth Patil, the founder of RiskCovry, one of India’s leading insurtech platforms. Before achieving this success, Chiranth experienced a series of failures and limited successes. However, his persistence and vision led him to an idea that, together with like-minded colleagues, evolved into one of India’s first Insurance-as-a-Service platforms.
In this interview, Chiranth shares his journey, offering valuable lessons for startups and founders. Tune in to hear how his unwavering passion for entrepreneurship and resistance to the corporate world paved the way for @RiskCovry’s success
...