Explore every episode of the podcast Paisa Vaisa with Anupam Gupta
| Title | Pub. Date | Duration | |
|---|---|---|---|
| India’s REIT Opportunity with Amit Shetty on Commercial Real Estate and GCC Growth | Paisa Vaisa | 17 Aug 2026 | 00:40:45 | |
India’s REIT market is growing, but how should investors actually understand the opportunity? On this episode of Paisa Vaisa, host Anupam Gupta speaks with Amit Shetty, Chief Executive Officer of Embassy Office Parks REIT, about the evolution of REITs in India and the forces driving the country’s commercial real estate market. Amit explains how REITs generate and distribute income to unitholders, why metrics such as occupancy, DPU, NAV and lease tenure matter, and what investors should evaluate before adding REITs to their portfolios. The conversation also looks at the rise of Global Capability Centres or GCCs, their growing demand for Grade A office space, and why Bengaluru, Hyderabad, Chennai and other major markets continue to attract global companies. Amit discusses rising office demand, rental growth, capital allocation, debt, acquisitions and Embassy REIT’s own expansion journey. They also explore the larger Indian REIT ecosystem, which Amit says has distributed around ₹31,000 crore to unitholders, and why awareness and participation in the asset class still have considerable room to grow. For anyone interested in REIT investing, commercial real estate, income-oriented investing, GCCs, portfolio diversification and India’s office-market growth story, this episode offers a detailed look at where the opportunity may lie. See omnystudio.com/listener for privacy information. | |||
| Why Chasing Returns Hurts Serious Investors in PMS and AIFs | Vaibhav Agrawal | Paisa Vaisa | 10 Aug 2026 | 00:38:28 | |
What does India’s next phase of growth look like and how should investors prepare for it? See omnystudio.com/listener for privacy information. | |||
| Why Investors Switch Mutual Funds Despite Good Returns | Mitu Samar | Paisa Vaisa | 03 Aug 2026 | 00:44:36 | |
Do good returns automatically make a mutual fund trustworthy? In this episode of Paisa Vaisa, Anupam Gupta speaks with Mitu Samar, founder of Eminence Strategy Consulting, about what really drives investor trust in mutual funds. Drawing from research involving approximately 1,200 respondents across India, Mitu reveals why performance may only be the starting point. One in three investors said they trust a fund house’s reputation more than their own knowledge, while 46% of Gen Z respondents said they may consider switching after sustained negative news even when returns are good. The conversation explores the growing importance of fund-manager credibility, brand familiarity, clear communication, customer experience and leadership visibility. Mitu also explains why newer investors often depend on external signals, how women and men evaluate financial brands differently, and why advisors continue to remain an important source of investment guidance. Anupam and Mitu also discuss the mistakes asset management companies make while communicating with existing investors, the challenges investors face during redemptions and life-stage changes, and what AMCs must do to earn long-term loyalty. Is reputation becoming as important as returns? Listen to the complete episode to understand what investors should examine before choosing or leaving a mutual fund. See omnystudio.com/listener for privacy information. | |||
| Managing India’s Crorepatis with Sandeep Jethwani on Wealth Management for HNIs | Paisa Vaisa | 27 Jul 2026 | 00:50:57 | |
India has nearly 1 crore crorepati households, but only around 8,000 to 10,000 wealth managers serving this growing segment. So who really needs professional wealth management, and when is DIY investing enough? In this episode of Paisa Vaisa, Anupam Gupta speaks with Sandeep Jethwani, Co-Founder of Dezerv, about how Indian investors should think about direct mutual funds, financial advisory and PMS. Sandeep explains why choosing funds purely on past performance can be misleading, why last year’s best-performing fund may not repeat its success, and why 40% of Dezerv’s inflows come from investors transferring existing mutual fund portfolios. The conversation also explores the real value of a wealth manager, the cost of professional advice and why investing is often more about personality and mindset than numbers. They also discuss why comparing portfolio returns with friends can lead to poor financial decisions. See omnystudio.com/listener for privacy information. | |||
| How Gajendra Kothari Stayed Invested Through 10 Years of Negative Returns | Paisa Vaisa | 20 Jul 2026 | 00:54:40 | |
Most investors spend their time searching for the best mutual fund. Gajendra Kothari believes the bigger advantage is having the patience to leave a good investment alone. In this episode of Paisa Vaisa, Anupam Gupta speaks with Gajendra of Etica Wealth about his attempt to build a ₹100 crore corpus entirely through mutual funds. He shares how he started with a ₹10,000 SIP, continued investing through years of poor returns and built the temperament required to stay invested across multiple market cycles. The conversation explores why investors chase recent winners, why too many funds can weaken a portfolio and why market declines may benefit people investing for the next 10–20 years. Gajendra also discusses his approach to Nifty 500 index funds, asset allocation, debt for short-term goals, large-, mid- and small-cap funds, and current opportunities he sees in Indian IT, banks and China. At its core, this episode is about simplifying wealth creation: start early, automate your SIP, avoid unnecessary interference and give compounding enough time to work. The views expressed are personal and should not be considered investment advice. See omnystudio.com/listener for privacy information. | |||
| Inside a Hedge Fund Manager’s Mind: Risk, Shorts and Absolute Returns | Paisa Vaisa | 13 Jul 2026 | 00:42:08 | |
Traditional long-only investing is generally focused on finding securities that can increase in value. A hedge fund manager must also search for risks, weaknesses and opportunities on the short side. In this episode of Paisa Vaisa, we explore long–short and absolute-return investing from an Indian-market perspective. The conversation explains what hedge fund managers do, why they are “paid to be paranoid,” and how short positions can help express a negative market view or manage portfolio risk. We also examine the tortoise-versus-hare approach to investing: progressing steadily, avoiding damaging losses and focusing on consistency instead of chasing spectacular short-term returns. At the heart of the discussion is a simple philosophy take care of risk first, and allow returns to become a byproduct of disciplined decision-making. A useful introduction to hedge funds, short selling, market objectivity and professional risk management. See omnystudio.com/listener for privacy information. | |||
| How India Moved From Saving to Investing According to a Mutual Fund CEO | Paisa Vaisa | 06 Jul 2026 | 00:33:26 | |
In this episode of Paisa Vaisa, Anupam Gupta is joined by Mohit Bhatia, CEO, Bank of India Mutual Fund, for a practical conversation on mutual funds, SIPs, valuations, and India’s long-term investing mindset. They discuss what retail investors should do in today’s market, why SIPs should be seen through the lens of discipline and rupee-cost averaging, and how below-average market returns can create opportunities for patient investors. Mohit also explains the role of satellite portfolios, the importance of reviewing allocations, and how mutual funds can serve different investor needs, including very short-term money. The episode also explores India’s 2047 growth vision, the shift from saving to investing, distributor sentiment on the ground, and why smaller or mid-sized AMCs can still create strong outcomes for investors. Tune in for a clear, India-focused conversation on mutual fund investing, investor behaviour, and long-term wealth creation. See omnystudio.com/listener for privacy information. | |||
| What Indians Get Wrong About Life Insurance | Paisa Vaisa | 29 Jun 2026 | 00:39:15 | |
In this episode of Paisa Vaisa, Anupam Gupta is joined by Satishwar B., MD & CEO of Bandhan Life, for a practical conversation on life insurance and financial protection. They discuss why insurance is an important part of personal finance, how people should think about protection versus returns, and what families need to keep in mind while planning for uncertainty. Satishwar also shares an industry view on how life insurance is changing in India, from digital adoption to better customer access. Tune in to understand how life insurance fits into a smarter, more secure financial plan. See omnystudio.com/listener for privacy information. | |||
| What Does It Take To Invest In Indian Art Today? | Paisa Vaisa | 22 Jun 2026 | 00:54:44 | |
Indian art feels like it is suddenly getting global attention. But what is driving this shift? On this episode of Paisa Vaisa, Anupam Gupta speaks with Ayesha Parikh, Founder & Gallerist at Art & Charlie, about India’s growing art market, what it takes to invest in art, and why global attention is shifting towards India. They discuss the aging collector base in Europe, India’s young population, and why Europe is now looking at India as a serious art market. Ayesha also breaks down how art connects with wealth, power, culture and status especially after a certain level of wealth creation. The conversation also explores the role of Instagram in decentralizing power in the art world, Mumbai’s growing gallery ecosystem, and whether taste has become a new status symbol for urban India. A sharp episode on money, culture, investing and the rise of Indian art. See omnystudio.com/listener for privacy information. | |||
| Starting From Scratch? Here’s How To Build A Serious Equity Portfolio | 15 Jun 2026 | 01:07:40 | |
On this episode of Paisa Vaisa, host Anupam Gupta is joined by Harini Dedhia, Fund Manager at Tamohara Investment Managers, for a wide-ranging conversation on investing, stock picking, portfolio construction, AI, pharma, and the future of Indian equities. Harini shares her journey into investing, the hard lessons she learned from the stock market, and why she believes investing is simple but human behavior makes it complicated. She explains why the old “buy and forget” examples may not work the same way for today’s generation, why disruption has changed long-term investing, and what retail investors often get wrong when they act on public information. The episode also explores SIPs, midcaps, smallcaps, second-order thinking, DCF models, pre-mortems, global investing, and how serious equity portfolios are built. Harini breaks down Tamohara’s approach to finding businesses that can grow faster than India’s nominal GDP, gain market share, and compound over time. Anupam and Harini also discuss why India may not be an anti-AI trade, how AI could accelerate drug discovery, why pharma CDMO and API manufacturing matter, and how small engineering companies and premium consumption could become important investing themes. A sharp and practical episode for anyone interested in Indian markets, long-term investing, direct stocks, mutual funds, PMS strategies, and wealth creation. See omnystudio.com/listener for privacy information. | |||
| How do NBFCs approve loans with zero current income? | 08 Jun 2026 | 00:46:55 | |
Can you fund a world-class higher education without draining your parents' retirement funds or destroying your own financial future? On this episode of Paisa Vaisa, host Anupam Gupta is joined by Vivek Baranwal, CBO, Education Loan - Domestic Business at Avanse Financial Services. Together, they break down the structural shift in how student loans are evaluated in India today. Learn how modern lenders underwrite based entirely on a student's future income potential, the realistic costs of top-tier Indian engineering, MBA, and medical programs, and the critical importance of maintaining a clean co-applicant credit score. Vivek also shares invaluable data on using micro-loans for short-term upskilling in AI and Data Science to combat India's 45% unemployability rate, and how international campuses in Gift City are changing the game. Whether you are a parent planning ahead or a young professional looking to upgrade your skills, plug in your earphones for a highly pragmatic take on balancing career dreams with financial reality. Tune in for an engaging discussion on creativity, careers, business, and the evolving world of entertainment. From decoding your personal finances to demystifying business models, Paisa Vaisa delivers candid, insightful, and jargon-free conversations. See omnystudio.com/listener for privacy information. | |||
| The Hidden Economics Of Entertainment (Bollywood) | 01 Jun 2026 | 00:58:23 | |
What does it really take to build a successful career in the entertainment industry? In this episode of Paisa Vaisa, Anupam Gupta speaks with Amita Madhvani about the business of storytelling, the realities behind filmmaking, and the lessons creative industries can teach all professionals. The conversation explores the economics of movies, where leverage and decision-making power truly sit, the challenges of building sustainable careers, and why staying trapped in survival mode can limit long-term growth. Amita also shares insights from her journey in entertainment, reflections on filmmaking during COVID, and her thoughts on what makes stories connect with audiences. Tune in for an engaging discussion on creativity, careers, business, and the evolving world of entertainment. From decoding your personal finances to demystifying business models, Paisa Vaisa delivers candid, insightful, and jargon-free conversations. See omnystudio.com/listener for privacy information. | |||
| AI Could Soon Handle Payments For You | Paisa Vaisa | 25 May 2026 | 00:48:44 | |
In this episode, Anupam Gupta speaks with Girish Krishnan, Director, Payments & Merchant Services at Amazon Pay India, about how digital payments in India are evolving beyond UPI and what the next phase of the country’s fintech revolution could look like. The conversation explores how payments are becoming increasingly invisible, how AI could shape the future of transactions, and why trust remains the foundation of digital finance. Girish shares Amazon Pay India’s vision for simplifying the daily payment and financial needs of every Indian while ensuring security, fraud prevention, and seamless user experiences at scale. They also discuss how UPI transformed payments in India, why cash may soon become an exception, and what the next major innovation in India’s digital payment ecosystem could be over the next 10 years. This episode offers a sharp look at AI, fintech, digital banking, payment infrastructure, and the future of money in India. 🎙 Host: Anupam Gupta 👤 Guest: Girish Krishnan - Director, Payments & Merchant Services, Amazon Pay India 🏢 Company: Amazon Pay India See omnystudio.com/listener for privacy information. | |||
| What India Needs to Fix for the Next Decade | 18 May 2026 | 00:46:51 | |
Why has India struggled to fully realise its economic potential? How will AI impact emerging economies like India? And where do investors actually find long-term alpha today? This episode explores India’s economic journey, the global AI shift, investing frameworks, market behaviour, and the evolution of Indian capital markets. From small-cap investing and economic profit to deeper reflections on capitalism and spirituality, this is a wide-ranging conversation on markets, growth, and the future. A thoughtful listen for investors, founders, operators, and anyone interested in business, economics, and India’s next decade. See omnystudio.com/listener for privacy information. | |||
| How axio Grew During India’s Fintech Boom ft. Sashank Rishyasringa | 11 May 2026 | 00:50:39 | |
In this episode of Paisa Vaisa, Anupam Gupta speaks with Sashank Rishyasringa, Co-founder of Axio, about startups, fintech, India’s evolving credit culture, and the future of consumer lending. They discuss the rise of checkout financing, Amazon’s acquisition of Axio, why startups are a “test match” and not a “T20,” the dangers of easy credit, how Indians should think about loans and EMIs, and why simplicity matters in both business and financial products. The episode also explores credit scores, BNPL, UPI, startup resilience, and lessons from author Haruki Murakami that apply surprisingly well to entrepreneurship. In this episode of Paisa Vaisa, Anupam Gupta speaks with Sashank Rishyasringa, Co-founder of Axio, about startups, fintech, India’s evolving credit culture, and the future of consumer lending. They discuss the rise of checkout financing, Amazon’s acquisition of Axio, why startups are a “test match” and not a “T20,” the dangers of easy credit, how Indians should think about loans and EMIs, and why simplicity matters in both business and financial products. The episode also explores credit scores, BNPL, UPI, startup resilience, and lessons from author Haruki Murakami that apply surprisingly well to entrepreneurship. See omnystudio.com/listener for privacy information. | |||
| The Middle Class Is Breaking - Here’s Why | Ft. Saurabh Mukherjea | 04 May 2026 | 00:56:39 | |
In this episode of Paisa Vaisa, Anupam Gupta speaks with Saurabh Mukherjea, Founder, Marcellus Investment Managers, and Nandita Rajhansa, Economist, Marcellus Investment Managers, about their latest book Breakpoint. The conversation explores the growing pressure on India’s middle class from falling real wages and rising personal debt to a changing job market shaped by automation and AI. They discuss why traditional white-collar jobs are becoming less reliable, how the supply of graduates is outpacing demand, and why India may have “work” but not enough stable “jobs.” The episode also looks at behavioral shifts, including consumption-driven debt and stock market participation, and the risks they pose. Despite the challenges, the guests highlight emerging opportunities in entrepreneurship, gig work, and new business models. A must-listen for anyone navigating careers, money, and the future of work in India. See omnystudio.com/listener for privacy information. | |||
| How Regulation Is Building India’s Next Big Investment Market | 27 Apr 2026 | 00:48:08 | |
This episode of Paisa Vaisa with Anupam Gupta dives deep into fixed income investing, bonds, and high yield opportunities in India. Nikhil Agarwal, Founder & CEO of Grip Invest, explains:
If you’ve only invested in FDs, mutual funds, or stocks this episode will change how you think about asset allocation. 🎯 Topics covered: TAKEAWAYS Retail Access Risk Reality Return Gap Regulation Edge Portfolio Role See omnystudio.com/listener for privacy information. | |||
| Bad Vastu = Bad Income? Here's What a Celebrity Astro Architect Says About Your Money | 20 Apr 2026 | 00:45:31 | |
What do Amitabh Bachchan, Shah Rukh Khan, and India's biggest real estate developers have in common? They've all worked with Astro-Architect Neeta Sinha the founder of a science called Astro-Architecture, and the only practitioner of it in the world. In this episode of Paisa Paisa, host Anupam Gupta sits down with Neeta Sinha for a conversation we have never had in 9 years of this podcast. We talk about how the energy and balance of your home or office directly impacts your income, decision-making, and financial clarity. We also cover what 2026 looks like for the war, the stock market, and your money. What you'll learn in this episode:
Whether you believe in it or not, this is one of the most fascinating conversations we've ever had on Paisa Paisa. Watch till the end for Neeta's personal tips for our audience. 🎙️ Paisa Paisa is a finance podcast hosted by Anupam Gupta. New episodes every week. See omnystudio.com/listener for privacy information. | |||
| The Flexibility in Repayment That Banks Quietly Killed Years Ago | Paisa Vaisa | 13 Apr 2026 | 00:47:51 | |
What if the smartest investment in the room isn't equity and it isn't your FD either? In this episode of Paisa Vaisa, host Anupam Gupta sits down with Shantanu Sahai, Executive Director and Head of Private Credit at ASK Alternates, to break down one of the most misunderstood and fastest-growing asset classes in India Private Credit. Shantanu brings 25 years of global credit experience across Deutsche Bank, Barclays and Nomura, having structured over 300 transactions across sectors as diverse as mushrooms and flight simulators. Today he explains why private credit is not just for distressed companies, why it can generate returns from low teens all the way to 30%, and why chasing yield without understanding risk is the single biggest mistake most investors make. This conversation covers the full picture from how a customised loan works versus a bank loan, to what an AIF actually is, how interest payments flow to investors, and what happens when deals go wrong. Shantanu also shares his unfiltered view on India's K-shaped recovery, which sectors are on fire right now, and why Indian corporate balance sheets are the cleanest they have been in two decades. Whether you are an HNI exploring alternatives to equity, a family office evaluating private credit funds, or simply someone trying to understand where smart money is moving this episode will change how you think about debt as an asset class. Higher Returns, Not Higher Risk - The return premium in private credit comes from customisation, not from lending to risky or distressed businesses. Risk Appetite Comes First - Deciding your comfort with risk before chasing a return target is the only right way to approach any alternative investment. 25 Years, Same 3 Patterns - Across 300 deals, desperation from lenders, over-optimism from borrowers and greed from investors remain the three most common reasons things go wrong. Your Capital Will Be Locked - Private credit requires a 3 to 4 year commitment, making it suitable only for investors who do not need immediate liquidity. India's Credit Cycle Is Strong - Corporate balance sheets are at their healthiest in two decades and bank NPAs are near historic lows, making this a strong entry point for credit investors. See omnystudio.com/listener for privacy information. | |||
| The Long-Term Thinking Behind One of India’s Greatest Investors | Paisa Vaisa | Anupam Gupta | 06 Apr 2026 | 00:53:17 | |
This episode dives deep into the mindset, journey, and investing philosophy of Rakesh Jhunjhunwala one of India’s most iconic investors and a defining voice of Dalal Street. Hosted by Anupam Gupta on the Paisa Vaisa podcast, this conversation with author and guest Nandini brings out lesser-known insights from RJ’s life, decisions, and investment approach. From starting with ₹5,000 and valuing even ₹50 in his early days, to building a massive portfolio through equities, stocks, and long-term conviction, this episode explores what truly drives wealth creation. It highlights the importance of network, knowledge, and decision-making in a world where investing is now just a tap away through apps, SIPs, mutual funds, ETFs, and direct equity. The discussion goes beyond surface-level success and focuses on how he thought why he didn’t believe in chasing every opportunity in the stock market, how he approached realistic returns, and how patience played a key role in compounding wealth over time. His famous philosophy around returns and discipline shows that consistent performance matters more than chasing extremes. A key insight from the episode is his understanding of risk especially the difference between capital risk and franchise risk. This is a critical concept for anyone investing in stocks, banking products, or financial markets, where not all risks are equal. The episode also reflects on his strong belief in India’s growth story. He saw India as a country destined for greatness and aligned his investments with sectors like financial services, consumption, and homegrown businesses that could benefit from long-term economic growth. Even in today’s world of AI, machine learning, and algorithmic trading, one message stands out clearly: Key Takeaways Stay Selective - You don’t need to chase every opportunity Be Realistic - Consistent returns matter more than big bets Understand Risk - Know the difference between capital and franchise risk Think Long-Term - Wealth is built over time, not overnight Value Support - Family and network play a big role in success See omnystudio.com/listener for privacy information. | |||
| Investing Mistakes Senior Vice President - Equity With 20 Years Experience Still Sees Every Single Day | Paisa Vaisa | Anupam Gupta | 30 Mar 2026 | 00:37:01 | |
In this episode of Paisa Vaisa, host Anupam Gupta sits down with Karthikraj Lakshmanan, Senior Vice President - Equity at UTI Asset Management Company, one of India's most experienced equity fund managers with over two decades in the markets. Karthik manages the UTI Large Cap Fund (formerly UTI Master Share, one of India's oldest mutual funds with a 40-year history), the UTI MNC Fund, and the recently launched UTI Multicap Fund. This is a masterclass in how professional fund managers think about Indian equities, sectors, valuations, and long-term wealth creation. We cover India's macroeconomic outlook for FY26, why large cap stocks are better positioned than small and mid caps right now, the state of the Indian banking sector (private vs PSU banks), the future of Indian IT in an AI-disrupted world, and how UTI uses its proprietary 'Score Alpha' framework a 3x3 ROC and operating cash flow matrix to evaluate and rank stocks across the entire investable universe. Karthik also breaks down the difference between flexi cap and multicap funds, explains how MNC funds are evolving with Indian exporters now included, and shares his honest views on gold and silver inflows chasing momentum. Whether you are a first-time investor or a seasoned market participant, this episode is packed with actionable insights on asset allocation, position sizing, behavioral investing mistakes, and what it really takes to outperform over the long term. If you have ever wondered why your mutual fund returns are consistently lower than the fund's actual returns, or why patience and behavioral discipline matter far more than stock-picking skill in today's information-equal world, this conversation will change how you think about your portfolio. 6 Key Takeaways Large Cap Advantage: Revenue growth between large, mid, and small cap companies has been broadly similar over the last five years, but large caps remain less expensive on valuations today, making them structurally preferable in the current market environment. The Moat Framework: UTI's equity strategy centers on identifying companies with durable competitive advantages brands in FMCG, distribution networks in retail, and technology advantages in MNC industrials to build a portfolio with long-term earnings visibility. Private Banks Still Win: The top four to five private sector banks continue to gain market share every year, carry healthy balance sheets and return ratios, and are likely to grow faster than both the banking industry and the overall economy over the long run. IT Sector Is Adaptive: Indian IT companies have successfully navigated every major technology disruption from Y2K to ERP to cloud and are now positioned to lead AI implementation for global clients, making the current pessimism potentially an opportunity for long-term investors. Score Alpha Is The Edge: UTI's proprietary 3x3 scoring framework evaluates every stock in their universe on ROC and operating cash flow over five years companies that upgrade from lower to higher scores on both metrics are the ones that consistently outperform in the long run. See omnystudio.com/listener for privacy information. | |||
| STOP Investing Only in India: Why US Stocks Belong in Every Indian Portfolio | Vasanth Kamath | Paisa Vaisa | Anupam Gupta | 23 Mar 2026 | 01:11:43 | |
In 10 years, Smallcase went from a simple idea in a Bengaluru garage to a platform managing ₹1.8 Lakh Crore across 20 million+ investors. And its founder, Vasanth Kamath, has never spoken this openly about where it's all heading next. In this episode, we sit down with Vasanth to unpack the full Smallcase story the origin, the failures, the breakthroughs, and the bold bets being placed on India's financial future. From investing in US stocks starting at just $1, to a game-changing joint venture with Zerodha, to an AI-powered Wealth Office that tracks your entire financial life this is the most comprehensive deep-dive on Smallcase ever recorded. If you're an investor, a founder, or someone trying to build real wealth in India this episode is for you. key takeaways The Bridge- Smallcase bridges the gap between mutual fund investors and stock market investors through curated, research-backed model portfolios. Beyond An App- With 250+ brands, 140 research analysts, and 20 top brokers Smallcase is an ecosystem, not just an investing app. Passive Costs Less- Zerodha Fund House offers index funds and ETFs at just 15–20 basis points among the cheapest investment products in India. Invest Globally- Indians can now access 7,000+ US stocks and ETFs through Smallcase's fractional investing feature starting from just $1. AI Is Next- Smallcase's upcoming Wealth Office feature will use AI to aggregate your entire financial life stocks, funds, assets in one dashboard. See omnystudio.com/listener for privacy information. | |||
| Don't Touch Property Until You Watch This: REITs, Hidden Costs & 14% Returns | Paisa Vaisa | Anupam Gupta | 16 Mar 2026 | 00:54:33 | |
In this episode of Paisa Vaisa, host Anupam Gupta sits down with Preeti Chheda CFO of Mindspace Business Park, Executive Committee Member of the Indian REITS Association, and a finance professional with 25 years of experience for the most comprehensive conversation on Real Estate Investment Trusts (REITs) in India. Preeti brings an extraordinary academic and professional pedigree CA, CS, CFA, CPA and has spent the last 19 years with the K. Raheja Corp group heading finance for Mindspace, one of India's largest commercial real estate platforms. She is uniquely positioned to explain exactly how REITs work, why SEBI built one of the world's most robust regulatory frameworks around them, and why ₹2.5 lakh crore in assets are now held within REITs and InvITs combined all within just eight years of the first REIT launch in India. The episode begins with the formation of the Indian REITs Association (IRA), launched in September 2023 at SEBI's nudging, with three clear goals: creating product awareness, driving policy changes to grow the instrument, and improving governance standards. Preeti then explains the fundamental structure of REITs pooled investment vehicles, structured as trusts (mirroring Singapore's regulation), that hold bundles of commercial real estate assets and provide investors with a combination of recurring income (yield) and capital growth. She breaks down the three income streams unit holders receive: tax-free dividends, taxable interest, and return of capital (which reduces cost of acquisition and is taxed only on exit as capital gains). REITs are mandated to distribute at least 90% of their net distributable cash flows (NDCF), and every unit holder receives a Form 64B detailing their income breakdown. The performance discussion is eye-opening. Indicative yields range from 6-8%, but total returns combining yield and growth have historically averaged 14-16%. Mindspace REIT itself has gone from a listing price of ₹275 in August 2020 to over ₹490 in February 2026, delivering over 50% price appreciation in six years on top of continuous distributions. Growth comes from three engines: inbuilt contract escalations of around 5% annually, rent reversions of 7-8% when leases renew at market rates, and acquisitions plus development (up to 20% of portfolio value can be under development within existing parks). A standout section of the episode compares REITs to physical real estate investment. REITs offer a starting ticket size as low as ₹500, instant liquidity via exchange trading, professional management, and diversification across cities and properties. Physical real estate, by contrast, requires massive capital, is illiquid (2-3 months minimum to sell), demands active management, and carries transaction costs of 10-11% of the purchase price in brokerage, stamp duty, registration, and maintenance. As Anupam points out, your property needs to appreciate by 10% just to break even a bar that most residential real estate in India fails to clear. The regulatory deep-dive reveals why institutional investors starting with FPIs trusted Indian REITs from day one. SEBI mandates that 80% of REIT assets must be completed and rent-generating, leverage is capped at 49% (with credit rating and unit holder approval required beyond 25%), all related-party transactions pass through multiple governance layers, reporting is half-yearly (double the typical listed company frequency), and NAV per unit is disclosed regularly so investors can compare market price against intrinsic asset value at any time. During COVID, Indian REITs collected 99% of contracted rental income possible because tenants are overwhelmingly MNCs and large corporates on 9-10 year leases with 3-5 year lock-ins. The conversation also covers major recent developments. From July 1, 2026, REITs will be classified as equity for mutual fund purposes a landmark reform that opens the door to index inclusion, passive fund flows, and dramatically improved liquidity. Office absorption has surpassed pre-COVID levels at 55 million square feet of net absorption, with Global Capability Centers (GCCs) accounting for over 50% of each REIT's leasing. RBI now allows borrowing at the REIT level, enabling fixed-cost debt that reduces cash flow volatility. And the potential for government asset monetization through REITs including CPSU land banks could unlock massive new supply. For first-time REIT investors, Preeti outlines the key evaluation parameters: NOI growth, NDCF and distribution track record, portfolio quality and tenant profile, city-wise diversification, occupancy rates, and WALE (Weighted Average Lease Expiry). She also points investors to the IRA website, individual REIT websites, and SEBI-authorized benchmarking platforms like Kay Fintech and NRTA for side-by-side REIT comparison. Whether you're a first-time investor exploring alternatives to fixed deposits and physical property, an experienced investor building a diversified portfolio, or simply curious about where ₹2.5 lakh crore of institutional and retail money is flowing this episode gives you the complete picture with data, regulatory context, and a practical buying checklist. 🔔 Subscribe for more deep dives into investing, wealth building, and financial planning in India. See omnystudio.com/listener for privacy information. | |||
| Why Culture Is the Most Underrated Factor in Quality Investing | Paisa Vaisa | Anupam Gupta | 09 Mar 2026 | 00:50:43 | |
In this episode of Paisa Vaisa, Anupam Gupta sits down with Nitin Bhasin, Head of Institutional Equities at Ambit Capital, for one of the most grounded and honest market conversations of the year. Nitin brings over 25 years of experience to the table and covers everything from India's position in the global economy, why FIIs have been selling Indian equities, what the Nifty is likely to do over the next 15 to 18 months, and why the Indian IT sector faces its biggest challenge yet in the age of agentic AI. Whether you are a retail SIP investor trying to make sense of a confusing market or a finance professional building a career in equity research, this conversation has something genuinely valuable for you. The discussion goes deep on India versus China, and Nitin's take is refreshingly blunt. He does not believe India and China are even competing in the same league anymore. China is competing with the United States, and India is still figuring out its manufacturing pivot while sitting on a 30 year asset light services mindset that will take a generation to change. He also shares his public market view of a sideways Nifty for another 15 to 18 months, explains why this is a concentration cycle favouring only the top 10 to 15 large cap stocks, and breaks down exactly what SIP investors should do in this environment. The second half of the episode is a masterclass for young analysts and investors, covering what separates good companies from great ones, why culture is the most underrated competitive moat in investing, how to read annual reports the right way, and why communication and imagination are the two skills that will define careers in the AI era. Nitin also shares three book recommendations including Apple in China, Breakneck, and Investing as the Last Liberal Art by Robert Hagstrom. This is essential viewing for anyone serious about Indian markets, long term investing and building a career in finance.
• Alpha Shift — Imagination now drives returns, not information or analysis. See omnystudio.com/listener for privacy information. | |||
| PMS vs Mutual Funds: The Hidden Tax Truth | Deepak Shenoy | Paisa Vaisa | Anupam Gupta | 02 Mar 2026 | 01:00:12 | |
In this episode of Paisa Vaisa, Anupam Gupta sits down with Deepak Shenoy, CEO of Capitalmind, to discuss a major shift in the investment landscape: The transition from Portfolio Management Services (PMS) to Mutual Funds. If you are an investor confused about where to park your money for long-term growth with tax efficiency, this conversation is a goldmine. Deepak breaks down exactly why Capitalmind launched a Multi-Asset Fund and the massive tax disadvantages that come with traditional PMS structures. We deep dive into how asset allocation across equity, debt, and commodities can protect your downside volatility while ensuring steady wealth creation. Whether you are a beginner looking to invest in mutual funds or an HNI considering PMS, this episode reveals the math behind smarter investing. Key Takeaways (Crisp & Clear)
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| How much money do you actually need to retire at 50? | Paisa Vaisa | Anupam Gupta | | 23 Feb 2026 | 00:46:42 | |
Are you blindly trusting your SIPs to fund your life 20 years from now? In this deep-dive episode of Paisa Vaisa, Anupam Gupta (@b50) welcomes Sameep Singh, Business Unit Head at Policybazaar , to solve the "Final Boss" of personal finance: Retirement. We tackle a question every Indian professional is asking: "How do I generate a ₹1 Lakh post-tax monthly pension?" Using a 40-year-old in Mumbai as a case study, we break down the brutal reality of 7% inflation and why a simple savings account won't cut it. We explore the "Young India" bias why our demographic is obsessed with picking the next multibagger stock but completely ignores the 30-year period after their last salary. Sameep explains the critical "Humbling Years" of the stock market and why your withdrawal strategy is more important than your investment returns. We also introduce the 3% Withdrawal Rule and how it ensures you never outlive your money. From understanding medical inflation (which is growing at 14%!) to why your parents’ FD interest is shrinking due to "Reinvestment Risk," this episode is a masterclass in long-term survival. If you want to stop guessing your future and start building a bulletproof retirement pot, this conversation is for you. Don't forget to stick around for the "Don't Touch the Pot" rule the single habit that separates wealthy retirees from the rest. Key Takeaways -
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| From Engineering to CareEdge Ratings CRO: Sachin Gupta’s Masterclass | Paisa Vaisa | Anupam Gupta | 16 Feb 2026 | 00:51:32 | |
On this episode of Paisa Vaisa, Sachin Gupta, the Executive Director and Chief Ratings Officer at CareEdge Ratings, sits down with Anupam Gupta on the Paisa Vaisa podcast to discuss the ticking time bomb of the $1 trillion global private credit market. While the US and Europe are grappling with opaque, unrated debt bubbles, Sachin argues that India’s strict regulatory culture might be our greatest economic superpower in 2026. We break down the "Modified Credit Ratio," a leading indicator that currently shows 2.5 upgrades for every single downgrade in the Indian economy. This episode is a deep dive into the sectors that are actually winning, from the ironclad asset quality of gold loan companies to the resilient banking sector that has moved from 12% NPAs to a state of unprecedented health. If you are an investor looking to navigate the current high-interest-rate cycle, Sachin’s macro insights on the RBI’s data-driven approach will change how you view your portfolio’s safety. Key Takeaways
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| The Moonlighting Reality Check: Can You Get Fired? | CA Isha | Paisa Vaisa | Anupam Gupta | 09 Feb 2026 | 00:59:31 | |
On this episode of Paisa Vaisa, CA Isha Jaiswal sits down with Anupam Gupta for a deep dive into the changing rules of money, parenting, and privacy in the digital age. As a new mother and a seasoned CA, Isha shares her controversial take on "Financial Parenting"—explaining why she plans to hire her own toddler for odd jobs rather than handing out a traditional allowance. We discuss the death of the old-school tax regime and the rise of a system that rewards cash flow over traditional saving. From the technicalities of the Annual Information Statement (AIS) to the legal ways you can pay rent to your parents to maximize your HRA, we cover the hacks that your CA likely hasn't told you yet. This is a masterclass for anyone who wants to stop being a passive earner and start being a strategic wealth builder, ensuring that their family is protected from both inflation and corporate overreach. Key Takeaways
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| Story of Society Tea: From 1924 Tea Traders to Iconic Indian Brand | Paisa Vaisa | IVM | Anupam Gupta | 02 Feb 2026 | 00:39:58 | |
In this episode of Paisa Vaisa, Anupam Gupta sits down with Karan Shah, Director of Society Tea, to decode the century-long journey of one of India's most beloved brands. Starting as tea traders in 1924 under the name Hasmukhrai & Co., the family successfully transitioned into the packaged tea market in the late 1980s. Karan discusses how they avoid the "third-generation curse" by maintaining a lean, agile family structure and a relentless focus on quality over complacency. We dive deep into their vertical integration strategy—including building their own state-of-the-art milk factory—to ensure their "One Minute Tea" remains true to the authentic Indian palate. Whether you are a business enthusiast or a chai lover, this conversation offers a masterclass in brand longevity and fighting off multinational competition TAKEAWAYS-
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| Nifty Outlook 2026: Why Arbitrageurs are Betting on High Volatility This Year | 26 Jan 2026 | 00:40:01 | |
Are you tired of watching your Fixed Deposit returns get eaten away by high taxes and inflation? In this deep-dive episode of Paisa Vaisa, Anupam Gupta sits down with Sailesh Jain, Fund Manager at Tata Asset Management, to unlock the mechanics of Arbitrage Funds. Many investors overlook this category, yet it remains one of the most efficient ways to park your spare cash while enjoying the tax benefits of equity. Sailesh Jain explains the concept of "riskless profit" through a simple mango market analogy, showing how buying in the cash market and simultaneously selling in the futures market locks in a predictable spread. Unlike traditional equity funds, arbitrage funds thrive on market volatility. When the market swings, the price mismatches between cash and futures expand, allowing seasoned fund managers like Sailesh Jain to "harvest" higher returns for their investors. We explore why these funds have become a staple for HNIs and retail investors alike, especially with the 2026 tax regulations offering a significant edge through 12.5% Long-Term Capital Gains (LTCG). Sailesh Jain provides a rare look into the "special situations" that drive Tata’s consistent outperformance, including dividend arbitrage and corporate actions. Whether you are managing corporate treasury or just looking for a better alternative to your savings account, this episode provides a clear roadmap. We also look ahead to the 2026 Budget and the broader Indian economic outlook, with Sailesh Jain projecting why India remains a superior market for both debt and equity investors despite global geopolitical tensions. By the end of this conversation, you will understand how to build a "linear" and steady portfolio that lets you sleep peacefully even during market turbulence. Key Take away
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| Why Your Insurance Claim Might Be Rejected (And How to Ensure 100% Payout) | Paisa Vaisa | 19 Jan 2026 | 00:48:51 | |
Is your health insurance actually working for you, or are you just paying premiums? In this episode of Paisa Vaisa, host Anupam Gupta sits down with Mayank Bathwal, CEO of Aditya Birla Health Insurance, to demystify the complex world of Indian health insurance. From the "Missing Middle" population to the rise of wellness-linked policies, we explore how the industry is changing and how you can benefit. In this video, you will learn:
Don't miss the insights on the future of Health Tech, AI, and how a personal health coach provided by your insurer can help you reverse lifestyle diseases. See omnystudio.com/listener for privacy information. | |||
| 1000 Crore Secret: How NoBroker Makes Money with 0% Commission | Paisa Vaisa | 12 Jan 2026 | 00:44:09 | |
This comprehensive episode of the Paisa Vaisa podcast features host Anupam Gupta in an deep-dive conversation with Amit Agarwal, the CEO and co-founder of NoBroker, to decode the complex Indian real estate market for 2026 . We begin by exploring the disruptive journey of NoBroker which started in Bombay back in 2013 to solve the massive problem of fly-by-night brokers and high commission fees that have plagued the property market for decades . Amit explains the critical math behind the rent versus buy dilemma that every Indian professional faces today, highlighting why renting often makes more financial sense because typical residential rental yields are only between two to four percent while home loan interest rates hover around eight percent . The discussion provides a detailed analysis of the Model Tenancy Act which balances the rights of both owners and tenants by capping security deposits at two months and establishing a hierarchy of rent courts for sixty-day dispute resolution . We also address the infamous bachelor tax and societal discrimination where single tenants are often charged a premium despite being high-value renters with more disposable income than traditional families . This video is a masterclass for anyone looking to understand the real estate ecosystem from property appreciation and wealth generation to navigating the strict rental processes of Mumbai versus the more casual documentation found in other major Indian cities Key Takeaways
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| Why ₹30,000 Cr Monthly Inflows Change Everything | Paisa Vaisa | Anupam Gupta | 07 Jan 2026 | 00:59:31 | |
In this landmark episode of Paisa Vaisa, Anupam Gupta reunites with the leadership team at White Oak Capital—Founder Prashant Khemka and CEO Aashish Somaiya—to dissect the radical transformation of the Indian market over the last three years. As the Nifty has surged from 18,000 to 26,000 and SIP inflows have hit a staggering ₹30,000 crores per month, we explore whether the Indian retail investor has finally matured or if we are simply chasing the latest momentum in gold and silver. Prashant Khemka provides a rare global perspective, drawing parallels between India’s current economic cycle and the "middle-income traps" that have historically hindered countries like Brazil. He breaks down why a realistic 11% pre-tax return is the "gold standard" for the next two decades and why the "alpha potential" in India remains among the richest in the world for bottom-up investors. Aashish Somaiya addresses the "dark side" of social media and the rise of finfluencers, explaining why it is the industry's moral duty to speak to the younger generation in relatable terms. Together, they reveal the "Chemistry of Investing"—a framework showing how strategic equity allocation can actually improve risk-adjusted returns without the volatility most investors fear. Whether you are worried about the "exit" of private equity via IPOs or wondering how to stay disciplined when the market goes nowhere, this masterclass provides the roadmap for your 20-year wealth creation journey See omnystudio.com/listener for privacy information. | |||
| Why Most Investors Lose Money: Lessons from Financial Times’ | Jonathan Guthrie | Paisa Vaisa | Anupam Gupta | 29 Dec 2025 | 00:56:46 | |
In this episode of Paisa Vaisa, host Anupam Gupta welcomes Jonathan Guthrie, a veteran award-winning journalist and the former head of the renowned Lex column at the Financial Times. With a career spanning decades at the heart of London’s financial district, Jonathan shares deep insights from his latest book, The Truth About Investing. The conversation dives into the fundamental shifts in the global investment landscape, comparing the mature UK stock market with the rapid financialization of savings in India. Jonathan breaks down the "Lex test" for evaluating deals and offers a masterclass on navigating the complexities of active vs. passive investing, the dangers of status anxiety, and the reality of risk and advice. Key Discussion Points:
Recommended Reading List from Jonathan Guthrie:
Whether you are a DIY investor managing your own portfolio or just starting your journey in the Indian equity markets, this episode provides a professional framework to help you think like a seasoned financial analyst. See omnystudio.com/listener for privacy information. | |||
| Is your Portfolio a Time Bomb? George Joseph on Market Bubbles & Value Traps. | 22 Dec 2025 | 00:48:57 | |
"Popularity is the biggest risk in investing." George Joseph of ASK Investment Managers has seen the 1991 scam, the 2000 tech bubble, and the 2008 crash. In this episode, he explains why the "hype" around certain sectors today is a massive red flag. If you think you can "time the market," George shares a sobering lesson from his own 30-year career. This episode is a reality check on Investor Temperament. We discuss why "boring" asset allocation is the only "magic wand" in wealth management and why Indians need to stop acting like traders and start acting like owners. Don't miss: The 3 books every serious investor must read to fix their mental models. KEY TAKEAWAYS
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| BirlaNu: People, Purpose & the CKA Birla Group Legacy | Paisa Vaisa | Anupam Gupta | 15 Dec 2025 | 00:42:42 | |
In this episode of Paisa Vaisa, Anupam Gupta sits down with Akshat Seth, MD & CEO of BirlaNu. They deep dive into the 170-year legacy of the CKA Birla Group and how one of India's oldest conglomerates is transforming for the modern age. Akshat shares his personal journey from a decade in management consulting to leading major operating businesses in healthcare and manufacturing. If you are interested in business strategy, how large groups manage synergies, or want career advice on making the leap to the C-suite, this conversation is for you. We also discuss the massive rebranding of HIL to BirlaNu and the future of sustainable construction in India. Key takeaways
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| How to Start a Food Business in 2025-26: Franchise vs. Own Brand | Ajay Mariwala | Anupam Gupta | Paisa Vaisa | 08 Dec 2025 | 00:53:41 | |
Did you know that the addictive McDonald's Piri Piri mix or the Sour Cream & Onion flavor of Balaji Wafers were created by the man sitting in this chair? 🍟😲 In this episode of Paisa Vaisa, Anupam Gupta sits down with Ajay Mariwala, the visionary behind VKL Seasonings and Food Service India (FSIPL). Ajay is the "Secret Sauce" of the Indian food industry—literally! He shares the untold story of how his team beat global multinationals by a "mile and a half" to become India's #1 seasoning company. From flying to Valsad to pitch a new flavor to the owners of Balaji Wafers to turning his mother's pickle recipe into ITC Bingo’s iconic Achari Masti, Ajay reveals exactly how billion-dollar flavors are invented. We also dive deep into the brutal reality of the restaurant business. If you dream of opening a cafe, you need to hear Ajay’s "Head vs. Heart" advice , why 35% is the magic number for food costs , and the unique "Toilet Test" you must do before buying a franchise. Takeaways
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| The #1 Due Diligence Tip: Check Your Builder's Lender & Why 18% Interest is a RED FLAG | 01 Dec 2025 | 01:12:24 | |
Anupam Gupta and Vishal Bhargava dive deep into selecting the right property. Vishal explains why apartments should have a minimum of 650 sq ft carpet area for a 2BHK and warns against the deceit of sample flats (no doors, small beds). They expose the Amenity Illusion (swimming pools are "item numbers") and the low quality of construction from branded developers, who often prioritize timely delivery over quality. They discuss Bombay's enduring strength (waterfront, 24/7 energy) versus the "race to the bottom" in Gurgaon, and the extreme tenant profiling happening in markets like Bangalore. Don't fall for the "inventory of choice" fear—there is always supply, so Don't Rush! #MumbaiRealEstate #PropertySelection #BuilderQuality Takeaways-
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| Flexi-Cap vs. Multi-Cap: The SEBI Rule That Changed Everything | Anupam Gupta | Sandeep Bagla | 24 Nov 2025 | 00:40:53 | |
Indian Equities gave 0% returns recently while Gold soared 40%. Should you switch? In this episode, Sandeep Bagla (CEO, Trust MF) reveals the $26 Trillion Global Mistake central banks made and why Inflation is the only indicator you need to watch. We also expose the "FD Lie"—why your fixed deposits might be losing value—and reveal the future AI-enabled strategy that could disrupt the market. Topics: Gold vs Equity, Debt Fund Secrets, The Small Cap Bubble. Takeaways
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| The #1 Psychological Trap of Selling Stocks (Winners vs. Losers) | 17 Nov 2025 | 00:38:21 | |
In this episode of Paisa Vaisa, host Anupam Gupta sits down with V. Srivatsa, Executive Vice President and Fund Manager at UTI AMC. He shares profound lessons from his 20-year career , discussing the psychological traps of feeling like a "hero" in a bull market and a "zero" in a bear market. Discover the single biggest mistake retail investors make with their SIPs , why avoiding mistakes is more important than finding a multi-bagger , and the two modern buckets of value investing. He also explains the "behavioral gap," referencing a UTI mid-cap fund that grew 30x, yet 80% of the original investors missed out. This is a masterclass on investor psychology, market cycles, and building long-term wealth. See omnystudio.com/listener for privacy information. | |||
| Stop DIY Investing! The 3 Things the Wealthiest Families Do Differently | 10 Nov 2025 | 00:46:21 | |
In this episode of Paisa Vaisa, Dr. Karthik drops a truth bomb about the Indian financial ecosystem: most traditional wealth managers are just product distributors (pharmacists), not true advisors (doctors). This episode is an investigation into the $30 Million investor mindset. We explore the Wild West of the booming wealth management industry and why SEBI regulations are crucial.
Don't let recency bias or a friend's startup pitch ruin your long-term plan. Watch, learn, and apply the principles of the Entrust Family Office process to your own savings.
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| Don't Follow FRENZY, Follow FUNDAMENTALS: The Only Investment Mantra You Need to Know | 03 Nov 2025 | 00:50:59 | |
In this exclusive and powerful episode of Paisa Vaisa, host Anupam Gupta sits down with Shripal Shah, the Managing Director and CEO of Kotak Securities, to decode the seismic shifts in the Indian financial market. Shah delivers a stark, data-driven warning on the Futures & Options (F&O) segment, revealing the alarming statistic that over 90% of individual traders incur losses. He also details the new investment mindset, explaining why "equity has become the new fixed deposit" and how the industry is pivoting from high-brokerage models to the digital-first, low-cost platform Kotak Neo. Shah walks through the mechanics of the powerful, yet underutilized, Margin Trade Facility (MTF), showcasing how Kotak is offering it at a disruptive 9.69% interest. This is a must-listen masterclass for anyone trading in the Indian stock market, from a beginner opening a Demat account to a seasoned derivatives trader. See omnystudio.com/listener for privacy information. | |||
| Billion Dollar Secrets: How Global Giants Use India to Scale R&D | Planview Inc. | Paisa Vaisa | 27 Oct 2025 | 00:45:12 | |
Is AI a bubble, or is it the future? Shalini Sankarshana, MD of Planview Inc. India, joins Anupam Gupta on Paisa Vaisa to discuss the most disruptive forces in business today: AI and Global Capability Centers (GCCs). Planview, a leader in strategic portfolio management, is now an AI transformation partner, and Shalini dives into how this technology will make some jobs "irrelevant" while creating new opportunities. She also shares fascinating case studies of how Planview enabled a capital markets giant and a two-wheeler manufacturer in India to accelerate their digital transformation journey. A must-watch for tech enthusiasts and business leaders! Audience Takeaways:
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| 15,000 Crores in Wasted Points: Turn Your Loyalty Rewards into Social Good | Points For Good Startup Story | 20 Oct 2025 | 00:33:46 | |
In this special festive episode of Paisa Vaisa, host Anupam Gupta sits down with Brian Almeida, founder of Points For Good, a revolutionary platform changing the face of individual giving in India. Did you know there are an estimated ₹15,000 crores worth of reward points lying unutilized in Indian wallets? Brian reveals how his platform converts your existing credit card, debit card, and employee loyalty points into cash donations for verified charities, aligning causes with the UN Sustainable Development Goals (SDGs). Key Takeaways:
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| TAX EXPOSED! Stocks for Indians? | Paisa Vaisa | 13 Oct 2025 | 00:40:53 | |
This episode is your definitive step-by-step guide to investing in US and global markets from India. We break down the complex regulations, costs, and tax implications, from linking your Indian bank account and navigating the $250,000 LRS limit to repatriating your profits. Learn the difference between short-term (under 24 months) and long-term capital gains tax on foreign assets, understand the non-negotiable RBI restrictions on products like derivatives and crypto, and get the exact process for buying shares of companies like Berkshire Hathaway or Nvidia. We also reveal emerging global market trends and future investment opportunities in Europe and Hong Kong.
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| Beyond Quarterly Results: The Financial Discipline Required to Build a 30-Year Retail Platform | Paisa Vaisa | Anupam Gupta | 06 Oct 2025 | 00:49:27 | |
You see the brand name on the tag, but we found the company that powers everything behind it. PDS Limited is the Value-Focused global infrastructure powerhouse. Group CEO Sanjay Jain gives us a rare look into how major retailers define the single most important word in fashion: Value. He also shares a personal lesson from a favorite movie character and his bullish outlook on the "exploding" future of Indian retail. What You'll Learn:
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| The Biggest Financial Mistake India Is Making Right Now (and how to fix it) | Arun Chaudhry | Paisa Vaisa | Anupam Gupta | 29 Sep 2025 | 00:45:58 | |
In this episode, we welcome back Arun Chaudhry, Director and CBO at m.Stock, to discuss the monumental changes in India's financial markets since their last meeting three years ago. From the surge in demat accounts to the growing influence of retail investors, this conversation dissects every major trend. Arun speaks candidly about the industry's challenges and opportunities, including the myth of quick profits, the reality of market manipulation, and the critical role of technology and trust. He also demystifies the buzz around Margin Trading Facility (MTF) and shares his long-term outlook for the Indian economy and stock market. See omnystudio.com/listener for privacy information. | |||
| Don't Fall for Financial Fraud: The Ultimate Guide to Your Credit Report | Paisa Vaisa | Anupam Gupta | 22 Sep 2025 | 00:46:41 | |
The face of lending has changed forever. In this episode, we unpack the new era of digital lending and its impact on the modern consumer. Our special guest, Sachin S from CRIF, explains how credit bureaus work, the rise of quick loans and EMIs, and the importance of monitoring your credit score. Learn how to build a healthy score from scratch, understand what lenders look for, and discover essential strategies to protect yourself from online fraud. Get your questions answered on personal loans, credit cards, and how to master your personal finance journey. See omnystudio.com/listener for privacy information. | |||
| Why Your Job Is Not Your Identity | Roopa Kudva on Work-Life Integration | Paisa Vaisa | Anupam Gupta | 15 Sep 2025 | 00:49:26 | |
In this eye-opening episode of the Paisa Vaisa podcast, host Anupam Gupta sits down with the legendary Roopa Kudva, former MD of Crisil and author of Leadership Beyond the Playbook. Roopa shares her extraordinary journey from growing up in Assam and Meghalaya with almost no exposure to the business world to becoming a veteran business leader and a formidable force in Indian finance. She provides a rare, honest look at what it was like to be a CEO during the 2008 Global Financial Crisis and how she navigated its challenges. This conversation is packed with invaluable insights for everyone, from young professionals considering the "100-hour work week" to seasoned founders seeking to build long-term value. Roopa also discusses her transition into impact investing and reveals the most common blind spots she sees in startups.
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| The ₹200 Cr. Business Built on Bunk Beds: A Deep Dive into goStops | Anupam Gupta | Paisa Vaisa | 08 Sep 2025 | 00:55:23 | |
On this episode of Paisa Vaisa, host Anupam Gupta sits down with Pankaj Parwanda, the co-founder of goStops Hostels, to explore the booming youth travel industry in India. Pankaj shares the fascinating story of how a backpacking trip in Europe led to the creation of goStops, a company that has become a leader in the youth travel and hostel market. We dive into the unique asset-light business model, disruptive strategies, and the surprising insights that have positioned goStops as a ₹200 Cr. business. This conversation is a deep dive into entrepreneurship, the future of hospitality, and the mindset of the modern Indian traveler.
✔Gen Z prefers hostels over hotels. ✔The business runs on a lean 0.4:1 manning ratio. ✔It offers hotel owners an impressive 8% ROI. ✔The company grew 25x during the pandemic. ✔Indian women are comfortable with mixed-gender dorms. ✔The brand operates with an asset-light model. ✔The business is built on a sharing economy concept. ✔They are targeting a ₹1,000 Cr. valuation. See omnystudio.com/listener for privacy information. | |||