This article will be updated daily with the latest AI-generated summary of the chats happening in our Whatsapp Community main group "ALTs Discussion"

This is particularly useful for:

People who can't or don't feel comfortable joining our community but curious to know what is being discussed.
People who can't bother to read through 100s of messages every day but want to stay updated.
People who missed chats for a couple of days and want to get updated in one go.

This is completely AI-generated so please pardon any errors, in some cases, the below summary might not be a full representation of the discussion but will give you a fair summary.

If you can't find a particular date below, no summary was generated that day due to a lack of messages.

If you would like to join our community, please apply here:Link to APPLY

12th Feb 2024

Discussion on P2P investing and asset leasing

The members discussed their experiences with P2P lending platforms and the reasons for stopping. They also talked about the advantages of asset leasing as an alternative. There was a query about RIOFIN Assets and ID platform in Tyke invest, and a suggestion to buy mutual funds during the market correction. Some recommendations for smallcap and midcap funds were also shared.

P2P lending platforms

Members discussed their experiences with P2P lending platforms like i-lend, cashkumar, and i2i.
Due to high NPAs during COVID, the members stopped investing in these platforms.
Concerns were raised about the unsecured nature of P2P loans and the lack of asset backing.

Asset leasing as an alternative

One member mentioned that they have switched to asset leasing as it has been working out relatively well for them.
Asset leasing provides the advantage of having asset backing for investments.
No specific conclusions or preferences were shared regarding RIOFIN Assets.

Query about ID platform in Tyke invest

A member asked for opinions on investing in the ID platform in Tyke invest.
No specific conclusions or preferences were shared regarding this platform.

Buying mutual funds during market correction

Members discussed the idea of buying mutual funds during the market correction.
It was suggested to buy in parts to take advantage of further corrections.
Specific mutual fund recommendations were mentioned, including Quant smallcaps, Nippon india smallcaps, DSP sc, Franklin templeton sc, HDFC midcaps, Quant midcaps, and Nippon growth.

This summary is AI-generated on Nas.io for 14 messages by 8 members (12 Feb).

11th Feb 2024

Discussion about Investments and Regulations

The members discussed the delay in monthly payout from My Think Tank multimedia Pvt Ltd. They questioned the absence of penalties and if anyone had inquired about it. One member advised against investing in companies that may violate SEBI regulations. They also talked about the investment details, such as assured returns, revenue sharing, and the buyback guarantee. Furthermore, they discussed the regulation of P2P platforms and their comparison to other regulated businesses. They concluded that these platforms can continue operating with some course correction and that the RBI is monitoring the situation. One member pointed out that the industry has become a legitimate asset class due to its significant AUM.

Delay in monthly payout from My Think Tank multimedia Pvt Ltd

Members are concerned about the delay in receiving the November, December, and January payouts from My Think Tank multimedia Pvt Ltd.
They wonder why there are no penalties for the delay and if anyone has raised the issue with the company.
No specific conclusion or preference was shared regarding this topic.

Investment details and advice

One member advises against investing in any companies that may violate SEBI regulatory guidelines.
The investment in My Think Tank multimedia Pvt Ltd involves an 80 lakhs investment with an assured return of 7% yearly.
Additional revenue sharing is based on the hotel revenue, and there are benefits like international nights at Wyndham properties and rooms at Jaipur property for destination weddings.

Regulation of P2P platforms

The members discuss the regulation of P2P platforms and the recent remarks from the RBI.
They argue that these platforms should not be shut down but rather make necessary course corrections and adhere to the regulations.
The legitimacy of P2P platforms is emphasized, considering the RBI's monitoring and the industry's significant AUM.

This summary is AI-generated on Nas.io for 21 messages by 10 members (11 Feb).

9th Feb 2024

nvestments in Arzooo, Waaree Energy, and Sharepal

The members of The ALT Investors group discussed various investment opportunities, including Arzooo, Waaree Energy, and Sharepal. They shared their experiences, preferences, and concerns regarding these deals.

Arzooo deal and Altgraaf

Some of the members mentioned that clients were receiving around 7.8% of outstanding in the Arzooo deal today from Altgraaf.
The deal was being processed, and it was mentioned that some clients mapped under them would receive the benefit.
No further conclusion or preference was shared regarding this topic.

Investment in Waaree Energy unlisted shares

One member asked if anyone had invested in Waaree Energy unlisted shares.
Another member responded with a simple 'yes'.
No further discussion or conclusion was shared on this topic.

Experience with Sharepal deal under Asset Leasing

A member inquired if others were familiar with the Sharepal deal under Asset Leasing and asked about their experiences.
One member responded that they had invested in two deals of Sharepal through Leasify.
The conversation then shifted to discussing the type of items rented by Sharepal, including tracking suits and the need for cameras for leasing purposes. No overall conclusion or preference was shared.

This summary is AI-generated on Nas.io for 24 messages by 6 members (09 Feb).

8th Feb 2024

Discussion on Regulated Investments and Arzooo Update

Members of The ALT Investors discussed the importance of investing in regulated instruments and the lack of an update from Arzooo. There was also a mention of regulatory issues faced by Alt companies.

Importance of Regulated Investments

Members emphasized the need to invest in instruments regulated by SEBI or RBI for safety and returns.
Mutual Funds (MF) were mentioned as an excellent way to create wealth, as they are regulated and safe.
One member urged everyone to consider regulated investments, stating that lesser returns are better than lost capital.

Arzooo Update

A member mentioned that they were expecting an update from Arzooo on the given day but hadn't received it.
There was a reference to recent regulatory issues faced by multiple Alt companies.
Some members speculated that the news about Arzooo could be paid news for publicity.

This summary is AI-generated on Nas.io for 9 messages by 5 members (08 Feb).

7th Feb 2024

Investment Preferences and Returns

The conversation among the members of The ALT Investors focused on investment preferences and the potential returns. They discussed the tax implications for investors, the preference for investing on behalf of family members or entities with lower tax rates, and the comparison of different investment options.

Investor Taxation on Returns

The members acknowledged that investors would have to pay tax on the returns earned, based on their applicable tax rate.
They mentioned that it is a common fundamental for any investment that generates returns as interest.
Specific examples or links were not provided regarding the taxation on investment returns.

Investment Preferences for Lower Tax Rates

The majority of the investors in the group preferred to invest on behalf of family members, HUF, Pvt. Ltd/LLP, or other entities with lower or zero tax rates.
It was mentioned that this preference helps in reducing the tax burden on the investment returns.
No specific examples or links were shared regarding the preferred investment entities.

Returns and Preferences for Investment Options

The discussion included various investment options such as bonds, SDI, MLD (InCred 1.5x Nifty Accelerator MLD), and Wisex Aurum.
It was mentioned that MLD might not seem as lucrative to some members.
The potential returns mentioned during the conversation ranged from 7% to 30% per annum, depending on the investment option.
The reduction of the minimum return for MLD from 14% to 0% was noted, but concerns were raised about the taxation on MLD returns.
A comparison was made between investments in Sky One and ATC, considering return rates and other factors.
Capital appreciation and equity exposure were discussed in relation to investment preferences.
No specific examples or links were shared regarding the mentioned investment options or the comparison of Sky One and ATC.

This summary is AI-generated on Nas.io for 24 messages by 7 members (07 Feb).

6th Feb 2024

Discussion on ALT Investors and Investment Decisions

The ALT Investors community discusses the rumors surrounding SEBI's order to stop activities and the importance of conducting due diligence before investing. They also discuss the risks and benefits of investing in invoice discounting and the need to consider timing in investments. Additionally, there is a conversation about the success of Warren Buffett's investments and the impact of time on investment returns.

SEBI's order and due diligence

Members discuss whether SEBI ordered the ALT Investors to stop their activities or if it's just media rumors.
They express concerns about people burning their capital in pursuit of high return schemes.
The value of SEBI's authority is questioned, with some members joking about SEBI's inability to take action.
The importance of conducting thorough due diligence before investing is emphasized.
One member shares their positive experience with a well-equipped team that assesses company profiles.

Invoice discounting and risks

Members discuss how facilitator companies rush to provide deals, potentially leading to defaults.
The focus on invoice discounting is highlighted due to the volume of transactions and its impact on valuations.
The need for careful assessment and understanding of investing in bills is emphasized.
Members express concerns about the viability and soundness of investment decisions in alternative investments.

Importance of timing in investments

Members debate the average and maximum returns achieved through alternative investments.
The significance of time in investment returns is discussed, with examples provided.
One member advocates for patience and highlights the role of time in real estate investments.
A book excerpt about Warren Buffett's success being attributed to both investing acumen and time is shared.

Discussion on specific investment opportunities

Members ask questions and seek clarifications about upcoming repayments, tax implications, and property details.
They inquire about the advantage or disadvantage of a 5-year lease term and the potential for rent escalation.
Members discuss the tenant's expansion plans and the impact of nearby developments on capital appreciation.
Opinions are shared regarding the decision-making process and potential bargaining power after the lease period.

This summary is AI-generated on Nas.io for 41 messages by 14 members (06 Feb).

4th Feb 2024

Investment Options and Risk Assessment

The members discussed different investment options like REITs and ET Money's P2P lending. They also talked about the appeal of these options, including cash flow, asset registration, and good returns. They questioned if the returns justify the extra risk. The conversation then shifted to leasing cars to Blu Smart and the implications of GST and road taxes. Additionally, the members discussed Race Vault and compared its deals with TAP Invest. They debated the advantages of going with direct plans and the lack of recent deals listed for Race Battery in TAP Invest. Finally, there was mention of the interest in investing in FAAB Invest but not finding any available deals.

Investment options: REITs and ET Money P2P lending

Members discussed the different features of REITs and how they work, including fixed payouts of principal and interest. They compared REITs to LoanX and mentioned the regular dividends received. No conclusion or preference was shared.
ET Money's P2P lending was brought up, offering 8-11% returns. One member asked for opinions, but no specific conclusion or preferences were expressed.

Appeal of options and risk assessment

Members shared their reasons for finding these investment options appealing, highlighting cash flow, asset registration, and good returns.
The discussion then focused on assessing the risk associated with these options, questioning if the returns justify the extra risk. However, no specific conclusions or preferences were shared.

Leasing cars to Blu Smart and GST implications

Members discussed the idea of leasing cars to Blu Smart and the requirement of having a GST registration as a self-employed or business person.
They mentioned that road taxes vary by state, while GST is taxed at the same slab throughout India. One member expressed concerns about becoming operational creditors as vendors to Blu Smart.
No specific conclusions or preferences were shared regarding this topic.

Comparison between Race Vault and TAP Invest

Members compared the deals offered by Race Vault on TAP Invest, with one member mentioning a 3 lac deal with 18+% IRR and a 2.5 lac deal with just 17% IRR. They discussed the advantage of having an extra layer of security with direct plans.
Another member pointed out the lack of recent deals listed for Race Battery in TAP Invest and the observation that Race offers higher IRR for big ticket investments like 50 lakhs.
No specific conclusions or preferences were shared regarding this topic.

Interest in FAAB Invest and lack of available deals

One member expressed an interest in investing in FAAB Invest but mentioned the disappointment of not finding any deals available, as they were all fully funded.
No specific conclusions or preferences were shared regarding this topic.

This summary is AI-generated onNas.iofor 16 messages by 8 members (04 Feb).

3rd Feb 2024

Exit options, KredX, Unity Bank FD, Dunzo

Members discussed exit options for sustvest, specifically regarding LLP agreements and signing to exit as a partner. They also mentioned KredX denying Arzoo but onboarding Jiraff. Discussions shifted to B2B and B2C, promoters being the same or different, and Kabir Biswas being involved in both Dunzo and JioMart. Unity Small Finance Bank FDs and the lack of branches in certain cities were also discussed. Members advised against cooperative banks and suggested exploring non-callable FDs for higher interest rates. There was also feedback sought on the Trumac deals on Tyke and discussions surrounding Dunzo's default and Tap Invest's sale of their NCDs.

Exit options for sustvest

Members discussed the process of exiting sustvest as a partner in an LLP agreement.
They highlighted the necessity of signing supplementary agreements to ensure all partners know their rights.
There was no clear conclusion or preference shared regarding the exit options.

KredX and Jiraff

KredX was mentioned as denying Arzoo but onboarding Jiraff, as heard from a reliable source.
The discussion revolved around the acceptance or denial of different platforms and their implications.
Preferences were not discussed or concluded.

Unity Small Finance Bank FD

Unity Small Finance Bank FDs were mentioned as a possible investment option.
Concerns were raised about the limited presence of branches, particularly in cities outside Surat.
Members discussed the online availability of FDs and the bank's backend system upgrade.

Trumac deals on Tyke and Dunzo's default

Members sought feedback on the Trumac deals listed on Tyke.
Discussions revolved around Dunzo's default on KredX and Tap Invest's subsequent sale of Dunzo's NCDs.
There was a mention of the creditworthiness of brands and their impact on sister concerns.

This summary is AI-generated onNas.iofor 60 messages by 14 members (03 Feb).

2nd Feb 2024

Discussion on Venture Debt, Registered Documents, and Document Distribution

The members of The ALT Investors community had a chat conversation covering various topics related to venture debt, registered documents, and document distribution. They discussed the concept of venture debt, the involvement of AIFs and leading venture debt funds like Trifecta, Stride, Alteria, and Anicut. They also mentioned that venture debt is not available for small investors, as the minimum ticket size is 1 crore. Another topic of discussion was the sharing of registered documents. While some members suggested that registered documents can be obtained online and shared for comfort, others expressed concerns about the open distribution of such documents. The safety and risks associated with land deals and the importance of trust in the platform were also mentioned. Additionally, topics like token systems and exit plans were briefly touched upon. The conversation concluded with the sharing of a blog on tokenized real estate and a question about BetterInvest. Overall, the conversation provided insights into the members' preferences and concerns regarding venture debt and registered documents.

Venture Debt

The concept of venture debt was discussed, which involves lenders receiving warrants in addition to interest.
AIFs and leading venture debt funds like Trifecta, Stride, Alteria, and Anicut were mentioned as providers of venture debt.
It was clarified that venture debt is not available for small investors, with a minimum ticket size of 1 crore.

Registered Documents and Document Distribution

There was a discussion on obtaining registered documents online and sharing them for comfort.
Some members expressed concerns about the open distribution of registered documents and preferred to have them available for viewing only.
The risk assessment of registered documents was mentioned, and the assessment of risk w.r.t registered documents was highlighted.

Land Deals and Trust in the Platform

The safety and risks associated with land deals were mentioned.
The importance of trust in the platform and the potential involvement of brokers charging high brokerage were discussed.
It was conveyed that specific queries regarding land deals can be addressed through scheduled discussions.

Token Systems and Exit Plans

Brief mention and questions were raised about token systems and exit plans.
A blog on tokenized real estate was shared for further insights.
The conversation ended with a mention of BetterInvest and a request for a call to discuss.

This summary is AI-generated onNas.iofor 68 messages by 20 members (02 Feb).

1st Feb 2024

Alt Investment Preferences and Risks

Members of The ALT Investors group discussed their thoughts on the allocation of savings/assets to alternative investments. They also compared the returns and risks of alternative investments with mutual funds.

Allocation of Savings/Assets

Members questioned the ideal percentage of savings/assets that should be allocated to alternative investments.
Preference for alt platforms to provide returns between mutual fund returns and personal finance business.
Concern over the legal framework of alt platforms.

Returns and Risks of Alt Investments

Discussion on the extra return offered by alt investments compared to debt mutual funds.
Debate on the impact of defaults on alt investment returns.
Concern about the absence of credit ratings and trustees in alt investments.

Transparency and Regulation of Alt Investments

Members highlighted the need for greater maturity and regulation in alt investments.
Suggestion for a startup or fintech to create a basket of alt investments.
Discussion on the benefits and risks of loan-on-loan alt investments.

Comparison to MFs and Diversification

Comparison of returns between alt investments and debt mutual funds.
Importance of discipline and patience in MF investments.
Introduction of a revenue-sharing alt investment platform for early-stage consumer brands.

Specific Alt Investment Platforms

Question about UPCAP.co.in invoice discounting platform.

This summary is AI-generated onNas.iofor 52 messages by 14 members (01 Feb).

31st Jan 2024

Discussion on Tax Refund, Rebalancing, Liquidation, Solar Power, and Collective Investment Schemes

Tax Refund for Capital Gain

A member filed their tax return and later found out they could have claimed a refund for the Capital Gain Tax on Mutual Funds.
They wanted to know if it is still possible to claim the refund or if the due date has passed.

Rebalancing Suggestions

A member asked for suggestions on rebalancing their investment portfolio.
No specific conclusion or preference was shared in the conversation.

Liqudation of SDIs and Bonds

A member inquired about the liquidation of SDIs and bonds offered by Grip and requested data on sell orders and successful trades.
They wanted to understand the realistic situation of liquidation.
No specific conclusion or preference was shared in the conversation.

Buying Solar Power from SundayGrids

A member asked if anyone has used SundayGrids to buy solar power and offset their electricity bills.
Another member suggested buying solar panels for their house directly instead of using SundayGrids.
Discussion on the sales guarantee and secondary market availability took place.

Collective Investment Schemes

A member provided a definition of Collective Investment Schemes (CIS).
They mentioned CIS being discussed in various places.
No specific conclusion or preference was shared in the conversation.

This summary is AI-generated onNas.iofor 42 messages by 15 members (31 Jan).

30th Jan 2024

Regulations, CSOPs, Invoice Financing, altGraaf Platform, Growpital

The members discussed various topics including regulations, CSOPs, invoice financing, the altGraaf platform, and Growpital. They shared their experiences, concerns, and suggestions regarding these topics.

Regulations

The conversation revolved around the need for regulations and the importance of safety and diversification in generating passive income.
Members mentioned the lack of defined rules and regulations in alternative investments.
There was a discussion about the government's role in bringing regulations, which usually happens during crises.

CSOPs

Some members shared their experiences with CSOPs and SAR deals, expressing frustration with the lack of exit plans and no new CSOPs or SAR deals available.
There was a question about how to exit CSOPs, but no clear answers were provided.
Members discussed specific companies like Tyke and Arata, sharing their opinions on the quality of their CSOPs.

Invoice Financing

The conversation touched upon the gray area of using invoices for financing and the lack of defined rules or regulations in this area.
Members discussed the use of escrow accounts, cash payments, and the need for due diligence when investing in invoice financing.
There was also a discussion about the role of banks in discounting invoices and the verification process they follow.

altGraaf Platform

The altGraaf platform was mentioned, with a webinar scheduled to discuss its track record, products, and processes.
A member raised a question about the real estate NCD structure and the builder's involvement.
There was a suggestion to seek due diligence and clarification regarding charge creation in relation to land sales.

Growpital

Some members questioned why Growpital has not registered with SEBI yet.
A message from the founder and CEO assured partners of their commitment to resolving the SEBI issue and addressing concerns.
The conversation also touched upon valuation information about Oravel Stays Limited (Oyo) and Wint Wealth.

This summary is AI-generated onNas.iofor 70 messages by 20 members (30 Jan).

29th Jan 2024

Investment Experiences and Platform Recommendations

Members discussed their investment experiences and shared recommendations for different platforms.

Investment Experiences

Members shared their experiences with various investments, such as Grip Invest, Klubworks, Falcons, and Local chits. They discussed defaults, returns, and overall satisfaction.
Some members also mentioned their experience with high-interest investments and small PMS from friends.
Investments in platforms like Altgraf, Liqui Loan, and Lenden Club were also mentioned, with positive experiences reported.

Platform Recommendations

Members recommended platforms like Grip Invest, AltGraaf, and Tap Invest for invoice discounting. They discussed the benefits and returns of these platforms.
They also discussed the issue of principal guarantee and the management of returns on these platforms.
The trustworthiness of promoters and the importance of conducting due diligence were emphasized when choosing a platform.

This summary is AI-generated onNas.iofor 99 messages by 22 members (29 Jan).

26th Jan 2024

Investment Platforms, Short term opportunities.

The ALT Investors chat conversation covers various topics including the observation of no new deals being listed, future operations of the platform, attraction to short term investment opportunities, purpose of LLPs registered under tap invest/Leafround, information about GHL India, availability of reliable platforms with high returns, understanding of realistic returns, claiming interest amount during legal proceedings.

Observation of no new deals being listed

Members have observed that no new deals have been listed on Klubworks since November 2023.
Concerns have been raised about the future operations of the platform.

Attraction to short term investment opportunities

A new member expresses curiosity about why people are attracted to short term investment opportunities with no upside and complete downside.
The member questions the validity of using IRR as a metric for short term opportunities.

Purpose of LLPs registered under tap invest/Leafround

A member raises a query about the purpose of the LLPs LR ASSET 1 LLP, LR ASSET 2 LLP, and LR ASSET 3 LLP registered under tap invest/Leafround.
No information or conclusions regarding the purpose of these LLPs were shared in the conversation.

Information about GHL India

A member asks for information about GHL India, a Chennai based platform dealing with commercial real-estate, as they have invested 10% of their capital there.
No specific information or conclusions about GHL India were shared by other members.
The member expresses uncertainty about their investment and asks if there is any way to exit or if they should hope for the best.

This summary is AI-generated onNas.iofor 15 messages by 9 members (26 Jan).

25th Jan 2024

Risks and Trust in Invoice Discounting

The conversation revolved around the risks and trust associated with Power2sme's invoice discounting on altGraaf. Members discussed the insufficiency of post-dated checks (PDCs) and the agreement, the importance of displaying guarantee, escrow, and PDCs in deal listings, the possibility of a criminal offense in case of dishonored checks, the delay in justice in the country, the need for trust in investment, and the risks involved in relying solely on trust. They also touched upon the unreliability of companies and the difficulty in recovering money. The discussion emphasized the need for proper procedures, data-backed trust, and minimizing risk. Members also mentioned the cautious approach taken by banks in lending money and the collateral and payment capacity proofs they require. The conversation concluded with the mention of the parent company, Indiabulls, securing the investment and the need to verify the legal liability of related entities.

Insufficiency of PDCs and Agreement

PDCs were discussed as insufficient protection in case of default.
The agreement was deemed unfavorable in the industry and not on stamp paper.
The Arizoo Jiraaf scenario highlighted the ineffectiveness of PDCs and the agreement.

Importance of Trust and Data-backed Processes

Investments should be backed by trust, but data-backed processes are crucial.
Companies should display guarantee, escrow, and PDCs to build trust.
Relying solely on trust is highly risky, especially in investments.

Risks and Challenges in Recovery

The delay in justice and numerous pending cases make recovery difficult.
Investments should be made with the understanding that trust doesn't guarantee money recovery.
Companies may prioritize profit over recovering investor's money.

Bank Requirements and Cautious Approaches

Banks require collateral, payment capacity proof, and KYC for lending.
Promoter intent is evaluated before proceeding with the procedures.
Banks treat common people differently and declare bad debts annually.

Verifying Legal Liability of Related Entities

The discussion mentioned historic cases where related entities were not legally liable.
The rating of Power2sme by an unknown agency raised doubts about its credibility.
The parent company, Indiabulls, secures the investment, but the liability of other entities needs verification.

This summary is AI-generated onNas.iofor 44 messages by 9 members (25 Jan).

22nd Jan 2024

P2P companies giving 'cashbacks' and extra 'returns'

Members discussed about the practice of P2P companies giving cashbacks and extra returns for festivals, and whether it goes against the typical P2P model. They shared concerns about the risks involved and mentioned a deleted video on YouTube about it. Sharan, who they personally chatted with, also cautioned about the scheme. There was no conclusion or preference shared regarding this topic.

Different investment plans offered by P2P companies

Members mentioned a 10k @9% investment plan with no lock-in period, and other plans with 3/6/12 month lock-in and higher interest rates.
Uni's Powerup and Liquiloans were mentioned as platforms offering these plans.
There were concerns raised about the potential risks of these plans, with one member being tempted by a silver bar but ultimately considering it risky.

Discussion on business fundamentals and risks

Members expressed a lack of understanding regarding the underlying business fundamentals and risks associated with P2P investments.
They acknowledged the various ways P2P companies try to lure investments, but highlighted the need for a better understanding of the risks involved.
No specific conclusions or preferences were shared regarding this topic.

Opinions on a new project by Fabinvest

Members discussed a new project by Fabinvest offering an 18% return and financing builders with a registered sale deed worth 15 cr.
There were doubts about the genuineness of Fabinvest as a platform.
No specific conclusions or preferences were shared regarding this topic.

Poor communication by Neuphony and Tyke

Members criticized the communication by Neuphony and Tyke, considering it a joke.
No specific conclusions or preferences were shared regarding this topic.

This summary is AI-generated onNas.iofor 15 messages by 10 members (22 Jan).

19th Jan 2024

Discussion on Investment Platforms and Risks

The group members discuss various investment platforms, their risks, and potential fraudulent activities.

Investment Experiences and Losses

Members share their personal experiences of investing in high-return platforms and losing their investments.
They discuss the risks involved and emphasize the importance of investing only what one can afford to lose.
One member mentions receiving returns of 10% per month initially but eventually losing their invested amount.

Transparency and Due Diligence

Members highlight the need for transparency, proper documentation, and due diligence in investment platforms.
They discuss the importance of calibrating timelines and understanding the risks involved.
One member mentions their team's plan to disclose information about platforms supporting unworthy AIFs.

Concerns about Anomalies in Investment Platforms

Members express their intent to disclose anomalies in various investment platforms in the future.
They discuss the need for these platforms to cease to exist or increase their due diligence.
One member mentions the team's plan to publish concrete information about these anomalies.

This summary is AI-generated onNas.iofor 66 messages by 14 members (19 Jan).

18th Jan 2024

Discussion on Money Back Guarantee and Alternative Investment Platforms

The members of The ALT Investors discussed various topics related to money back guarantees and alternative investment platforms. They raised concerns about the clarity and legitimacy of the agreements, as well as the transparency of Tyke's payment structure in case of defaults. They also expressed interest in alternative investment platforms and credit insurance.

Money Back Guarantee from Tyke

Members questioned how Tyke's money back guarantee works if startups are already liable to pay in case of default.
Tyke's transparency and ability to cover defaults were also questioned, as they were not honoring the exit rule for CSOPs.
The need for clarification on why only specific deals receive the money back guarantee was discussed.

Concerns about Agreements and Legal Validity

The absence of stamp paper in the agreements raised doubts about their legal validity.
Members highlighted the importance of understanding how Tyke would pay up in case of defaults and whether they have insurance or sufficient capital to cover it.

Credit Insurance on Alternative Investment Platforms

Members expressed curiosity about credit insurance on alternative investment platforms and how it works.
They asked for details about premiums and typical percentages for credit insurance.
The need for financial education to understand the risks involved in higher yield, guaranteed returns, and instant liquidity was emphasized.

Discussion on P2P Platforms and Ratings

Members sought recommendations for the best P2P platforms in India based on ratings.
Personal experiences and opinions about different platforms were shared.
Mobikwik was mentioned as a good platform.

Invoice Discounting and Tyke's Guarantee

The concept of invoice discounting was discussed, where Tyke claims to pay if vendors fail to pay.
The similarity between the guarantee on invoice discounting and the CSOP guarantee was highlighted.

This summary is AI-generated onNas.iofor 20 messages by 13 members (18 Jan).

16th Jan 2024

Discussion on GHL India Debentures

Members of The ALT Investors discussed the credibility of GHL India debentures and the legality of investing in them through credit card. There was also a conversation about the risks involved in investing in companies that further invest into something. The members also discussed LLP taxation and the tax-free profit share to partners. They also touched upon the financing provided by GHL to Sree Easan and the age of the company. Additionally, there were discussions on the reasons for funds going to retailers, the attraction of FnV investments due to 0% GST, and the need for regulations and rating agencies. Overall, the members advised caution when investing in unregulated platforms like GHL.

Credibility of GHL India debentures

Members expressed concerns about the credibility of GHL India debentures and questioned their trustworthiness.
There was a request for someone with a legal background to shed light on the legality of investing in GHL debentures through credit card.
The conversation did not reach a conclusion on the credibility of GHL India debentures.

Risks of investing in companies that further invest

A member raised concerns about the risk of investing in companies that further invest, highlighting the potential issue of not being able to recover the capital if the company runs out of money.
There was a discussion about previous issues with invoice discounting and fractional real estate investments, which further emphasized the risks involved.
The members expressed caution and advised against investing in companies that further invest.

LLP taxation and tax-free profit share

Members discussed LLP taxation and the tax-free profit share to partners.
It was explained that LLP profit share spread to partners is always tax-free, regardless of the nature of the LLP.
The conversation concluded that LLP taxation happens at the LLP level profit, and anything that goes to the partners is tax-free.

Financing by GHL to Sree Easan

The conversation touched upon the financing provided by GHL to Sree Easan.
There were observations about D. Karthikeyan being a director in both Sree Easan and GHL.
It was noted that Sree Easan is a relatively new company, approximately 6 months old.

Reasons for funds going to retailers

There was a question regarding the reasons for funds being directed towards retailers instead of banks.
Possible reasons discussed included strict regulations, high cost of funds, and the need for higher security in retail investments.
The conversation did not reach a conclusion on the reasons for funds going to retailers.

This summary is AI-generated onNas.iofor 38 messages by 10 members (16 Jan).

15th Jan 2024

Discussion on Investment Options and Metrics

The ALT Investors discussed various investment options and metrics, including insights on Electronica Finance Limited, concerns about P2P companies, and the importance of the XIRR metric.

Electronica Finance Limited

Members discussed Electronica Finance Limited, a leading NBFC offering collateral-free loans to MSMEs and SMEs.
They highlighted the nature of the instrument, which is unsecured, rated, and listed.
The company has a coupon rate of 13% p.a., with interest payouts on a monthly basis.

Concerns about P2P Companies

A member shared their negative experience with P2P companies, mentioning defaults and delays.
They decided to stay away from P2P investments due to the lack of recovery mechanisms and loan sourcing reliability.
Others in the group expressed agreement and shared similar concerns.

Importance of XIRR Metric

A discussion on various investment metrics, particularly focusing on XIRR (Internal Rate of Return).
Members emphasized the relevance of XIRR in evaluating investments with regular paybacks.
The group acknowledged that XIRR is not the only metric but agreed on its importance.

This summary is AI-generated onNas.iofor 15 messages by 8 members (15 Jan).

13th Jan 2024

Investment Platforms and Risk Management

The members of The ALT Investors discussed various topics related to investment platforms and risk management.

Renewable sources investment platforms

The members talked about renewable sources investment platforms like Sustvest and Pyse.
They questioned whether it is recommended to invest in these platforms and if there are better alternatives.
No conclusion or preference was shared regarding these platforms.

Total returns and FD comparison

A member mentioned the comparison of total returns of investment products with Fixed Deposits (FDs).
They discussed the difference in receiving funds and the reinvestment potential of monthly payments.
The metric commonly used for these investments is IRR (Internal Rate of Return).

Risk management and escrow mechanisms

The members discussed the importance of escrow mechanisms for better risk management.
They made a reference to a default case with Arzooo on the AltGraaf platform.
There was a consensus that platforms should ensure the implementation of escrow mechanisms to collect money on invoice receivables.

Trust on reputed companies for ID deals

Some members mentioned that many people trust reputed companies to pay vendors on time for Invoice Discounting (ID) deals.
They reflected on the case of Arizoo diverting funds from invoice payments to other payables.
One member noted that Better invest is an example of a platform that has an escrow mechanism to some extent for collecting money on invoice receivables.

This summary is AI-generated onNas.iofor 13 messages by 8 members (13 Jan).

12th Jan 2024

Members discussed the issue between Arzooo and their banker and shared their opinions and concerns.

Arzooo and Banker Issue

Members questioned what the issue was between Arzooo and their banker.
There was speculation about Arzooo defaulting but one member believed they wouldn't default for a long time.
Members emphasized the need for transparency in such business deals.

New Offering: PysePlus

Members discussed a new offering called PysePlus which offers global projects for investment.
They mentioned starting with EV and solar projects in Dubai.
Members were excited about the opportunity to invest and enjoy dollar returns.

New Asset Leasing Deal

A new asset leasing deal with SharePal was shared with the group.
The deal offered a 19.18% IRR and a tenure of 18 months.
Members were encouraged to check the app for investment details.

Invoice Discounting and Referral Incentives

AltGraaf offered an Invoice Discounting deal at a reduced price due to hesitancy from investors after the Arzooo default.
Referral incentives and partner commissions were increased to attract new investors.
Members discussed the possibility of an AIF bubble building up.

This summary is AI-generated on Nas.io for 18 messages by 11 members (12 Jan).

11th Jan 2024

Discussion on Wint Wealth Bonds Basket and Blu Smart Assured

The members of The ALT Investors discussed the Wint Wealth Bonds Basket and Blu Smart Assured. They also talked about the regulation of Grip products and the latest memo by SEBI on regulating MSM reits. Some members shared their experiences with invoice discount deals from Tyke, and there was also a mention of Dubai real estate deals.

Wint Wealth Bonds Basket

Members discussed the Wint Wealth Bonds Basket and its features, including the 25% TDS rate and the launch of SDI in solar. They questioned if anyone had any reviews or insights into the product.
There was no conclusion reached about the Wint Wealth Bonds Basket, but members were interested in knowing if invoice discounting was reported in Credit Bureaus by these alternative platforms.

Blu Smart Assured

Members inquired about Blu Smart Assured and what appeals to other members about the deal. They mentioned that Grip products are regulated and have a trustee, providing an additional layer of protection.
There was no specific preference or conclusion shared by the members regarding the Blu Smart Assured deal.
One member mentioned the risks associated with movable assets like cars and the percentage of TDS for furniture and fitouts.

Regulation of Grip Products and SEBI Memo on MSM Reits

Members discussed the regulation of Grip products and the presence of a trustee to prevent misuse of money. They also mentioned that bonds are rated and hence provide some level of assurance.
The latest memo by SEBI on regulating MSM Reits was brought up, but there was no further discussion or conclusion on this topic.

Invoice Discount Deals from Tyke

Some members shared their experience with invoice discount deals from Tyke, mentioning that there were delays of 2-3 days in a few cases out of 10.
One member requested other members to share any delay or default experiences they had with invoice discount deals from Tyke.

Dubai Real Estate Deals

There was a brief mention of Dubai real estate deals and the observation of more social influencers promoting them.
One member suggested booking a meeting with the platform involved in Dubai real estate deals.

This summary is AI-generated onNas.iofor 24 messages by 13 members (11 Jan).

10th Jan 2024

Tax Deduction Submission Process

Members discussed the process of submitting forms to lower/nill tax deductions and its complications.

Process of Submitting Forms for Lower/Nill Tax Deductions

Members mentioned that in order to lower or completely eliminate tax deductions, one needs to submit form 13 to the trustee and prove to the tax officer that their estimated tax liability justifies a lower or nil TDS.
It was mentioned that the process used to be manual, requiring multiple visits to the tax office and a detailed submission.
The members found the process complicated and time-consuming.

Challenges of Form 15G/H

One member pointed out that even form 15G/H asks for a lot of details, and if a person is not truly having no taxable income, they would have to lie, leading to potential future problems.
The members discussed the risks and disadvantages of providing false information on the form.

Reference Article

A member shared a link to an article from the Times of India that discussed the growth of credit card e-spend during Diwali.
The article provided additional information related to the topic of tax deductions.
Link: https://timesofindia.indiatimes.com/city/mumbai/credit-card-e-spend-growth-2x-in-stores-during-diwali/amp_articleshow/105740092.cms

This summary is AI-generated onNas.iofor 14 messages by 7 members (10 Jan).

8th Jan 2024

Discussion on ALT Investments and P2P Lending

The ALT Investors had a conversation discussing various alternative investment options and P2P lending. They shared their opinions on different platforms and preferences for investments. They also talked about the current focus on bonds and the potential regulatory changes in the industry.

Opinions on ALT Investments

Members discussed their investment experiences with ALTGRAAF and JIRAAF, both of which received invoice discounting. The platforms were rated high risk but mentioned zero late payments for all deals.
One member shared their preference for P2P lending over invoice discounting, mentioning platforms like CRED Mint, OBPP registered platforms, and Grip.
Another member suggested going for BBB rated bonds for invoice discounting to have collateral and similar IRR.
KredX was mentioned as a better platform for invoice discounting.

Preference for P2P Lending

Members expressed a preference for P2P lending and suggested platforms like OBPP registered platforms, GRIP, GoldenPi, Aspero by YUBI, and P2P lending on CRED Mint.
The conversation also mentioned concerns about the liquidity of P2P lending and the industry waiting for directions from RBI.
A member shared a link to an educational course on P2P lending and requested feedback from the community.

Investment Performance

Members shared their experiences and performance of different investments, including P2P lending on Lendbox and daily interest payments on CRED Mint, which have now stopped.
One member mentioned FLDG as a platform for investments.
There was also a question about silver leasing opportunities, with members mentioning Gullak and JAR focusing on gold.

This summary is AI-generated onNas.iofor 26 messages by 8 members (08 Jan).

7th Jan 2024

Discussion on Neuphony's offer and risks of platform shutdown

The members of The ALT Investors discussed Neuphony's offer and the risks associated with the shutdown of a platform company.

Neuphony's offer

Neuphony is offering a generous exit offer of 15%
Tyke wants a 3% cut on the exit offer and to offer the remaining 12% to CSOP holders
Example: On a subscription of ₹5,000, investors would receive ₹5,614 after fees and GST

Risks of platform shutdown

A member inquired about the risk of platform shutdown for SDIs
There is a security package in SDIs that provides around 20% default risk coverage
Comparison between SDIs and P2P lending: SDIs have some level of security, while P2P lending is unsecured

This summary is AI-generated onNas.iofor 16 messages by 6 members (07 Jan).

6th Jan 2024

The conversation in The ALT Investors group covered various topics related to investment security and risk mitigation.

Asset Recovery and Safety in Investments

Members discussed the recovery of assets in Bigspoon leasing deals and the partial payout made to investors.
SDIs were mentioned as investments with lower returns but higher security due to the cash security deposit fully covering any losses from the Bigspoon lease.
Investors appreciated the reduced risk in SDIs compared to past LLP leasing deals or other platforms' direct leasing deals.

Ensuring Loan Quality as Collateral

The discussion revolved around the controls in place to ensure the quality of loans provided as collateral.
Members highlighted key checks such as looking at a larger number of loans, meeting RBI set criteria, diversification across multiple parameters, and verifying loan facts through auditors.
Prior successful transactions and loan selection criteria of the NBFC were also considered as important factors.

Bank Guarantee and Principal Risk

Members shared their views on Bank Guarantee (BG) and its role in securing the principal risk.
The quantum/% coverage of BG against the portfolio was discussed as an important factor in determining the level of security.
It was suggested that if the coverage is 100%, BG can be considered as secure as a fixed deposit (FD).

Experience with Invoice Trades

There was a query about the experience with invoice trades, but no specific discussion or conclusion was reached on this topic.

Promoter Guarantees as Secure Instruments

Members briefly discussed promoter guarantees as potentially providing the highest level of security for instruments.
However, no further details or conclusions were shared on this topic.

This summary is AI-generated on Nas.io for 18 messages by 9 members (06 Jan).

5th Jan 2024

Discussion on Default Metrics and Grip Invest Repayment

The discussion among the members of The ALT Investors focused on two main topics: the metric the platform should use for default and the issue of partial repayment from Grip invest.

Default Metric for Platform

Members discussed two options for default metric: X% default and X number of investors losing their money.
No clear conclusion or preference was mentioned.
Some members expressed concerns about RBL Bank's collection and recovery process, as the bank had recently been fined by RBI. A link to an article about the fine was shared: [link].

Partial Repayment Issue with Grip Invest

A member mentioned that some investors had received partial settlements for BigSpoon in Grip invest, but they personally hadn't received any repayment or intimation.
The member asked if others were facing the same issue.
No conclusion or resolution was reached in the conversation.

This summary is AI-generated onNas.iofor 9 messages by 7 members (05 Jan).

4th Jan 2024

Investing in Commercial Properties on Bhive

Members discussed the investment opportunities in commercial properties on Bhive and highlighted the importance of credit risk management. They also discussed the risks associated with investing in Bhive and emphasized the need to consider scalability and location when evaluating new platforms in this space.

High Quality Credit Risk Management

Members emphasized the importance of credit risk management when investing in commercial properties on Bhive.

Bhive as a Good Platform for Commercial Properties

Members discussed Bhive as a good platform for investing in commercial properties, particularly in Bangalore.

Risks Associated with Bhive

Members discussed the risks associated with investing in Bhive, including their asset leasing model and the potential depreciation of assets.

Scalability of New Platforms

Members emphasized the importance of considering scalability when evaluating new platforms in the commercial property investment space.

2nd Jan 2024

Discussion on Kisaan Parivar and Shares Bazaar, platform revamp at Investorey, and Vuenow

The members discussed topics including Kisaan Parivar and Shares Bazaar, the platform revamp at Investorey, and Vuenow.

Kisaan Parivar and Shares Bazaar

Members shared their experiences and feedback on Kisaan Parivar and Shares Bazaar.
Some members mentioned receiving continuous calls from Kisaan Parivar and Shares Bazaar.
There were discussions about whether anyone in the group had invested in Kisaan Parivar and Shares Bazaar.

Platform revamp at Investorey

Investorey announced a platform revamp and introduced new features such as Family Account and Referral Program.
The members discussed the concept and length of the Investorey's platform summary.
There were comments about the number of players and the similarity of offerings in the real estate market.

Vuenow

A member asked if anyone had invested in Vuenow.
There were doubts and concerns raised about Vuenow, including its high returns and multi-level referral earning opportunities.
One member expressed skepticism and claimed Vuenow to be a scam.

This summary is AI-generated onNas.iofor 18 messages by 8 members (02 Jan).

1st Jan 2024 (Happy New Year!)

Investment Options and Experiences

Members discussed various investment options, shared their experiences, and asked for advice and information about different platforms.

Investment options and risks

Members discussed the different investment options, such as corporate debt/NCD and real estate NCD, offered by CASHe and Sunland Ventures.
They mentioned that CASHe has a medium risk while Sunland Ventures carries a higher risk.
One member shared that they have had a positive experience with Altgraaf, which is a medium to low risk platform.

Information and experiences

Members asked for articles or content that provide real experiences of using different investment platforms.
They also discussed the structure of investments backed by invoices and the role of escrow in protecting investors' funds.
One member shared their past experience of protecting incoming cash flows using a similar structure.
They also mentioned additional measures taken by borrowers, such as creating charges on MCA and having AOR agreements and DPN notes in case of default.

Rupeek issue

Members discussed the funding struggles faced by Rupeek, cautioning others to be careful.
They mentioned that the issue has been available on Jiraaf for quite some time.

Inflection Point Ventures

One member asked if anyone has heard about or invested in Inflection Point Ventures and wanted to know their fees and past performance.
They mentioned that the firm is a venture capital firm with a ticket size of 1 lac+.
Another member mentioned that the minimum ticket size for AIF is 25 lakhs and investor net worth should be at least 2 crore.

This summary is AI-generated onNas.iofor 23 messages by 12 members (01 Jan).

31st Dec 2023

Different metrics for investment analysis

The members discussed different metrics for investment analysis, including MIRR and IRR. They shared their preferences and perceptions on metrics like Absolute Return and ROI. They also discussed the cost of capital and factors affecting it.

Preference for investment metrics

Some members prefer XIRR and Absolute Return as metrics for investment analysis.
Tier2/Tier3 city investors trust SBI/PostOffice for investment.
Perceptions may change over time.

High IRR and cost of capital

High IRR doesn't necessarily indicate a company's performance.
Drinkprime has been raising at a high cost of capital.
Missing factors affecting the high cost of capital.

Barbell approach for alt investing

Discussion on allocating high risk and low risk investments.
Resources to read about the barbell approach requested.
No sharing of referral codes allowed.

Tracking investments with software tool

Members discussed using excel to track returns.
Inquiring about software tools to track investments.
Most software tools require using their platforms for investing.

This summary is AI-generated onNas.iofor 34 messages by 17 members (31 Dec).

30th Dec 2023

Discussion on NPA data and high returns

The members of The ALT Investors discussed a platform or site for showing NPA data of P2P and also shared information on high returns they have achieved.

Platform for NPA data of P2P

The members inquired if there is a platform or site available to show NPA data of P2P.
One person shared an article from Vested Finance with their P2P partner NPA details which they update quarterly.

High returns and sources

A member asked if anyone has achieved more than 18% return and requested them to mention the source.
One member mentioned that they got lucky with Tyke CSOP 10x, which was an outlier for them. It is unclear if this platform shows NPA data.
Another member inquired about CSOP being private equity, to which someone else mentioned that CSOP is quasi private equity in their opinion.

This summary is AI-generated onNas.iofor 13 messages by 8 members (30 Dec).

28th Dec 2023

Discussion on Grip's LeaseX

The ALT Investors had a discussion about Grip's LeaseX. They discussed the key differences in LeaseX and its agreement with Gensol.

Grip's LeaseX and Gensol Agreement

The members discussed the key differences between Grip's LeaseX and Blusmart, specifically that LeaseX is leased to Gensol instead of Blusmart.
Gensol, a profitable and publicly listed company, operates the cars on Blusmart's platform while all lease rentals are paid by Gensol, shifting the credit risk.
No conclusion or preferences regarding the agreement were shared by the members.

26th Dec 2023

Discussion on Growpital Investment and Mango Folks

The members discussed the feedback on Growpital investment and the revised terms and conditions. One member shared a phone number related to Growpital. Another member mentioned that someone had previously mentioned the discussion of equity dilution involving Arzoo. Mango Folks was brought up, and a member shared a link about their revolutionary technology in mango cultivation. The revenue projection and the potential number of trees planted were mentioned. Another member expressed that they wish it was a free opportunity and considered it more suitable for high net worth individuals rather than retail investors. Lastly, the discussion touched on the risks associated with ultra high-density plantation and the importance of seed variety.

Growpital Investment Feedback

Members shared their thoughts and opinions on the Growpital investment.
No specific conclusion or preference was mentioned by any member.
No relevant links were shared in relation to this topic.

Revised Terms and Conditions

One member asked about the changes in the revised terms and conditions of Growpital.
No specific conclusion or preference was mentioned by any member.
No relevant links were shared in relation to this topic.

Arzoo and Equity Dilution

A member mentioned that Arzoo was previously discussed in relation to equity dilution.
No specific conclusion or preference was mentioned by any member.
No relevant links were shared in relation to this topic.

Mango Folks

The members discussed Mango Folks and their revolutionary technology in mango cultivation.
One member shared a link to an article about Mango Folks.
The projected revenue and the potential number of trees planted were mentioned in the conversation.

Suitability for Retail Investors

One member expressed that the initial investment for Mango Folks might be too high for retail investors and considered it more suitable for high net worth individuals.
No specific conclusion or preference was mentioned by any member.
No relevant links were shared in relation to this topic.

Risks of Ultra High-Density Plantation

The risks associated with ultra high-density plantation, such as inhibiting the growth of plants, were discussed.
The importance of seed variety in mitigating risks was mentioned in the conversation.
No relevant links were shared in relation to this topic.

25th Dec 2023

Hospitality Industry Challenges and Alt Investments

The chat conversation discusses the challenges faced by the hospitality industry, particularly in the F&B sector. Members share their experiences and perspectives on profitability, competition, and the realities of running a restaurant or bar business. They also touch on the concept of fractional real estate investment and its viability in the industry. Furthermore, there is a brief mention of the potential of alt investments in the hospitality sector, specifically in distribution and supply chain. Lastly, the conversation ends with a tax query and a reminder to focus on knowledge-sharing within the community.

Challenges in the F&B Sector

Members discuss the high costs and low profitability in the F&B sector, especially in the craft beer market.
There is an acknowledgment of the power law in the industry, with a small percentage of operators making the majority of the profits.
The importance of owning the place of business and the difference between markets like Bangalore and Mumbai is highlighted.

Fractional Real Estate Investment

One member suggests considering fractional real estate investment as a viable option for cash flow investing.
Another member shares the challenges of the industry, such as poor cash flow management and rising costs, which make it unviable for most new entrants.
The importance of partnering with someone with real estate ownership and a successful track record in the business is emphasized.

Alt Investments in Hospitality

The concept of fractional investment in distribution and supply chain for brands/products is introduced.
Members exchange views on the potential benefits of such investments, including good cash flow and credit card rewards.
There is a request for the community's input and a promise to share more details about the proposed investment opportunity.

Regulatory Concerns and Tax Queries

Members express concerns about the lack of regulation in the alt investment platforms.
A tax query regarding setting off gains/losses from different investments is posed.
The conversation ends with a reminder to refrain from discussing geopolitics and to focus on knowledge-sharing within the community.

This summary is AI-generated onNas.iofor 44 messages by 12 members (25 Dec).

24th Dec 2023

Bank Guarantee Deal and Trade Credit Insurance

The members of The ALT Investors discussed a bank guarantee deal and trade credit insurance. They also mentioned the importance of having a similar mechanism in other products. One member thanked another member for their helpful input.

Bank Guarantee Deal

The Altgraaf team discussed a bank guarantee deal with the group.
The deal involves utilizing an escrow account for fund payments.
Altgraaf will have control over the escrow account.

Trade Credit Insurance

A member asked about the concept of trade credit insurance.
They mentioned Power2SME's trade credit insurance at 11.25%.
The discussion revolved around the circumstances when this insurance may not work.

Importance of Mechanism

One member stated that all deals should have a similar mechanism.
SEBI recommends such mechanisms for retail investment products.
The practice should be replicated across different products.

22nd Dec 2023

The conversation revolved around the difference between financial advisors and Registered Investment Advisors (RIAs). Members discussed the credibility that financial advisors bring and the licensing requirements for using the term 'financial advisor.' They also mentioned the absence of commissions for RIAs and the liability that SEBI holds them to. Non-registered financial advisors lack these regulations and restrictions. The major difference highlighted was that RIAs are prohibited from commission-based selling, which ensures that their advice is not influenced by lucrative schemes..

Credibility of financial advisors

Members raised questions about the credibility of financial advisors compared to RIAs.
The distinction was made that financial advisors can only use the term if they are an RIA.
RIAs are subject to licensing regulations by SEBI, while non-registered financial advisors lack these credentials.

Difference in licensing and commissions

RIAs have a SEBI license, while financial advisors do not.
RIAs are prohibited from engaging in commission-based selling/advising of financial products.
Non-registered financial advisors do not have the same restrictions, allowing them to earn commissions.

SEBI liability for RIAs

RIAs are held liable by SEBI if they provide shady advice or have backdoor dealings.
SEBI ensures accountability for RIAs in case of mishaps.
Non-registered financial advisors do not have the same level of scrutiny and accountability.

Low number of RIAs in India

It was mentioned that there are only around 600 RIAs currently in India.
The limited number of RIAs highlights the exclusivity and regulation in the industry.
This scarcity could impact accessibility and choice for investors.

This summary is AI-generated onNas.iofor 14 messages by 6 members December 22, 2023.

21st Dec 2023

Review and Regulations of Power2SME Invoices

The members of The ALT Investors discussed the review and regulations of Power2SME invoices on Jiraaf.

Power2SME Invoice Review

The community shared their opinions on the review of Power2SME invoices on Jiraaf.
They discussed if Power2SME invoices are 100% backed by bank guarantee.
No conclusion or preference was shared by any member regarding the review.

Regulations for Real Estate Investments

The members discussed whether leasing out leased land for real estate development and raising funds via LLP falls under REITs.
It was clarified that it does not come under REITs but might come under MSM REITs depending on the project's value.
No specific conclusion or suggestion was shared by any member.

Fractional Ownership Platforms

They talked about the existence of fractional ownership platforms in real estate and how private investors utilize the SPV or LLP model.
Ayush mentioned that regulations were created for fractional platforms in this space.
No further preferences or suggestions were shared by any member.

Legal Restrictions on Public Funds for Real Estate

The members discussed the legal restrictions on sourcing public funds for purchasing land and developing it.
Manisheel clarified that sourcing public funds for purchasing land and developing it is not allowed.
Arpan sought clarification if the same investment can be used for operations instead of purchasing.

Regulations for SPV Based Model

They mentioned that none of the structures are regulated until SEBI brings in exact regulations for using the SPV based model for investing beyond real estate.
It was stated that private sourcing of funds is allowed, but publicly listing it on platforms for retail sourcing is not allowed.
No specific conclusion or suggestion was shared by any member.

This summary is AI-generated onNas.iofor 16 messages by 6 members (21 Dec).

20th Dec 2023

Rental Yield in Bangalore and Risk of Funding

The members discussed rental yield in Bangalore compared to other metros and the risk of companies relying on funding. They also discussed investing in specific platforms and recent fundraising activities of companies.

Rental Yield in Bangalore

The discussion started with a question about whether rental yield is higher in Bangalore compared to other metros.
No conclusion or preferences were shared regarding rental yield in Bangalore.

Risk of Funding for Repayments

Members expressed concern about companies relying on funding to make repayments on Altgraaf and whether additional interest is paid for delayed repayments.
The riskiness of companies relying on funding for payments was discussed.
No conclusion or preferences were shared regarding the risk of funding for repayments.

Trust in Company's Treatment of Money

The trustworthiness of companies that can't handle employees' money was brought up.
The question was raised on how investors can trust such companies with their money.
Members suggested getting clarification from someone at Tap Invest.

Investment Platforms and Opportunities

Members discussed investment platforms like Lendpartnerz, GRIP, ALTGRAF, and Betterinvest, asking for guidance and safety.
Specific platforms like Assetmonk were mentioned by a member, and others asked if anyone has invested in it.
No conclusion or preferences were shared regarding investment platforms and opportunities.

Fundraising Activities of Companies

Members shared information about Arzooo closing another round of funding and Iraaf raising 8.7 million in Series B.
The valuation of Iraaf and the dilution percentage in Series B round were discussed.
No conclusions or preferences were shared regarding fundraising activities of companies.

This summary is AI-generated onNas.iofor 16 messages by 9 members (20 Dec).

19th Dec 2023

Discussion on LLP Model and Fractional Ownership in Real Estate

The chat conversation among the members focused on the LLP model and fractional ownership in real estate. They discussed the safety of the LLP model, the preference for private limited companies in fractional ownership, the operational challenges of LLP, and the comparison between LLP and private limited companies. They also mentioned specific platforms for fractional ownership and asked for recommendations.

Safety of LLP Model

The LLP model is generally considered safe with proper agreements in place.
It can be seen as an unregulated CIS (Collective Investment Scheme) by SEBI.
SEBI may potentially ban this model in the future.

Preference for Private Limited Companies in Fractional Ownership

Experts suggest private limited companies are better suited for fractional ownership of real estate.
LLP can be preferred for asset leasing with fixed terms.
Private limited companies can use a combination of equity and OCDs for ownership and coupon payments.
Secondary transfers or exits are faster through Demat for private limited companies.
LLP requires filing of supplementary agreements with MCA for each investor exit, making it operationally cumbersome.

Comparison Between LLP and Private Limited Companies

Members shared their views on section 30 of LLP.
An article comparing LLP and private limited companies was mentioned.
Setting off is not possible as per income tax guidelines, except for crypto investments.
LLP has operational challenges with filing agreements for exits, while private limited companies have faster processing of exits through Demat.
CA contacts mentioned that setting off is not possible.

Fractional Ownership Platforms

Property Verse was introduced as a one-stop-shop for real estate investment opportunities.
Members mentioned various fractional ownership and neo-realty platforms such as hbits, propertyshare, assetmonk, wisex, and alyf.
Members asked for recommendations on similar platforms like Novel Office.
A platform for buying/leasing 1200 sqft farm land with weekly vegetable delivery was mentioned but not yet identified.

This summary is AI-generated onNas.iofor 30 messages by 9 members (19 Dec).

18th Dec 2023

ALT Investment Opportunities and Communication Preferences

In this conversation, members discussed ALT investments available for HUF, shared their experiences with onboarding processes, and expressed interest in making the space more transparent and accessible. They also suggested creating a communication group for company representatives to update about ongoing deals. Another suggestion was to have smaller groups for different investment segments. The conversation also touched on the topic of aggregator platforms and due diligence. Lastly, members discussed the appreciation of REITs in the current market.

ALT Investments available for HUF

Members affirmed that most ALT investments are available for HUF, although some platforms may have offline processes for onboarding.
Specific platforms, like SDIs on Grip Invest, were mentioned as having automated onboarding processes for HUF.

Creating a Communication Group for Ongoing Deals

Members suggested the idea of having a group where company representatives can update about their ongoing deals.
This one-way communication group would centralize deal sourcing and potentially lead to more active discussions.
The need for a common group and the possibility of stopping individual WhatsApp reach outs were brought up as considerations.

Smaller Groups for Different Investment Segments

The idea of having smaller groups focusing on specific investment segments, such as alts in real estate, invoice discounting, and P2P, was discussed.
This would streamline deal flow between investors and company representatives.

Aggregator Platforms and Due Diligence

The concept of aggregator platforms, which act as marketing platforms for other platforms, was mentioned.
The role of aggregators in curating opportunities and the need to understand their due diligence process were highlighted.

Appreciation of REITs in the Current Market

One member raised a question about the lack of appreciation in REITs despite the bullish market.
They wondered why REITs were still at IPO prices or even below, considering the spike in the real estate space.

This summary is AI-generated onNas.iofor 36 messages by 12 members (18 Dec).

16th Dec 2023

Diversifying investment into alternative platforms

The ALT Investors discussed various alternative investment platforms and strategies.

Collateral backed models in Invoice finance

The members asked for information on collateral-backed models of invoice finance in case of failure.
No specific conclusion or preference was shared.
No links or examples were provided.

Reviewing Falcon Invoice

One member asked about the opinion on using Falcon Invoice for invoice trades.
Another member mentioned they haven't reviewed Falcon yet, but they will soon.
No conclusion or preference was shared.

Alternative platforms for diversification

A member inquired about other alternative platforms to diversify their investments.
They mentioned already being an investor in Better Invest for the past year.
No specific conclusion or preference was shared.

This summary is AI-generated onNas.iofor 5 messages by 4 members (16 Dec).

15th Dec 2023

Discussion on Shady Investment Platforms and LLP Verification

The ALT Investors group members discussed the prevalence of scam messages from international numbers and the increasing availability of personal data on the darknet for sale. They also discussed the Altgraaf Power2SME investment deal and the need for detailed opinions on various investment platforms. Additionally, the members expressed concerns about Falcon, a platform that lacked transparency in sharing invoices and had promoters involved in crypto trading. There was also a discussion on the potential impact of bad deals on the platform. Lastly, a member had a query about verifying LLP partnerships.

Shady Investment Platforms

Falcon platform raised concerns due to lack of transparency in sharing invoices and involvement in crypto trading.
Members expressed doubts about the reliability of various platforms and the need for detailed opinions before investing.
Discussion focused on the potential impact of bad deals on the platform and the reputation of the ID space.

LLP Verification

A member inquired about verifying their partnership in an LLP.
It was suggested that verifying LLP partnership details through the Ministry of Corporate Affairs (MCA) may not be possible as it depends on the company's designated director/partner and their CA.
The availability of partner details with a DIN (Director Identification Number) was mentioned as a potential way to verify LLP partnership.

This summary is AI-generated onNas.iofor 12 messages by 8 members (15 Dec).

ALT Investor community is a members-led community where discussions happen freely in a professional manner. None of the discussions are intended to malign the image of any platform or any individual.If you want to stay updated on the latest blogs, please subscribe to our newsletter so you get notified automatically.

Lastly, if you like our work, please feel free to sponsor us via Hashnode Sponsors.

AI Summaries for Whatsapp Community Chats

Table of contents