The CapTable

🚨🆕 With the RBI stepping up its regulatory oversight of the country’s fintech sector in recent years, Indian fintechs are embracing caution and sustainability over rapid growth and chasing valuations. Know more in today's #Crux for free now, via the link in the comments.

🚨🚨With slow revenue growth, decreasing investor interest, and changing user behaviour, India’s microsaving platforms must go beyond their original models to stay relevant. Read Ayanti Bera's full story now, via the link in the comments.

🚨 As alternative investments rise, Indian banks must rethink their strategies to stay competitive. With the market rapidly evolving, their survival will depend on their willingness and ability to innovate. Read the full article by Srinath Sridharan via the link in the comments.

As Amazon explores a standalone app for Amazon Pay, Flipkart launches SuperMoney, and Zomato readies its going-out app District, India's tech giants seem to be distancing themselves from the super app approach. What’s driving this trend? Pranav Balakrishnan finds out. Read for free now, via the link in the comments.

🆕🚨 Two years ago, InVideo was ready to offer money back to investors as its growth completely plateaued. But then, it went back to the drawing board, cut company flab, and staged a comeback for the ages. The result: 30 million users, ~$40 million in revenue, and another $30 million in the bank. Read Sohini Mitter's full story now, via the link in the comments.

Karthik Reddy, who set up Blume almost 15 years back with Sanjay Nath, is one of India’s earliest and most active venture capitalists. Through Blume, Reddy has backed over 300 companies to date. In a free-flowing conversation, Reddy touches on many topics, including assessing his funds’ performance. Read the full interview now, via the link in the comments.

🔋🚨 Battery swapping stations are increasingly common across India’s large metros. The rest of the country, though, is conspicuously underserved when it comes to formal charging infrastructure. Now, a network of informal players has emerged to service the needs of EV users in geographies untouched by formal charging networks. Read Aparajita Saxena's full story via the link in the comments.

🚨🆕 At its annual event, Ola announced the rebranding of Ola Cabs to Ola Consumer and unveiled a dark-store-in-a-box offering meant to shake up the quick commerce space. Ola’s track record of jumping headlong into “hot” sectors, though, is cause for scepticism. Read Pranav Balakrishnan's full take for free now in today's hashtag #Crux, via the link in the comments.

🆕🚨 Having previously built Hotstar and Instagram into India’s pre-eminent OTT platform and short video leader, respectively, Snap may be Ajit Mohan’s most daunting assignment yet. Mohan chats candidly about the path forward for Snap in India and the wider Asia-Pacific region. Check it out now! Link in the comments.

🆕🚨 With the launch of Minutes, Flipkart is now the fifth player in the already-crowded and hotly-contested quick commerce space. After failing to acquire an existing player to enter the quick commerce segment, Flipkart has now made Minutes its top priority as it attempts to catch up to its rivals. More in the comments.