Akshay Sarma (@Akshay2910) header
Akshay Sarma (@Akshay2910) profile picture

Seed Investor, Cambridge MBA, ex-DB & CFO @add_axio

Bengaluru, India
Joined January 2010
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As much as I respect @ShashiTharoor, completely disagree with the fact that the Modi government shouldn't have done this. Question how it was done, not why.
My overall analysis of Jashmir in the context of ⁦@narendramodi⁩’s New-Model India, which is transforming the country into something unrecognisable from the land of communal harmony & acceptance of differences that we had taken for granted project-syndicate.org/commen…
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Excited for what lies ahead! Congratulations @keepingittlo 🚀🚀🚀
While corporate travel has been centralized for decades, corporate entertainment is still comparatively scattered. On Lightwork, Lohit Sarma shared how he approached that problem at @weareande: start with supply. He spent the last two and a half years building the network from that side first, including going door to door with hospitality groups before scaling the enterprise side. Corporate entertainment still runs on relationships. AI can handle things like availability, pricing, and multi-player workflows, but Lohit draws the line at negotiation. As he puts it, “one bad event is one lost relationship that they can’t recover from.” Tune into the full episode below! Chapters: 0:00 Ande Comes Out Of Stealth 2:17 Why Corporate Entertainment Has Stayed Fragmented 4:51 Lohit Sarma's Background (Lifion by ADP) 9:51 What CFOs Revealed About Fraud And Offshore Teams 10:47 Building The Supply Side First 16:44 Ande's Enterprise Customers And Rollout Strategy 18:40 How AI Is Built Into Ande's Ethos 22:58 The Future Of Ande 26:11 Hiring A Team To Build A Category 29:38 What Can Break At Ten Times The Size 31:50 Celebrating The Launch And Where To Find Ande @keepingittlo @clairejyz @machiz
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Akshay Sarma retweeted
Why am I an admirer of Prime Minister @narendramodi ? As an Indian Kashmiri Muslim, I had sadly made peace with the fact that violent stone pelting clashes by youngsters of Kashmir with security forces would be a reality that would never end in my lifetime. Every year, during my visits to Kashmir from 2010 to 2019, I would hear, read and passionately debate about the senseless deaths due to this phenomenon that was normalized in the Kashmiri society pysche. Politicians would do their politics over the dead bodies of the children of lesser Allah, Separatists would use them as weapons to shame the Indian state and Pakistan would be thrilled to show the World how India was oppressing the Muslims of Kashmir, denying them their rights to this macabre dance of death and celebration of martydom. The overall society would act as rank hypocrites,as their own children stay nestled in lives of luxury both within Kashmir and in rest of India, while they in their moment of euphoria backed the children of their helpers, their drivers to pelt stones at fellow Kashmiris in uniform, so that 'Azaadi'(of Pakistan) could be sustained. I would get into heated arguments every now and then in the extended family gatherings, with strangers on the internet and hopelessly try to make them see their hypocrisy. Beyond a point, they had no answers to my questions, when I would ask them why their children were not on the streets, engaging in pitched battles with security forces. So gradually most people who knew me in Kashmir decided not to bring up this topic with me and instead chose to address me as Indian agent. This period of 2010 to 2019 also exhausted me, since the arguments beyond a point felt pointless. So in the later half of this decade, I just made grudingly peace with the fact that the society is not going to change, since everyone was now viewing this as normal, and it was now an industry for the players involved in this conflict. Then came the events of 2019, August 5, which now the entire world knows(especially Pakistan). Since then, till today, on his 76th Birthday, for 7+ years, there has not been a single day when the mother of a child of a lesser Allah has lost the noor of her eyes. Stone pelting has been eradicated. Compare that to 13,000 instances of stone pelting between 2010 to 2019, which by the way, had on some days even become a part time sport. So Kashmir lost the lives of 300 plus youngsters, under the age of 25 in stone pelting clashes between 2010 to 2019 and post Modi's August 5 decisions, not 1 has died and the industry of death and gloom has been shut down permanently. The man who is accused by his opponents for being anti Muslim has saved 250 Indian Kashmiri Muslim children's lives till date, a fact which cannot be denied. Because if 300+ died from 2010 to 2019, 300 in 9 years and had Modi not changed Kashmir's state apparatus forever on August 5,2019, we would have lost another 250 in 7 years from 2019 to 2026, if we go as per the average of those 9 years. If someone is accused of being anti-Muslim and his actions ensure that till date in 7 years, 250 Muslim children have been saved from death, then one needs to ask oneself is their hate for him more than the love for their children? Happy 76th Birthday 🎂
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Here we go….. How Houthis used Claude AI for weapons development, carried out missile test app.indiatoday.link/d/UxEXXs…
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As expected, with the fiscal headwinds fading and monetary headwinds (falling credit growth till 1HFY26) becoming tailwinds (credit growth accelerating), GDP growth is surprising on the upside, and should help push up consensus trend-growth estimates to 7%-plus. That is, with a neutral fiscal and monetary policy, the economy should still register 7.5% growth. In this light, I was shocked to see the ill-educated and egregiously wrong claims made by some that if the 'original' base of June-2025 quarter was used, growth in the June-2026 quarter would be much lower. The new series introduced in Feb-2026 cleaned up the data and also significantly improved the methodology. For those who track this for a living (and I used to be one such till 45 days ago) - the downward revision in the base was known in March (see our note published on 1-Mar): research.axiscapital.co.in/R… As our note acknowledged, the new series increased credibility of estimates of real output. That claim is so obviously wrong that several logical rebuttals have already been made. But bad information tends to travel further than good information, and so it is important to reiterate and reinforce the argument. That such claims got traction is itself surprising, given that easy-to-track and not-possible-to-fudge indicators of economic activity have been so robust. While June-quarter data was strong, that momentum has picked up: - personal vehicle (cars, SUVs) dispatches grew 35% YoY in August despite just 9% growth in exports. Even two-wheeler growth is now >20% (though helped by strong exports). - And if that was consumption, commercial vehicle dispatches grew >40%. - tax collection growth has picked up meaningfully. This is as real as it gets. - Credit growth continues to surprise on the upside (albeit on a low base). Last year most believed the then-weak credit growth was a demand problem, whereas we steadfastly stated it was a supply issue - it has for now been addressed. - indicators of construction are robust. Hopefully, now there will be fewer people asking "why private sector investment is weak," given that there is clear evidence of investments. That said, there is still slack in the economy, as seen in weak real-wage growth. It may take several quarters of above-trend growth for that slack to tighten, and bring back sticky inflation pressures.
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Beyond the overall GDP growth: -Manufacturing: 9.2% -Services: 10.0% -High-value services: 12.1% -Investment: 11.9% This means that India can pursue manufacturing without sacrificing its services comparative advantage. We are firmly “walking on two legs”. 🇮🇳
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The chip journey, simplified.
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Akshay Sarma retweeted
STOP paying thousands for online courses and certificates. the government of india offers FREE education, video lectures, and certificates from premier institutes like IITs and IIMs. Here are 6 goldmines every student must bookmark today 👇
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Would encourage all #India baiters, haters, lovers to watch. Particularly the youth. Blank out the name you don't like but take everything as a country as Indians and believe that inspite of age old institutional corruption, slumbering bureaucracy, political divisiveness and a civic sense that leaves much to be desired...India has an opportunity to keep on bumbling and yet moving ahead. Present and future is ours. Believe and work for it just a little. @speaknsee has really articulated it so well. India has won the battle but doesn't know it yet. It was same as in #OperationSindoor. We won decisive but chose to believe a fractious politics, lying Pakistani narratives and Trump who even claims that he is God. On this 15th August let us believe in ourselves, our civilizational history and strength in innovation and imagination to persevere in trying times of the world. @ARanganathan72 @AnchorAnandN @gauravcsawant @AadiAchint @ajaykraina
We sometimes don't even know we've won some battles until they're over. India has won the battle, and they don't even know it. @realDonaldTrump @DrSJaishankar @narendramodi @SecRubio
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Single biggest thing holding this country back is bureaucracy. No matter how much we talk about ease of business till we cut the red tape we’ll always be lagging behind and make in India will remain a slogan.
I was gonna be quiet but seeing this I felt like I shouldn’t. I run a bootstrapped startup and we imported two Nvidia Jetsons. It’s been held up at customs for two weeks now. Reason? They want us to give them three certificates: EPR, WPC, and BIS. The thing is, it doesn’t apply to us, none of them do. We’re importing them for prototyping and R&D. EPR is an environment certificate for waste, it’s for producers and sellers. It’s exempt for internal use. WPC similarly needs only a self declaration for devices operating in unlicensed bands if they’re for internal use. For BIS, the Nvidia Jetsons are already registered on bureau of indian standards. We’ve filed a dozen responses, we got rejected with no explanation. Just a one liner: customs has rejected your letter, please furnish EPR, WPC, BIS. Or meet the officer directly. Now i need to go meet the customs officer at the port of entry, which I would’ve if I wasn’t traveling all the time. Building in India is an absolute pain in the ass.
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The food delivery war is going to get harder for the listed players. Same item across 3 platforms.
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💯💯💯
India’s high import dependency for a multitude of manufactured goods can all be traced back to broken factor markets across land, labour, capital. At a high level, it is that simple. The capacities all exist in siloes. But there is strangulation and frustration of entrepreneurial effort, so combining the capacities to make anything is made needlessly difficult due to extant policy. You can’t get around this central issue with programs, initiatives, or industrial policies - which are all different types of central planning. All have been tried under different labels, practically all have failed.
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What a ridiculous thing to say. The father in you should hope he masters the art of playing body line and becomes the next best batsman in the world. How will shielding him help him achieve greatness?
Body line bowling to stop 15 years old Vaibhav Suryavanshi doesn’t fit well with me. I know he is playing against the big boys but the father in me doesn’t agree with that.
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One of the oldest asks in every opinion piece I’ve contributed to pre budget. The asymmetry is truly stunning when it comes to employees
Two valuable suggestions here @VijayKedia1. Will take the liberty to make one more @FinMinIndia and respected @nsitharamanoffc. This is around the taxation of ESOPs. One of the biggest problems with ESOP taxation in India is that employees are often taxed before they actually make money, or in other words we treat paper wealth as real liquidity. Today, ESOPs are taxed twice: First, at exercise, where the difference between exercise price and fair market value is treated as salary income and taxed as a perquisite. Then again, at sale, where any further gain is taxed as capital gains. The bigger issue is not even double taxation in principle. The bigger issue is timing and liquidity. In listed companies, at least there is a market price and an ability to sell. But in unlisted companies, employees are often asked to pay tax on a notional value determined by a valuation exercise without liquidity, without certainty of eventual value, and sometimes without any exit timeline at all. Imagine paying lakhs in tax for shares you cannot sell. Or worse, paying tax on a valuation that may never fully materialise. This creates a strange asymmetry: - founders and investors are rewarded for long-term risk capital, - but employees are sometimes taxed upfront on unrealised outcomes. And this matters. Because ESOPs are not just compensation anymore. They are increasingly the bridge through which employees participate in wealth creation. If India genuinely wants to build an ownership economy, deepen startup talent, and create long-term alignment between companies and employees, the tax framework has to evolve with that ambition. A more sensible system would tax employees when liquidity is created not merely when options are exercised.
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Bhai, spend a couple of days with Abhishek and don’t forget the stick!
Not many opportunities this #WorldCup, but when it mattered, Sanju stood tall and played the innings of his life 👏🏻 That’s the mindset of a champion! Stay ready, stay patient and never stop believing! Proud of you @IamSanjuSamson! The spirit of never giving up always wins! #ICCT20WorldCup2026 #INDvsWI
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How many years of cool aid does one have to drink to be this delusional? Surely there are better ways to demand accountability.
Indira Gandhi imposed #Emergency1975 because @RSSorg was pushing India towards total anarchy. YES, the Emergency was a BLOT, BUT the same #IndiraGandhi called elections, resigned and took questions in public. Why doesn’t @narendramodi hold a press conference like this 👇🏽first instead of busily trying to copy from the #Emergency. #Emergency50Years
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Time for the world to stop being delusional.
“Pakistan is winning the narrative war.”
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The nonsense that goes on in this world……
The TRUTH Shaterring Pakistanis excitement and celebration of downing Indian jets by PAF- Brutual expose by a Pakistani 😃
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Never gets old
मेरी बात याद रखना 🇮🇳 #Ceasefire
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Tells you how disconnected folks in this country are. Here’s the view from a Muslim Leader in the country. teapaw.org/ani/status/19211447217…
This war is going to drain India economically. We import most of our weapons. There was no point bringing pride into it. Revenge could have been planned and delivered quietly and tactically. I hope good sense prevails even now. India has a lot more to lose. #endthewar
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Had the chance to sit down and have a chat with @shrishtie on all things Fintech. My journey, learning and personal views on how the sector is evolving. Listen in if this is an area of interest. spotifyanchor-web.app.link/e…
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