Smriti Tomar
@smriti_tomar
Followers
11,971
Following
290
Media
461
Statuses
3,123
I talk about startups (who doesn’t), personal finance & marketing. Building @StackWealthHQ to deliver smart & simple investing.
Bengaluru, India
Joined September 2016
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
D-Day
• 717343 Tweets
Game 1
• 494138 Tweets
Bannon
• 384996 Tweets
Pakistan
• 311889 Tweets
Celtics
• 153604 Tweets
$GME
• 128678 Tweets
sabrina
• 92423 Tweets
DAVI NO SAO JOAO DA THAY
• 75730 Tweets
#NBAFinals
• 53947 Tweets
barry
• 40657 Tweets
ME CAIU TAO BEM MH E GM
• 39062 Tweets
Tatum
• 37313 Tweets
Dr Pepper
• 36256 Tweets
Tems
• 30707 Tweets
Porzingis
• 30361 Tweets
Pepsi
• 26577 Tweets
#SVGala14
• 24432 Tweets
Gromit
• 19641 Tweets
Kyrie Irving
• 16617 Tweets
荒木先生
• 16381 Tweets
Holi is the true litmus test of how introvert you are.
115
641
9K
My friend got fooled while taking a home loan of ₹45 lac.
After a lot of research, my friend took home loan from a top bank. He was sanctioned a loan of ₹45 lac. And with the loan, comes the infamous 'paperwork' - he had to sign 100s of documents stated as formalities.
638
1K
7K
Getting a haircut seems luxury now that I know men’s haircut is done in just ₹200 😐
2K
146
6K
Men and women live in different “money-zones”
Rs 400 haircut for my (male) friend is “expensive” 😒
588
142
5K
I’m in Seoul, and honestly, I miss India’s startup culture. Nothing can beat that! 🇮🇳🙌
106
84
4K
Break up rates among live in couples in BLR are the lowest.
Because neither can afford to pay the entire rent after separation.
152
186
4K
Only in Bangalore you’ll see autowala wearing “eat sleep code repeat” t-shirt 🦄
59
83
3K
Boring startups make the most money.
“Revolutionary ideas” make for media hype.
91
190
2K
Although it is essential to buy an insurance cover while taking a loan, you are under no obligation to do so, not from any bank nor any NBFC. Purchasing an insurance plan is the sole discretion of the buyer and borrowers cannot be forced to purchase such plans.
118
172
2K
You’re an introvert, and you’re in a party. What would you do? 😣
730
54
2K
Startup teaches you to make better PPTs than any MBA school.
60
74
2K
India vs South Korea. What makes their startup culture different or similar?
(a 🧵 lots of people asked for)
I was in South Korea for a month for work, and here's what I observed-
46
144
2K
Bank gets a hefty commission from insurance agencies, and the cost of insurance is often much higher than the prevailing market rates.
A normal term plan with ₹50 lac cover with 25 yrs tenure will cost nearly ₹1 lac, while this costed him ₹4.25 lac.
23
118
2K
Bank officials had sold him a home loan insurance without his notice and issued him loan of extra ₹4.25 lac along with the Insurance company.
While this information might have been buried under the loads of documents, he was never told about this by the officials explicitly
18
113
1K
Interviewed an intern yesterday, when I asked what’s your biggest strength, he said- delegation 🤦🏻♀️
I should probably look for another intern for an intern now!
62
38
1K
A friend of mine was denied a home loan of Rs 25 lakhs because his credit data was mixed up with someone else, who was a defaulter. He kept blaming the bank, while the CIBIL was at fault.
*check your credit report in detail every 3 months*
here's what you should know:
43
159
1K
However, when the first disbursement was made, he came to know that the total sanctioned amount is ₹49.25 lac, and not ₹45 lac.
When he inquired, he was told that the balance ₹4.25 lac is the amount of insurance that the bank has paid to the Max New York company
31
110
1K
The step you're afraid to take, might be the step you need the most.
30
134
1K
Why is Rishi Sunak being criticised for being the richest UK PM.
Isn’t it better to be wealthy before getting to the throne, than becoming wealthy later on, at the expense of it?
45
49
1K
They should give Welding glasses instead of 3D glasses to watch Brahmastra 😵💫
46
49
1K
Fintech ka ‘kalyug’:
Startups are chasing profits
Banks are chasing innovation
And customers are chasing discounts
48
82
987
Chief Pyschology Officer would soon be a mainstream profile in startups.
User behaviour understanding is getting critical day by day.
66
60
978
Female founder issues:
Parents show you profiles for a potential partner.
Your mind tells you to hire them!
48
25
970
Not all startups begin at garage. In India they begin from halls 😛
40
36
816
Indian offices don’t run on good coffee machines on the floor, they run on chai sutta tapri near by.
33
42
823
The urge to startup in school after watching funding news 🤐
24
42
777
I would NEVER join an early stage startup, even for a higher pay.
this is what I used tell my friends back in my corporate days about 4 years back. Little did I know, life had a curveball in store for me.
25
22
796
It’s feels illegal to know these tricks to save taxes while investing.
With the introduction of the new tax regime, it has become important to explore new ways of tax optimisation instead of just relying on tax saving investments.
Here are some strategies:
9
56
611
Every standup show in Bangalore has to start with the airport joke.
23
8
565
The first 2 pictures tell a story of every entrepreneur's journey.
From the cozy chaos of a living room startup, to the dynamic energy of the new office, we really have come a long way. 🚀
26
14
566
No, Hyderabad isn’t competing with Bengaluru. Rajasthan is.
30
12
542
I’m 25 years old and my dad still thinks whenever I fall sick it’s because “ice cream khaayi hogi!”🤦🏻♀️
38
5
518
Interviewed a salesman, at the end he said irrespective of the decision, is it okay if I brief you about my current organisation’s services?
Verdict: hired!
9
12
493
Gentle reminder: life is better when you’re laughing. Do it more often :)
22
11
481
Call me old school, but working with a small team, checking of small goals each day, and talking to customers is how I like my days to be.
27
12
482
Your brain doesn't want luxury cars and villas. It wants dopamine.
27
28
384
One common regret shared by a lot of successful folks is -
not prioritising fitness earlier in life.
If you’re a founder, this has to be your personal KPI.
It has immense impact on mental health too - I’ve seen improvement in focus, memory, reduction in stress and anxiety.
13
5
255
2000: Foreigners visiting India would post pictures with street cows
2023: they post pictures with street vendors and their UPI QR code.
Cows are losing the stardom to UPI.
10
8
256
Arrange marriages are scary, what if he ‘invests’ in FDs 🙃
39
8
226
💇♀️ cost me > ₹1k
(brb, learning chopping skills now)
Getting a haircut seems luxury now that I know men’s haircut is done in just ₹200 😐
2K
146
6K
20
1
213
Reminder to all the founders: you didn’t earn the CXO title, you just gave it to yourself.
Carry it with humility.
10
6
203
3
21
190
That’s how you run of out patience and phone battery in Bengaluru.
21
4
185
7. South Korea has 18 unicorns, total valuation ~ $30 Billion
India has 108 unicorns, total valuation ~ $340 Billion
P.S - Both the countries have their own set of opportunities & challenges. These are just insights from my experience, I do not intent to generalize anything.
8
11
179
“I have never seen in this practice in any of my prev companies” said one of my salespersons.
We have a unique tradition in our sales team, it might seem a bit old fashioned but has proven its worth time and again 👇
9
5
180
2. Bengaluru vs Pangyo Techno Valley
Both are startup hubs. Bengaluru wasn’t planned to be one, incumbent IT giants laid the foundation for it. But, Pangyo was built to be an equivalent of Silicon Valley, opened in 2011.
And hence it does not face flooding or traffic issues.
2
3
176
If you don’t have a folder called “ideas” in your laptop, I pray for you!
36
8
173
70% of earth is mentors and angel investors.
Other 30% are stock market advisors.
17
3
173
Which brand has a bad product but amazing marketing?
I’ll go first- WhiteHat Jr.
59
6
147
One man’s “all time high” is another man’s “correction due hai”.
5
9
150
🇺🇸: it’s a brilliant startup idea, so unique!
🇮🇳: are there similar successful companies in the US?
15
11
149
For the longest time my parents didn't believe that I was running a legitimate
#business
.
Why?
Because they'd only seen and heard of brick and mortar businesses. Startup was an alien term for them.
(1/3) 🧵
#startup
#entrepreneur
12
5
146
Looking for new friends 🤗
Anyone like minded, who has tel ka kua or neembu ka ped?
41
3
147
3. Relentless work ethic:
While in India, startup work culture is lot more flexible. In Korea, people have a rigor to work hard, and on some level they are expected to do so.
For eg - my Korean colleague would almost always reach office before time and ask for work proactively.
3
6
141
Interesting. Would you want to invest in a Fintech index in the stock market?
14
8
137
7 things to invest in, while in your 20s that will give you compounding returns:
-Explore things you're good at (monitisable)
-Start investing
-Learn the art of selling & negotiating
-Acquire 1 new skill per month
-Don't neglect exercising/workouts
-Eat healthy, read books
9
10
137
Getting chased by credit card debt collectors even when you have never defaulted on the repayment, getting bank loan turned down, unfair high-interest loans - these are some disastrous implications of a credit report inaccuracy.
1
13
137
This has been my biggest regret as co-founder of
@StackWealthHQ
Let me take you back a bit.
Growing up, I watched my dad work tirelessly to build a secure future for our family. Like many in a tier 2 town, he trusted his friends, LIC and local MF distributors to invest.
3
1
138
5. Hierarchy is serious-
While in India we follow a flat hierarchy. In SK, it's the opposite.
eg: I could see interns head over heels doing anything & everything required. While here I’ve had interns who (if they could) would hire their own intern to delegate their work further!
4
4
132
5. Good compensation:
Heard of unpaid internship? Well, that’s an alien concept in South Korea. Employees are guaranteed a minimum wage of nearly ~₹1 lakh/month.
3
2
128
6. SK focuses on 'technology driven innovations' since their markets are already saturated (eg: biotech and AI startups are booming).
Indian markets are still under penetrated and hence it focuses on 'process driven innovations' (e.g: UPI which supercharged digital payment scale)
4
5
128
One place where even men hesitate to give their mobile number is Policybazaar website.
27
4
131
2. Fill the CIBIL Dispute form online
Go to and fill out the form. You will need to provide a 9-digit control number from your credit report that contains the disputed information.
4
28
131
1. Female population in India is ~ 48.04%, in South Korea - 49.95% However, there are 13.76% female founders in India, and only 6% in SK.
3
5
127
Don’t rely on college placements
Don’t rely on promotion/appraisal
Don’t rely on an investor
Don’t rely on the motivation
Make it happen for yourself! ✨
10
6
124
What’s the coolest thing about Bangalore?
(except weather and startups)
83
2
124
If there’s one product that defies all marketing rules and principles, it is “Boroline”
Creative brand messaging - no
Unique package design - no
Branding campaigns, heavy ads - no
Sales & discounts - no
Influencer collaborations - no
Competitive positioning - no
12
11
128
Being a founder means telling yourself 90% of the time that it’s not going to be so hard tomorrow.
10
5
126
Dear Gen Z,
Stop sending Twitter account links in internship applications instead of your resume.
Twitter followers can’t mask or speak for your skill set.
21
4
123
Do you face difficulty in focusing and being productive when you're traveling?
As a founder, you often have to live out of a suitcase, but I'm proud to say my productivity has remained.
Sharing a few tips that have worked well for me-
11
1
122
While everyone is reminiscing about their “firsts” of 2022, I thought I’ll share my “lasts” of 2022 instead, and the lessons learned henceforth…
3
0
119
Indians love searching “buy stocks”, and yet only 3% end up investing in stocks.
15
4
117
And hence, checking the credit score isn’t enough. You need to check credit report in detail too, ideally every 3 months. The information on your repayment behavior is sent to CIBIL every 3 months.
You can now easily raise a dispute with CIBIL for report correction-
1
9
120
It’s hard to find true love, and people who don’t give compounding gyaan.
13
7
118