Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Nimish Maheshwari, an independent analyst and co-founder of Beat The Street, is an investing platform garnering more than 1,00,000+ followers across social media. 
His deep insights and forensic analysis have been featured in some of India's most prominent publications, including the Economic Times, The Morning Context, The Ken,  Dalal Street Investment Journal, Moneylife by Sucheta Dalal, and TheCore.in.
He has a keen eye for identifying red flags in Indian listed companies and has identified exclusive red flags earlier in Adani, Vedanta, Nykaa, Gland Pharma, Brightcom Group etc.

Market & Forensics Analyst

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Thematic (Sector/Industry)

India Financials / Thematic (Sector/Industry)

<ul>
<li>The RBI did not extend the PIDF subsidy scheme beyond 2025, potentially causing a INR 200 crore annualized revenue loss for leading fintech giant <a href="https://www.smartkarma.com/entities/one-97-communications-limited-paytm" target="_blank" data-smartkarma-citation="entities:26149:1" rel="noopener">Paytm (PAYTM IN)</a> .</li>
<li>This withdrawal of state support acts as a competitive moat, reinforcing the existing duopoly by pricing out new players from challenging established incumbents.</li>
<li>
Companies are nowexpected to hike merchant device rentals by INR 10 monthly to offset the subsidy cliff and sustain their long-term growth.</li>
</ul>


The RBI did not extend the PIDF subsidy scheme beyond 2025, potentially causing a INR 200 crore annualized revenue loss for leading fintech giant Paytm (PAYTM IN) .
This withdrawal of state support acts as a competitive moat, reinforcing the existing duopoly by pricing out new players from challenging established incumbents.

Companies are nowexpected to hike merchant device rentals by INR 10 monthly to offset the subsidy cliff and sustain their long-term growth.


India Fintech: Who Survives the PIDF Subsidy Cliff?