Billionbrains Garage Ventures Limited CC-Jul26.pdf · 2026-07-15
Hi, thank you for the opportunity. Good afternoon, everyone. This is Swarnabh from 360 One Capital. Two -three questions from my side. First of all, on the MTF side, I wanted to understand we had a very strong run in 1Q, but as we move into 2Q the first 15 days or that trend looks fairly flattish, and possibly you are not very divergent from what it was in the industry. So, I just wanted to understand what has changed or what you difference you were seeing from say the end of the quarter to till now. And also, for the particular quarter I wanted to understand that, in terms of the active users for MTF also there has not been much change, although the assets have gone up quite sizeably. So how to read into this? And that's the first one. The second is again on the so you in the shareholder's letter you have mentioned about the NSE actives and the focus in terms of building that. So, when I look at for example in terms of the MAUs and DAUs, those numbers look fairly stagnant. In fact, DAUs have come off slightly from what it was in 4Q. So how should we read into this? So, these are the two questions on operating trends and then I have couple of smaller questions maybe I'll take it up after that.
No, from the MTF book.