Our Founder and MD in an Interview with NDTV Profit
- Team InGovern
- Jul 23
- 1 min read
A recent investigation by NDTV Profit has exposed how unregulated Dabba trading platforms are duping thousands of investors across India.
In a sharp and insightful segment, our founder and MD, Mr. Shriram Subramanian, explained how these illegal trades exploit investor trust and why they're so dangerous. He said that “It’s usually a friend or a relative who claims they’ve made quick profits. But these are just paper profits, not actual gains. Scammers show fake returns. But when you try to withdraw funds, the app disappears, and the money is gone. In regulated exchanges, counterparty risk is managed. In Dabba trading, there is no assurance that the trades are real or that you’ll get your money back. It’s not just about greed. It’s also familiarity bias. You follow someone you trust and unknowingly walk into a trap.
Watch the full video here: https://www.youtube.com/watch?v=1WkWyQhZCp8
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