The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

clear all ✕

why aren't all 11 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Assertion Supported
Singh: Women are legally barred from bartending in certain Indian states
“Today, to certain states in India, women are not legally allowed to serve also, like even waitressing wise, or be actually making drinks.”
Minakshi Singh Jul 3, 2024 ▶ 6:04 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Insight
Singh: Liquor brands pay bars 'tie-up money' for cocktail menu priority
“If I'm getting a majority of, say, a tie-up money, it's called a tie-up money, which basically means if I'm working with a Diageo, or a Pernod, or a Bacardi, or even a Radico, I will be then prioritizing their brand over other brands to actually make cocktails…”
Minakshi Singh Jul 3, 2024 ▶ 1:58:12 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Prediction Not checkable as stated
Singh: India will remain a whiskey market for a long time
“So we're still a whiskey market. Like we will be a whiskey market for a really long time, so.”
Minakshi Singh Jul 3, 2024 ▶ 40:09 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Insight
Singh: Shelf placement and pouring rights are completely different bar dynamics
“Pouring and putting it on shelf are two different things.”
Minakshi Singh Jul 3, 2024 ▶ 1:58:58 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Assertion Partly supported
Singh: Women drinking more is driving Indian liquor market growth
“Women are definitely drinking more. There is no doubt about that. Like that is a big plus for us, for the growth also. So because the fact that there are many, many women joining into the drinking occasions, multiple times.”
Minakshi Singh Jul 3, 2024 ▶ 2:00:58 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Assertion Not checkable as stated
Singh: Influencers acquire consumers far more cheaply than actors for alcohol brands
“So now good thing is, it's a far cheaper way to acquire consumers than actors.”
Minakshi Singh Jul 3, 2024 ▶ 2:32:20 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Assertion Supported
Singh: Delhi bars must buy premium Indian spirits in 12-bottle cases
“I can't buy a single bottle. I can't buy a single bottle of Rampur. If I buy, I have to buy 12. Which basically means, look at my inventory.”
Minakshi Singh Jul 3, 2024 ▶ 3:02:20 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Assertion Supported
Singh: Delhi Excise and CSD mandate the lowest national price to register
“Delhi has always wanted the lowest. CSD wants the lowest EDP. So they ask for it. They say, are we the cheapest in India? Only then you can register.”
Minakshi Singh Jul 3, 2024 ▶ 3:04:49 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Assertion Supported
Singh: Opening a bar in India requires roughly 30 different licenses
“Like, you're f***ing 30 license. Sorry. 30 licences. It's a lot of licences.”
Minakshi Singh Jul 3, 2024 ▶ 3:09:43 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Disclosure
Minakshi Singh: Sidecar generates 85% of beverage sales from cocktails
“I'm sitting in a very good, 85% cocktails and the rest.”
Minakshi Singh Jul 3, 2024 ▶ 14:26 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
Opinion
Singh: ₹40–55 lakhs is a tiny seed fund for starting in liquor
“For liquor, it's like really tiny.”
Minakshi Singh Jul 3, 2024 ▶ 3:11:47 Ep #18 | WTF, Alcohol is a $70B Business in India? | Nikhil Kamath explores Gaps & Opportunities · Nikhil Kamath
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