Dream11 and astrology apps earn over Rs 30,000 crore, but only 5 crore Indians invest for the future: Financial planner sounds alarm
India’s youth are spending heavily on astrology and gaming apps, with revenues crossing ₹30,000 crore, yet only five crore Indians actively participate in systematic investing. Gurmeet Chadha, Managing Partner & CIO at Compcircle, warns that while millions chase daily predictions, they neglect long-term financial planning. Data from April 2025 shows record SIP contributions but also a high stoppage rate, signalling cautious investors. Chadha’s call for disciplined investment, including contributions to the National Defence Fund...