Latest news with #RaviMittal


India Today
3 days ago
- Entertainment
- India Today
Reverse Catfishing: Gen Z's new dating strategy for finding real love
When you sign up on a dating app, the first few minutes (or even hours) are spent setting up your profile. A lot of effort goes into making it as likeable as possible. From seeking help from friends (perhaps even from AI) to craft the perfect bio, to selecting the best of your best pictures, and maybe even lying a little while answering some questions to appear cooler, people do it all for that ideal first out, there are people taking a completely contrasting approach on dating platforms to find genuine matches. It is called 'reverse catfishing'.What is 'reverse catfishing'It is a dating strategy where users intentionally put up unfiltered, raw, and even flawed pictures with purposefully toned-down achievements to find the most genuine match, who has the potential to love them even at their lowest. The name, of course, comes from catfishing, where people fake their identities to lure matches with the intent to deceive others into a relationship or transaction. The goal is typically to mislead the victim, sometimes leading to financial scams or emotional catfishing, on the other hand, is a completely different approach. It involves keeping your profile as real as possible, sometimes even highlighting traits you consider to be flaws. The reason? To find someone who likes you for who you truly are, not just for your positive to dating app Quack-Quack's latest survey, 2 in 5 Gen Z daters are now embracing 'reverse catfishing'. Not flexing at all is apparently the newest survey was conducted from the beginning of April among 7,463 daters between the ages of 18 and 27. Participants came from metros, suburbs, and rural regions and belonged to various career fields, including IT, healthcare, education, finance, marketing, content creation, and more, as well as students and young start-up behind the rise of this trendUnfiltered authenticity, one of the strongest virtues for Gen Z daters, is behind the rise of reverse catfishing. Be it bonding over fitness, food, travel or concerts, the authenticity factor tops their list of priorities as noted by several dating app is of utmost importance; they want someone who can accept them for who they are. Finding the right match is their goal, and impressing the wrong one is not."Reverse catfishing is still very new. We think it's a love letter to emotional intelligence. Who, other than an emotionally sorted and extremely secure person, would dare to play it down on purpose? It shows that young daters are more interested in finding the right match than impressing the wrong one. They are looking for more than surface-level attractions, even if that means they have to let go of their 'Insta-worthy' lifestyle for that,' says Ravi Mittal, founder and CEO of Quack per cent of participants revealed going for matches that don't have the perfect display picture and bios that look straight out of an AI chatbot. While these polished profiles might indicate effort, somewhere, the authenticity is lost in trying hard to be women feel that this trend acts as a perfect protective layer."A less glamorous profile attracts men who truly want to know me, instead of the 'pretty woman' in the picture. Ever since I have adopted this approach, the connections I have made have all been real, even if the numbers are slightly lower,' Anuja, a fitness coach from Bangalore, shares with the dating app way this approach helps daters is by managing their manages expectations during the online interaction, only to exceed them when things go offline. They called it the 'surprise upgrade' that not only helps them find someone who genuinely likes their humble version with all the under-promising but also leads to over-delivering when the romance goes you team 'reverse catfishing' or not?


Time of India
23-05-2025
- Entertainment
- Time of India
Nostalgia Matching: The Dating Trend of Reconnecting with Past Matches
Sending a message to an ex or a past match is not new. Many have done it after a breakup. While it was once seen as a poor decision, people now believe it may come from a sense of nostalgia rather than just a late-night impulse. Tired of too many ads? go ad free now According to a recent survey by dating app QuackQuack, 2 in 7 users said they had reconnected with an old match. They said the comfort of a familiar connection makes it easier to restart the conversation. The trend is now being called "Nostalgia Matching." The survey, done in April 2025, included 8,546 users aged 18 to 30. Participants were from different cities and towns across India and worked in various fields such as IT, healthcare, education, and finance. The gender split was even to understand both sides of the trend. Ravi Mittal, Founder and CEO of the dating app, said that people are looking for comfort in known connections. "People generally crave familiarity, and connecting with an ex-match gives them that sense of comfort and safety, even if things didn't turn out perfectly the first time. We are seeing that dating is no longer linear- it's becoming a full circle. Many are reconsidering old matches, not as a rebound but to explore the possibilities of reconnecting with someone with whom they had almost something special . " Some users feel they left things incomplete and want to see where the connection could go. A 26-year-old from Haryana shared that reconnecting brought back old feelings. Many women aged 25 to 30 said they preferred old matches because they could skip the small talk. The survey also found that younger users, especially GenZ, are more open to giving past matches another chance. For many, it's not about starting fresh, but finishing what they started.


New Indian Express
21-05-2025
- Business
- New Indian Express
Banks take 67% haircut in 1,194 insolvency cases yielding resolution
Lenders have recovered Rs 3.89 lakh crore against admitted claims of Rs 12 lakh crore through resolution plans under the Corporate Insolvency Resolution Process (CIRP) till March 2025, resulting in a recovery rate of 33%. This means on average bankers have taken a haircut of 67% from CIRPs which yielded in resolution. However, the recovery is 163% of the total liquidation value (Rs 2.30 lakh crore) of the companies which got resolved through insolvency resolution process. The total number of insolvency cases yielding resolution plans rose to 1,194 by March 2025, up from 947 in FY2023-24. At the end of FY24, the total recovery was to the tune of Rs 3.36 lakh crore. Of the 1,194 cases, lenders in 172 cases had admitted claims exceeding Rs 1,000 crore. While these large corporate debtors owed creditors Rs 10.24 lakh crore, the fair value of their assets at the time of entering CIRP was only Rs 1.95 lakh crore. Creditors in these cases realised 33.89% of their admitted claims, but 177.61% of the liquidation value. While a 67% haircut raises serious question over the efficacy of the IBC, the insolvency regulator – Insolvency and Bankruptcy Board of India (IBBI) – has says that the recovery amount does not account for potential future recoveries such as proceeds from personal and corporate guarantees, equity value, or avoidance transaction recoveries. It further says that significant portion of resolved case (40%) were previously defunct or with the erstwhile Board for Industrial and Financial Reconstruction (BIFR). In these cases, claimants realised just 19.03% of their admitted claims, though they achieved 151.92% of the liquidation value. On the liquidation front, 2,758 cases ended in liquidation as of March 2025. Of the total cases, 214 involved admitted claims exceeding Rs 1,000 crore, but had asset values of merely Rs 0.46 lakh crore, according to IBBI newsletter. Around 78% of all liquidated CIRPs were either BIFR cases or defunct entities, where the average asset value was only 6% of the outstanding debt. Meanwhile, IBBI chairman Ravi Mittal has reiterated the importance of IBC in resolving NPA cases. He cites an RBI Report, which showed that the IBC had emerged as the dominant recovery route for banks, accounting for 48% of all recoveries made by them. He further says cost of debt for distressed firms have come down by 3% post-IBC (vs non-distressed firms), indicating an improved credit environment for distressed firms.


Time of India
02-05-2025
- General
- Time of India
Modern dating trends: How GenZ and millennials are building honest connections
A recent survey reveals that GenZ and Millennials are navigating modern dating with evolving approaches. GenZ prioritises clear communication and boundaries, while Millennials emphasize emotional connection and seek the good in others Modern dating has many new terms like 'breadcrumbing' and 'ghosting.' While these may sound negative, a recent survey by the dating app QuackQuack gives a more positive view. It shows that both GenZ and millennials are learning to handle dating in their ways. They are aware of these trends and are trying to build honest connections. The survey asked over 10,000 people aged 18 to 35 from cities, towns, and villages. The goal was to understand how each generation deals with dating today. Ravi Mittal, Founder and CEO of QuackQuack, said, 'Both generations are changing. Their ways are different, but they share a goal—to find real connections. Today, people value honesty more than mystery.' One key finding was how GenZ deals with mixed signals. 43 per cent of GenZ daters said they set clear boundaries. Tonya (23) from Delhi said, "We ask questions. If something isn't going anywhere, we want to know." Millennials, on the other hand, focus more on emotions. The survey found that 4 in 5 Millennials are careful about defining relationships. Adar (30), a professor from Bangalore, said, 'We look for the good in people, not just the problems.' Good news came from both groups: toxic dating trends are falling. Many said they now look for meaningful conversations. Even love languages are changing. GenZ prefers emojis and memes, while many Millennials still enjoy thoughtful texts. But both agree—what matters most is saying the right thing, the right way. Masterclass for Students. Upskill Young Ones Today!– Join Now


Hindustan Times
23-04-2025
- Entertainment
- Hindustan Times
Less swiping, more talking: Why Gen Z is ditching fast matches for ‘slow dating'
Gen Z is switching gears; they are ditching the binge-swiping trend for slower and more intentional dating. It is no longer about just finding someone; the goal is to find the right one. Contrary to popular belief, slow dating isn't rejecting technology but rather a more refined use of it. Ravi Mittal, Founder and CEO of QuackQuack, shared with HT Lifestyle why Gen Z is moving away from fast matches and embracing the charm of 'slow dating'. (Also read: Invisible infidelity? How micro-cheating damages relationships without you noticing ) For a generation that has tasted speed and instant gratification, Gen Z is clear on one thing: relationships take time. Instead of jumping into the deeper end in a hurry, this generation of daters is taking the time to get to know each other. The young daters have moved on from "What you doing?" to asking better questions and initiating longer and more meaningful chats. They have finally started focusing on the direction instead of the momentum. Slow dating does not mean disinterested. Gen Z is approaching the game with higher emotional awareness, prioritising their mental health over the rush to find love. They are less likely to tolerate chaos in the name of love and are more inclined to find a stable and respectful connection, even if that takes a bit longer. The emotionally mindful Gen Z also prioritises emotional safety, boundaries, and personal growth over hurried connections that can jeopardise their peace; these are easier to uncover when the connection progresses slowly and conversations flow more organically. This young generation of daters has stopped collecting matches and started placing higher value on compatibility, similar outlook, and, on a refreshing shift, emotional intelligence. Surface-level connections don't cut it for them anymore, and nothing can beat slow dating when it comes to getting to know a match at a deeper level. Gen Z daters believe that directing your time and energy to one good match is much better than hundreds of aimless chats. Everyone tends to put their best foot forward when it comes to dating; it is very natural for people to add layers to their personality to impress others. But Gen Z daters know that genuine connection happens only when you peel back the layers and get to know the real person underneath. Slow dating allows for the authenticity to unfold naturally; it makes space and time for the true personality to emerge. With the pace of matching to committing being slowed down, the pressure to reach from point A to B and cramming emotional intimacy into a few days has also drastically reduced. Slow dating has reduced the urgency to define and label a connection too fast. Gen Z isn't caught up in the usual "What are we?" rather, they are more interested in the emotional ease and "How comfortable are we with each other?". In this world obsessed with speed, instant, and on-demand, Gen Z is choosing to slow down because, sometimes, the best connection takes longer to click. Note to readers: This article is for informational purposes only and not a substitute for professional medical advice.