Fixed deposit

And when we double-clicked on that, right, we found that people discover bonds as a product when they have some form of liquidity.

Let's say, for example, if an FD matured for you, let's say a 500 rupee FD matured, you start looking for, "Hey, can I earn something better? Do I reinvest it or can I do something else with it?" And they find our platform or our product, right? And then they find our platform, and they kind of use two, three platforms to kind of diversify it.

Once investors gain more trust and they learn the process, they begin investing more money.

So then we've seen that while average ticket size is about 50,000, the first month portfolio is around two and half lakhs, which grows to about six lakhs in, like, three to four months of them signing up on the platform.