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    <title>Aaj TV English News - Must Read</title>
    <link>https://english.aaj.tv/</link>
    <description>Aaj TV English</description>
    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Tue, 07 Apr 2026 11:02:24 +0500</pubDate>
    <lastBuildDate>Tue, 07 Apr 2026 11:02:24 +0500</lastBuildDate>
    <ttl>60</ttl>
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      <title>Amitabh Bachchan makes profit of INR 1.12bn by investing in Cryptocurrency
</title>
      <link>https://english.aaj.tv/news/30277468/</link>
      <description>&lt;p&gt;&lt;strong&gt;Social media users were asking if Crypto-enthusiast Waqar Zaka was right all along, after news of Bollywood star Amitabh Bachchan turning his INR 16 million investment in Cryptocurrency into a profit INR1.12 billion flooded the internet on Monday.&lt;/strong&gt; &lt;/p&gt;

&lt;p&gt;According to Economic Times, Bachchan and his son Abhishek in 2015 invested around $250,000 in a Singapore-based company called Meridian Tech Pte, founded by Venkata Srinivas Meenavalli. Within a period of two years, the Bollywood father-son made a profit of $17.5 million. &lt;/p&gt;

&lt;p&gt;Cryptocurrency is a decentralized digital currency which can be sent from user to user over the internet without the need for intermediaries. &lt;/p&gt;

&lt;p&gt;When Meridian Tech’s main asset Ziddu.com got acquired by a company called LongFin Corp., Bachchan who had invested it in back in 2015 received 250,000 shares of LongFin Corp. &lt;/p&gt;

&lt;p&gt;Bachchan had made two other investments that also worked in his favor. He had invested INR 6.27million in a company called JustDial, that turned into a profit of INR 70 million in just four months. &lt;/p&gt;

&lt;p&gt;Looking at the successful journey of Bachchan in the Crypto world, social media users were forced to ask  if Waqar Zaka was right about the blockchain technology all along. &lt;/p&gt;

&lt;figure class='media  w-full  w-full  media--stretch  media--uneven media--embed  '&gt;
				&lt;div class='media__item    media__item--twitter  '&gt;            &lt;blockquote class="twitter-tweet" lang="en"&gt;
                &lt;a href="https://twitter.com/AliAsgh71199455/status/1488214016153509896?s=20&amp;amp;t=d7ClI-MWOeYgOqr0oYQT5Q"&gt;&lt;/a&gt;
            &lt;/blockquote&gt;&lt;/div&gt;
				
			&lt;/figure&gt;
&lt;p&gt;			&lt;/p&gt;

&lt;p&gt;Zaka is a long-time advocate of Cryptocurrency in Pakistan. He has been speaking against the proposed ban on the technology and urging the government to look at Crypto as a viable option for making money. &lt;/p&gt;

&lt;p&gt;Many people have joined Zaka in his campaign to promote Cryptocurrency in Pakistan. &lt;/p&gt;

&lt;figure class='media  w-full  w-full  media--stretch  media--uneven media--embed  '&gt;
				&lt;div class='media__item    media__item--twitter  '&gt;            &lt;blockquote class="twitter-tweet" lang="en"&gt;
                &lt;a href="https://twitter.com/TAzammalik/status/1488380094590734341?s=20&amp;amp;t=d7ClI-MWOeYgOqr0oYQT5Q"&gt;&lt;/a&gt;
            &lt;/blockquote&gt;&lt;/div&gt;
				
			&lt;/figure&gt;
&lt;p&gt;			&lt;/p&gt;

&lt;figure class='media  w-full  w-full  media--stretch  media--uneven media--embed  '&gt;
				&lt;div class='media__item    media__item--twitter  '&gt;            &lt;blockquote class="twitter-tweet" lang="en"&gt;
                &lt;a href="https://twitter.com/BuraaqThe/status/1488378762555281408?s=20&amp;amp;t=d7ClI-MWOeYgOqr0oYQT5Q"&gt;&lt;/a&gt;
            &lt;/blockquote&gt;&lt;/div&gt;
				
			&lt;/figure&gt;
&lt;p&gt;			&lt;/p&gt;

&lt;figure class='media  w-full  w-full  media--stretch  media--uneven media--embed  '&gt;
				&lt;div class='media__item    media__item--twitter  '&gt;            &lt;blockquote class="twitter-tweet" lang="en"&gt;
                &lt;a href="https://twitter.com/shawaizatthwal/status/1488378503644987396?s=20&amp;amp;t=d7ClI-MWOeYgOqr0oYQT5Q"&gt;&lt;/a&gt;
            &lt;/blockquote&gt;&lt;/div&gt;
				
			&lt;/figure&gt;
&lt;p&gt;			&lt;/p&gt;
</description>
      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Social media users were asking if Crypto-enthusiast Waqar Zaka was right all along, after news of Bollywood star Amitabh Bachchan turning his INR 16 million investment in Cryptocurrency into a profit INR1.12 billion flooded the internet on Monday.</strong> </p>

<p>According to Economic Times, Bachchan and his son Abhishek in 2015 invested around $250,000 in a Singapore-based company called Meridian Tech Pte, founded by Venkata Srinivas Meenavalli. Within a period of two years, the Bollywood father-son made a profit of $17.5 million. </p>

<p>Cryptocurrency is a decentralized digital currency which can be sent from user to user over the internet without the need for intermediaries. </p>

<p>When Meridian Tech’s main asset Ziddu.com got acquired by a company called LongFin Corp., Bachchan who had invested it in back in 2015 received 250,000 shares of LongFin Corp. </p>

<p>Bachchan had made two other investments that also worked in his favor. He had invested INR 6.27million in a company called JustDial, that turned into a profit of INR 70 million in just four months. </p>

<p>Looking at the successful journey of Bachchan in the Crypto world, social media users were forced to ask  if Waqar Zaka was right about the blockchain technology all along. </p>

<figure class='media  w-full  w-full  media--stretch  media--uneven media--embed  '>
				<div class='media__item    media__item--twitter  '>            <blockquote class="twitter-tweet" lang="en">
                <a href="https://twitter.com/AliAsgh71199455/status/1488214016153509896?s=20&amp;t=d7ClI-MWOeYgOqr0oYQT5Q"></a>
            </blockquote></div>
				
			</figure>
<p>			</p>

<p>Zaka is a long-time advocate of Cryptocurrency in Pakistan. He has been speaking against the proposed ban on the technology and urging the government to look at Crypto as a viable option for making money. </p>

<p>Many people have joined Zaka in his campaign to promote Cryptocurrency in Pakistan. </p>

<figure class='media  w-full  w-full  media--stretch  media--uneven media--embed  '>
				<div class='media__item    media__item--twitter  '>            <blockquote class="twitter-tweet" lang="en">
                <a href="https://twitter.com/TAzammalik/status/1488380094590734341?s=20&amp;t=d7ClI-MWOeYgOqr0oYQT5Q"></a>
            </blockquote></div>
				
			</figure>
<p>			</p>

<figure class='media  w-full  w-full  media--stretch  media--uneven media--embed  '>
				<div class='media__item    media__item--twitter  '>            <blockquote class="twitter-tweet" lang="en">
                <a href="https://twitter.com/BuraaqThe/status/1488378762555281408?s=20&amp;t=d7ClI-MWOeYgOqr0oYQT5Q"></a>
            </blockquote></div>
				
			</figure>
<p>			</p>

<figure class='media  w-full  w-full  media--stretch  media--uneven media--embed  '>
				<div class='media__item    media__item--twitter  '>            <blockquote class="twitter-tweet" lang="en">
                <a href="https://twitter.com/shawaizatthwal/status/1488378503644987396?s=20&amp;t=d7ClI-MWOeYgOqr0oYQT5Q"></a>
            </blockquote></div>
				
			</figure>
<p>			</p>
]]></content:encoded>
      <category>Must Read</category>
      <guid>https://english.aaj.tv/news/30277468</guid>
      <pubDate>Tue, 01 Feb 2022 11:30:39 +0500</pubDate>
      <author>none@none.com (Web Desk)</author>
      <media:content url="https://i.aaj.tv/large/2022/02/61f8ce77c28e6.png" type="image/png" medium="image" height="625" width="1117">
        <media:thumbnail url="https://i.aaj.tv/thumbnail/2022/02/61f8ce77c28e6.png"/>
        <media:title>SOURCE: Instagram/ Amitabh Bachchan
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