Business
Startup IPO: Alphalogic Techsys Limited gets BSE nod for its IPO
Alphalogic Techsys Limited gets in-principle approval from The Bombay Stock Exchange to open its IPO and list on the BSE Startup Platform.
Startups in India can raise funds through initial public offerings! This fact will be substantiated when Alphalogic Techsys Limited will come up with its IPO later this month. It is expected that Alphalogic will be the first startup to be listed on the BSE Startup Platform. BSE received IPO applications from two companies, since the launch of the platform in December 2018. Alphalogic received the BSE nod to open it’s IPO and list on the startup platform.
Alphalogic, a Pune based boutique software company, has been growing at a CAGR of 40% in the last 4 years. In FY 2018-19, the company clocked a stupendous growth rate of 120 per cent. The IPO is going to further fuel the growth rate and will play a pivotal role in the company’s future expansion.
Anshu Goel, Managing Director of Alphalogic, exalts about the company’s future plans, and states, “We have plans to expand our business in the European geography, and are planning to hire fresh talent to grow our team and business. We are focusing on the latest technologies, such as artificial intelligence, machine learning, cloud computing and so on. The capital raised through the market will enable us to expand globally and in a more productive manner.”
The company has its clientele in more than 12 countries around the world, and has already worked on some major projects for clients in US, UK and Australia. With a team of seasoned technocrats, the company is capable of delivering cutting-edge technological solutions for its clients.
When asked what made him to think about going the IPO way for funding, Anshu Goel opines, “IPO is testament of the company’s maturity and stability in terms of processes and business. It is a dream come true for a business to get listed on BSE. It’s more sensible to raise capital from the market than queuing up before VCs and institutional investors. When you raise funds through an IPO, you gain complete control of your business, which may not be the case when getting funds from a VC. Moreover, the BSE has created this wonderful platform for startups, like ours, and we must take advantage of it.”
Many startup consultants believe that the BSE will have a tough time ahead screening a lot many applications from prospective startups. Alphalogic has shown the way and startups will now dare to tread on it.
To know more about Alphalogic and its products and solutions, one may visit the website https://www.alphalogicinc.com/.
About Alphalogic Techsys Limited:
Alphalogic Techsys Limited is a boutique Software Consulting Firm that helps its clients with their digital transformation needs. Alphalogic’s motto is Making Software Simple. Alphalogic has its development centre in Pune, India but serves its customers globally. Alphalogic works with clients from early stage start-ups to established SMBs and Fortune 500s from over 12 countries.
Business
Ethical Affiliate marketing : Defining the Conflict
Affiliate marketing in the online casino industry walks a fine line between commercial interest and editorial integrity. Affiliates earn commissions when players register or deposit through affiliate links, yet these same affiliates often publish reviews claiming to guide users toward the best and safest operators. This dual role creates a potential conflict of interest: can a reviewer remain truly objective while being financially rewarded for player conversions?
This ethical tension is not hypothetical, it defines the entire casino review system. Readers expect independent recommendations, while advertisers aim for visibility and sign-ups. The challenge, therefore, lies in ensuring that commercial necessity never compromises editorial honesty. Without clear ethical structures, the trust between affiliate and reader quickly collapses, breaking the foundation of any long-lasting brand in the iGaming space.
The Ethical Solution: Editorial Firewalls
Responsible affiliates have developed a structural response to this dilemma known as the “editorial firewall.” This principle strictly separates commercial operations (such as partner negotiations and commission management) from editorial teams responsible for content, ratings, and recommendations. By preventing advertisers or commercial staff from influencing content, affiliates safeguard the objectivity of their reviews.
Antti Virtanen, Editor in Chief of Kasinohai, explains this responsibility clearly:
“My primary responsibility is to maintain the editorial firewall. If an advertiser’s payment can influence a casino’s star rating, we have failed our readers, and that short-term gain will instantly destroy the decade of trust we have built.”
The editorial firewall functions much like journalistic separation between newsroom and advertising department. Editors work with established criteria: licensing, game variety, payment methods, and player protection measures. Without any interference from commercial targets. When this discipline is followed, affiliates can confidently assure readers that ratings reflect evidence-based quality, not marketing budgets.
Maintaining such independence often comes with short-term sacrifices: rejecting lucrative offers from less trustworthy operators or declining to modify reviews to appease advertisers. Yet, for ethical affiliates, these sacrifices strengthen the brand’s reputation and guarantee the long-term viability of their business model.
Prioritizing Safety and Trust
True ethical affiliation starts with a single non-negotiable principle: only promote casinos that are safe, licensed, and compliant with responsible gambling regulations. Trust begins at selection. Every casino under review should pass a rigorous safety audit, covering valid gaming licenses, secure payment processing, transparent bonus terms, and the presence of responsible gambling tools such as deposit limits and self-exclusion options.
Antti Virtanen underlines this commitment:
“The ethical commitment begins at the gate: our first and most important filter is licensing and player safety. Any operator that fails our rigorous background checks on responsible gaming tools, fair terms, or payment security will never be promoted, regardless of their commercial offering.”
By excluding unsafe or unlicensed platforms, affiliates act as front-line gatekeepers, shielding players from potential fraud or exploitative practices. Ethical affiliates must also stay proactive, regularly updating their databases and removing any operators that lose licenses, alter fair terms, or develop unresolved consumer complaints. This proactive maintenance shows readers that the site’s focus is not only on visibility but on genuine player well-being.
Ethics in affiliate marketing also extend to how bonuses and offers are presented. Affiliates must reject misleading promotions that hide behind fine print or impose unrealistic wagering requirements. Fair representation of bonus terms not only protects players but also differentiates responsible affiliates from competitors who prioritize click volume over credibility.
Transparent Disclosure
Transparency is a cornerstone of ethical affiliate marketing. Readers deserve to understand how affiliate links work and how they affect the content they see. A clear, accessible disclosure explains that the affiliate may receive compensation when users register or deposit through referral links. However, this relationship should never impact the user’s cost, terms, or overall experience on the casino site.
The purpose of transparency is twofold: it builds trust with readers and aligns with regulatory expectations for advertising disclosures. A good disclosure statement is not hidden in small print; it’s presented as part of the site’s editorial ethic. It assures visitors that commercial partnerships never influence ratings, reviews, or recommendations.
In practice, this can appear as a brief statement at the start or end of a review, linking to a detailed explanation of the site’s business model. Clear communication empowers readers to make informed decisions and it alleviates the underlying skepticism that often surrounds online casino reviews.
Transparency also extends to responsible gambling communication. Affiliates should remind readers that gambling involves risk and provide visible links to national helplines, self-exclusion tools, and player protection resources. When ethical values are embedded not only in compliance checklists but also in editorial tone, the brand earns genuine user respect.
Long-Term Value
The ultimate goal of ethical affiliate marketing is sustainability building a relationship of long-term trust that outlasts the allure of short-term profits. A single misleading recommendation might boost conversions temporarily, but the resulting loss of credibility can permanently damage a brand.
Antti Virtanen captures this philosophy:
“In the end, ethical affiliate marketing is not a high-volume business; it’s a high-trust business. Our long-term success isn’t measured by the conversion rate of a click, but by the number of players who return to us because we saved them from a poor or unsafe experience.”
This perspective reframes success away from mere performance metrics toward qualitative measures: user satisfaction, returning readership, and brand reliability. Ethical affiliates understand that authority and trust cannot be purchased—they are earned through consistent transparency, careful editorial standards, and user-focused decision-making.
Long-term value also aligns with broader industry goals of promoting responsible gambling and sustainable player engagement. Affiliates that champion these principles contribute positively to the reputation of the iGaming industry as a whole.
Ethical affiliate marketing is not a static policy it is an ongoing commitment to transparency, responsibility, and respect for the audience’s trust. Establishing strict editorial firewalls, prioritizing player safety, and maintaining open disclosure practices form the blueprint for sustainable success. In an environment driven by competition and revenue potential, ethics are not a hindrance but the very strategy that distinguishes credible affiliates from the rest.
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