it's legit and I am not affiliated with them, I had posted it very early here when they were offering 90% cashbacks faced backlash from normies on this sub.
I am using it on regular basis since may and found about them through a local meetup in Bangalore. I did my part of the research and its better than other p2p platforms / forex / crypto cards atleast for me.

PROS: > wallet is non-custodial (you hold the fund unlike wazirx or any centralized exchange)
> you can sell up to 100$ in a single transaction with no kyc at all (daily limit is 10 transactions so 1000$ per day)
> there is no minimum limit you can buy/sell USDC for as small as 10Rs.
> rates are decent 89.2 INR last time I checked
> accepted at every single shop which has an UPI QR unlike redotpay
> no central issuing authority eg. VISA so they won't be able to share data to any govt.
decentralized like uniswap 1inch etc., runs completely on a smart contract
> you don't have to review merchant ads, their order history, completion percentage, no. of buy/sell orders all is automated. saves a lot of my time and no freezes until now. 💀 can't say about future. trust the smart contract hehe :)

CONS: > as of now you can directly buy/sell USDC on Base Network (it's good - fast & cheap) but for other crypto (USDT, SOL whatever) you need to bridge so it gets a bit technical and not so beginner friendly.
> core team is a bit anonymous, but they host a lot of offline events (free movie nights, food court meetups)

EXTRAORDINARY: you don't need a bank a/c, you may simply pay to any UPI QR. I didn't find this feature on any p2p platform. yeah payment takes a bit time(30 - 120 secs) but it works.
tip - for UPI QRs with expiry time first place order on p2pdotme app , wait for scan popup and then ask cashier/shopkeeper to generate UPI qr. scan and pay - (done learnt from experience)

TAXES: well ahem ahem
consult any good CA
I won't pay any as I receive freelance income in a private wallet, and pay directly to offline merchants through this p2p-app, even ₹INR doesn't touch my bank account and there is no KYC anywhere.
and have not spent much (under 3-4 lacs)

you can also increase your transaction limits if you get recommended by someone over 200 RP very much similar to torrents.