[ad_1] “If you like a certain stock, and that stock is available at your dreamy price, and it has gone below that, don’t hesitate to start moving into the market. That will be my suggestion,” says Raamdeo Agrawal, Chairman & Co-Founder of Motilal Oswal Financial Services. While the current correction is driven by slowing earnings […]
Invesco MF’s Taher Badshah sees government support as key to driving consumption – CNBC TV18
[ad_1] Taher Badshah, Chief Investment Officer of Invesco Mutual Fund stressed the importance of reviving domestic growth. He believes that the government should take strong measures to support the economy at this stage. Sectors like automobiles need a boost in domestic growth, he said, adding that “We might probably need that for some more time […]
KiranaPro raises seed funding to transform quick commerce with tech-driven innovation – CNBC TV18
[ad_1] Quick commerce startup KiranaPro has successfully raised seed funding, with participation from leading early-stage venture capital firms such as Turbostart, Unpopular Ventures, Blume Founders Fund, and Snow Leopard Ventures. Several prominent angel investors also contributed to the funding round. The capital raised will fuel the company’s growth initiatives and further its mission of transforming […]
Quick commerce set to grow 50-70% this year, says Bigbasket Co-Founder Vipul Parekh – CNBC TV18
[ad_1] Bigbasket’s Co-Founder Vipul Parekh is optimistic about the future of quick commerce, projecting a growth rate of 50-70% for the industry this year. In an interview to CNBC-TV18, Parekh noted that quick commerce has experienced exponential growth, with last year’s growth pegged at 100%. This rapid rise in demand has driven Bigbasket to shift […]
IBLA 2024 | Increased competition will act as a catalyst for innovation in quick commerce: Blinkit’s Albinder Dhindsa – CNBC TV18
[ad_1] As the quick commerce industry experiences growing competition, with giants like Amazon and other new entrants scrambling to meet the rising demand for faster deliveries, Albinder Dhindsa, founder of Blinkit, sees the surge in rivalry as a driving force for innovation. He believes that heightened competition encourages businesses to think outside the box and […]
A DMart bear says it is no longer the go-to destination for affordable daily groceries – CNBC TV18
[ad_1] IIFL Securities, one among the 13 analysts who have a “sell” or equivalent rating on Radhakishan Damani-owned Avenue Supermarts, wrote in a note on Wednesday, December 4, that D-Mart, the hypermarket chain, is no longer the go-to destination for the most affordable daily groceries. Company Value Change %Change IIFL has a “reduce” rating on […]
Quick Commerce captures nearly half of Kirana sales; market to hit $40 billion by 2030 – CNBC TV18
[ad_1] As consumer preferences shift towards the convenience of last-minute grocery deliveries, quick commerce companies are outpacing traditional retailers, with 46% of consumers surveyed reporting a cut in purchases from Kirana shops, a report has said. The quick commerce market size is expected to reach $40 billion by 2030, a jump from $6.1 billion in […]
SoftBank: ‘We are back in the game’ with bets on capital-conscious startups – CNBC TV18
[ad_1] In an exclusive conversation, Sumer Juneja, Managing Partner and Head of EMEA & India Investing at SoftBank, shared his insights on the evolving dynamics of India’s startup ecosystem, SoftBank’s current investment focus, and the future of tech IPOs. Juneja highlighted a strategic shift toward capital efficiency among startups, particularly following the 2022 market cycle. […]
Zomato’s surprise fundraising plan raises investor questions: Experts weigh in – CNBC TV18
[ad_1] Zomato, despite having ₹10,000 crore in cash reserves, is planning to raise additional funds, leaving investors puzzled. While the company has substantial cash and expects it to grow further, the reasons for this move remain unclear. Some believe the funds may be used for expanding quick commerce operations beyond metro cities, managing high-value inventory, […]
Capital market ecosystem still in early stages, says Motilal Oswal AMC – CNBC TV18
[ad_1] Atul Mehra, Fund Manager at Motilal Oswal AMC, who manages funds worth $1.73 billion, is bullish in terms of prospects of the capital market ecosystem financialisation and digitisation and so on. He believes the capital market ecosystem is still in the early stages. Most of the US households have exposure to equity markets. According […]