Zomato valuation absurd: Rakesh Jhunjhunwala
The Big Bull believes the hype around consumer tech and excessive valuations will pop in the days to come.
The Big Bull believes the hype around consumer tech and excessive valuations will pop in the days to come.
The Tata group, one of India’s oldest conglomerates, recently acquired a majority stake in BigBasket, one of the biggest players in the booming e-grocery space. But the competition is stiff.
The e-commerce giant will reportedly pay $40 million for the online travel company, which will continue to operate as a separate brand.
The global retail giant is banking on India’s large micro, small and medium enterprises (MSME) sector, and sees Uttar Pradesh as its key focus area.
In a bleak 2020, beauty and fashion retailer Nykaa showed strategic nimbleness to stay strongly in the game, even managing to raise funds and become a unicorn in the process. Will it stay the course?
Finally, the moment-in-the-sun for the Indian startup ecosystem seems to be on the horizon. And this is why the fate of Flipkart's maiden IPO—that too worth $10 billion— matters.
The Indian retail industry witnessed heightened activity this year. Seated at the high table are Reliance Industries, Walmart-owned Flipkart, Jeff Bezos’ Amazon, and the Tata group. Game on, then.
CEO Jeff Bezos says the e-commerce giant will use its global footprint to export $10 billion worth of ‘Make In India’ goods by 2025.
Reliance plans to launch a unique physical-digital retail business platform that is already being piloted across India and is expected to be rolled out nationally in the coming years.
The outlook for private equity (PE) deals remains strong due to robust macroeconomic fundamentals and rising competition among PE funds.