Mobikwik gets RBI nod for offline payment aggregator licenceMobikwik Systems secured RBI's in-principle nod for a Payment Aggregator-Physical license, paving the way for offline merchant payments. Th...
Dubai hospitality gets a nine-day breather during Eid al-Adha holidaysIn anticipation of the Eid al-Adha holidays, hotels across Dubai and Abu Dhabi are seeing a notable spike in reservations, a promising sign...
Ujjwal Chaudhry joins Analysys Mason to co-lead Global Consumer Internet PracticeAnalysys Mason has appointed Ujjwal Chaudhry as Partner and Global Co-Head of its Consumer Internet Practice. Based in New Delhi/Gurugram, ...
Instant house-help startup Pronto bags $20 million as valuation doubles to $200 millionInstant house help startup Pronto has secured $20 million, doubling its valuation to $200 million. This funding will fuel supply scaling am...
Content fatigue emerges as early fault line in India’s fast-growing micro-drama marketIndia's micro-drama market is experiencing rapid growth, reaching $260 million annually, but faces challenges. Content fatigue due to repet...
Goods worth $9.2 bn sold online during festive sale this year: RedSeer"A slew of new launches and easy financing options meant that Mobiles continued to remain the most widely-sold product category during this...
India’s ecommerce festive season sales to top $9 billion in 2021: RedSeerIndia’s ecommerce sales during the upcoming festive season is likely to grow by 23% over the previous year to $9 billion, a RedSeer report ...
E-commerce firms to log 23% rise in gross GMV at over $9 bn during festive sale this year: RedSeerFor the full year, the overall online gross GMV is expected to touch USD 49-52 billion, which is around 37 per cent higher than last year (...
India’s consumer digital economy to be $800 billion by 2030: RedSeerRedSeer chief executive Anil Kumar said in a statement: "With the impact of Covid-19, digital services have served very well, which is evid...
E-Grocery value-first (price sensitive) segment to escalate over 50%; overtake growth of overall e-groceryThe value-first segment refers to the households in India, for whom affordability is the key concern and hence buying low-priced grocery is...
RedSeer Consultancy brings in Govind Shrikhande and Ruchira Jain as expert partnersGovind Shrikhande, a retail expert with over three decades of experience brings understanding of the nuances of the changing retail ecosyst...
Festive Ecomm sales touch $1.8 billion in 3 days: ReportRedSeer did not break out individual sales numbers of the two largest players in the market — Flipkart and Amazon.
E-commerce platforms see strong festive sales of $1.8 billion in first 3 daysAs per the Redseer report, more than 55% of GMV is coming from mobiles.
$1 billion eBeauty spot up for grabsAccording to a RedSeer Consulting report, private labels will continue to contribute an increasing portion of sales, which will in turn dri...
Here is the etail pecking order post festive salesData from RedSeer Consulting points to year-on-year growth for 2017 being slower at 40%, compared to the 46% growth recorded between the fe...
Cab aggregator rides surge 280% in 2016In an earlier report, RedSeer Consulting had noted that demonetisation worked in favour of cab aggregators, unlike for e-retailers.
Amidst shutdowns and scaling down, foodtech industry grew at a staggering 150% in 2016With more than 80% of orders coming in from Top 5 cities (out of 20 plus cities where online food delivery is active), the established play...