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REDSEER CONSULTING REPORT
India's food services market to reach $50 billion by FY31, online share to rise to 18%: ReportIndia's food services market is set to reach USD 150 billion by FY31. Online food delivery will capture an increasing market share, rising ...- India’s first choice for cars is going second-handIndia’s car market is shifting gears: why stretch for a new hatchback when a used SUV gets you further? A booming pre-owned market is redef...
- 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...
- 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...
- India used car market expected to double to $70 billion in five years: ReportIndia’s used car market is projected to double to about $70 billion by 2031 from $35 billion currently, driven by rising affordability, sho...
- Indian digital ad market likely to double to USD 22 bn by 2030: ReportIndia's digital advertising market is set for significant growth. Projections indicate it will double in five years, reaching up to 22 bill...
- After bumpy 3 quarters of 2023, online sellers see 15 pc rise in festive salesSellers expect a minimum 15 per cent online sales growth compared to last year's festive event, with the median growth figure of 26 per cen...
- Fantasy sports platforms clock Rs 2,800 crore in gross revenue during IPL: RedseerAccording to Redseer's analysis, Fantasy sports gross gaming revenue grew by 24 per cent from Rs 2,250 crore in IPL 2022, and the market ha...
- Users from tier-2 cities script Indian digital economy’s growth story, report showsOver the last few years, while leading app developers have targeted their services at tier-1 cities in India, new-age domestic players are ...
- 80 startups in India have potential to go for IPO in next 5 years: report"India may see over 100 matured, large-scale profitable/path-to-profitability start-ups in the next five years. With about 20 of them alrea...
- E-commerce firms saw sales worth Rs 76,000 cr in festive month: ReportAccording to Redseer estimates, Flipkart Group, including Myntra, Shopsy, maintains its leadership position with a 62 per cent share in Rs ...
- India's e-commerce players likely to see 'big-billion' jump in sales this festive seasonThe growth is expected to be driven by the doubling of online shoppers during the festive season as against 2018, Redseer said in a report....
- 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...
- India could be a $500 million device insurance market by 2025: ReportThe demand for insurance for smartphone devices would be driven both by rising demand and an increased push by insurance companies to marke...
- Digital payments market in India likely to grow 3-folds to Rs 7,092 trillion by 2025: Report"The current 160 million unique mobile payment users will multiply by 5 times to reach nearly 800 million by 2025. This growth will be driv...
- 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.
- E-tail cash-burn may shrink by 67% in 5 yearsA recent study says that cash-burn in the e-tailing sector is expected to shrink to “one-third of its current rate” by 2023.
- 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.
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