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Used-car market enters new era: Why more Indians are choosing used cars despite rising incomesIndia's used car market is booming, projected to hit $70 billion by FY31 as buyers increasingly choose pre-owned vehicles for value and sma...- 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...
- The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
- 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...
- India's food delivery sector poised for double-digit growth as tier-2 adoption and frequency rise: ReportIndia's online food delivery market is set for rapid expansion. Growth will be fueled by more frequent orders and wider reach into Tier-2 c...
- Dubai hotel rates remain stable amid shocksAverage hotel rates for new bookings in Dubai remained largely stable through April, according to data from RateGain and industry executive...
- 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...
- Meesho shares jump 10% as JP Morgan initiates coverage with Rs 215 target priceMeesho shares surged nearly 10% after JP Morgan initiated coverage with an 'Overweight' rating and a Rs 215 price target. The brokerage hig...
- Snabbit raises $56 million from Susquehanna VC, Mirae, others; valuation doubles to $350 millionSnabbit, an instant house help startup, has secured $56 million in a new funding round. This investment, led by Susquehanna Venture Capital...
- 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...
- Alternate financing to capitalise on $500B SME credit opportunity in India: Redseer-GetVantage ReportThe current share of alternate finance is ~5%. Redseer estimates it to double and reach ~11% in the next five years.
- Uptick in discretionary spend propped up retail commerce in April-June quarter: RedseerTraction for offline retail also increased on the back of higher rural demand, particularly for fast moving consumer goods (FMCG), the Reds...
- 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...
- 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...
- 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...
- 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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