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...
UAE hotels find peace in war, go for renovations and upgradesPremium hotels in Dubai are undertaking renovations. This is happening due to a slowdown in tourist numbers. Some hotels will close for up ...
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...
Alia Bhatt signs with Myntra to tap Gen Z in booming beauty segmentMyntra has appointed Alia Bhatt as the face of its platform and beauty business. This move aims to deepen engagement with Gen Z and millenn...
Nykaa confirms acquisition talks with Deepika Padukone’s 82°ENykaa is reportedly in talks to acquire a stake in Deepika Padukone's skincare brand, 82°E. Despite initial struggles with pricing and posi...
Nykaa in talks to buy majority stake in Deepika Padukone's skincare brand 82°ENykaa is negotiating to buy a majority stake in Deepika Padukone's skincare brand 82°E. This move aims to strengthen Nykaa's portfolio in a...
UAE shoppers pull back and stash cash as war drags onUAE households are cutting back on non-essential spending and saving more. This shift comes as the Iran-Israel conflict continues. Fuel pri...
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 (...
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.