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REDSEER REPORT
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...
- 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...
- 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...
- 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...
- Rentomojo IPO: Furniture e-marketplace files DRHP with Sebi; to raise Rs 150 crore from fresh issueE-marketplace Rentomojo Limited has filed its Draft Red Herring Prospectus with Sebi for an Initial Public Offering (IPO), aiming to raise ...
- Rentomojo files draft papers with Sebi for IPO; plans Rs 150-cr fresh issueOnline rental platform Rentomojo Ltd has filed preliminary papers with Sebi for an IPO, aiming to raise funds through a fresh issue of Rs 1...
- Audio series user base in India projected to reach 540 million by 2027: Redseer reportThe audio series user base in India is projected to reach 540 million by 2027. The growth is driven by the democratization of creator visib...
- E-commerce to grow to $300 bn by 2030, shipments by third-party logistics firms to 17 billion: Redseer reportThe Indian e-commerce industry is predicted to grow five-fold to $300 billion by 2030, with third-party logistics providers expected to han...
- Higher education, lifelong learning to drive edtech market growth, says Redseer reportThe online education market, which includes K12, higher education and lifelong learning or upskilling in India is presently worth around $1...
- 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-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.
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