News for 'Quick commerce growth'

'India to see 40 billion-dollar e-commerce cos in five years'

'India to see 40 billion-dollar e-commerce cos in five years'

Rediff.com17 Oct 2014

In the past three weeks, early-stage venture capital firm Matrix Partners has invested in three start-ups.

What Zomato, Ola, Paytm Need To Learn

What Zomato, Ola, Paytm Need To Learn

Rediff.com19 Jul 2022

Start-ups don't care that mad-money funding comes to a hard stop after an IPO, observes Debashis Basu. As a listed entity, corporate actions have to take the interests of all shareholders, especially minority shareholders, into account. So far, we are not seeing any sign of it, observes Debashis Basu.

Australian parliament approves FTA with India

Australian parliament approves FTA with India

Rediff.com22 Nov 2022

India and Australia would now implement the free trade agreement on a mutually agreed date as the Australian Parliament on Tuesday approved the pact between the two countries. "BREAKING: Our Free Trade Agreement with India has passed through parliament," Australian Prime Minister Anthony Albanese said in a tweet. The India-Australia Economic Cooperation and Trade Agreement (AI-ECTA) needed ratification by the Australian parliament before its implementation.

'FICCI is focusing on start-ups'

'FICCI is focusing on start-ups'

Rediff.com19 May 2023

'For our traditional membership base, it would be an access to disruptive ideas,' FICCI President Subhrakant Panda tells Asit Mishra/Business Standard.

India needs to shoot for 10pc growth target

India needs to shoot for 10pc growth target

Rediff.com15 Oct 2017

Policy discussions now should urgently focus on the road map for serious economic and institutional reforms to put India on a sustained high growth trajectory like the Chinese economy, says Jayanta Roy.

After FB & Twitter, Yuri Milner bets big on India's e-commerce

After FB & Twitter, Yuri Milner bets big on India's e-commerce

Rediff.com13 Aug 2015

Yuri Milner is focussing on on consumer-driven Internet start-ups.

Amul's utterly butterly supply melts; eateries switch to alternatives

Amul's utterly butterly supply melts; eateries switch to alternatives

Rediff.com30 Nov 2022

It is the season of cooking and baking, but with Amul Butter in short supply, consumers aren't like the cat that got the cream. A shortage only means market shelves without butter on them. "There is a supply-side deficit. "We are now able to procure only two packs of butter a day, as opposed to three packs (each containing 30 packets of butter) in a day," says a salesman at Modern Bazaar, a departmental store in New Delhi's Greater Kailash.

PE/VC investments decline 22% to $5.4 bn in June

PE/VC investments decline 22% to $5.4 bn in June

Rediff.com19 Jul 2021

Investments by private equity and venture capital funds declined by 22 per cent to $5.4 billion in June, as compared to the $6.9 billion in the year-ago period, a report said on Monday. However, if compared with May's $4 billion, the investments were higher by 33 per cent, the monthly report by industry lobby group IVCA and consultancy firm EY said. If one were to compare the inflows into companies in the first half of 2021, the investments were 45 per cent higher at $26.9 billion.

Funding winter hits start-up advertising spend across properties

Funding winter hits start-up advertising spend across properties

Rediff.com6 Aug 2022

A long and bitter funding winter in the start-up world is beginning to take its toll on start-up advertising across properties. Earlier this week, Mastercard replaced Paytm as the title sponsor for all international and domestic cricket matches organised by the Board of Control for Cricket in India (BCCI). But this is just one part of the story. The other side is that organisers of high-impact shows and events on Hindi general entertainment channels, too, are feeling the winter chill.

Pine Labs' valuation tops $2 bn post funding

Pine Labs' valuation tops $2 bn post funding

Rediff.com22 Dec 2020

This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.

Festivals boost demand for gig workers as economy opens up: Experts

Festivals boost demand for gig workers as economy opens up: Experts

Rediff.com21 Oct 2021

Amid the ongoing festival season in the country, the hiring of gig workers has zoomed across sectors as the businesses have begun opening up leading to an uptick in consumer sentiments and rising pent-up demand, according to experts. "In the third quarter, with the onset of festive season, we are witnessing a 400 per cent spike in the hiring for gig workers. Earlier, in the first quarter of this year, as many businesses and companies were not operating at full strength, growth was muted. "However, things began picking up and became more promising from the second quarter, as the demand for gig workers across sectors grew," Taskmo, a subsidiary of Quess Corp, co-founder Prashant Janadri told PTI.

'Covid has made Ayurveda mainstream'

'Covid has made Ayurveda mainstream'

Rediff.com24 Jul 2021

'The spurt in demand for Ayurvedic products has exhausted our production capacity.'

FMCG players' 2022 gameplan: Go digital!

FMCG players' 2022 gameplan: Go digital!

Rediff.com22 Dec 2021

With a revival in demand and consumption, FMCG companies are looking forward to 2022 with positivity and hopes of sustaining a healthy growth trend across both rural and urban markets while gearing up to cater to the ever-increasing digitally active consumers and tackle the challenge of higher commodity prices. Health and wellness and convenience are going to remain key trends and FMCG companies are strengthening their core brands, driving premiumisation across their portfolios with targeted innovations as consumers are gravitating towards trusted brands looking for quality, purity and hygiene, in continuation of the trend that started since the pandemic last year. FMCG makers are accelerating digitalisation and are investing in building capability in e-commerce and Direct-to-Consumer channels, identifying it as a key vector of their growth as the threat of a possible third wave is still not away.

Bihar Aquaponics Farm Blazes A Trail

Bihar Aquaponics Farm Blazes A Trail

Rediff.com16 Jul 2022

'Aquaponics can effectively cushion the impact of a calamity like COVID.'

'Investing is a loser's game'

'Investing is a loser's game'

Rediff.com5 Jul 2023

'In investing, you have to first make sure you don't make big mistakes.' 'I would advise small investors to be systematic, don't be arbitrary; don't be on either end of the risk spectrum.' 'Don't go from fixed deposit to option trading or crypto trading.'

Start-ups: How to attract VC funding in 2021

Start-ups: How to attract VC funding in 2021

Rediff.com22 Jan 2021

'We want to look at very strong entrepreneurial teams.' 'I want to focus on a full team and not just the entrepreneur, which is building innovative and amazing differentiated businesses in large markets.' 'We also look at business models that are proven and have reasonably good gross margins, which show that this is where a lot of value is getting built.'

Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Rediff.com27 May 2022

Unacademy may see a funding dry spell for at least next 12-18 months and even last till 24 months and will cut costs to weather the lean period, said the chief executive of the education technology unicorn that recently laid off more than 600 employees. "This is a test for all of us. We must learn to work under constraints and focus on profitability at all costs. We must survive the winter," said Unacademy's co-founder and CEO Gaurav Munjal in a letter to the employees. "Winter is here. We are looking at a time when the funding will dry up for at least 12-18 months.

Coronavirus: India mulls imposing duties on Chinese imports

Coronavirus: India mulls imposing duties on Chinese imports

Rediff.com1 Mar 2020

The issue is set to be discussed early next week as the commerce department meets with industry bodies to discuss the widening supply gap for key imports.

Exports surge 37% to record $37.29 bn in Dec

Exports surge 37% to record $37.29 bn in Dec

Rediff.com3 Jan 2022

The country's exports in December surged 37 per cent on an annual basis to $37.29 billion, the highest-ever monthly figure, government data showed on Monday.

Major issues facing Team Modi

Major issues facing Team Modi

Rediff.com3 Jun 2019

Falling private sector investment and farm distress are problems that call for immediate attention, says T N C Rajagopalan.

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Rediff.com28 Oct 2020

Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.

Exports plunge by record 60.28% in Apr; trade deficit lowest in 4 yrs

Exports plunge by record 60.28% in Apr; trade deficit lowest in 4 yrs

Rediff.com15 May 2020

Imports too tumbled by 58.65 per cent to $17.12 billion in April from $41.4 billion in the same month last year, according to the data by the commerce and industry ministry.

Turnaround man Jason Kothari quits Snapdeal to head Infibeam

Turnaround man Jason Kothari quits Snapdeal to head Infibeam

Rediff.com15 Jun 2018

Infibeam appointed Kothari as president, strategy, corporate development, international operations, and investor relations.

A start-up by IIM, IIT grads to quickly deliver food from restaurants!

A start-up by IIM, IIT grads to quickly deliver food from restaurants!

Rediff.com7 Jul 2015

Swiggy, a Bengaluru-based food ordering and delivery start-up, says it aims to revolutionise this segment.

With $7.5 billion in gross sales, Amazon is India's No 1 e-tailer

With $7.5 billion in gross sales, Amazon is India's No 1 e-tailer

Rediff.com28 Nov 2018

The report, however, did not include sales of Flipkart's subsidiaries Myntra and Jabong.

Walmart CEO Doug McMillon in India to take on Amazon

Walmart CEO Doug McMillon in India to take on Amazon

Rediff.com16 Apr 2019

Besides Jeff Bezos-led Amazon, Walmart-owned Flipkart is also facing a threat from Asia's richest man and RIL chairman Mukesh Ambani, who is also betting big to grab a share of the country's e-commerce market.

How Big Bazaar lost its way online

How Big Bazaar lost its way online

Rediff.com14 Sep 2016

Three years after launching Big Bazaar Direct, Future group CEO Kishore Biyani's enthusiasm for online ventures has been tempered by growth concerns

Rahul a 'VIP kisan', sits on sofa on tractor: Smriti

Rahul a 'VIP kisan', sits on sofa on tractor: Smriti

Rediff.com5 Oct 2020

Speaking to reporters at the Gujarat BJP headquarters, the Union textiles and women and child development minister hit out at Gandhi over his comment that the Congress, if voted to power, would scrap the contentious legislations.

Why PhonePe's fundraising process has hit roadblock

Why PhonePe's fundraising process has hit roadblock

Rediff.com20 Jan 2020

Having grown swiftly since the acquisition of Flipkart by Walmart in 2018, it was looking at a valuation of $10 billion. However, factors such as lack of diversification, new e-commerce and data policies, as well as the overall investment environment, have slowed the process.

More bad news: Core sector output shrinks for 4th month

More bad news: Core sector output shrinks for 4th month

Rediff.com1 Aug 2020

Infra segment, refinery product impacted the most, even as contraction narrows in latest month.

What India Inc wants from Suresh Prabhu

What India Inc wants from Suresh Prabhu

Rediff.com27 Sep 2017

Relax fiscal consolidation, boost public capex and reduce cost of finance, industry tells Centre

Modi's meeting with FM, FinMin officials postponed

Modi's meeting with FM, FinMin officials postponed

Rediff.com19 Sep 2017

Two years ago, India was touted as a rare bright spot in a gloomy global economy with GDP growth outpacing a slowing China.

Jio's game plan: Make India '2G-mukt' and '5G-yukt'

Jio's game plan: Make India '2G-mukt' and '5G-yukt'

Rediff.com24 Jun 2021

Reliance Jio, together with partners, has tested its 5G solutions in India, successfully demonstrating speeds of over 1 GBPS, and its 'Made in India' solution is "globally competitive", RIL chairman Mukesh Ambani said on Thursday. Ambani also exuded confidence that the company will be the first to launch full-fledged 5G services in the country. Jio is not just working to make India '2G-mukt' (free from 2G) but also '5G-yukt' (5G empowered), he added. Jio's engineers have developed a 100 per cent home-grown and comprehensive 5G solution that is fully cloud native, software defined, and digitally managed.

FMCG story slides into slow lane; Britannia bucks the trend

FMCG story slides into slow lane; Britannia bucks the trend

Rediff.com13 Aug 2020

While green shoots are beginning to emerge, with June sales rebounding to pre-Covid levels thanks to a rural revival, most FMCG chief executives have voiced concerns about localised lockdowns that began in July and have extended into August in some states.

Modi has a track record of being a doer: Tata

Modi has a track record of being a doer: Tata

Rediff.com7 Aug 2014

Chairman Emeritus of Tata Sons Ratan Tata termed Prime Minister Narendra Modi as a 'doer' and said he should be given more time.

Consumer goods: How lockdown 4.0 was different

Consumer goods: How lockdown 4.0 was different

Rediff.com8 Jun 2020

From fast food and athleisure to ACs, the demand for several non-discretionary items has spiked since May 17, when Lockdown 4.0 was extended till May 31.

Fundamentals of Indian economy strong, has capacity to bounce back: Modi

Fundamentals of Indian economy strong, has capacity to bounce back: Modi

Rediff.com9 Jan 2020

At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.

Moody's upgrades India rating outlook to positive

Moody's upgrades India rating outlook to positive

Rediff.com9 Apr 2015

The revision was announced before Indian markets opened on Thursday.

Does Paytm have its finger in too many pies?

Does Paytm have its finger in too many pies?

Rediff.com8 Jun 2016

What explains Vijay Shekhar Sharma's optimism when other players have started to tread cautiously is Paytm's huge customer base: It has 120 million users and counting, says Nivedita Mookerji.

Sachin Bansal wants to start a bank

Sachin Bansal wants to start a bank

Rediff.com12 Feb 2020

'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'