EP Briefs | The Economic Post | The Economic Club of India Zepto, a rising force in Indian quick commerce, surged to 32% market share, doubling revenue annually to cross Rs 2,000 crore in FY23. Despite losses, optimism persists for profitability, driven by improved metrics and strategic initiatives | Instamart’s market share has slipped to 32% as of January this year, from 36% last year and 52% in 2022. #ecommerce #Zepto #Instamart | Catch the day's latest news here ➟ https://lnkd.in/esxc8XCG
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Inspired by Mahatma Gandhi’s wisdom, “Be the change you wish to see,” we bring you India's 1st AI-driven lens–Growth Ka Chashma. It's time for you to “Spot the growth you want to see in your portfolio.” Just click a pic of any object around you with the #GrowthKaChashma Scan for Growth 👉 https://bit.ly/3TIRl6D, and our solid-research backed innovation will give you stocks and sectors matching your click! Don't forget to share this cool new idea with your friends and family. #GandhiJayanti #ArtificialIntelligence #SolidResearchSolidAdvice
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The increased sale of Rakhis through quick commerce highlights the deepening impact of capitalism in India. Festival products hold significant cultural and economic value for many small and medium-sized businesses (SMBs) in the country. However, the control over pricing and distribution shifting towards delivery platforms raises concerns about the future of India's SMB and hyperlocal sector. Simply boasting about sales figures without acknowledging the broader implications is an incomplete narrative. While the convenience for consumers is evident, the broader societal impact of this shift warrants a closer examination.
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𝗠𝗕𝗔 𝗼𝗿 𝘄𝗼𝗿𝗸 𝘄𝗶𝘁𝗵 𝗚𝘂𝗷𝗷𝘂? Hocco 𝗜𝗰𝗲 𝗖𝗿𝗲𝗮𝗺: 𝗔𝗻 𝗲𝘅𝗮𝗺𝗽𝗹𝗲 𝗼𝗳 𝗮 𝗚𝘂𝗷𝗮𝗿𝗮𝘁𝗶 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝘆! 🤑 Gujaratis are probably one of the most successful trading or business communities in India. Over the generations, Gujarati businessmen have got the better of Ivy school MBA graduates in business deals and business battles. One such example is Hocco Ice Cream. 🍨 Hocco Ice Cream was started by Gujarat’s in 2023 by Ankit Chona. They have already crossed the sales target for the next 2 years in less than 1 year. Chona family in the past owned Havmor Ice Cream. They sold the business to South Korea’s Lotte for ₹1020 crores. Hocco has recently raised money at a ₹600 crore valuation and aims to reach ₹200 crore in revenue. 💡Chona family and Hocco used 3 strategies to scale their business in just a few months: 1️⃣ Instead of entering any other business, the Chona family stuck to the ice cream business and their home state of Gujarat because it is their core competency. 2️⃣ Indian consumers have been tired of seeing and eating the same brands of ice cream for decades which led to brand fatigue. Hocco kept its design modern and minimal to attract a new generation of consumers. 3️⃣ Hocco is also trend-jacking the popularity of quick commerce to sell their ice creams in cities where Hocco doesn’t have a physical presence. The success of Hocco Ice Cream demonstrates the power of focused expertise, modern branding, and innovative distribution. Whether you choose to pursue an MBA or work with visionary entrepreneurs like the Chonas, the key is to leverage your strengths and adapt to market trends. Let's share your thoughts in comment. #businessmind #businessstrategy #gujarat
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May This Vishu Occasion Herald Growth & Prosperity! HAPPY VISHU🏵️🌞 Kikstaart Growth Hub - Your Partner in Growth #Vishu #growthmarketing #kikstaartgrowthhub #growthhub #kikstaart #growthhacking #digitalmarketing
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🏘️India's Real Estate Sector: Key Factors Driving Growth 🇮🇳India's real estate sector is experiencing dynamic growth driven by several critical factors: 1️⃣Government Initiatives: Initiatives such as the Pradhan Mantri Awas Yojana (PMAY) for affordable housing are pivotal in stimulating market demand. 2️⃣Infrastructure Development: A significant allocation of ₹11 Lakh Crore by the Union Government is set to boost real estate, enhancing urban infrastructure and connectivity. 3️⃣Regulatory Framework: The Real Estate (Regulation and Development) Act (RERA) serves as a game changer for consumers, ensuring transparency and protecting buyers' interests. 4️⃣Technological Advancements: The adoption of technology is improving efficiency in transactions and record-keeping, making the real estate process smoother and more reliable. 5️⃣Evolving Customer Preferences: Rising GDP per capita is increasing the demand for affordable yet quality housing, reflecting changing consumer preferences for integrated living spaces. These factors collectively contribute to the robust growth trajectory of India's real estate market, making it a promising sector for investment and development. Source: ET Edge __ What are your views on the Indian Real Estate Market? Let us know your thoughts below! 😎Stay tuned with Stoxkart for more insights and updates on India's evolving shipbuilding landscape __ 💥 Here's what to do next: 🤍Like this post if you're excited about becoming better at trading 💾Save this post for reference as you become a better version of you ✈️Share this with everyone who wants to earn money from stock market And Follow Stoxkart for more content around Stock Market #realstate #StockMarket #InvestmentInsights #stoxkart #stoxkartkiyakya #tradingkiartstoxkart
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What are your views on the Indian Real Estate Market? Let us know your thoughts below!
🏘️India's Real Estate Sector: Key Factors Driving Growth 🇮🇳India's real estate sector is experiencing dynamic growth driven by several critical factors: 1️⃣Government Initiatives: Initiatives such as the Pradhan Mantri Awas Yojana (PMAY) for affordable housing are pivotal in stimulating market demand. 2️⃣Infrastructure Development: A significant allocation of ₹11 Lakh Crore by the Union Government is set to boost real estate, enhancing urban infrastructure and connectivity. 3️⃣Regulatory Framework: The Real Estate (Regulation and Development) Act (RERA) serves as a game changer for consumers, ensuring transparency and protecting buyers' interests. 4️⃣Technological Advancements: The adoption of technology is improving efficiency in transactions and record-keeping, making the real estate process smoother and more reliable. 5️⃣Evolving Customer Preferences: Rising GDP per capita is increasing the demand for affordable yet quality housing, reflecting changing consumer preferences for integrated living spaces. These factors collectively contribute to the robust growth trajectory of India's real estate market, making it a promising sector for investment and development. Source: ET Edge __ What are your views on the Indian Real Estate Market? Let us know your thoughts below! 😎Stay tuned with Stoxkart for more insights and updates on India's evolving shipbuilding landscape __ 💥 Here's what to do next: 🤍Like this post if you're excited about becoming better at trading 💾Save this post for reference as you become a better version of you ✈️Share this with everyone who wants to earn money from stock market And Follow Stoxkart for more content around Stock Market #realstate #StockMarket #InvestmentInsights #stoxkart #stoxkartkiyakya #tradingkiartstoxkart
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There are still VC investments happening in the traditional namkeen and bhujia brands. There are tens of brands - some very large national as well such as Bikanervala and Haldiram. There are listed players also. Why are private investors still interested? Is it just FOMO by investors??? The market is growing at 10-12% - not extraordinary growth. Its hyper competitive. The affluent segment is moving to healthier options. Its very difficult for regional players to become national because of the change in tastes/ textures etc as they move out of their home area... What am I missing?
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Rural economy in India will have to grow to USD 4 trillion if India has to be a USD 10 trillion economy by 2034. This creates massive value creation opportunity for not just consumer brands but distribution enablers like logistics, warehousing, etc. Krishnan has highlighted some key features like distributed population because of which businesses will need to quickly experiment with and adopt technologies and new business models to efficiently serve deep rural markets with fragmented demand. Thank you Krishnan Sundaram for your insights. Some of our startups like Tusker (Amit Akkihal, Sharath Chandangoudar) and Citrus (Biplob Barik, Ricky Goyal) have a strong value proposition and are driving significant value creation opportunities. Pankaj Bansal Karann Mittal Danish Dogra Caret Capital
Rural India is Ready for Category Creation and Habit Building "Rural India presents a ripe opportunity for category creation and habit building, with increasing connectivity and consumer consciousness. Challenges like scattered populations and scale issues persist, yet brands can leverage new commerce models and logistics innovations to tap into this vast market. As rural consumers evolve, businesses must tailor their strategies with precision, conducting immersive research, utilizing vernacular communication, and understanding rural perspectives to effectively reach and influence this dynamic demographic" - an interview with Krishnan Sundaram, Founder — Chrysalis Consulting. Read the full article here - bit.ly/4aLbwHf See the full interview here - bit.ly/3xq0gBL Pankaj Bansal, Prajakt Raut, Ritika Singh. #supplychain #logistics #SupplychainVCfund #VCFund #Valuechain #talentmanagement #innovation #manufacturing #manufacturingefficiency #manufacturingtech #manufacturingtechnology #indianlogistics #indianmanufacturing
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Are Indians Brand Loyal? As the CEO of Heatz Brand, I’ve had the privilege of observing firsthand the incredible brand loyalty that exists among Indian consumers. In India, brand loyalty is deeply rooted in value and trust. When a brand offers the right product that meets consumers' needs at the right price, they are more than willing to buy it. Once they experience the quality and reliability of a product, they are likely to stick with the brand and even upgrade to higher-end products from the same brand over time. This loyalty is not just a testament to the product's quality but also reflects the trust and connection that the brand builds with its customers. For companies, this means that investing in understanding and meeting customer needs can lead to a loyal and growing customer base. At Heatz Brand, we work hard to make products that not only meet but exceed your expectations. We want our customers remain satisfied and engaged with our brand for the long term. By providing great value and building strong relationships, we aim to keep our customers loyal and continue growing and innovating. #Heatz #BrandLoyalty #Innovation
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Behold the Great Indian Consumer trifecta! Highly recommended for every founder, marketer or just a wide eyed enthusiast looking to build a consumer-centric business in India! It does not matter what segment of this ginormous market you are looking to win in; Your understanding of the replete-with-contradictions Indian consumer would remain unfulfilled if you haven’t gone through these 3 books. 1. It happened in India📘 by #KishoreBiyani - From someone who introduced millions of Indian consumers to an brand new way of “consumption” 2. The CEO factory📕 by Sudhir Sitapati - From someone who distilled HUL’s decades worth of rich consumer knowhow into a flask you can take potent swigs from (Privileged to have known and worked with a few folks who've graduated from what they refer to as ‘Sudhir’s school of marketing’. Had the honor of going through a 4-hour masterclass with him a couple of years back, not sure if the great man even remembers it) 3. Liliput Land📗 by #Rama Bijapurkar- From someone who has made statistics a form of art! A recent find that is eye-opening in its updated statistical representation of the Indian consumer pyramid. Your definition of what your TAM truly is, will take a tailspin once you spend hours going through this one!
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