Bain

Growing at a compound annual growth rate (CAGR) of 20 percent between 2019 to 2024, the market scaled to $60 billion last year, and is projected to reach $170–$190 billion by 2030, the report said.

Growth in India's $60 billion e-retail market halved to 10% in 2024 amid consumption woes: Flipkart-Bain report

Despite the near-term macroeconomic headwinds, the long-term prospects of this market remain strong. India’s e-retail market is expected to scale to $170–$190 billion by 2030, growing at over 18 percent annually, the report said.

Piramal-Bain sponsored fund set to acquire ICICI Ventures-backed specialty chemicals maker for $125 million

Anthea manufactures chemical intermediaries used in flavours and fragrances and has an in-house R&D centre in Navi Mumbai

Aavas Financiers: EQT, CVC Capital & Bain in the fray as promoters Kedaara, Partners Group explore full exit

In February 2016, a Kedaara-Partners JV acquired Aavas Financiers Ltd. Incidentally, both the promoters, Kedaara Capital and Partners Group, have diluted part stake earlier in the year via the block deal route.

Bain-Backed Adani Capital hires Rakesh Das as chief credit officer

Rakesh Das, who joined last week, will oversee the non-bank financial company’s credit practices, said the people, asking to be unnamed because they aren’t authorized to speak publicly about it.

D2C fashion and lifestyle market to touch $10 billion by FY28

The growth of digital disruptors will be primarily driven by Gen Z and millennials, who have a high propensity to buy fashion online.

VC funds flow to startups dries up 25% in first quarter of 2023, says KPMG

The latest figure was also the joint-lowest since the second quarter of 2018, when Indian startups raised $1.7 billion.

Bain & Company partners with ChatGPT-maker OpenAI

Bain will combine its deep digital implementation capabilities and strategic expertise with OpenAI's AI tools and platforms, including ChatGPT, to assist clients around the world in implementing the value of AI to maximize potential, it said. Coca-Cola is the first company to engage with the new alliance, it added

Blackstone in talks with Bain to sell $480 million stake in top Indian REIT: Report

A deal would mark U.S.-based Bain's first REIT investment in India where office space is drawing in investors as many workers have returned to offices with the waning of the COVID-19 pandemic. For Blackstone, it would mean a further selldown of its Embassy stake as it adjusts its portfolio.

Indian fintechs face a tough 2023 as investments cool, Bain says

Investors into the country’s fintech space that has drawn heavyweights from Warren Buffett’s Berkshire Hathaway Inc. to Masayoshi Son’s SoftBank Group Corp., in the past few years, are getting more diligent as global financial conditions tighten. That has intensified the competition for capital, Pozhath said.

India online marketplace sales to jump over three times to $350 billion by 2027: Report

Of the cumulative funding of around $30 billion attracted by marketplaces between 2018 and October 2022, B2C e-commerce, B2B e-commerce, and online food delivery accounted for almost 60 percent

Bain-backed $44 billion wealth manager is bullish on India REITs

IIFL Wealth Management Ltd. is recommending its clients allocate as much as 10% to the hybrid investments, co-founder and joint Chief Executive Officer Yatin Shah said in an interview.

In 2020, VC exits fell 70% while SaaS matured: Report

Venture capital exits fell 70% in 2020- a result of the pandemic, but SaaS emerged as a rapidly maturing space for startups.

BGH, Bain, Indigo Partners, Cyrus Capital make Virgin Australia shortlist: Source

The airline's administrators expected to receive as many as eight non-binding indicative offers from potential buyers before a submission deadline on Friday.

Finance sector continue to dominate offers in IIM-C placements

The entire process was completed with 100 per cent placement for the batch within three days, which witnessed a total of 474 top notch offers including significant number of international offers.

In pursuit of profit, Air India shortlists 3 consulting firms

McKinsey, Bain, and EY are in contention for a contract to chart out a business strategy for the loss-making national carrier.

Crompton may sell part stake in demerged consumer pdts biz

Crompton Greaves on Thursday had announced the demerger of its consumer products business unit into a separate company

Mphasis management preparing bid to buy out HP stake

IT major Tech Mahindra too is said to be in race for HP stake in Mphasis.

Lanco Infra in talks with PEs to raise upto USD 750 mn

Lanco Infra is in talks with a private equity firms to raise upto USD 750, reports CNBC-TV18's Kritika Saxena quoting sources.

Shome panel to decide tax liability of Bain Genpact deal

The Shome Committee's recommendations on the Section 9 retrospective amendment will determine the tax liability of the Bain Genpact deal.

Lilliput Kidswear promoter writes to banks: Sources

In a fresh round of communication, Lilliput Kidswear’s promoter has written to banks seeking appointment of two new auditors for re-audit. The promoter has once again refuted the allegations made by PE investors Bain and TPG, assuring the banks of returning dues in time, reports CNBC-TV18's Siddharth Zarabi.

Burberry steps up investment as luxury booms

Burberry is stepping up spending on new stores and upgrading existing ones to cash in on a boom in spending on luxury goods, it said on Thursday, as it met forecasts with a 39% leap in annual profit.