Ashwin Manikandan
Company News Correspondent at Reuters
Reporter @Reuters. Previously @MorningContext @EconomicTimes. Views are personal//๐ดโช//
Articles
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4 weeks ago |
insideretail.asia | Ashwin Manikandan |Rashmi Aich |Celene Ignacio |Irene Dong
Indiaโs quick commerce sector accounted for over two-thirds of all e-grocery orders last year, with its total market share growing about five times to $6-7 billion from 2022, a report by consultancy firm Bain and e-commerce giant Flipkart showed. The industry, which is dominated by the likes of Zomato-owned Blinkit, also accounted for a tenth of overall e-retail dollars spent in 2024, according to the report released on Wednesday.
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1 month ago |
kfgo.com | Ashwin Manikandan |Haripriya Suresh
By Ashwin Manikandan and Haripriya SureshNEW DELHI/BENGALURU (Reuters) โ Indian fintech firm Pine Labs is planning a domestic initial public offering in the second half of 2025 and is undeterred by the current weak market conditions, chief executive Amrish Rau said.
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1 month ago |
msn.com | Ashwin Manikandan |Haripriya Suresh
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select โI Acceptโ to consent to these uses or click on โManage preferencesโ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago |
kfgo.com | Ashwin Manikandan |Haripriya Suresh
By Ashwin Manikandan and Haripriya Suresh(Reuters) โ Bessemer Venture Partners, an early backer of Swiggy, has raised $350 million for an India-focused fund to invest in AI-enabled businesses, fintechs and direct-to-consumer brands among others, the company said in a statement on Wednesday. The United States-based venture capital firm said it will allocate this fund from mid-2025 to continue making fresh bets in young Indian businesses.
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1 month ago |
shorturl.at | Siddhi Nayak |Ashwin Manikandan
A customer checks gold ornaments at a jewellery shop in the old quarters of Delhi, India, May 24, 2023. REUTERS/Anushree Fadnavis/File Photo MUMBAI/NEW DELHI, March 6 (Reuters) - India's central bank plans to ask lenders to follow stricter underwriting processes for gold loans and monitor the end-use of funds as it tries to cool growth in the fast-growing segment, seven people, including industry sources and those aware of the regulator's thinking, said.
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Declan Rice โค๏ธ
SCOOP: India's central bank soon set to tighten norms around gold loan underwriting, KYC and disbursals, after a year long review process uncovered a slew of unethical practices by lenders and agents. With @siddhiVnayak for @Reuters. https://t.co/fVgOAygkia