Author name: Megha Sethia

CFA Level 1 Candidate and an MBA student looking to explore the world of finance.

NinjaCart – Delayering the Agri Supply Chain

NinjaCart, an agritech startup, creates a direct link between framers and retailers by leveraging technology and an efficient supply chain to handle the perishable commodity (fruits & vegetables). The startup operates in a segment that has a market potential of $12 billion.

E-Commerce Trends

The Indian e-commerce sector has mushroomed as one of the fastest-growing sectors in the country, with an expected CAGR of 19.6% between 2019 and 2023, reaching INR 7 trillion by 2023.

Anupam Rasayan India Ltd – IPO Note

Anupam Rasayan, established in 1984 is a leading company engaged in custom synthesis and manufacturing of specialty chemicals. It has launched its initial public offering (IPO) on March 12, 2021 at a price band of Rs 553-555 per share. The offer will be available for subscription till March 16, 2021.

Rise of Muthoot Finance

Muthoot Finance is India’s largest gold finance NBFC which commenced gold loan business in 1939. The company has a pan-India presence with 60% of its branches in South India. With the growing profitability and assets under management, Muthoot Finance has seen its highest growth in the financial year 2020. According to KPMG, the Indian gold loan market is to grow at CAGR 13.4 per cent between financial year 2018 to 2022 and reach $46 billion in the financial year 2022.

Rise of Plant-Based Milk Market in India

Plant-based milk is extracted from sources such as soy, almonds, coconuts, oats, rice.

With the increase in adoption of veganism, there is a growing demand for plant-based milk products across India.

According to Businesswire, Indian dairy alternative market stood at $20.9 million in 2018 and is projected to grow at a CAGR of 20.7% to reach $63.9 million by 2024.

Soy milk and Almond milk are the two most consumed segments. Also, the northern region of India accounts for about 40% of the plant-based milk consumption in the country.

The brands widely available in India include – Sofit, So good, GoodMylk, Nutriva, Raw Pressery, Urban Platter, Epigamia.

Read the article to understand the reason for the growth of non-dairy alternatives, market overview along with offerings of various players in the segment.

Jumboking: “The Indian Burger”

Of all Mumbai’s street food options, vada pav has been the favourite of all as a grab and go snack. Dheeraj Gupta, the Founder and Managing director of Jumboking, a quick service restaurant chain has positioned vada pav as the ‘Indian Burger’. Started in 2001 with an initial corpus of ₹2,00,000, the company currently has 114 franchise outlets in India serving different variants of the vada pav. Jumboking is a food retail chain in a bid to organize the unorganized market and grow via franchising. It leverages technology to ensure replenishment of buns and patties along with focus on standardization across outlets.
Read the article to know more about the journey and business model of the company that has sold 100 million vada pavs across the country.