15X Growth In Just 3 Years! We’re Talking About India’s Quick Commerce Market

Quick commerce is fundamentally changing consumer purchase behavior in metros and creating delight
MENA Dark Kitchen estimates revised upwards – a $2 Bn+ opportunity by 2025!

Dark Kitchens would account for 13%+ of the FoodTech market in 2025 the penetration would be significantly higher in UAE & KSA
Three Ways To Get More Done In Less Time

Are you also among those who strive to finish your tasks timely? But there’s still a second thought that if you had more time, you could have done it better. To get rid of such thoughts, all you need is a little reboot of your daily work habits. So, let’s get started! Plan Your Day […]
The UAE Pre-owned market is the new market

Buying is seen as a better value-added proposition especially for home and electronics sectors where the estimated duration of use can be higher.
~$250 Bn Opportunity Awaits New Digital-First Brands In India By 2030

Digital brand are finding it increasingly rewarding and have a ~$250 Bn opportunity by 2030
Top 5 skills every consultant must possess

Pursue career prospects as a consultant, having the appropriate skill set is a powerful tool. Career-related skills can be helpful in a position where your duties and clientele frequently change. Gaining proficiency in this skill set can make you more flexible and productive wherever you work. Consultants must develop a few key skills during their […]
Technology Comes to Rescue the Diabetes Capital of the World

Translating to a market size of ~$17 Bn in FY 21, the disease care market is expected to grow to ~$60 Bn in next 10 years
India Diabetes Market Report

Diabetes care market in India is ~$17 Bn in size as of FY21, expected to grow 3X+ to ~$59 Bn by FY31.
India’s Podcast Market – World’s fastest-growing with Immense Potential

Podcast has picked up well in India and already constitute 1% of the total time spent
Leveling up India’s Gaming Market 2021

The gaming market in India is a $2.2 Bn industry, and is projected to grow at ~30% CAGR to reach $7B market — more than 3X in the next 5 years.
3 Hours a Day – India’s Gaming Revolution is Here

Digital Gaming in India has undergone a paradigm shift in the last decade as internet and smartphone access have changed the way Indians consume the internet.
India Online Furniture Market – Ready for ‘digital takeoff’

India’s furniture + home market saw a steep COVID-driven drop to $11.5 Bn in FY21, but is poised for strong recovery post COVID with strong recovery already underway in FY 22
Gated community $ 500B consumption story in 2026

Gated communities are a significant part of India’s consumption story with $200B cumulative spend expected to grow by 2.5X in the next 5 years
Black Friday – $6Bn Online Shopping Event

Black Friday is a critical event in the retail calendar in MENA. This event which was first launched by Souq (now Amazon) as a 3-day online only event has now expanded to over six weeks of Q4. The event has been so popular that ~20% of annual online retail sales happen during the Black Friday sale period.
Key Black Friday Trends:
a. The Market is Stabilizing:
Last year BF season achieved +90% YoY growth; this year YoY growth is expected to stabilize at ~30%; Sales to reach ~$6 bn during BF period.
b. Differentiated Strategies are going to be at play
In terms of strategy, higher focus on private labels, Inventory led fulfilment and fast delivery speed are expected.
c. Consumer is moving beyond discounts
Discounts will become a right-to-play during BF. For right-to-win, other factors such as offer variety and exclusivity and experience will be key.
Travel Market in India, SEA & GCC

The travel market in India, SEA, and GCC is expected to continue growing in the coming years, presenting opportunities for both domestic and international travel companies. However, the ongoing COVID-19 pandemic has had a significant impact on the industry, with travel restrictions and border closures causing a sharp decline in tourism across the globe. India […]
Report on market for “Higher Education Abroad”

Growth in Indian students studying abroad for Higher Education had outpaced domestic student growth by >6x in 2016-19 to reach ~ 770k
~2 Million Indian students would be studying Abroad by 2024

We expect ~2 Mn Indian students to be studying abroad by 2024
Changing paradigm of India’s grocery market

The eGrocery market is set to be sized $21-25 billion by 2025
Entertainment & Advertising | Riding the Digital Wave

India has a diverse and vibrant entertainment industry, with a wide range of options for consumers to choose from. Entertainment consumption patterns in India vary greatly across different regions, cultures, and socio-economic groups. However, there are a few general trends that can be observed. Television is still the most popular form of entertainment in India, […]
#3 Delivery Delight Index

This third edition of Delivery Delight Index has unveiled how digitally native brands are providing a superlative delivery experience on the back of third-party logistics players.
Indian Female Innerwear’s $12 Billion Opportunity

The female apparel market, which stood at USD $25 billion in 2019, is expected to grow up to USD $38-40 billion by 2025.
The rise of Made in India digital content

Diabetes care market in India is ~$17 Bn in size as of FY21, expected to grow 3X+ to ~$59 Bn by FY31.
Indonesia ECommerce Metamorphosis in a post Covid world

Indonesia’s e-commerce market is one of the fastest growing globally and accounts for more than half of the SEA e-commerce market
Indian Shortform video : Ready to leapfrog towards monetization?

Indian E-Grocery: A Promising Opportunity Led By Value-First Users

An exhaustive overseas expansion strategy for India’s leading hospitality chain

A comprehensive benchmarking of 15+ players in the industry to help the client understand the supply-demand dynamics & identify high-growing product segments.
40% Of TikTok’s India Market Captured By Homegrown Apps

Commercial Due Diligence on a social commerce player

A deep dive into India’s retail and eCommerce space from demand and competition perspective was conducted at a category level to assess the TAM and 5 year realizable opporutnity for the Target in terms of topline and bottomline.
40% of TikTok’s India market captured by homegrown apps

The number of Internet users in India set to grow to 970 million from current 600 million in next 5 years, Shortform market is also estimated to grow by 4x on total time spent and reach to 400-450 billion minutes a month from the current ~110 billion minutes.
Dark Kitchens – The Bright Future of Food Services

Pre-COVID estimates of $16bn, the food services market is now estimated at $9bn in UAE as lockdown restrictions suppressed the sector.
Smart clicks to win India’s online groceries & general merchandise basket

E-tailing market in India is expected to reach ~USD 100 Bn by 2023 from USD 24 Bn in 2018
India’s Online Packaged Food, Beverages, Personal Care and Home Utilities Consumer Goods Report

Though the demand for preventive healthcare has soared since the pandemic and startups in the space are striving to ride this tailwind, it is still largely an untapped market. The opportunities are huge for businesses. The report delves into the entire landscape and shares pointers on how to cash in on the opportunities by tapping into emerging technologies.
Online grocery: What brands need to know?

Indian grocery traditionally has been a primarily unorganized market, wherein more than 90% of the market is driven by traditional ‘kirana stores.
Commercial Due Diligence on one of India’s largest retailers

Perspective of consumers and retailers towards digitization in general and towards using Target’s services in particular 4) Growth forecast for market and Target’s share within in basis 1,2 and 3.
Real Money Gaming: India’s New Playground

Online skill-based real-money gaming market in India is estimated to grow to become ~$3.8 Bn by 2024
Commercial due-diligence for a leading global gambling operators to identify potential online rummy platform for acquisition as part of their global inorganic growth strategy

The enagagement helped client identify investment opportunity in online rummy for their inorganic growth in Indian market
Online Higher Education & Lifelong learning – 10x Growth Potential – A $5B Opportunity

How we formulated a winning monetisation strategy for a social media giant

A leading social media and digital ad platform in the MENA region approached Redseer Strategy Consultants to develop a winning commercial strategy that helps the platform monetize their features without interfering the social engagement metrics.
Conduct Due Diligence on the Target and Identify Growth Opportunities for a Leading Private Equity in the Real Money Gaming Market

The objective was to conduct a comprehensive due diligence exercise focusing on the target — an online rummy platform — in the real money gaming market.
Recovery Stories in Consumer, Retail and Internet

However, as the partial and full unlock has proceeded, few of the internet sectors have seen either seen a release of the pent-up demand or a new sector baseline has been set, as some of the newer COVID Induced behaviors remain broadly sticky.
Vietnam Healthcare: New Lifeline in eHealth

Vietnam has very favourable digital enablers and there is a marked shift by the government towards digitizing the entire healthcare ecosystem which seems conducive for the growth of eHealth services.
eGrocery | First COVID & Now JioMart | Part 2

COVID-19 provided a significant push to the eGrocery market as consumers realized the value of at-home access to groceries. In addition to providing convenience, variety & value, eGrocery platforms are now considered to provide safety as well.
Indian EdTech industry analysis: Online education sector to create $ 1.7 BN market by 2022

The 2019 National Education Policy (NEP) which seeks to address these challenges and extend the scope of RTE to students aged 3–18 years, recommended harnessing EdTech through app-based learning, online student communities, and lesson delivery beyond ‘chalk and talk’. Serving as a crucial link between enrolment and enhanced learning outcomes, online education offerings across grades […]
Hypergrowth in eGrocery – The new-age digital playing field

This increase in eGrocery purchases was propelled in part by a significant number of first-time users of online grocery platforms. What is interesting is that consumers depict intent to continue this behavior even after the situation normalizes.
Vietnam Education: Starting a New Chapter?

COVID has created a demand upsurge for online learning and EdTech players have adapted quickly to cater to this demand.
India eHealth – COVID-19 Impact and Way forward

Drive by 3x growth in user base and likely increase in average spends per user especially in prescription drugs and consultations, we are very bullish that the eHealth market is on track to achieve ~300+% growth y-o-y in 2020.
India eCommerce and Foodtech- COVID-19 Impact and Way forward

Orders for leading Foodtech players have dropped by ~80% in the month of April owing safety concerns, WFH being implemented, junta curfews and operations stoppages and collapse in discretionary consumption in Tier 2+ cities.
eGrocery | First COVID & Now JioMart | Part 1

The eGrocery market GMV was mere $0.05 Bn in 2013, but has grown 30x in the last 6 years to reach $1.5 Bn GMV in 2019.
How did COVID-19 impact India Internet and what’s the way forward

In a pre-covid world, India Internet was one of the most attractive markets globally, expected to deliver 30+% CAGR over a 6 year time horizon.
EdTech – COVID Tailwinds – The Time is Now

EdTech companies too have been agile in responding to the crisis by making their offerings free – resulting in almost 2x rise in EdTech users within a couple of months to make the user base to 90Mn in April’ 20
Indonesia Healthcare: COVID injects fresh impetus to eHealth

The Healthcare expenditure has steadily increased in the recent years driven by rising GDP per capita, urbanization and an increase of lifestyle-related diseases such as cancer and diabetes.
Tiki Sendo Merger – Implications for VN eCommerce

Tiki has a high share of captive logistics concentrated in HCM and Hanoi while Sendo fulfils supply though 3PL and has a wider geographic reach – Integrating these logistics capabilities to cross leverage efficiencies could prove challenging.
Vietnam eCommerce: Leashing COVID-19, Unleashing 10X Growth | Part 2

Hanoi and HCM are the supply and demand centres of Vietnam, accounting together for 18% of population and 35% of economic output.
Vietnam eCommerce: Leashing COVID-19, Unleashing 10X Growth | Part 1

Vietnam has been a case study on effective government response to COVID pandemic with aggressive contact tracing, testing, mass quarantining, timeliness, and the efficient mobilization of state agencies.
Indonesian eCommerce- Metamorphosis in a post COVID-19 world | Part 2

2019 saw strong growth in both eWallets and COD transactions, driven by a simultaneous focus on a frictionless experience amongst mature users and a need to onboard first time shoppers as well.
How MENA is shopping post COVID-19?

Lockdown measures have led to growth for e-tail. The growth rate during the lockdown has been ~20% by order volume and ~40% by value resulting in annualized GMV of $11 Bn.
Can Online Content Platforms win the customer retention battle post COVID?

Online Content sector has seen an overall positive uptake during COVID.
Indonesian eCommerce- Metamorphosis in a post COVID-19 world | Part 1

In a pre-COVID world, we forecasted Indonesian eCommerce to cross triple digits GMV by 2025
COVID-19 Pandemic; E-tail the lifeline of MENA

Grocery is the hottest category with 300%+ jump in daily order volume
The Rise of US $50 Billion e-Baazar

The e-tail market in India has also experienced significant growth in recent years, with the rise of e-commerce platforms and the increasing adoption of online shopping. The growth of the e-tail market in India has been driven by several factors, including the increasing use of smartphones and the internet, the availability of affordable data plans, […]
Ramadan and Covid-19 Pandemic; an ordeal for retail

E-tailers generate ~25% of their annual GMV during Ramadan time, which when compared with White/Yellow Friday sale, stands at ~5%. Brands also realize the importance of Ramadan where many engage in activities such as launch of new products, new services, bundling of offers. A third of their annual marketing budget is spend in promotion of the same.
eHealth in the time of Covid-19

140 Mn eHealth ready households will provide an addressable opportunity of $35 Bn by FY25
Guiding leading e-Pharma company through its customer journey

The objective was to help a leading eHealth platform study the relative satisfaction of its consumers vs the leading competitors, in terms of pricing, quality, availability of products, delivery time, variety of offerings, customer service
OTT Audio platforms tuning into profitability

In India most users are likely to switch to a paid OTT audio subscription, only if the charges are ~INR 25 per month
Vernacular is NOW, not the future A $300 Bn Opportunity Today

Originals Becoming Mainstream In OTT World

Ease of content consumption coupled with affordable smart TVs will lead to shift in user time from DTH to OTT
What did March 2020 mean for India’s E-commerce and Hyperlocal sectors

India’s USD ~29 Bn E-tailing market (2019 annual GMV) was significantly impacted by the lockdown in March last week, as seen by a precipitous drop in GMV/transactions for the platforms vs 1st week of March.
Sector due diligence for a global VC, leading to a major investment in an Indian OTT platform

To carry out the due diligence we evaluated the sector feasibility & built a comprehensive analysis on the monetization & growth potential to validate the investor’s hypothesis.
What did March 2020 mean for India’s E-commerce and Hyperlocal sectors

India’s USD ~29 Bn E-tailing market (2019 annual GMV) was significantly impacted by the lockdown in March last week, as seen by a precipitous drop in GMV/transactions for the platforms vs 1st week of March.
Understanding the opportunities in RTE/RTC market in India and helping client with building their GTM strategy for the space

Comprehensive landscaping of RTE/RTC, organic foods and soupy noodles market in India including overall market size, growth potential, key players in the category and key trends in the market
Newsletter : Indian ‘E-Health’ at a tipping point

Healthcare industry is supported by a complex supply chain with multiple providers, providing out-patient & in-patient care to consumers
All roads Lead to Kirana

1. India has 15+Mn Kirana stores that face four big challenges in daily operations- each of which is a massive opportunity for tech start-ups Indian retail market is marked by the presence of 15Mn Kirana stores which has penetrated into the nook and corner of the country. However, this traditional distribution structure is highly fragmented leading […]
Designed digital strategy blueprint for a confectionary business

Assessment of market dynamics of key online grocery platforms such as Bigbasket, Grofers, Amazon Pantry and Flipkart to assess the growth potential of overall online grocery and online potential of key impulse and non-impulse food categories
Short-form: Rising amidst cluttered content space

Short-form video has emerged as a popular format for content consumption in India in recent years. With the rise of affordable smartphones and high-speed internet connectivity, a large number of people in India now have access to online video content. Platforms like TikTok, Instagram Reels, and YouTube Shorts have gained significant traction in India, offering […]
Market report on Indian eHealth market covering business models, stakeholder view and sustainability

Overview of the healthcare space in India, current & future market estimates, key drivers of growth including the recent govt. initiatives
Competitive benchmarking of all the major eHealth players in India

The objective was to help a leading eHeatlh platform understand how it is performing vs the leading competitors
Indian E-Pharma – A Promising Vertical-led Market

Overall India e-mobility is slightly ahead of food tech in # orders/trips, with newer mobility models driving the growth
MENA gearing up for Ramadan – Fashion insights

1. Fashion shopping in Ramadan peaks during Eid week Fashion is the most exciting retail category, when it comes to Ramadan shopping in MENA. Excitement levels for clothing are high throughout the festival season, however it peaks during the Eid week. When this trend was studied at country level, UAE and KSA followed the same […]
Middle East Online Retail comes of age (Part 2)

1: Niche models gain traction Noon and Amazon have emerged as the key players in the online marketplace in the region. However, niche players have also emerged who either have a specific focus on customer segment, category or business model. Some niche marketplace examples are around grocery, value focussed, pre-loved fashion and gifting: 2: Electronics continues to […]
Identifying innovative opportunities for edtech entrepreneurs

An exhaustive database for established institutes was created along with multiple in-depth discussions with investors to understand the market dynamics.
Middle East Online Retail comes of age in 2019

Insight 1: Fast-paced etailing market growth in 2019 Online retail market grew at a fast pace this year compared to last few years – greater than 35% this year compared to ~25% annually over the last few years.
Long-range strategic plan for top education credential evaluator

We understood the addressable opportunity in the academic credentials evaluation market and prioritised key geographies by tracking the migrant student countries of origin and destination.
A closer look at On-Demand Home Services

Overall India e-mobility is slightly ahead of food tech in # orders/trips, with newer mobility models driving the growth
Home Services Market Updates

‘Convenience’ ranks much ahead of ‘price’ as the main reason to avail on-demand home services Published on: Dec 2019 Compared to many sectors, on-demand home services has a high share of ‘convenience seeking users’ Which is likely to enable players to rationalize pricing and driving better unit economics in the long run Home services consumers […]
Organized Grocery Retail In India

Of India’s retail basket, Food & Grocery (F&G) category comprising fresh fruits & vegetables, packaged food, personal care & home care and utilities is a significant 65% ($525 Bn) of the wallet spend whilst the organized share is marginal, at lowest penetration factor of 3.6% contribution.
November Online Festive Sales Expected to Soar

There are four key insights that we want to highlight from our study: Published on: Nov 2019 Customer excitement for the November sales season in both UAE and KSA is at its highest with 90% of digitally active customers showing interest in this year’s sales season. November Festive days online GMV is expected to clock […]
Omnichannel adoption across major retail categories in India

1. The omnichannel adoption journey includes both experiential technologies along with basic features and restructured business models Published on: Nov 2019 Omnichannel adoption is facilitated by the implementation of certain features, technology and restructuring in one’s business model that enables the integrated approach across channels. Across businesses, inventory integration becomes a major need for omnichannel […]
Omnichannel is not the Future in the Middle East

By Sandeep Ganediwalla
Retail 3.0 : The emergence of the omnichannel

1. Organized B&M is expected to grow at a CAGR of 20% while online retail is expected to grow at a CAGR of 35% till 2022 Published on: Nov 2019 Organized retailers have gradually expanded into several categories and no longer stick to just one format or product offering. They have been leveraging their brand […]
Vietnam etailing: Decoding growth and structure

Vietnam formal online retail is ready for 10x growth in 6 years Published on: Nov 2019 Growth will slowly taper down as we move into the later years as 1) the digitally mature customer base will be already be shopping online and 2) companies would need to drive growth through tier2+ regions/long tail categories + […]
Go-to-Market strategy in EdTech for India’s largest online vernacular content platform

We conducted 2000+ student and parents survey and 100+ supplementary education providers interviews in India to build the customer persona.
Online Fashion Market in India

Buy Full Report 1. The Fashion market is growing at a CAGR of 11% with online fashion growing the fastest, at a CAGR of ~32% Published on: Nov 2019 Consumers across India have been gradually veering towards organized and online retail. Organized retail has been driven by the wide network of stores of brands across […]
A look at the Budget Hotel space and the Digital Book Keeping apps.

Budget and Mid Market hotels will continue to dominate India’s lodging space Published on: Nov 2019 Travellers are gradually shifting towards experiential and adventurous stays which are offered by homestays and hostels Expected to witness the highest growth Digital book-keeping apps have managed to gain strong adoption and regular usage amongst SMEs New age book […]
Organized Grocery Retail in India

Modern Retail in India is on the growth trajectory driven by consumer’s shopping behaviour and re-aligned focus of retailers Published on: Nov 2019 Private consumption, currently at 59% of GDP will continue to be the main driver of growth, growing at a robust CAGR of ~11% between 2018 and 2023. Merchandise retail accounts for 49% […]
The 3A’s shaping the food service market of UAE

Published on: Nov 2019 Food service market of UAE is ~$ 15 Bn in size. The market took a hit in revenues during early 2018 due to implementation of VAT, but the sector is back on track to provide a stellar performance going forward. We expect the key drivers to be – 1. Increased adoption […]
The future is bright for online fashion and car classifieds

1. Once-small online fashion/beauty category on track to exceed USD 7 Bn in GMV in 2019 and USD 25 bn by CY22 Published on: Oct 2019 Women fashion growing faster and ethnic clothing compared to footwear and other accessories – case of democratization of user base Super-verticals growing at 100%+ due to differentiated offerings, fast […]
Indian Niche Food Brands

1. Niche food brands are gaining traction among the educated urban and semi-urban youth in India Published on: Oct 2019 The niche packaged food industry is pegged to grow at ~16.5% to reach USD 59 Bn by 2022 from USD 37 Bn at present. Unlike the previous decade, this time these niche brands, or ‘challengers’ […]
Festive sales 2019 off to a strong start and other key internet trends

E-tailers have achieved $ 1.8 Bn sales in first 3 days of the sale, on track to have a highly successful sale event Published on: Oct 2019 First three days of festive sales see a strong start, with mobiles and other electronics driving growth A significant share of transactions from smaller city consumers lead to […]
What does the 2019 e-tailing festive season have in store?

E-Tailers on track to sell USD ~3.7 Bn of goods during festive event 1- up 60-65% y-o-y Published on: Sep 2019 Key drivers of growth to be an expansion in online shoppers who will likely shop across categories (even beyond mobiles) Compared to business as usual days, we expect that e-tailers will likely see a […]
How small and large internet sectors are driving adoption and profitability

1. E-Tailers on track to significantly reduce cash burn over next few years Published on: Sep 2019 Cash burn expected to drop significantly for e-tailers over next few years Biggest levers supporting the trend are the rapid growth of higher-margin categories (vs mobiles) and improved supply chains to rationalize costs 2. Challenges and opportunity to […]