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Event Date |
Fri Mar 20 IST (over 4 years ago)
In your timezone (EST): Thu Mar 19 11:00pm - Fri Mar 20 6:30am |
Location |
Four Seasons Hotel Mumbai
1, 136, Dr E Moses Rd, Gandhi Nagar, Upper Worli, Worli, Mumbai, Maharashtra 400018, India |
Region | APAC |
Domestic consumption has been the driver of Indian economic growth for several years. So when structural issues in the country including insufficient growth in employment and slower redistribution of wealth to a wider mass led to the consumer sector catching cold it is natural to see the economy sneezing with severe slowdown.
But this has not dissuaded private investors from looking at the longer term horizon. Private equity and venture capital firms have been gung ho with their bets in the domestic consumption story.
Overall, PE and VC firms invested $4.1 billion across 300 consumer companies in 2019 to date, up 10% over 2018, according to VCCEdge, the data research platform of Mosaic Digital. Dealmaking in consumer discretionary space that comprised 85% of the total money flowing into consumer companies and 75% of the firms that attracted private capital continue to lead investments in the sector.
2020 Speakers
Manish Taneja
CEO & Co-Founder, Purplle
Tanvi Malik
Co-Founder, FabAlley
Varun Alagh
Founder & CEO, MamaEarth
Vikram Bhatt
Founder & Director, Enrich Hair & Skin Solutions Pvt. Ltd