UrbanClap operates in India’s largest online home services marketplaces. The addressable market is significant and the total home services market is estimated to be $65Bn across India. UrbanClap offers both Standard Services like (i) plumber, electrician and carpenter (PEC), (ii) beauty, (iii) appliance repair, (iv) pest control, (v) cleaning, (vi)Continue Reading

Consolidation in the e-commerce sector seems to be picking up pace, with 21 mergers/acquisitions in 2015 versus 9 in 2014. The industry could see more such transactions going forward, as fresh funding declines. However, we still see pockets of growth for Indian e-commerce, primarily in the mobile software, gaming andContinue Reading

Increasing instances of e-commerce companies scaling back operations due to limited funding availability highlight that all is not well in the start-up world. We expect lower PE/VC funds availability to manifest in three ways: (1) shutdown of companies with high cash-burn amid lack of fresh funding, (2) acquisition of weakContinue Reading

Zomato recently changed its strategy to focus on monetization vs. the previous strategy of traffic building. Zomato currently operates in 23 countries, of which it is traffic leader in 18. However, traffic levels have reached the critical level in only 12 countries, while other markets are still evolving. The companyContinue Reading

India’s Fandango Bookmyshow (BMS) is one of the earliest entrants in the internet space, the company launched its online ticketing platform www.bookmyshow.com in 2007 and subsequently launched the Mobile App as well. Bookmyshow has ~90% market share in the online movie ticketing segment in India. In FY15, 4bn movie ticketsContinue Reading

VC Circle hosted India Internet eCommerce Forum in Mumbai and here are the key takeaways from the meet. Horizontal vs Vertical Online Retailing in India Vertical specific platforms will have enough time (2-4 years) before it will start facing competition from the Horizontals. While eventually consolidation will set in, theContinue Reading