Tag: RA
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Surge in Luxury Sales as Affluent Indians Indulge
Sales of luxury brands such as Louis Vuitton, Christian Dior, and Hermes soared as affluent Indians increased their spending on high-end products, amassing ₹1,400 crore in sales for the fiscal year ending March 2024. Despite lower frequency of purchases, consumers are opting for more expensive items. Overall, the outlook for India’s luxury goods market remains…
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Stellaris Venture Partners Launches $300 Million Fund for Early-Stage Tech Startups
Bengaluru-based Stellaris Venture Partners has unveiled its largest fund of $300 million to invest in early-stage tech startups, primarily at seed and Series A stages. The firm aims to back 25-30 companies over the next three years, highlighting a strategic focus on innovation in India’s burgeoning startup ecosystem. The fund will elevate Stellaris’s assets under…