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These brands are allocating substantial portions of their marketing budgets to qcom, which has become a preferred avenue for growth.
Beauté Secrets, a Gurugram-based beauty tools brand, recently raised ₹1.6 crore from Velocity, a financing platform backed by Peter Thiel's Valar Ventures, to expand its operations on qcom platforms and introduce new products to its lineup.
“We have just begun leveraging qcom, and we are already seeing remarkable results in such a short time,” said Harika Aneja, co-founder of Beauté Secrets.
The qcom sector in India is currently valued at around $5.5 billion and is projected to grow at a compound annual growth rate of 45 per cent, reaching $30 billion by 2029-2030, according to industry estimates.
Qcom's secret sauce for success
Denne historien er fra October 21, 2024-utgaven av Business Standard.
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Denne historien er fra October 21, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Flls unlikely to return to India soon as China lures
Incremental foreign flows may stay with China in short to medium term: Analysts
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Adani Green, BHEL, Airtel turn attractive in sharp market fall
The sharp fall in stock markets since the September 2024 peak has made valuations attractive for a number of stocks in the large, mid, and smallcap segments, suggest analysts, who believe the time could be ripe for investors to start cherry picking from a long-term horizon.
AI vs jobs: Split verdict from CEOs
Double-Edged Sword India's tech workforce at a crossroads
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Nasa's new telescope to create 'most colourful' map of cosmos
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PROMOTER PLEDGING IN BSE 500 SLIPS IN Q3
Promoter pledged holdings have been on a decline amid the ongoing market selloff.
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Markets shed over 1% to hit fresh 8-month lows
Decline in 13 of last 14 sessions; Nifty may end in red for a record 5th month
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India Among Nations Most Vulnerable to US Tariffs: S&P
S&P Global Ratings on Monday said several Asia-Pacific economies could face higher tariffs under the Trump administration, while India, South Korea, and Thailand could be most vulnerable to trade retaliation.
Citi Goes Overweight on Indian Stocks
Citigroup Inc upgraded Indian stocks to overweight from neutral, while turning underweight on equities in Southeast Asia.
296 INTERNET SHUTDOWNS WITNESSED ACROSS 54 COUNTRIES IN 2024
Global tech policy and internet rights advocacy group Access Now and the #KeepItOn campaign documented 296 internet shutdowns across 54 countries in 2024.
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Indorama Ventures to buy 24.9% in EPL from Blackstone To acquire stake for ₹1,910 crore
Chemical producer Indorama Ventures is set to acquire a minority stake of approximately 24.9 per cent in speciality packaging company EPL Ltd from American private equity major Blackstone for ₹1,910 crore ($221 million), according to a press statement.