India’s consumption is showing early signs of revival, with analysts optimistic about a broader demand uptick under GST 2.0. The government’s focus on boosting the lower end of the economy is yielding results, particularly benefiting discretionary spending and autos. Investors are advised to focus on premiumization and technology-driven disruptors for future growth.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment