Weekly Wrap: Reliance AGM, DMart results, and a brewing revolution!
Hello folks,
The biggest event this week was the Reliance AGM, which saw plenty of announcements, including a 33K cr+ raise from Google, a homegrown 5G network, and streamlining of the Kirana transformation process. We covered these updates live in our most popular twitter thread to date.
DMart reported their results this week, with a sharp drop in Q1 numbers, and some interesting insights around the mix between general merchandise, apparel, and grocery, as well as the competitive dynamic with kiranas in the aftermath of the COVID. We cover that in our twitter thread here!
We also experimented with a new carousel format, for a special post on the prospects of the drive-thru format in India, something that could ramp up in the backdrop of COVID.
ZappChai came out with interesting posts including a deep dive into contract farming, an explainer on sovereign gold bonds, and Amul’s entry into the edible oil market in India and how it could drive India towards a stronger position in oilseed production.
And we wrapped the week up with this amazing story on how the strongest brand in India, might have got a different name! The Bombay Bank story
That’s it for this week. Do follow us on LinkedIn & Twitter to get these updates in real-time and do share this email with your friends and family! And if you haven’t already, do consider joining GSN Invest++ (last two weeks to join!)
Cheers,
Team GSN Invest