Page 2 - Bain & Company
Foreign executives in China ask 'Who's Next?' After Bain & Company probe
US consultancy Bain & Company confirmed this week that Chinese authorities questioned staff at its Shanghai office, without revealing details on the nature of the investigation
 "Foreign executives in China ask 'Who's Next?' After Bain & Company probe")
Chinese police questions staff at Beijing office of Bain & Company: Report
This follows a similar raid at another US firm Mintz's Beijing office last month
 "Chinese police questions staff at Beijing office of Bain & Company: Report")
As cost of capital rises, VC funding for new-age firms drops to $26 bn
The global economic downturn has made investors reconsider their commitments towards the deployment of capital into new-age firms
 "As cost of capital rises, VC funding for new-age firms drops to $26 bn")
Indian SaaS firms to have 8% of world market, get $35 bn in revenue: Study
Most Indian investors expect to increase, maintain capital allocation to sector
 "Indian SaaS firms to have 8% of world market, get $35 bn in revenue: Study")
40% of all vehicles sold will be electric by 2030, says Bain & Co report
Report estimates that 4-5 million EVs will be sold across segments in 2026
 "40% of all vehicles sold will be electric by 2030, says Bain & Co report")
India's e-retail market to increase to $150 bn-$170 bn by 2027: Report
India's e-retail market rose to approximately $40 billion in 2021 and is slated to reach $50 billion in 2022
 "India's e-retail market to increase to $150 bn-$170 bn by 2027: Report")
Flipkart $100 mn venture fund invests in 6 startups, will mentor them
Companies with a range of innovations will receive an equity investment of up to $500,000
 "Flipkart $100 mn venture fund invests in 6 startups, will mentor them")
India's manufacturing exports may touch $1 trillion by FY28: Bain
The six sectors driving export growth will be chemicals, auto, electronics, pharmaceuticals, textiles and industrial machinery
 "India's manufacturing exports may touch $1 trillion by FY28: Bain")
AI no longer fringe tech for Indian companies: Bain & Company report
India is also a global source of talent in data and AI skills; it produces 16 per cent of the world's AI talent pool, said the report
 "AI no longer fringe tech for Indian companies: Bain & Company report")
Luxury fashion market sees growth despite inflation and war, shows study
Neither inflation nor the war in Ukraine are threatening to take a bite out of the luxury fashion market, according to a study published Tuesday. While much of the world is fretting over higher fuel and energy prices, the study by Bain & Company consultancy indicated that the global luxury market remains set for growth, largely due to the continued resiliency of the world's wealthiest people. The global luxury market grew by nearly one-third to 288 billion euros ($198 billion) last year, rebounding from its worst recorded dip due to the 2020 pandemic lockdowns, according to the study commissioned by Italy's Altagamma association of high-end producers. Sales of personal luxury goods including apparel, accessories and footwear posted high double-digit growth in the first quarter of this year, despite the first signs of economic uncertainty tied to the Russian invasion of Ukraine, Bain said. In its most pessimistic outlook, assuming global inflationary pressure, Bain forecasts growth
 "Luxury fashion market sees growth despite inflation and war, shows study")
Bain Capital raises $2 billion in biggest Asia special situation pool
Bain Capital LP raised $2 billion for its second special situations fund, giving it the biggest pool of capital focusing on complex and structured credit and equity investments in Asia-Pacific
 "Bain Capital raises $2 billion in biggest Asia special situation pool")
Metro Cash & Carry may offer control to investor to fund expansion
Intends to raise $300-400 million as German parent unwilling to infuse fresh funds
 "Metro Cash & Carry may offer control to investor to fund expansion")
VC exits in India start-ups up 10x to $14 billion in 2021: Bain & Co
Share of VC deal value in PE-VC space above 50% for the first time: Bain & Co
 "VC exits in India start-ups up 10x to $14 billion in 2021: Bain & Co")
50% customers ready to switch banks in next 12 months: Bain & Company
If it's a good deal, many willing to shift to fintech players, neo banks, among others
 "50% customers ready to switch banks in next 12 months: Bain & Company")
Eveready ropes in Bain & Company for rejigging business strategy
Consultancy to study firm's strengths and weaknesses and thereafter identify the low-hanging fruits in terms of profitability
 "Eveready ropes in Bain & Company for rejigging business strategy")
Private equity and venture capital investment may hit record $70 bn in 2021
Apart from value, volumes or the number of deals have also gone up
 "Private equity and venture capital investment may hit record $70 bn in 2021")
Accenture, Bain & Co and BCG lead summer placements at IIM Bangalore
Consulting was the lead sector, with as many as 181 offers of the total 542 extended towards 513 students
 "Accenture, Bain & Co and BCG lead summer placements at IIM Bangalore")
Flipkart hires Bain & Co partner Dinkar Ayilavarapu as VP-corp strategy
Reports to CEO Kalyan Krishnamurthy; Development comes amid company plans for IPO
 "Flipkart hires Bain & Co partner Dinkar Ayilavarapu as VP-corp strategy")
Bain & Co, BCG and Amazon top recruiters as IIM-A wraps summer placements
IIM Ahmedabad follows a round system of final placements process where sectors are invited in cohorts at regular intervals
 "Bain & Co, BCG and Amazon top recruiters as IIM-A wraps summer placements")
Bain & Co top recruiter in first cluster of IIM-A summer placements
Company extends 20 job offers; it is followed by BCG with 19 offers
 "Bain & Co top recruiter in first cluster of IIM-A summer placements")