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Top related persons:
Knight Frank - 1 Dasgupta - 1 CNBC's - 1 Shumita Deveshwar - 1 Deveshwar - 1 Anushree - 1 India's Ambani Hotstar - 1 Walt Disney - 1
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India United States Brazil South Africa Venture Saharan Africa Indian Gurugram
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Blume Ventures - 2 Economist Intelligence Unit - 1 Oxfam - 1 Private - 1 Department of School Education - 1 Global Commons Alliance - 1 TS Lombard - 1 ICC Men's Cricket - 1

Search resuls for: "Blume Ventures"


3 mentions found


☆ CNBC's Inside India newsletter: India's growing wealth divide
  + stars: | 2024-11-15 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com   time to read: +9 min
The rise in India's income and wealth inequality is not a result of the poor getting poorer, Sumedha Dasgupta, senior analyst at the Economist Intelligence Unit (EIU) flags. India's income gap (which is the difference in wages earned between different demographic) comes alongside a worsening wealth divide too. Instead, the phenomenon comes as the "rich are getting much richer at a faster rate," she told CNBC's Inside India. India's 3 household groupsA more pressing issue brought on by India's wealth and income divide is the emergence of different categories of households with distinct standards of living. Unequal education opportunitiesThe EIU's Dasgupta attributes India's vicious wealth and income gap cycle in large part to mismatched education opportunities.
Persons: Knight Frank, Dasgupta, CNBC's, Shumita Deveshwar, Deveshwar Organizations: Economist Intelligence Unit, Blume Ventures, Oxfam, Private, Department of School Education, Global Commons Alliance, TS Lombard Locations: India, United States, Brazil, South Africa, Venture, Saharan Africa, Indian
☆ Disney gambles on free cricket to turn the tables in India streaming war
  + stars: | 2023-08-29 | by ( Aditya Kalra Munsif Vengattil Dawn Chmielewski | Aditya Kalra | Munsif Vengattil | ) www.reuters.com   time to read: +7 min
But Indian billionaire Mukesh Ambani snatched IPL rights away in a $2.9 billion bid last year, and then streamed games for free. Soon, Disney subscribers fled - out of 61 million users in October, roughly 21 million had left by July. It retains digital streaming rights but last year licensed the TV broadcast rights to Indian's Zee Entertainment (ZEE.NS) for around $1.5 billion, a source said. In the United States, ad-free Disney+ streaming service subscription rates are set to rise by 27% to $13.99 per month. By contrast in India, Disney+ Hotstar service costs $3.62 a month.
Persons: Anushree, India's Ambani Hotstar, Walt Disney, Disney, Mukesh Ambani, That's, JioCinema, Sivanandan, Daoud Jackson, Bob Iger's, Nancy Lee, Ambani, Aditya Kalra, Munsif, Dawn Chmielewski, Muralikumar Organizations: ICC Men's Cricket, REUTERS, Companies Disney India, Century Fox, Indian Premier League, Disney, Reuters, Asia, Cricket, Indian's Zee Entertainment, IPL, Blume Ventures, Hotstar, Staff, Media Partners, Netflix, JioCinema, Thomson Locations: Gurugram, India, Burbank, Disney India, United States, New Delhi, Bengaluru, Dawn, Los Angeles
☆ Once booming Indian startups set for more pain as funding crunch worsens
  + stars: | 2023-04-19 | by ( M. Sriram | Thomson Reuters | Sriram Leads Reuters' Deals Coverage In India | ) www.reuters.com   time to read: +5 min
Bharadwaj, a former India managing director of Sequoia Capital who now leads venture capital firm A91 Partners. Indian VC firm Blume Ventures said in an April report consumption outside the top 30 million Indian households dropped sharply, and is driven by a "tiny superuser set". "Indian startups are not catering to a billion consumers. And only 271 Indian startups raised funding in Q1 2023, compared with 561 last year, according to CB Insights. It invested $3 billion in Indian companies in 2021 and another $500 million in 2022, by April that year, Reuters calculations show.
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