Celebrities, IPOs, and Funding Surges!
In our twenty-fourth D2C Insider edition, we cover GoKwik's partnership with Flipkart, Shein's US IPO move, Bharat Sethi's insights on business challenges, and Ranveer Singh joining Bold Care!
Hello and welcome to the world of D2C Insider, your weekly dose of insights, news, and trends from the direct-to-consumer space in India and beyond. In D2C Insider Digest’s twenty-fourth edition you'll see:
GoKwik collaborates with Flipkart to offer SuperCoins for D2C shoppers
GoKwik and Flipkart have partnered to offer Flipkart's SuperCoins program to D2C brands on GoKwik's checkout solution, KwikCheckout. This will allow shoppers to use their SuperCoins to purchase products from D2C brands on GoKwik. The collaboration is expected to benefit both shoppers and brands, with shoppers enjoying a more rewarding shopping experience and brands gaining a valuable tool for driving customer engagement and loyalty.
Shein Files for US IPO as Fast-Fashion Giant Looks to Expand Global Reach
Shein, the Chinese fast-fashion company, is reportedly planning to file for an initial public offering (IPO) in the United States. The company is said to be valued at $100 billion, making it one of the most valuable startups in the world.
Black Friday Online Sales Hit Record High, Driven by Electronics and Mobile Shopping
Black Friday shoppers spent a record $9.8 billion in U.S. online sales this year, up 7.5% from last year, according to Adobe Analytics. This is the highest single-day online sales total ever recorded in the U.S., and it reflects the growing popularity of online shopping.
This week's spotlight is on Bharat Sethi, a dynamic entrepreneur and the driving force behind Rage Coffee. He has carved a niche in the coffee industry with his innovative approach, leading Rage Coffee to become a name synonymous with quality and creativity.
In a recent LinkedIn post, Bharat Sethi discusses a tough phase in business known as the 'valley of death.' He notes that almost every long-lasting business goes through hard times. These problems can be due to mistakes in planning, wrong timing in the market, failed product launches, or big problems outside the owner's control.
Sethi points out from a data graph that very few companies grow to make more than 100 Cr in revenue worldwide. It's even rarer than getting into top colleges or passing tough exams like the IAS. He emphasizes that the most important thing in business and life is to keep going, even when things get really tough. He says that often, businesses bounce back stronger after hitting a low point.
His main message is about the power of not giving up. He encourages business owners and friends to understand this and either push through tough times or be happy where they are. Sethi's post is a motivational message for entrepreneurs everywhere.
What are your thoughts on this?💯👇
Bold Care is an emerging direct-to-consumer (D2C) brand making strides in the sexual wellness industry. Known for its innovative and discreet approach to wellness, Bold Care offers a range of products aimed at improving the health and confidence of individuals. The brand stands out for its commitment to providing safe, effective solutions, catering to a modern audience that values privacy and quality in their wellness products.
Talk of the town:
In summary, Ranveer Singh's partnership with Bold Care is expected to revolutionize the sexual wellness space, bringing a fresh and candid approach to an often understated aspect of health and wellness.
We extend our warmest congratulations to Bold Care on their impressive achievements and growth prospects and we eagerly anticipate their continued success and innovation in the D2C industry.
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Innovist, the parent company of consumer brands such as Bare Anatomy and Chemist at Play, has raised $7 million in a Series A funding round led by Amazon Smbhav Venture Fund. The Gurugram-based house of brands was founded by Rohit Chawla, Sifat Khurana, and Vimal Bhola with the goal of utilizing clean, science-backed ingredients and serving consumers in India ¹. The capital infusion will be allocated to achieve several key objectives, such as product innovation, market expansion, and team building.
The angel investing network Cap70 Angels 123 led a funding round to raise an undisclosed amount of money for PatilKaki, a D2C snacking company based in Mumbai. The startup offers a range of homemade Indian snacks and sweets such as ladoos, puranpoli, chakli, and more. The fresh proceeds will be utilized to expand sales and distribution, scale operations, and optimize marketing.
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Our logistics group has become the best support system for all things logistics with instant support from CXOs of various providers!
Stay tuned for more updates and future events. Let's keep taking your D2C business to new heights
Until then, keep rocking the D2C world! 🚀