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A Dunzo delivery partner waiting at Four Bungalows, Andheri in Mumbai. Dunzo was founded in July 2014 by Kabeer Biswas, an alumnus of the NMIMS, University of Mumbai. [10] [11] Before Dunzo, Kabeer founded a company called Hoppr, which was acquired by Hike Messenger in 2014. [12]
Research by a Kochi-based think tank had suggested liberalization of India's liquor industry to facilitate entry of foreign players, considering the growth of sales in imported spirits across the country. According to think tank CPPR, the liquor market in India is the third largest and fastest growing one in the world.
India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. [1] Despite being the second-largest user base in world, only behind China (1.079 billion, 48% of population), the penetration of e-commerce is low compared to markets like the United States (266 million, 84%), or France (54M, 81%), but is growing, adding around 6 million new entrants every ...
While consumption of alcohol has increased among the population, deaths due to consumption of contaminated illicit liquor (common during the prohibition era) have gone down. [ 3 ] [ 4 ] [ 6 ] [ 15 ] [ 16 ] The monopoly trade has led to widespread irregularities like adulteration, corruption, overpricing and black marketing in the retail outlets.
Alcohol is a subject in the State List under the Seventh Schedule of the Constitution of India. [10] [11] [12] Therefore, the laws governing alcohol vary from state to state. Liquor in India is generally sold at liquor stores, restaurants, hotels, bars, pubs, clubs and discos but not online.
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10. Brown-Forman Corp (NYSE: BF.B) Market cap: $32.3 billion. Kentucky-based Brown-Forman Corp is one of the biggest liquor companies in the world offering about 25 brands of wines and spirits ...
In 2013, OC for the first time became the largest selling whisky in the world by overtaking Johnnie Walker. [1] It sold 23.8 million cases in 2013 which was 15% of the liquor market share of India. As per 2013 sales, OC was the third largest selling spirit brand in the world, while Smirnoff vodka was on the top spot. [ 10 ]
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