Manish Singh

@refsrc

Advisor to founders and VCs; angel investor. Formerly a reporter with TechCrunch, CNBC etc.

Bengaluru

Manish Singh
@refsrc
1h
Indian value retailer Vishal Mega Mart sells almost no outside clothing brands and own labels are 70-75% of general merchandise and about 60% of FMCG volumes.
Manish Singh
@refsrc
Sep 30
Blackstone went from zero exposure to Indian hospitals to about 40 in three years
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Manish Singh
@refsrc
Sep 29
India's proposed reset of insurance distribution costs resembles the one China introduced in 2023. JPM on how that played out in China:
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Manish Singh
@refsrc
Sep 28
Banks in India make about $20 billion a year -- half of their profits -- by paying customers ~2.5% (vs the repo rate of 5.25%) on the money in their savings accounts (~$800 billion).
Yano 🟪
@JasonYanowitz
Sep 27
Fascinating. Chief Economist at Apollo: agents could cause a bank run by sweeping household cash into accounts paying 3-5% instead of the 0.1% national average, causing banks to lose a large share of their cheap deposits.
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Manish Singh
@refsrc
Sep 27
India Internet now has enough buyers to absorb lock-in expiries and block sales.
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