Kevin Carter, Founder and Chief Investment Officer of EMQQ Global and the INQQ Fund joined Steve Darling from Proactive to discuss India’s rapidly evolving e-commerce sector and stock market trends following his recent visit to the country. Carter emphasized the explosive growth of “quick commerce”, a disruptive retail model delivering goods in under 10 minutes, which is expanding at over 100% annually. This trend is reshaping India’s retail sector, challenging both traditional mom-and-pop (kirana) stores and established e-commerce giants like Amazon and Flipkart. Beyond urban centers, investment in second- and third-tier cities is surging, with mutual fund participation from these regions rising from just a few percent to nearly 20%. India’s stock market has shown strong long-term growth, but recent corrections have impacted small- and mid-cap stocks. Meanwhile, retail trading activity has skyrocketed, with brokerage accounts growing from 20 million to 170 million in just eight years. Carter also touched …
EMQQ Globals Kevin Carter highlights india’s booming E-Commerce and stock market trends [Video]
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