Investment Research - Asia Consumer Sector, Investory

Devi Subhakesan

Investment Research - Asia Consumer Sector. 

Equity Research experience of over 20 years. Earlier, Analyst for leading Buy and Sell-side institutions, covering markets in ASEAN, India, and North Asia. Expertise spans various sectors - Consumer Discretionary, Media, Textiles, Oil, Gas, and Coal.
Passionate about mindfulness and meditation.

Investment Research - Asia Consumer Sector

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Alibaba-Backed Zomato Buys Ubers’ Eats Business in India

Uber - 2021 Profitability a Beautiful Dream For Locked-Up Investors

ASIA CONSUMER: INSIGHTS AND INVESTMENT IDEAS

Investory

Investory is a Singapore-based boutique independent equity research firm founded in January 2017 with a primary focus on consumption themes across Asia-Pacific.

We aim to generate investible ideas based on consumption trends and outlook. We screen our ideas on several parameters - product potential, long-term growth and management commitment being the most critical.  We follow a fundamental analysis approach in our stock selection process and are not restricted by market cap.

We aspire to grow into a leading source of unbiased research, free of conflict of interest, for investors yearning for independent and disciplined analysis. 

We also undertake bespoke research mandates to support our Institutional clients’ investment needs.

Our team comprises of professionals with extensive experience in the Asian equity markets, in areas ranging from research, servicing institutional clients and investment management.

Equity Capital Markets

In this IPO report on <a href="https://www.smartkarma.com/entities/zomato-media-pvt" target="_blank" data-smartkarma-citation="entities:28820:1" rel="noopener">Zomato (ZOM IN)</a> we discuss the proposed issue details, likely valuation estimates based on recent pre-IPO fundraising, the company's operational basics, strengths, and risks as well as its reported financials.<a href="https://www.smartkarma.com/entities/zomato-media-pvt" target="_blank" data-smartkarma-citation="entities:28820:1" rel="noopener">Zomato (ZOM IN)</a>, a leading online food delivery platform based in India, has filed with the regulator to raise more than a billion dollars through a combination of fresh equity and the sale of existing shares. Online food delivery services witnessed skyrocketing demand growth last year thanks to COVID-led restrictions. With India now being hit by another wave of the pandemic, which seems way stronger and deadlier than last year, lockdowns and travel restrictions are back; this could be another boom period for Zomato and its peers. However, we suspect the timing of the IPO may not be opportune given the country is reeling from the aftermath of a devastating new wave and the retail investment environment may not be enthusing.

In this IPO report on Zomato (ZOM IN) we discuss the proposed issue details, likely valuation estimates based on recent pre-IPO fundraising, the company's operational basics, strengths, and risks as well as its reported financials.Zomato (ZOM IN), a leading online food delivery platform based in India, has filed with the regulator to raise more than a billion dollars through a combination of fresh equity and the sale of existing shares. Online food delivery services witnessed skyrocketing demand growth last year thanks to COVID-led restrictions. With India now being hit by another wave of the pandemic, which seems way stronger and deadlier than last year, lockdowns and travel restrictions are back; this could be another boom period for Zomato and its peers. However, we suspect the timing of the IPO may not be opportune given the country is reeling from the aftermath of a devastating new wave and the retail investment environment may not be enthusing. 

Zomato's USD 1Bn IPO: India Foodtech's Lead Play. Striking when the Market Is COVID-Hot.