Avendus Eye

Avendus Eye

Thought leadership articles, insights
and viewpoints by Avenders

Investment Banking
June 2020

Healthcare BPO: US Healthcare + Offshoring = Attractive High Margin Scalable Business

Healthcare BPO has become a globally accepted model driven by several initiatives introduced by providers and payers. Attractive market opportunity, critical and counter-cyclic nature, tech-enabled transformation, high margins, and barriers to entry have led to premium valuation for healthcare BPO vendors.

Read Time: 3 minutes
Corporate
May 2020

Structural Changes Needed in Mutual Funds and Credit Markets

An opinion piece by Ranu Vohra on how credit problem in India has less to do with the current pandemic and more to do with processes, risk architecture, governance in financial institutions, and market liquidity.

Read Time: 5 minutes
Asset Management
May 2020

Coping with the Upcoming Consumer Demand Contraction

With the Covid-19 pandemic, the entire consumption cycle has been disrupted and this is an unchartered territory for most consumer companies which have witnessed a decade of growth. It will take a massive and periodic fiscal stimulus for consumption to revive and thrive in India.

Read Time: 4 minutes
Investment Banking
April 2020

AI and Analytics: Driving the Next Wave of Digital Transformation

Data and analytics are at the heart of digital transformation - the USD 27 billion offshore analytics market is expected to grow at 21.5% CAGR till 2025.

Read Time: 3 minutes
Asset Management
April 2020

Rebuilding the Indian financial ecosystem, post Covid 19 crisis

The impact of the Coronavirus pandemic on the global economy is likely to be significant and widespread. The Indian financial ecosystem will also bear the brunt of this economic dislocation. Only the ability to navigate these turbulent times and retain customer’s trust will differentiate the winners in the marketplace.

Read Time: 6 minutes
Asset Management
March 2020

Market valuation is attractive; time to take risk for long term gains

2020 has been a year of unprecedented volatility. Global events such as Covid 19 have made massive dent in sentiment and global markets have corrected sharply. As a result, the valuations have become attractive and provide a great entry point for a long term investor.

Read Time: 3 minutes
Asset Management
March 2020

Fossil Fuels - Lights Turning Amber!

In 2020, a historic transformation which has been underway in the global economy towards cleaner and more resilient economic growth, will see an acceleration led by regulators, creating some momentous implications for investors.

Read Time: 5 minutes
Investment Banking
February 2020

Investing in Affordable Housing companies: The next big wave

India has only touched the tip of the iceberg when it comes to affordable housing finance. For India to become a USD 5 trillion economy by 2025, ‘Housing for All’ is an important cog in the wheel.

Read Time: 2 minutes
Investment Banking
February 2020

Will Azure top AWS? Take a deep dive into the Azure Cloud Services ecosystem with Avendus’ latest report

Global businesses and organizations are continuing to invest in their technological evolution at an ever increasing rate.

Read Time: 5 minutes
Wealth Management
January 2020

India's Venture Capital Quotient: Anand Lunia, India Quotient, talks about emerging themes

Anand Lunia, Founding Partner, India Quotient, one of the most successful Indian VCs, talks to Avendus Wealth Management about their barbell investment strategy, upcoming themes in India's unlisted markets, and how the space is fast garnering attention from domestic investors.

View Time: 6 minutes
Investment Banking
January 2020

Developments in China aiding Indian Specialty Chemicals Industry

One of the most prominent trends in the global specialty chemicals industry over the last two decades has been the emergence of China as a key supplier in the specialty chemicals space.

Read Time: 6 minutes
Wealth Management
January 2020

Why Indian families must allocate capital to global assets

Indian investors have a significant home bias while investing. More than 98% of their savings are invested in domestic markets. By contrast, US based investors tend to invest 27% in international markets while those in the UK invest about 50% of their investments overseas.

Read Time: 8 minutes
Asset Management
December 2019

ESG investing: Corporate governance in India

In the first video of the series on ESG Investing, Abhay Laijawala interviews Amit Tandon, MD Institutional Investor Advisory Services (IiAS) on corporate governance. Regulatory tailwinds around the world are sparking a change in governance norms across industries.

View Time: 10 minutes
Investment Banking
November 2019

Consolidating a Fragmented World: Investment Opportunities in IT Managed Services

The managed services space has witnessed an increase in M&A activity as strategic players continue to acquire new capabilities/clients and expand globally.

Read Time: 4 minutes
Asset Management
October 2019

Unlocking the latent value of ESOPs

With the emergence of stock options across businesses, promoters are seeking a platform for institutional liquidity of vested employee stock options as even partial liquidity serves as a great motivational tool for employees and provides a valuation benchmark.

Read Time: 4 minutes
Wealth Management
October 2019

Simplifying fund selection for your investment portfolio

Fund selection is the second most important parameter, after asset allocation, when it comes to building a robust investment portfolio. It is a game of prudence, involving careful cherry picking of managers to help you achieve your financial goals, while minimizing risk.

Read Time: 3 minutes
Investment Banking
September 2019

Internet of Things (IoT) is the internet of tomorrow

With over 23 billion IoT connected devices installed globally, it has outnumbered the world population by over 3x. As the IoT industry matures with a more demanding client base, the existing vacuum of a meaningful niche pure play IoT player is likely to be filled.

Read Time: 5 minutes
Credit Solutions
August 2019

The increasing role of NBFCs in healthcare financing

The healthcare industry in India is expected to grow at a CAGR of 15% and reach USD 280 billion by 2020. Innovative and agile NBFCs may well prove to be the capital providers to the healthcare industry needs.

Read Time: 5 minutes
Investment Banking
July 2019

The value in venture capital

India is going through one of its strongest funding cycles where founders are looking for more than just capital.

Read Time: 6 minutes
Asset Management
June 2019

Recent red alerts on environment and how they may affect investments!

History is made of turning points and we may be at the cusp of such a moment today as we face the onslaught of climate change and environmental degradation, in our daily lives.

Read Time: 6 minutes
Investment Banking
June 2019

Investing in distress – A gold mine or land mine?

We are witnessing a once in a lifetime fire-sale of assets in India and what makes it exciting is that certain strategic assets can be acquired at a deep discount to its replacement value. Assets that have limited operational issues and are only financial distressed can make for a good acquisition.

Read Time: 6 minutes
Asset Management
May 2019

Investment Risks in Capital Markets

Bhautik Ambani in conversation with Vaibhav Sanghavi on investment risks in Capital Markets.

View Time: 5 minutes
Wealth Management
May 2019

Investment Trend Alert: An emerging market for employee shares in unlisted companies

In the early 1990s, the stock market acted not only as a primary source of financing to new businesses, but was one of the key avenues for the investor community to allocate capital.

Read Time: 4 minutes
Credit Solutions
April 2019

Click for a loan!

Technology is helping NBFCs finance the ecosystem of India’s mid-market enterprises. An estimated market size of 1 trillion dollar over the next 5 years is wide open for online digital lending.

Read Time: 5 minutes
Asset Management
April 2019

Why ESG is a material issue in contemporary financial analysis

Research evidence supports the fact that ESG investing is delivering superior returns and that companies with strong sustainability scores show better operational performance and are less risky. Investment strategies that incorporate ESG issues outperform comparable non ESG strategies.

Read Time: 6 minutes
Asset Management
March 2019

What is ESG Investing?

Abhay Laijawala, Fund Manager, Avendus India ESG Fund in conversation with Melissa Brown, Advisor to the Avendus India ESG Fund and a Board Member of Sustainalytics, a global leader in ESG and corporate governance research and ratings.

View Time: 13 minutes
Investment Banking
March 2019

AWS Cloud Services: Adding thunder to cloud computing industry

Technology industry is growing faster than global GDP with tech firms leading the list of most highly-valued companies in financial markets across the world. Cloud computing is one of the secular macroeconomic trends driving this USD 3.8 trillion industry.

Read Time: 4 minutes
Investment Banking
February 2019

Changing investment landscapes : The rise of India’s warehousing and logistics sectors

The Indian industrial warehousing and logistics sector has come a long way in the last three years. Major transformations in the market, such as the rapid rise of e-commerce, have led to an increased demand for warehousing in the country.

Read Time: 7 minutes
Investment Banking
February 2019

Building a sustainable, high-growth business through effective cost management

The practice of strategic cost management has been around for several decades, but only now is it starting to percolate into India’s rapidly expanding economic startup community; which, with over 5,200 start-ups, has emerged as the third-largest start-up ecosystem in the world.

Read Time: 8 minutes
Investment Banking
January 2019

Five trends that could fuel M&A activity in India

Let us try to put a perspective on the corporate trends that have evolved in our country spanning three generations of entrepreneurs since independence. In the post-independence era, the first-generation entrepreneurs in India seized the opportunity to build, whichever way they could.

Read Time: 6 minutes
Investment Banking
January 2019

How India's services sector is a perfect springboard for automation

Voice recognition software monitors quality of interaction between humans and the external world and has the ability to escalate matters and intervene in real time. Gone are the days where supervisors walked the aisles to troubleshoot.

Read Time: 4 minutes
Investment Banking
December 2018

How can the auto-component industry survive the new emission norms challenge?

The Indian automotive industry is quickly gearing up for a major technology transformation owing to escalating environmental issues.

Read Time: 4 minutes
Asset Management
December 2018

India’s entrepreneurial revolution, through the lens of a UK resident

Investors in far-away markets suffer because they are fed information through a lens of how that country is behaving politically in relation to the rest of the world. This tells you virtually nothing about the real outlook.

Read Time: 4 minutes
Investment Banking
November 2018

The landscape for larger, big-ticket M&A transactions in India

M&A transactions in India crossed USD 100 billion in 2018, the highest in last decade. What are the factors driving the large M&A deals?

Read Time: 7 minutes
Investment Banking
November 2018

Digital lending – the next frontier for growth

In the financial year 2017-18, for the first time in history, personal loans constituted the highest share of bank loans. In fact, personal loans comprised about 96% of all new bank loans during FY18, with INR 2.34 trillion worth of disbursements in just the first 10 ½ months.

Read Time: 7 minutes
Investment Banking
October 2018

Search for the next Indicorn

The stars seemed all aligned for the birth of digital unicorns from India. Let’s call them the Indicorns.

Read Time: 6 minutes
Wealth Management
September 2018

The Evolving Debt Market: Plan Your Exit Wisely, Just Like Your Investments

Over the past two decades, Indian markets have grown at a tremendous pace.

Read Time: 4 minutes
Credit Solutions
September 2018

Revitalizing Mid-Market Enterprises through Access to Capital

Despite the challenges faced in recent years, India has emerged as the fastest growing large economy in the world. With a projected 7.8% rise in GDP for the coming year, the nation is at a critical stage of its development.

Read Time: 5 minutes
Wealth Management
July 2018

Distressed assets in India: Should you invest?

The Indian distressed assets investment landscape has come of age, and we think the time is ripe for discerning investors to step in and pick “value” assets.

Read Time: 5 minutes
Wealth Management
July 2018

Rise of owner-fund managers: implications for Indian investors

The phenomenon of the owner-fund manager is gathering momentum and this could change the face of the Indian fund management industry.

Read Time: 4 minutes
Credit Solutions
July 2018

Technology enabled trade finance – a boost for financial inclusion

Trade finance, a commercial activity, has been closely linked to the story of human trade evolution and has for centuries influenced economic conditions, public policy, living standards and degree of financial inclusion.

Read Time: 4 minutes
Credit Solutions
July 2018

Flexible capital: the bridge between debt and equity

Access to quick finance is one of the biggest challenges that entrepreneurs and high growth companies face today.

Read Time: 3 minutes
Investment Banking
July 2018

Are consulting and outsourcing firms gobbling up the pie held by traditional advertising agencies?

As the world is getting more and more digitalized, there’s a battle brewing between consulting & outsourcing firms and traditional advertising agencies.

Read Time: 4 minutes
Asset Management
July 2018

India: top of the class investment destination

There is one aspect of investment that all practitioners of this noble art share, which is an immediate attraction to markets that have performed well historically, over those that have done poorly.

Read Time: 5 minutes
Investment Banking
June 2018

Indian flavours, fragrances and nutraceutical ingredient players to outgrow global peers

India’s specialty chemicals industry is currently valued at nearly USD 25 billion and expected to grow at 11% per annum to reach USD 39 billion by 2021.

Read Time: 5 minutes
Asset Management
June 2018

Equity play in a volatile market

Andrew Holland sees the prevalent volatility lasting for at least six months and suggests safe havens to park your wealth.

View Time: 3 minutes
Investment Banking
June 2018

India’s e-tail revolution to propel packaging industry

India’s e-tail revolution to propel packaging industry: As the e-retail market in India moves towards becoming the new reality, packaging manufacturers will increasingly need to tailor products for on and off the shelf.

Read Time: 3 minutes
Investment Banking
May 2018

Why private equity is well positioned to drive India's new-age economy

With projections of a 7.4% rise in GDP for the coming year (2018-19), it is no wonder that private equity (PE) activity in India has registered a record high as well.

Read Time: 4 minutes
Investment Banking
May 2018

Shifting winds – small towns are the next big frontier for apparel brands

There is a large, significant opportunity in tier 2 and tier 3 cities which no large retailer can afford to ignore.

Read Time: 3 minutes
Investment Banking
May 2018

A taste of India’s renewable power: the storage slip between the cup and the lip

The renewable energy sector is poised for epochal changes, both in policy and implementation in the years to come.

Read Time: 4 minutes
Wealth Management
March 2018

The flight of wealth: should we worry?

Recent reports of 7,000 Indian dollar-millionaires having left the country last year have revived fresh fears about wealth drain and its trickle-down effect on the economy.

Read Time: 4 minutes

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