Under the Radar: Ace Turtle on holding licences to brands such as Toys “R” Us and Lee for India; India’s retail scene and whether the market is fragmented; Adopting a vertical retail model; On being EBITDA-positive in FY22/23; US$34m Series B funding round; Dockers' re-entry into India

Your Way Home with Hongbin Jeong · Jun 8, 2023 · 21m

India’s retail scene is at the heart of our conversation, with the country being the fifth largest global destination in the retail space and expected to reach US$2 trillion in value by 2032 based on an analysis by the Boston Consulting Group. So how do international brands get a slice of the booming Indian market? Well perhaps the answer lies in licensees who operate and manage the brand in their place. Our guest for today is Ace Turtle is a tech-native retailer who holds the exclusive licences to brands such as Lee, Wrangler, Toys “R” Us and Babies “R” Us for India. What is unique about the…