What will be special in Adani's 'Super App'? | Gautam Adani is going to bring big earning opportunity through IPO.

 

What will be special in Adani's 'Super App'?

 

Gautam Adani, the richest man in Asia and India, is expanding his business rapidly. Also, he surprised everyone by participating in the auction of the 5G spectrum. Now Gautam Adani can do another blast. Adani is about to come up with an online platform that can make a mark in the digital world. We told you that Adani Group is preparing to enter the digital sector soon.

 

There is news that Gautam Adani is going to launch a super app. The plan is to launch this app in the next 3 to 6 months to connect Adani airport passengers to other Adani Group services. This app has been made by a house tech company. Now let's know what is called a super app. The concept of the Super App comes from the Chinese model. 

In this, the user can see the benefits of multiple services on a single platform. You don't need to go anywhere else. Super App is the best option if you want to do shopping, grocery, education, and provide services like rides and health care. In India, Tata Neu, and Jio Mart App gives you the option of many services of the company. 

Not only this, you get all Jio apps integrated into the MyJio app. PhonePe and Paytm apps have also started coming in the category of super apps because of the variety of services they provide here. However, users use only payment and finance services,  and Gautam Adani has also taken steps to capture the market of this one-stop destination platform. 

Now the question is what will you get from this super app? So this app will connect the passengers coming to the airports with other services offered by the group, which means that it can be the easiest way to increase the downloads of the app. Let us now understand how Gautam Adani is going to benefit from this. 

Adani Group operates seven Indian airports and is currently building runways and a new terminal for a second airport in Mumbai. Overall, 20% of the country's traffic goes through the Adani Group. According to the report, Adani Group also invests in taxi services in cities where it has airports.

 

This super app of Adani Group will link it to other services provided through Adani Group at Adani's network of ports, which can be the easiest way to increase downloads. Gautam Adani's interest in business related to common people in India is gradually increasing. This is Gautam Adani's first entry into the retail business through Super App.

 

However, when the demand for online services reached its peak during the Corona crisis, Gautam Adani missed the golden opportunity of the tech revolution. Now when the tech industry around the world is facing a crisis. Meanwhile, it remains to be seen how successful Gautam Adani's super app turns out to be. 

Competition in the Indian e-commerce sector is also tough nowadays. Amazon India, Flipkart, and Walmart control the majority of the market share in this growing market. During the eight-day Big Billion Days festival sale last quarter, 60% of visits to Flipkart came from Tier 2 and Tier 3 cities.

 

On the other hand, talking about the global market, apart from China's WeChat, many popular super apps already exist including Alipay India's Paytm, Indonesia's goto, Singapore's grab, Vietnam's Zalo, and South Korea's kakao. However, how much scope is there for the business of Super App in India, only time will tell.

Gautam Adani is going to bring big earning opportunity through IPO:

 

Asia's richest industrialist Gautam Adani is coming with a bumper earning opportunity. There is good news for those interested in IPO i.e. Initial Public Offer that Adani is planning to list five more companies in the market. If you are also planning to invest in any IPO of Adani, then this can be a good earning opportunity for you.

 

These days there is a discussion about the listing of new companies of Gautam Adani. According to media reports, many companies of the Adani Group can be listed in the market. Adani New Green Energy, Adani Connex, Adani Airport Holding Limited, Adani Road Transport, and Adani Defense and Aerospace companies are included in this list.

 

Earlier in July, there was news that Adani is going to bring another big IPO. Then Bloomberg reported that Gautam Adani-backed NBFC company Adani capital is planning to raise Rs 1500 crore from the market. Adani Capital's Managing Director and CEO Gaurav Gupta had said that Adani Capital is preparing to sell a 10% stake through IPO. 

Along with this, the valuation target was kept at $2 billion. After this, media reports have now come that plans are being made to list five more companies. At present, talking about the companies present in the market, about seven companies of Adani Group like Adani Enterprises, Adani Green Energy, Adani Power, Adani Transmission, Adani Wilmar, Adani Ports, and Adani Total Gas are doing business in the market. 

According to the news, Adani announced raising around ₹20,000 crores from companies. The stock of Adani Enterprises has given good returns to its investors. That's why people are showing interest in Adani's IPO. The company launched Adani Wilmar at the beginning of the year. Adani Wilmar has given 139% return to investors since its listing. 

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