Elevation Capital sees growth opportunity in India's off-price retail as young shoppers seek affordable brands

• Elevation Capital identified off-price retail and consumer-to-consumer resale as growth opportunities in India as aspirational shoppers face tighter budgets.
• India's secondhand clothing trade is estimated at nearly ₹330 billion annually, with the stock-lot market worth at least $3 billion.
• Refurbished smartphone volumes rose 13% in India in the first half of 2026, while new phone volumes fell 11%.
• Off-price retailers securing brand inventory will need controls over where discounted goods appear to protect brands' pricing.
• Resale platforms face thin margins, making reliable transactions and tight operating costs critical to viability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elevation Capital published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.