Koovs Plc (LON:KOOV) is the topic of conversation when Hardman & Co Analyst Jason Streets talks to DirectorsTalk. Jason explains the company, its market, position, its current share value and provides some thoughts on the valuation of the company.
Koovs Plc sells affordable western fashion online in India. It has an established customer base of half a million active users and has been growing brand recognition rapidly. It has achieved the highest net promoter score (NPS) across its vertical. Its success will come on the back of the growing Indian economy breeding millions of online shoppers. Hardman & Co believe all the ingredients are in place; only the pace is uncertain. To exploit this opportunity, Koovs needs to raise a substantial amount of capital.
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