Author: Indrani Bose

India is the best place to build consumer focused businesses and brands: Falguni Nayar

Nayar believes that the next decade will witness significant growth in these sectors, particularly in the beauty industry. While physical retail continues to thrive, the advantages of digital platforms remain compelling, and Nykaa is poised to capitalize on both channels to deliver exceptional customer experiences. (Image sourced from LinkedIn)

During the company’s recent AGM, Falguni Nayar highlighted that India’s entrepreneurial spirit, as well as young and aspirational population is its strength.

Jio AirFiber to launch today: Here is everything we know so far

Jio, on its website, describes the AirFiber as a device that is capable of delivering “fibre-like speed over the air without any wires”. Using it is as simple as plugging it in and powering it on for gigabyte-speed internet. (Image sourced from Moneycontrol)

The device supports Wi-Fi 6, has parental controls, and is fitted with a security firewall. It also lays the groundwork for Jio’s Smart Home solutions, which include the Jio Home Router, the Jio Set-top Box, and the Jio Home smartphone app.

Connected cars witness widespread adoption; likely to account for more than half of PV market in 2023

The unique visuals, inspired by Hollywood horror movies, shed light on how EcoCare solves problems and removes the stress caused by poor maintenance strategies and lack of expert support. (Representative image via Shutterstock)

With consumers increasingly opting for technology-equipped cars, all major carmakers in India are redrawing their strategies by rolling out models loaded with hi-tech features.

Anand Mahindra’s response to fan asking him to gift SUV to Mohammed Siraj goes viral

Indians have been commending the performance of Mohammed Siraj's pace attack in the Asia Cup Final 2023 which won him 6 wickets and led to India’s win against Sri Lanka. (Image sourced from Moneycontrol)

In a tweet, Anand Mahindra, chairperson of Mahindra Group expressed, “I don’t think I have EVER before felt my heart weep for our opponents… It’s as if we have unleashed a supernatural force upon them… Mohammed Siraj, you are a Marvel Avenger.”

Generative AI poised to impact labour markets significantly: World Economic Forum

According to ‘Win with Conversations’, a report Meta launched with Bain & Company, 70 percent of surveyed large enterprises are already engaging with half of their customer base using conversational platforms. (Representative image by Andrea De Santis via Unsplash)

As per World Economic Foum, 19,000 distinct tasks across 867 different occupations likely to be impacted by LLMs. The industries with the highest estimates of overall potential exposure – both in automation and augmentation – are financial services and capital markets, along with insurance and pension management.

CTV empowers creation of hyper-targeted campaigns: Arjit Sachdeva of VDO.AI

Estimates suggest that each brand's ad spend during the World Cup could range from approximately INR 2.4 million to 3 million, reflecting their substantial commitment to connect with the cricket-loving audience.

Brands are poised to make significant investments in leveraging CTV and OTT platforms during the 2023 World Cup, with ad spend for this highly anticipated event expected to reach remarkable heights. Notably, key sectors like B2C, including FMCG and automobiles, are likely to lead the charge in terms of ad spend.

Koo needs fresh funding or strategic partnership to continue its growth: Mayank Bidawatka

While Koo is yet to file its FY23 financials, its revenues totalled to just Rs 14 lakh in FY22, as per the latest available data, up from Rs 8 lakh in FY21. (Image sourced from CNBC)

Koo, once a high-flying startup, had also roped in Naval Ravikant and Balaji Srinivasan as investors. It had even positioned itself to take on X (formerly Twitter) but now cannot scale without an M&A or fresh capital.