Wealth management firms to boost AI budget from 16% to 37% in 3-5 years: Wipro survey

This session will lead the discussion on the impact of AI-powered algorithms on news consumption and platform prioritization; the influence of AI on revenue models, personalized ad targeting and content recommendation systems.

More than three-quarters (77 percent) of surveyed firms report improved decision-making with AI-driven predictive analytics, and 76 percent note overall operational efficiency improvements

Zepto leads ad spending surge in quick commerce, outpacing Blinkit

Zepto shelled out Rs 215.82 crore on advertising and promotional activities in 2023

Zepto’s revenue surged by more than 1200 percent in FY2023 to $251.7 million compared to $18.9 million in FY2022 as per the data by Tracxn Technologies Ltd. However, the net profit of the company declined by 198 percent to $158.6 million year-on-year