Category: How it Works

Rapido outsmarting ride-hailing giants; no longer Ola and Uber’s third wheel

No doubt, Rapido's success in major cities has sparked speculation about its potential for nationwide expansion. While the company has made significant strides in Bengaluru and Mumbai, conquering other metros like Chennai and Pune, where Ola and Uber have a stronger foothold, will be a true test of its capabilities.

In the past three years, Ola and Uber’s combined market share has dwindled from over 90% to around 60-70%

OTT platforms go ‘family-friendly’ as govt mulls OTT broadcast policy

In light of the current conversation around OTT censorship and content moderation, OTT platforms are taking conscious measures to self-regulate content.

Cautious about content, fearing political backlash and stricter oversight, OTT platforms are increasing investments in slice-of-life and family programming— promoting responsible entertainment.

Sharan Hegde’s 1% Club lays off 15% workforce amidst cost-cutting measures

In his LinkedIn post, Hegde acknowledged the challenges of rapid growth, stating, "Needless to say, when you grow at such a lightning speed, you are bound to make some mistakes with hiring and redundant expenses." This round of layoffs marks the company's first cost-cutting measure since its inception.

In a LinkedIn post, Hegde explained that the layoffs were a result of “some mistakes with hiring and redundant expenses” during the company’s growth phase. He also hinted at the potential impact of AI-led automation on certain roles within the organization.

Top 8 tech trends revolutionizing the beauty and fashion industry

Vantage Market Research notes a remarkable 18.8% annual growth in beauty-focused smart devices, projecting sales to skyrocket to $144.2 billion by 2028. (Image source: TechHQ)

From virtual makeovers to AI-powered skin care, discover the game-changing trends taking beauty and fashion into the future.

I&B Ministry hints at launching Prasar Bharati OTT at IFFI festival

Prasar Bharati plans to launch its OTT platform at the International Film Festival of India in Goa (on November 20th).

I&B Ministry Secretary Sanjay Jaju said that the much-awaited OTT platform by Prasar Bharati will be launched at the upcoming International Film Festival of India, which is to take place from November 20 to 28 in Panaji, Goa.

SUV sales surge on festive demand, rural market powers 2W and PV sales: FADA

Overall, while the industry is optimistic about near-term growth driven by the wedding season and favourable market conditions, dealers are mindful of potential challenges that could affect sales momentum as the year concludes. (Image source: Unsplash)

Overall retail sales grew by 32% YoY and 64% MoM. All categories showed positive growth, with 2W up 36%, 3W up 11%, PV up 32%, Trac up 3% and CV up 6% YoY.

FMCG cos dumping near-expiry products through quick-commerce: AICPDF

AICPDF has claimed that an estimated two lakh kirana stores have shut down in the last year because of the rapid expansion of quick commerce along with the economic slowdown.

All India Consumer Products Distributors Federation (AICPDF) has said that this trend threatens the stability of small and medium retail businesses and also consumer safety.

Regional divide: Paytm and PhonePe dominate North India, Google Pay leads in the South

North India favors established platforms with integrated services, while South India leans towards tech-driven solutions with intuitive interfaces and multi-language support.

PhonePe pushes global boundaries, amidst regional growth challenges and WhatsApp Pay expands financial inclusion efforts across India despite rising cyber fraud concerns.