Month: December 2024

Zomato’s Blinkit launches Bistro to compete with Zepto Cafe and Swiggy’s Bolt

With its entry into this segment, Bistro will face competition from Zepto Cafe and Swiggy's Cafe. Zepto Cafe was introduced in 2022 to deliver branded pre-made items with non-branded items, further added the report. In November, Zepto made an announcement to expand Zepto Cafe to 120 cities in the country, which included Hyderabad, Bengaluru, Delhi NCR, Chennai, Pune etc. (Image Source: Google Play)

Currently in the pilot phase, and operational in certain areas of Gurugram, Bistro delivers meals, snacks, beverages like tea and coffee in 15 minutes.

Gukesh D crowned World Chess Champion, now eyeing global brands

Gukesh D, became the youngest-ever world chess champion by defeating the reigning title holder Ding Liren from China in Game 14 of the World Chess Championship in Singapore.

Experts indicate that brands from Edtech, Banks, Fintech, IT companies will make a beeline to sign the youngest world chess champion.

Yes Bank appoints Manish Jain as Executive Director

Manish Jain joined YES BANK in 2023 as the Country Head of the Wholesale Banking Group. During his tenure, he has played a pivotal role in enhancing the Wholesale Banking business, driving growth, and strengthening client relationships across key sectors, stated the company in a statement.

In his new role as Executive Director, Manish Jain will oversee key strategic initiatives and focus on expanding the Bank’s business horizons across verticals, driving innovation, and ensuring operational excellence.

Govt intensifies surveillance on Chinese companies | P&G India appoints Rohini Venkateswaran as Chief Sales Officer

These Chinese apps and websites have become hubs for money laundering in the country, posing a potential threat to national security and contributing to gambling addiction among citizens. In September 2024, an investigation by the Enforcement Directorate (ED) uncovered a ₹400-crore fraud involving Chinese nationals.

Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.

Swiggy elevates Sidharth Bhakoo to Chief Business Officer – Food Marketplace

Sidharth Bhakoo began his career at GE Money as product manager - consumer durable and two wheeler, joined the Royal Bank of Scotland as program manager - business banking, India, and then he was elevated to senior relationship manager. Then, he joined Vodafone as senior manager - SME sales, Vodafone Business Services, and then was promoted to GM & sales head, Vodafone Business Services.

Previously, Sidharth Bhakoo led Swiggy as vice president – national business head.

Durex, Bold Care, Manforce emerge as top brands in India’s sexual wellness market: Report

Durex emerged as the top brand in Delhi (40 percent share), Mumbai & Pune (49 percent), and Bengaluru & Chennai (44 percent), respectively. (Representative image via Unsplash)

Durex led the highest market share in the condoms and lubricants subcategories in November 2024. On the other hand, MyMuse & Azah led in the massager toys and games segment with a 27 percent share by revenue during the same period.

Dentsu India names Abhirup Datta as CEO – Sokrati

Abhirup Datta’s focus will be on expanding Sokrati’s footprint and reinforcing its industry leadership.

Additionally, Prajaktta Gosavi, head – performance delivery practice, dentsu India, has been tasked with leading integrated solution delivery for the Performance Practice across Sokrati, iProspect, Carat, and dentsu X.