December 2024 – Page 8 – storyboard18

Storyboard18’s Global Pioneers Summit: Prasoon Joshi to unpack India’s brand of creativity in its techade

An ardent advocate for creative excellence, Prasoon's contributions have won numerous accolades, including Cannes Lions.

A can’t-miss forum for forward-thinking leaders, the Global Pioneers Summit in March 2025 brings together top innovators and decision-makers to share disruptive ideas and cultivate meaningful partnerships. Join luminaries such as Prasoon Joshi to elucidate strategies for harnessing transformative creativity with impactful storytelling.

From Paytm to Flipkart, India’s top startups let go of thousands of employees in 2024

10,000 jobs lost in 2024 as Indian startups face financial woes

In 2024, Paytm accounted for 3,500 layoffs, which represented 49 per cent of the total layoffs. Other notable layoffs included Flipkart (1,100-1,500 employees), Unacademy (900 employees), Byju’s (500 employees), etc.

E-comm records 141% growth in UPI transaction volume in FY24

PayNearby latest report highlighted a significant growth in cash withdrawal transactions in Northeast India, with Mizoram, Meghalaya, Nagaland, and Assam leading the way in digital financial inclusion.

PayNearby India, the branchless banking and digital network, in its latest report ‘Retail-O-Nomics’ highlighted a 33% increase in Unified Payments Interface (UPI) transactions at retail stores, underscoring the growing adoption of digital payments beyond Tier II regions in the country.

Only 19% smartphone users willing to pay premium for a Gen AI-enabled phone

Generative AI (Gen AI) was familiar to 32% of the respondents in the survey conducted by Counterpoint Research.

According to the Counterpoint Research’s latest findings smartphone manufacturers may need to adopt low-cost entry models for the artificial intelligence-enabled phones segment.

Legendary filmmaker Shyam Benegal, icon of Indian cinema, passes away at 90

One of his more poignant works was the 1976 Manthan. Funded by over 500,000 farmers, Manthan stands as a cinematic tribute to India’s White Revolution.

Just days before his death, Benegal had celebrated his 90th birthday on December 14 with a star-studded gathering of friends, family, and colleagues.

Ranjita Ghosh to be Wipro’s global CMO

With nearly two decades of multifaceted experience in the global technology services sector, Ranjita Ghosh has held numerous leadership positions in Sales, Business Development, Growth Marketing, Buyer Experience, and Ecosystem Partnerships.

Effective February 1, 2025, Ranjita Ghosh will spearhead Wipro’s worldwide marketing operations, shaping its brand and driving global growth.

TRAI unveils upgraded website with new features; aims to enhance accessibility, public engagement

TRAI has also confirmed that the old website will remain operational for the next three months

The website has also introduced TARA (Telecom Authority Responsive Advisor), an AI-powered chatbot designed to assist with interactive searches and provide answers to frequently asked questions.

Nissan Honda, Mitsubishi sign MOU to start merger talks to create world’s third-largest automaker

Nissan, Honda, and Mitsubishi Motors have reached a basic agreement to proceed with discussions based on the framework established in the MOU signed by Nissan and Honda on August 1 regarding the commencement of a strategic partnership.

Havas-owned PivotRoots wins CoinDCX’s digital brand and performance marketing mandate

With this partnership, CoinDCX is poised to enhance its brand visibility, expand its user base, and further elevate India's position in the global cryptocurrency market.

PivotRoots will spearhead CoinDCX’s efforts to grow the crypto category in India and build a brand presence while driving substantial user acquisition and retention.