Brand Makers – storyboard18

Google Pay, PhonePe, Paytm account for over 90% of UPI transaction value and volume in 2H 2024

The volume of UPI transactions increased by 42% to 93.23 billion in the second-half of 2024. (Image: Easebuzz)

Overall, the UPI transaction volume increased from 9.96 billion in July 2023 to 16.73 billion in December 2024

Over 70% of companies anticipate changes in business model, driven by AI, evolving customer preferences

More than 70% of the companies leverage generative AI as an opportunity (Image source: Moneycontrol)

82% of the leaders from the technology, media, and telecom organisations anticipate moderate to significant changes to their business model over the next three years

Grey India appoints Harsh Kapadia as Chief Creative Officer

Kapadia will partner with Anusha Shetty, CEO of Grey India, who brings over 25 years of marketing and advertising experience.

Prior to this, Kapadia was associated with MRM New York (part of McCann Worldgroup), where he served as CCO since 2021.

Mauro Porcini joins Samsung Electronics as President & Chief Design Officer

Porcini will relocate to Seoul, South Korea

At Samsung, he will collaborate with over 1,500 designers, visionary business leaders, and an advanced R&D team to push the boundaries of design and innovation.

AKQA’s co-founder Tom Bedecarre passes away at 70

Tom Bedecarre was also an investor and advisor for Silicon Valley startups.

As AKQA’s former co-founder and chairman, Tom Bedecarre led the global expansion of the digital marketing and technology services firm from North America to Europe, Asia and Latin America.

Movie theatres are never coming back, says Netflix’s co-CEO Ted Sarandos

Highlighting troubling industry data, Sarandos noted that the theatrical box office remains significantly diminished, down 40-50% from pre-Covid levels, with an additional 8% drop recorded this year alone. (Image: News18)

Netflix’s co-CEO cites weak box office numbers and booming live events as indicators of the permanent shift away from cinemas.

Kansai Nerolac Paints appoints Pravin D. Chaudhari as Managing Director

Kansai Nerolac Paints is set to strengthen its strategic direction and continue its growth trajectory in the Indian market.

Chaudhari has been appointed for a three-year term, subject to shareholder approval.

Zomato’s AI push leads to 600 job cuts in customer support: Report

Mass layoffs seen in Zomato as the company leverages on AI tech

The Gurugram-based food delivery platform hired 1,500 employees under its Zomato Associate Accelerator Program (ZAAP) a year ago in customer support roles across sales, operation, programme management departments

Maharashtra Police summons attendees of Kunal Kamra’s ‘Naya Bharat’ show amid controversy

Kamra was served notices on March 25 and 26 to appear at Khar Police Station, but he did not comply. However, the Madras High Court granted him interim bail until April 7.

The police are investigating Kamra’s comments and have summoned audience members under Section 179 of the Code of Criminal Procedure (CrPC), which allows authorities to question witnesses.

Yahoo appoints former Paramount Executive Josh Line as CMO

Reporting directly to Yahoo CEO Jim Lanzone, Line is expected to leverage his extensive brand-building expertise to steer Yahoo’s marketing strategy.

Line, who previously served as Chief Brand Officer at Paramount, will now lead Yahoo’s marketing initiatives.