Brief

Advertisers Skeptical About ROI: Only 6-7% Growth in Digital Ad Spending For FY24

In today's digital age, advertising serves a pivotal role beyond the mere promotion of products and services; it is instrumental in building a company's brand, fostering trust, and establishing credibility. For numerous digital enterprises, advertising has evolved into a...

Customer Frustration Rising at Paytm Payments Bank: 150x YoY Surge in Complaints

User complaints can have severe repercussions for any B2C business, particularly operating in the fintech sector where daily financial transactions are the norm. Paytm Payments Bank, owned by One97 Communications, has reportedly witnessed a massive surge in customer complaints...

Number of Internet Users in India Exceeds 800 Million: Rural India Dominates in Key Online Activities

India has experienced a remarkable surge in the widespread adoption and usage of the Internet over the past five years. This surge, with an impressive penetration rate exceeding 55%, can be largely attributed to telecom companies like Airtel and...

Will Vijay Shekhar Sharma’s Exit From Paytm Payments Bank Ease Tensions with the RBI?

One97 Communications Ltd (OCL), the parent company overseeing all Paytm entities, has officially disclosed a restructuring plan for the Paytm Payments Bank (PPBL) Board. This strategic move involves the departure of the visionary founder, Vijay Shekhar Sharma, from his...

PE Investments in India Plunged Over 30% YoY in 2023: Investors Bet Big on Growth and Late-Stage Ventures

In 2023, Indian enterprises and startups encountered significant challenges in terms of investments and strategic business expansion, as revealed in PWC India's latest report titled "Deals at a Glance." The report paints a stark picture of a substantial decline...

The Rise of Crypto Integration in Casino Platforms

Online gambling is almost unrecognizable from 10 years ago, and much of it has to do with the astronomic rate of crypto integration into the industry. Cryptocurrency casinos, once on the fringes, have now become one of the most...

Airtel Outperforms Jio with 3 Million Growth in Active Mobile Subscribers in December 2023; 12.44 Million Seek New Connections

India's telecom sector has dramatically changed over the past decade, with new players eating the market share of established telecom companies. A particularly noteworthy development in this transformation is the profound impact of Reliance Jio's entry, leading to an...

ED Tightens the Noose Around Byju’s Founder: Puts His Travel Plans Under Lens

Byju's, already grappling with financial challenges, now faces an additional obstacle as its founder, Byju Raveendran, comes under suspicion of contemplating an exit from India. Citing sources, the Economic Times reported that the Enforcement Directorate (ED) has prompted the...

Amazon Bets Big on Unbranded Bazaar in India: Aggressive Price Strategy to Conquer Tier II and III Cities?

Indians consistently prioritize price over brand recognition, and Amazon seems to have realised this trend. The e-commerce giant is strategically betting on its soon-to-be-launched low-price shopping platform, "Bazaar", aiming to woo value-conscious customers across tier II, III and IV...

Byju’s May Have to Shutter All Major Offices Across India: Defaults on Rent, Receives Multiple Legal Notices

Byju's has been grappling with a financial storm for quite some time, prompting it to take significant measures to weather the challenges. In the latest move, the edtech firm has downsized its office space in Bengaluru as part of...
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Latest News

Global Smartphone Market Q1 2024: Transsion’s Meteoric Rise Threatens Xiaomi’s Third-Place Empire

The global smartphone industry is still dealing with the lingering impacts of the COVID-19 pandemic and macroeconomic uncertainties in...
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