Mumbai: Businesses have been instrumental in reshaping the market by embracing innovation, fostering competition, and driving economic growth. Through their actions, they’ve contributed to the unleashing of freedom in several key ways. Businesses constantly strive to create new products, services, and technologies. This innovation not only meets consumer demands but also paves the way for enhanced choice and individual freedom. Innovations such as smartphones, streaming services, and electric vehicles have revolutionised how people communicate, entertain, and travel, empowering consumers with more options and the ability to tailor their lifestyles.
The rise of startups and small businesses has empowered individuals to become entrepreneurs and pursue their business ideas. This entrepreneurial freedom allows people to take control of their professional paths, create innovative solutions, and contribute to economic growth.
They also play a pivotal role in driving technological advancements. From medical breakthroughs to renewable energy solutions, businesses contribute to improving people’s well-being etc.The rise of e-commerce and online platforms has given consumers the ability to make informed choices and compare products easily. This transparency empowers consumers to make decisions that align with their values and preferences, reinforcing their freedom to choose.
Lets us see what the industry experts has to say regarding this topic:
Edited excerpts
SahiBandhu CEO & co-founder Rajesh Shet
SahiBandhu, an innovative gold loan aggregation platform, spearheads the landscape of possibilities. By unlocking the value of gold and jewellery for loans, it dismantles financial barriers, simplifies borrowing, and fosters inclusivity. Through the milestone of ₹10,000Cr+ gold loan disbursal, 2,50,000+ happy customers, & 10,200+ pincodes coverage SahiBandhu aims at touching countless lives in the times to come.
nurture.farm head of farm business Tushar Trivedi
In the true sense – what does unleashing freedom for an agriculture industry mean?
At nurture.farm, we want to be at the forefront of change. We want to work with all stakeholders right from pre-sowing to post-harvest to deliver sustainable outcomes. For change to be transformational, it must be inclusive. We are focused on bringing in inclusive & sustainable transformation by providing accessible technology for all, driving the adoption of precision farming, leveraging machine learning & artificial intelligence to make agriculture predictable, building farmer resilience, solving for market linkages and creating innovative climate-smart products & solutions that improve farm productivity, soil health, sustainable yields and better farmer income.
Freedom is to help farmers make decisions that deliver sustainable outcomes. Freedom is to make agriculture profitable by making it sustainable, predictable, and future-ready. Freedom is to address pain points of cultivation and addressing through technology and sustainable solutions. Freedom is to build a technology-first self-sufficient agriculture ecosystem. Freedom is to drive & lead India’s transition to sustainable agriculture. With nurture.farm, we are shaping an ecosystem that’s changing how we cultivate and building a tomorrow of abundance.
Finvasia co-founder & MD Sarvjeet Virk
I am witnessing a remarkable transformation in India, especially in the capital market space. The emergence of new-age entrepreneurs signifies a shift towards positive change, and it is mainly these innovators that are reshaping the landscape with their unwavering commitment. Simultaneously, established businesses are embracing this wave of transformation, introducing disruptive technologies like Artificial Intelligence (AI), Machine Learning (ML) and algorithmic models to revolutionise traditional processes.
The potential is immense in India’s expansive market, and coupled with the enthusiasm of these entrepreneurs, there is a promise for a brighter future. Their infusion of technology and fresh ideas is redefining how we approach capital markets. This evolution is stimulating, steering us towards a future where customer empowerment and untapped opportunities converge.
Creduce founder Shailendra Singh Rao
Technology is changing industries. Businesses are valuing customer service realising that customers rule and going above and beyond to please them.
Businesses are personalising, one-click checkout, and 24/7 support is a given.
Businesses are going green. Consumers want ethical businesses. Businesses are investing in renewable energy, reducing carbon emissions, and giving back.
Business is going global. Either they buy out global giants or simply reach out in those markets and conquer space. Technology is the biggest enabler.
Businesses are collaborating. They are finding that cooperating works better than competing. Partnerships, joint ventures, and strategic alliances have increased.
After 75 years of freedom, corporations are changing the market.
Big Data and analytics is improving decision-making. Product development and marketing are using more data than ever. These technologies automate, improve, and make impactful business decisions.
Businesses no longer focus on quarterly earnings. Long-term investments include research, training, and sustainability are more integrated. There is more transparency and accountability especially with consumers wanting business open and accountable. It can be safely said, Market-responsive companies are shaping the market and the future.
Loop CRO & co-founder Amrit Singh
At Loop Health, we stand at the forefront of a transformative journey, reshaping the market and redefining the very essence of health and wellness for businesses. As a pioneering health insurance broker, we are dedicated to crafting a new narrative—one that empowers businesses to prioritize the well-being of their employees in innovative ways. Our mission is two-fold: not only do we assist companies in securing optimal health insurance policies for their workforce, but we also drive the implementation of dynamic health and wellness initiatives that foster year-round vitality.
Through our unwavering commitment, we ensure that employees have unfettered access to medical professionals and specialists around the clock—24X7—irrespective of the hour or circumstance. This accessibility has proved instrumental in safeguarding the well-being of professionals across diverse industries, offering a lifeline during times of severe health crises.
Our vision transcends traditional paradigms, granting businesses the freedom to reshape their approach to health and wellness. We are more than just an insurance broker; we are architects of resilience, advocates of proactivity, and partners in progress. As we forge ahead on this remarkable journey, we invite businesses to join us in unleashing a new era of freedom—where the well-being of every individual is paramount, and the future of wellness is both innovative and invigorating.
Zoomcar CEO & co-founder Greg Moran
We are observing the unleashed power of freedom in the travel industry with car sharing. Not only is it changing the market, but also altering how we view transportation. Car sharing enables people to enjoy a lifestyle free from the stress of car ownership by providing easy, affordable and sustainable alternatives. This trend promotes a sense of community and connectivity in addition to easing transportation congestion and lowering pollution. Car sharing serves as a light of progress as we advance toward a future of wiser decisions, bringing with it a new era of liberated movement and a cleaner planet.
In summary, businesses have reshaped the market by fostering innovation, promoting competition, generating employment, facilitating global connections, and empowering individuals to exercise their freedom in various ways. Through their actions, businesses have contributed to a more dynamic and inclusive market landscape that enhances personal and economic freedom.
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