Category: iWorld

  • Social media influencers redefine power in Bharat Dialogues’ 2024 Top 100

    Social media influencers redefine power in Bharat Dialogues’ 2024 Top 100

    MUMBAI: Who holds power in India today? Politicians, business tycoons, and cinema stars may still dominate the limelight, but the rise of digital creators is rewriting the playbook of influence.

    The Bharat Dialogues’ 2024 List of the 100 Most Influential People has brought this shift into sharp focus, featuring 16 social media influencers alongside the likes of prime minister Narendra Modi, Indian cinema icon Shah Rukh Khan, and business mogul Gautam Adani.

    This evolution, driven by the Rs 12,000 crore creator economy and India’s insatiable appetite for digital content, reflects a new era where relatability often trumps legacy. The list, compiled from insights of 30,790 respondents and deliberations by an esteemed jury, celebrates individuals across politics, entertainment, business, startups, and more, offering a vivid snapshot of India’s changing influence landscape.

    The 2024 Bharat Dialogues List signals a seismic shift. Where once influence rested solely in the hands of politicians (24 on the list), industrialists (18), and cinema stars (12), creators like Ankur Warikoo, Raj Shamani, and Urfi Javed now share the spotlight.

    “These creators don’t just entertain,” said Bharat Dialogues co-founder Vivek Satya Mitram, “they connect deeply with audiences, shattering traditional hierarchies of power.”

    Take Ranvir Allahabadia, a fitness entrepreneur turned motivational force, or Dolly Chaiwala, whose satirical commentary draws a massive 10-million-strong following. They don’t merely inspire; they engage, offering something legacy figures often struggle to match: authenticity.

    Creators vs Titans

    The list paints an intriguing juxtaposition:

    . Politicians: With Narendra Modi and Yogi Adityanath dominating governance, their influence stems from shaping policy and public narratives. But creators bring a fresh voice to grassroots issues, connecting directly with audiences often underserved by traditional media.

    . Business leaders: Industrialists like Gautam Adani and Falguni Nayar continue to drive economic innovation. Yet influencers like Ashneer Grover blend entrepreneurial grit with digital savvy, reaching millions through bold, relatable content.

    .  Cinema celebrities: While Shah Rukh Khan and Deepika Padukone command cultural clout, influencers like Urfi Javed redefine stardom by shunning convention and celebrating individuality.

    Digital creators thrive in a space where relatability trumps wealth or authority. Platforms like YouTube and Instagram have removed gatekeepers, empowering figures like Acharya Dhirendra Shastri to merge spirituality with digital innovation, or Ankur Warikoo to transform financial literacy into an engaging digital movement.

    “Influence has shifted from boardrooms and red carpets to smartphones and social feeds,” observed Bharat Dialogues co-founder Pooja Priyamvada.

    By the numbers:

    . India’s creator economy grew by 25 per cent in 2024, reaching a staggering Rs 12,000 crore.

    . Social media advertising now accounts for 35 per cent of India’s total ad spend, reflecting brands’ increasing reliance on influencers.

    . Influencers generate 60 per cent higher engagement than traditional celebrity endorsements.

    As digital consumption surges, this trend shows no signs of slowing. With younger generations driving content trends, creators like Raj Shamani-a voice for entrepreneurial aspirations—are not just reshaping influence; they’re redefining it entirely.

    “Creators are more than disruptors,” said Vivek. “They’re the architects of a cultural shift that will continue to reshape India’s socio-economic fabric.”

    As India stands on the cusp of this transformation, Bharat Dialogues’ 2024 list offers more than a snapshot—it captures a nation in transition, where influence is no longer inherited but earned in the hearts of millions.

    Explore the full list here: Bharat Dialogues Top 100

  • Streaming Wars 2024: Prime Video, Netflix, and Disney+ Hotstar capture viewer eyeballs, Ormax Report Reveals

    Streaming Wars 2024: Prime Video, Netflix, and Disney+ Hotstar capture viewer eyeballs, Ormax Report Reveals

    MUMBAI: Prime Video and Netflix led India’s streaming landscape in 2024, capturing significant viewership across Hindi originals, while Disney+ Hotstar excelled in Tamil and Telugu content, according to Ormax Media’s Streaming Originals in India – The 2024 Story.

    Hindi originals unscripted

    The Hindi language space saw Prime Video’s Mirzapur Season 3 topping  the list with 30.8 million viewers, followed by Panchayat Season 3 (28.2 million) and Netflix’s Heeramandi (21.5 million). Both platforms secured five entries each in the top 15 Hindi web series.

    In Hindi direct-to-OTT films, Netflix dominated with 11 of the top 15 spots, including Do Patti (15.1 million viewers), Sector 36 (13.9 million) and Sikandar Ka Muqaddar (13.5 million).

    Hindi films and Tamil

    The Hindi non-fiction space saw JioCinema’s Bigg Boss OTT Season 3 come out trumps and emerge as the most-watched unscripted show with 17.8 million viewers. Netflix’s The Great Indian Kapil Show followed with 15.7 million. Then came the great Indian start up hunt show SonyLiv’s Shark Tank India Season 3  which garnered 12.5 million viewers.

    Telugu and International
    Disney+ Hotstar reigned supreme in Tamil and Telugu streaming. Save The Tigers Season 2 (five  million viewers) and Inspector Rishi (4.9 million) led their respective categories. The platform secured four Telugu and seven Tamil entries in the top 10 lists.

    Netflix’s Squid Game Season 2 became the most-watched international series with 19.6 million viewers, setting a new all-time record in India. Prime Video’s Road House led among international films with six million viewers.

    The report highlighted the growing demand for regional and franchise-driven content, supported by a robust subscriber base across platforms. Ormax Media’s methodology estimated unique viewership based on primary research, reflecting India’s expanding streaming audience.

    You can download the report here

  • Netflix soars higher and higher  in Q4 2024; FY 2024

    Netflix soars higher and higher in Q4 2024; FY 2024

    MUMBAI: It’s netted a financial performance like never before. Global streamer Netflix concluded 2024 on a high note, achieving significant financial milestones and operational growth. With a focus on re-accelerating revenue, expanding membership, and delivering record-breaking content, the company also outlined its strategic priorities for 2025.

    2024 Financial Performance
    1. Revenue Growth:
    o Total revenue for 2024 reached $39 billion, a 16 per cent increase year-over-year.
    o Growth was supported by strong membership additions and successful content.

    2. Operating Metrics:
    o Operating income surged to $10.4 billion, marking the first time the company surpassed this threshold.
    o Operating margins improved by six points, closing at 27 per cent.

    3. Membership Expansion:
    o Global paid memberships rose to 302 million, with a record annual net addition of 41 million subscribers.

    4. Content Success:
    o Netflix dominated engagement metrics, achieving more viewing hours than its competitors combined.
    o Top content included Squid Game Season 2, Carry-On, and the Jake Paul vs. Mike Tyson fight—the most streamed sporting event ever.

    Q4 2024 Highlights
    1. Quarterly Revenue:
    o Revenue for Q4 increased 16 per cent year-over-year to $10.2 billion, or 19 per cent on a currency-neutral basis.
    2. Net Membership Additions:
    o Added 19 million net paid subscribers, marking the highest quarterly growth in Netflix’s history.
    3. Profitability:
    o Operating income rose by 52 per cent year-over-year to $2.3 billion.
    o Earnings per share (EPS) doubled, reaching $4.27 compared to $2.11 in Q4 2023.
    4. Content Performance:
    o Blockbusters like Squid Game Season 2 and holiday NFL games drove record viewership.

    2025 Strategic Outlook
    Netflix is poised for continued growth, focusing on content innovation, monetization, and global expansion.
    1. Revenue and Profitability:
    o Projected revenue: $43.5-$44.5 billion, reflecting 12 per cent-14 per cent growth.
    o Operating margin forecast: 29 per cent, up from 27 per cent in 2024.
    2. Content Plans:
    o Return of fan-favorites like Stranger Things, Wednesday, and Ginny & Georgia.
    o New live programming, including FIFA Women’s World Cup rights and NFL Christmas Day games.
    o Expansion of gaming, with the successful Squid Game: Unleashed and cloud gaming trials.
    3. Advertising Strategy:
    o The ad-supported tier accounted for 55 per cent of sign-ups in ad-available countries in Q4.
    o Planned rollout of first-party ad-tech in the U.S. by Q2 2025 to enhance targeting and engagement for advertisers.
    4. Free Cash Flow and Debt Management:
    o Expected free cash flow: ~$8 billion.
    o Reduction of $1.8 billion in bonds due in 2025 using proceeds from 2024 debt offerings.

    Netflix Co-CEO Ted Sarandos revealed that the company is eyeing streaming of sports in the near future. (Do we expect some amount of cricket rights competition heating up going forward?  Sarandos said; “Right now, we believe that the live events business is where we really want to be, and sports is a very important part of that, but it is a part of that expansion.”

    The company also unearthed new price points with the standard monthly subscription without advertisements will costing  $17.99, up from $15.49; the Standard monthly package with ads will rising from $6.99 to $7.99; 4K video quality subscriptions will be priced at $24.99 as compared to $22.99 now. This new price will first roll out in north America and will be followed by Europe and Apac later.

    The hope is that the price increase will push customers towards the ad supported tier which will mean higher ARPUs for Netflix. 

  • Truecaller finally cracks real-time caller ID for iPhones globally

    Truecaller finally cracks real-time caller ID for iPhones globally

    MUMBAI: Looks like Christmas came early for iOS users this year. What’s the most annoying thing about phone calls? Spam, right?.

    Well worry not because, Truecaller has rolled out its biggest-ever update for iPhone users, bringing real-time caller ID and spam-blocking features to iOS devices running version 18.2 or newer. Finally, iPhone users can enjoy the full power of Truecaller’s spam protection, levelling the playing field with Android.

    Powered by Apple’s Live Caller ID Lookup framework, this update enables iPhones to deliver Truecaller’s hallmark features—real-time caller identification and spam-blocking—using state-of-the-art homomorphic encryption. Truecaller is the first app globally to deploy this technology at scale, ensuring robust privacy while delivering unmatched functionality.

    Truecaller’s CEO Rishit Jhunjhunwala shared his excitement, “We are excited to bring the full power of Truecaller to iPhone. We see tremendous potential and growth in our iPhone user base, and parity with Truecaller’s Android experience has been top of their wishlist. This update does that and more while preserving privacy for all calling activity.”

    Truecaller, a pioneer in filtering unwanted communication for 15 years, has harnessed its latest AI capabilities and a vast global database to identify as many calls as possible. Whether it’s spam or a number you forgot to save, Truecaller now ensures no call goes unidentified—ever.

    But there’s more:

    . Automatic spam blocking: Users can now stop spam calls automatically, a long-requested feature.

    . Search history improvements: Look up previously identified calls, even going back up to 2,000 numbers in the Recents list.

    . Family Premium Plan: Share all Premium benefits with up to four additional people at an affordable monthly or annual price.

    To unlock the magic:

     1.  Ensure your iPhone runs Truecaller version 14.0 or later.

    2.  Open Settings > Apps > Phone > Call Blocking & Identification.

    3. Enable all Truecaller switches, then open the app to start identifying calls instantly.

    Premium subscribers will enjoy all the latest features, while free users will continue to access ad-supported number searches and caller IDs for Verified Businesses. The new auto-blocking and live caller ID features are rolling out globally starting today and will be available to all users within days.

    For years, iPhone users clamoured for Truecaller parity with Android. This update not only meets their expectations but surpasses them with cutting-edge technology, seamless usability, and uncompromising privacy.

    Ready to reclaim your peace from spam calls? Enable Truecaller today and enjoy uninterrupted, hassle-free communication.

  • OrangeGlobal Stories powers up leadership for Eshtory launch

    OrangeGlobal Stories powers up leadership for Eshtory launch

    MUMBAI: OrangeGlobal Stories has hit the refresh button on its leadership team with high-octane appointments to key positions. From finance to production, the new power-packed team is gearing up to take the platform’s flagship offering, ‘Eshtory’, to groundbreaking heights.

    Let’s face it—stories never sounded this exciting!

    Think of them as the Avengers, but for storytelling. Here’s who’s who in this star-studded lineup:

    . Chief financial officer Amar Vanzara: With 19 years of experience across financial heavyweights like Citigroup and J.P. Morgan Chase, Amar knows numbers like a chef knows recipes. His mission? Ensuring Eshtory cooks up sustainable growth and a Michelin-star-worthy financial strategy.

    Chief technology officer Aditya Kale: A certified tech wizard with expertise in IoT ecosystems and predictive analytics, Aditya is here to make Eshtory a seamless tech delight. Think binge-worthy stories, without the buffering drama.

    Head of human resources Tina Chakrabarti: Armed with 24 years of experience and a Six Sigma certification, Tina plans to turn Eshtory into a talent magnet. Will her HR magic make every employee’s Monday feel like Friday? Only time will tell.

    Head of marketing Preetam Thingalaya: With two decades of brand wizardry for giants like Zee5, Preetam’s ready to make Eshtory a household name. Brace yourselves for some seriously buzz-worthy campaigns.

    Head of production Pranay Naigaonkar: A media maverick with 20 years of experience, Pranay will ensure Eshtory’s content hits all the right notes. Literally.

    ‘Eshtory’ isn’t just another audio platform; it’s a new wave that’s riding high. As OrangeGlobal Stories co-founder Harrish Bhatia puts it, “We are thrilled to welcome such an accomplished group of leaders to the Eshtory team. Their diverse expertise and visionary leadership will play a critical role in bringing our groundbreaking audio storytelling platform to life.”

    Can they truly redefine how stories are told?

    The platform’s name might hint at history, but it’s all about the future. Built on a foundation of creativity and cutting-edge technology, Eshtory promises to deliver immersive stories that will make you laugh, cry, and question your definition of entertainment.

    Radio Orange CEO & OrangeGlobal Stories deputy chairperson, Inu Majumdar sums it up beautifully, “The strength of any transformative endeavour lies in its people. This remarkable team brings unparalleled depth of talent and expertise, empowering Eshtory to set new benchmarks in storytelling and deliver experiences that captivate and inspire.”

    Echoing her sentiment, OrangeGlobal Stories co-founder Viplove Gupte remarked, “At Eshtory, we aim to redefine how stories are experienced. With this stellar leadership team, we are confident in delivering narratives that blend creativity and technology to deeply resonate with audiences.”

    OrangeGlobal Stories co-founder Nilesh Kadam added, “Eshtory is built on the foundation of innovation and engagement. These appointments strengthen our vision of transforming the audio storytelling landscape, offering unique experiences that push creative boundaries.”

    With a dream team in place, ‘Eshtory’ is on track to disrupt the audio storytelling space. Its promise? Stories that don’t just entertain but immerse, engage, and inspire. From finance to production, every aspect is primed to set a new industry standard.

  • Ex-Disney+Hotstar head Sajith Sivanandan jumps on to Jio Platforms

    Ex-Disney+Hotstar head Sajith Sivanandan jumps on to Jio Platforms

    MUMBAI:  It’s a homecoming of sorts of Sajith Sivanandan. He worked  with the team at Disney+Hotstar and he’s transitioned from there (with the same folks who have moved to the merged company) as  president of Jio Mobile Digital Services  under Jio Platforms.  In this role, Sanjith will lead the development of AI-driven digital services for Jio Mobile, with a focus on enhancing user experience and scaling digital solutions.

    Sajith brings a wealth of experience to his new position, having previously served as the head of Disney+ Hotstar from October 2022 to December 2024. During his tenure, he managed the platform’s strategy, growth, and product development, helping it remain a major player in India’s streaming market. Prior to this, he worked at Google for 15 years, holding various leadership positions, including managing director and business head for Google Pay and Next Billion User Initiatives in the Asia Pacific region.

    Sajith has also worked at various other notable organizations, including XA Network, where he was a member from February 2021 to December 2023; Affle UK Ltd, where he was a director of market development and consumer insight from October 2006 to October 2007; and The Gallup Organization, where he was an associate partner from May 2001 to September 2006.

    Sajith’s expertise in digital media, business strategy, and analytics will be instrumental in driving Jio Mobile’s digital services forward. He will work closely with cross-functional teams to build a suite of digital services at scale for Jio Mobile, underpinned by AI. Sanjith’s appointment is a significant milestone in Jio Platforms’ mission to revolutionise the digital landscape in India.

    Sajith holds an MBA in finance from the Asian Institute of Management and a bachelor’s degree in History from Hindu College, Delhi University. He has also completed his MBA in marketing from FORE School of Management, New Delhi.

    Sajith’s appointment is a significant milestone in Jio Platforms’ mission to revolutionize the digital landscape in India. With his extensive experience in digital media, business strategy, and analytics, he is well-equipped to drive Jio Mobile’s digital services forward and enhance user experience for customers.

    (Earlier, the article had mentioned Sajith’s name as Sanjith. We have corrected it since. A big thank you to Peter Mukerjea for pointing it out. The error is regretted – Editor.)

  • VdoCipher launches live streaming solution ZenStream with a DVR

    VdoCipher launches live streaming solution ZenStream with a DVR

    MUMBAI: Video hosting firm VdoCipher has announced the launch of ZenStream, a live streaming solution crafted to tackle pressing challenges faced by e-learning platforms, media houses, and broadcasters. Built on a robust infrastructure supported by Amazon Web Services (AWS) and Google Cloud Platform (GCP), ZenStream offers seamless scalability for up to 100,000 viewers per session, full HD playback, and remarkably fast integration into websites or applications within five minutes.

    ZenStream’s standout feature is its digital video Recorder (DVR) functionality, which empowers viewers by allowing them to rewind live streams by up to six hours, pause broadcasts, and revisit significant moments at their convenience. This innovative feature not only enhances viewer engagement and satisfaction but also builds trust, fostering long-term loyalty among audiences.   The company has a strong track record, having supported over 3,000 businesses in streaming approximately 260 million hours of video content across 180+ countries.

    VdoCipher  CEO & co-founder Siddhant Jain spoke about the importance of the DVR feature, stating, “traditional live streaming often leaves viewers helpless when interruptions cause them to miss critical moments, forcing them to rejoin the live feed without any way to catch up. ZenStream solves this with its DVR functionality, allowing viewers to rewind, pause, and revisit key moments seamlessly. Whether it’s a live cricket match, a conference, or an educational webinar, ZenStream ensures an enriching experience that adapts to the viewer’s schedule, making missed moments a thing of the past.”

    In addition to its DVR capabilities, ZenStream delivers an industry-leading live streaming experience characterised by smooth global playback and exceptional audience interaction. Key features include real-time audience engagement tools, automatic recording, and built-in digital rights management (DRM) protection, making it an ideal solution for various applications, from live sports events and educational lectures to entertainment broadcasts and corporate conferences.

  • Pravan-Bhuta launch Specter to revolutionise game development in India

    Pravan-Bhuta launch Specter to revolutionise game development in India

    MUMBAI: The gaming industry just got its next big cheat code, and no, it’s not “Up, Up, Down, Down”!

    ‘Specter’, India’s first-of-its-kind backend platform by Dirtcube Interactive, designed to level up the entire game development process. With Specter, the days of juggling multiple tools are over. This one-stop solution combines LiveOps, in-game economy management, leaderboards, achievements, and more into a single powerhouse platform.

    ‘Specter’ is a game-changer for indie developers, publishers, and even esports organisers looking to scale effortlessly. But don’t just take our word for it—Dirtcube Interactive LLP co-founders Pravan Parikh and Mikhail Bhuta are bringing years of tech wizardry and business insight to ensure Specter isn’t just a platform but a lifeline for developers navigating the ever-expanding gaming world.

    What does ‘Specter’ do? Imagine having a tool that could make creating games as fun as playing them. ‘Specter’ promises to do just that. Designed with simplicity and scalability in mind, this backend platform powers everything from player progression to real-money features, offering developers the flexibility to build dynamic gaming experiences.

    Specter’s AI-driven features are already making waves. With predictive AI for LiveOps, developers can now customise player experiences, roll out fresh in-game content, and even adapt gameplay on the fly. The best part? It’s four times faster than traditional development methods.

    Still unsure why ‘Specter’ is a big deal? Let’s break it down:

    1    Customisation: It’s not a one-size-fits-all solution. Specter tailors backend services to meet the specific needs of developers, making it ideal for indie studios and big publishers alike.

    2    Cross-platform integration: Unites players across devices for a seamless gaming experience.

    3    Cost efficiency: Save money, time, and stress—because who doesn’t want that?

    Imagine having all this power at your fingertips. Now, who’s ready to create the next Candy Crush or Valorant?

    Parikh explained it best, “We are delighted to officially launch Specter, a platform that represents years of dedicated effort, learning, and innovation. While India’s gaming and esports industry is experiencing rapid growth, significant gaps persist in the game development ecosystem. Specter is designed to bridge these gaps by empowering creators across industries with the tools they need to make game development more accessible, efficient, and rewarding. Our vision is for Specter to become the invisible hand that powers truly immersive gaming experiences.”

    Bhuta added, “Specter is designed to address the challenges game developers face, from scalability to real-time operations and seamless cross-platform integration. We’ve focused on delivering a backend solution that simplifies the development process while enhancing the player experience. Our goal is to create a platform that evolves with the rapidly changing gaming industry, featuring cutting-edge tools that keep developers ahead of the curve. With Specter, we aim to help developers all over the world lay the foundation for the next generation of immersive gaming experiences,”

    Specter isn’t just for traditional game developers—it’s an all-rounder for industries like gamification, esports, and even marketing.

    1    Esports: Simplifies tournament management with real-time leaderboards and secure prize distribution.

    2    Fitness and Loyalty Apps: Engages users with rewards and achievements.

    3    Marketing Campaigns: Powers interactive and gamified branding experiences.

    Specter isn’t hitting the pause button anytime soon. The platform plans to build a thriving developer community by collaborating with indie studios and expanding AI tools to create next-gen LiveOps. Oh, and expect partnerships with leading gaming engines to make Specter’s ecosystem even more robust.

    With India’s gaming industry growing exponentially, ‘Specter’ arrives at the perfect time. Whether you’re creating the next Among Us or launching an esports league, ‘Specter’ promises to simplify the grind so developers can focus on what truly matters—making games we all love to play.

    With Specter, the future of gaming isn’t just bright—it’s game-changing.

  • Rajshri Productions to make OTT debut with  Bada Naam Karenge on Sony Liv

    Rajshri Productions to make OTT debut with Bada Naam Karenge on Sony Liv

    MUMBAI: Rajshri Productions and the Barjatya family have regaled us with family-oriented movies for decades now. Whether it was Nadiya ke Paar or Jeevan Mrityu or Maine Pyar Kiya or Hum Aapke Hain Koun or the more recent Uunchai, families flocked to the cinema halls knowing what they were going to get: squeaky-clean-emotional-yet-entertaining- and-very rooted-in-Indian-culture fare.

    Now, the production house is  set to make its highly anticipated OTT debut with the series Bada Naam Karenge premiering on 7 February on Sony Liv. This heart-warming tale explores themes of love, family, and self-discovery, perfectly timed for the season of romance.

    Directed by Palash Vaswani, known for Gullak, and helmed by legendary showrunner Sooraj R. Barjatya, Bada Naam Karenge infuses a modern twist into traditional storytelling, remaining true to Rajshri’s legacy of heartfelt narratives.

    The series follows Rishabh and Surbhi, a Gen Z couple navigating their dreams while embracing the warmth of family values. Their journey intertwines love, tradition, and self-identity, aiming to evoke laughter, tears, and introspection.

    Showrunner Sooraj R. Barjatya remarked:  “Bada Naam Karenge is a labor of love that celebrates family and respect for tradition in a modern world. It bridges generational gaps, showing that Gen Z can be ambitious yet deeply rooted in values.”

    Director Palash Vaswani added:  “I believe the innocent romance that once graced our screens is missing from modern entertainment. This show aims to revive that beloved genre, offering a family-friendly experience that resonates with all ages.”

    The stellar cast includes Ritik Ghanshani, Ayesha Kaduskar, Kanwaljeet Singh, Alka Amin, and Jameel Khan, among others. 

    Bada Naam Karenge invites viewers to rediscover love and family values, showcasing moments that inspire and uplift.

  • Zomato revenue hits Rs 5,657 million in Q3 while PAT shrinks to Rs 59 million

    Zomato revenue hits Rs 5,657 million in Q3 while PAT shrinks to Rs 59 million

    MUMBAI: Zomato, the poster child of India’s food-tech revolution, has released its Q3 FY25 results, revealing a fascinating mix of growth and persistent challenges. Founded by Deepinder Goyal, a man who turned his restaurant review dream into a billion-dollar reality, Zomato’s journey from a niche startup to a household name is nothing short of inspiring. Today, the company boasts a market valuation of over Rs 50,000 crore, but the path has been far from smooth.

    In a bid to outpace competitors like Swiggy and Zepto, Zomato has aggressively expanded its portfolio. From acquiring Blinkit, which revolutionised its quick commerce game, to launching ‘Zomato District,’ an experimental dining experience platform, the company is firing on all cylinders. However, this rapid growth hasn’t come without its challenges. The acquisition spree and investments in new verticals have added significant strain to its financials. And let’s not forget the Rs 803.4 crore GST-related setback from Maharashtra —talk about an unexpected delivery charge!

    With consolidated revenue hitting Rs 5,657 million, up from Rs 3,507 million a year ago, the numbers tell a story of resilience and reinvention. But as profitability continues to slip through its grasp, the burning question remains: can Zomato strike the elusive balance between growth and financial sustainability? Or is it simply running faster on a treadmill of rising costs? Buckle up, because this food-tech giant’s journey is far from over.

    Consolidated Results

    In Q3 FY25, Zomato’s consolidated revenue from operations surged by 54 per cent year-over-year to Rs 5,405 million, with additional income of Rs 252 million pushing total income to Rs 5,657 million. While these numbers showcase growth, they come with a hefty price tag—rising costs that seem as persistent as your favourite food app’s notifications.

    Employee benefits expenses climbed to Rs 689 million, which makes one wonder: are delivery executives being given gold-plated scooters? Advertising and sales promotion costs held steady at Rs 421 million, showing Zomato’s relentless pursuit of eyeballs and appetites. Meanwhile, delivery-related charges hit a whopping Rs 1,450 million—proof that staying ahead in the food-tech race isn’t a cheap sport.

    But here’s where the humour fades. Despite revenue growth, Zomato’s profit before tax tumbled to Rs 124 million, a notable dip from Rs 237 million in the previous quarter. The consolidated profit after tax (PAT) followed suit, shrinking to Rs 59 million, down from Rs 176 million last quarter. Even EBITDA, the trusty metric of operational health, showed only marginal improvement. Is this growth, or are we just running on a treadmill of expenses?

    Adding spice to the financial mix, Zomato’s segment performance revealed contrasting flavours: Hyperpure, its B2B vertical, grew a sizzling 94.5 per cent YoY, while Quick Commerce revenue rocketed 117 per cent YoY, contributing Rs 1,399 million to the top line. But profitability? It’s still playing hard to get—a romance worthy of a Netflix drama.

    So, what’s the takeaway here? Is Zomato on a path to future dominance, or is it stuck in a never-ending balancing act between growth and margin woes? Investors, grab your popcorn, because this plot just keeps thickening!

    Standalone Results

    The standalone results painted a slightly brighter picture—a rare dessert in a financial menu filled with rising costs. Revenue from operations for Q3 FY25 climbed to Rs 2,226 crore, up from Rs 1,782 crore in the same period last year. Including Rs 311 crore in other income, total income reached Rs 2,537 crore, offering some much-needed cheer to investors. Who doesn’t love a surprise topping?

    But let’s not pop the champagne just yet. Employee benefits expenses rose to Rs 333 crore—are we paying delivery riders in Bitcoin now? Meanwhile, delivery-related costs surged to Rs 941 crore, showing that keeping up with a booming market comes at a steep price. Despite these headwinds, Zomato managed to serve up a standalone profit before tax of Rs 574 crore, a healthy increase from Rs 385 crore in Q3 FY24. The standalone PAT came in at Rs 494 crore, proving that even amidst turbulence, there’s room for optimism.

    So, can Zomato keep delivering these sweet surprises, or are rising costs about to steal dessert off the table? Investors, stay tuned!

    Operational Highlights

    1.  Segment Growth:

    Food delivery revenue grew by 21.6 per cent YoY to Rs 2,072 million.

    Hyperpure, Zomato’s B2B vertical, surged by 94.5 per cent YoY to Rs 1,671 million.

    Quick commerce, a new darling, contributed Rs 1,399 million, up from Rs 644 million last year.

    2. Acquisitions: Zomato’s acquisition spree continues to bear fruit. The recent addition of Wasteland Entertainment Private Limited (WEPL) and Orbgen Technologies Private Limited (OTPL) underscores its focus on diversification.

    3. Regulatory Challenges: The company faced a GST-related setback, with demands totalling Rs 420 crore from Maharashtra and West Bengal authorities. While management remains optimistic, these disputes add another layer of complexity to its financial landscape.

    Zomato’s results reflect the growing pains of a company caught between scaling operations and achieving profitability. While the rapid growth in Hyperpure and Quick Commerce shows plenty of promise, the company’s ballooning costs and pesky regulatory hurdles resemble hurdles in a marathon where the finish line keeps moving.

    So, what’s the final verdict? Is Zomato writing the next big food-tech success story, or is it cooking up a recipe for endless spending? As India’s food-tech landscape becomes more cutthroat, the stakes for Zomato couldn’t be higher. The question isn’t just whether they can deliver food on time but whether they can finally deliver profits to investors. One thing’s for sure: this is a journey worth watching—and it’s bound to be as spicy as a midnight biryani craving!

    Key Financial Highlights

    . Consolidated Revenue: Rs 5,405 million for Q3 FY25; Rs 14,410 million for nine months.

    Standalone Revenue: Rs 2,226 million for Q3 FY25; Rs 6,425 million for nine months.

    PAT (Consolidated): Rs 59 million for Q3 FY25; Rs 488 million for nine months.

    EBITDA Margin: Improved slightly but remains constrained by rising costs.

    Segment Growth: Hyperpure surged by 94.5 per cent YoY, Quick Commerce up by 117 per cent YoY.