Category: iWorld

  • Onspon.com appoints Aditi Sharma as VP

    Onspon.com appoints Aditi Sharma as VP

    MUMBAI: Aditi Sharma has appointed in Onspon.com, the only market place for evet sponsorship as Vice Presedent, North India Division.

    Aditi comes with 9+ years of diverse industry experience. A graduate in Capital Markets & Trading, she started her career in Banking and then moved onto creating a strong foot hold in flooring solutions, media and event industries. In these industries, she has amassed a repertoire of skills in the domains of strategic planning, sales & marketing, technology augmentation and business expansion.

    Alongside these, she has also built a strong foundation in training & customer service, network and business expansion.

    Over the last decade, Aditi has worked in multiple capacities. Prior to Onspon.com she was the Business Head at Snowmasters Special Effects Pvt Ltd and also worked with brands like Rediff.com, ABEC Ltd, Nora Floorings, Stonemaan Royale, HDFC Bank.

    Her passion lies in travelling, networking and painting owing to the armed forces background that she hails from.

  • Onspon.com appoints Aditi Sharma as VP

    Onspon.com appoints Aditi Sharma as VP

    MUMBAI: Aditi Sharma has appointed in Onspon.com, the only market place for evet sponsorship as Vice Presedent, North India Division.

    Aditi comes with 9+ years of diverse industry experience. A graduate in Capital Markets & Trading, she started her career in Banking and then moved onto creating a strong foot hold in flooring solutions, media and event industries. In these industries, she has amassed a repertoire of skills in the domains of strategic planning, sales & marketing, technology augmentation and business expansion.

    Alongside these, she has also built a strong foundation in training & customer service, network and business expansion.

    Over the last decade, Aditi has worked in multiple capacities. Prior to Onspon.com she was the Business Head at Snowmasters Special Effects Pvt Ltd and also worked with brands like Rediff.com, ABEC Ltd, Nora Floorings, Stonemaan Royale, HDFC Bank.

    Her passion lies in travelling, networking and painting owing to the armed forces background that she hails from.

  • Hotstar and Netflix India get into a Twitter battle

    Hotstar and Netflix India get into a Twitter battle

    MUMBAI: What happens when an Indian and a global streaming service get into a social media spat? Hotstar and Netflix on their respective Twitter handles have sparked an entertaining battle over a picture that was posted by Netflix India. The Reed Hastings headed company wanted to wish the House Of Cards star Kevin Spacey in style, and they did, with this picture. 

    Hotstar had created a similar image a while back in order to promote its All India Backchod show collaboration On Air With AIB.

    The reply from Hotstar started a banter between the duo in a series of tweets.

    Netlflix replied back with a GIF from House of Cards saying “Insecurity bores me”.

    To which Hotstar replied,

    We don’t know which of the two had the last laugh! But the twitter jousting sure brought a smile on twitterati’s faces!

  • Hotstar and Netflix India get into a Twitter battle

    Hotstar and Netflix India get into a Twitter battle

    MUMBAI: What happens when an Indian and a global streaming service get into a social media spat? Hotstar and Netflix on their respective Twitter handles have sparked an entertaining battle over a picture that was posted by Netflix India. The Reed Hastings headed company wanted to wish the House Of Cards star Kevin Spacey in style, and they did, with this picture. 

    Hotstar had created a similar image a while back in order to promote its All India Backchod show collaboration On Air With AIB.

    The reply from Hotstar started a banter between the duo in a series of tweets.

    Netlflix replied back with a GIF from House of Cards saying “Insecurity bores me”.

    To which Hotstar replied,

    We don’t know which of the two had the last laugh! But the twitter jousting sure brought a smile on twitterati’s faces!

  • Q2-16: Facebook ad revenue up 63percent, income triples

    Q2-16: Facebook ad revenue up 63percent, income triples

    BENGALURU: Facebook Inc., (Facebook) advertisement revenue increased 63percent year-on year (Y-o-y) for the second quarter ended 30 June 2016 (Q2-16, current quarter) at $6,239 million as compared to $3,827 million in Q2-15. Advertisement revenue growth in percentage terms was led by the US and Canada (68.5percent growth) and the A-Pac (66.8percent growth) regions. Ad revenue share by geography in Q2-16 was: US and Canada –49.3 percent; Europe – 24.8percent; A-Pac – 16.2 percent, and the rest of the world (ROW) – 9.7percent.

    Facebook reported 59.2 percent growth in total revenue at $6,436 million as compared to $4,042 million in the corresponding quarter of the previous year.The social media giant’s net income in Q2-16 almost tripled (by 2.86 times) year-on-year (y-o-y) to $2,055 million, as compared to $719 million in Q2-15.

    Growth in revenue in percentage terms was also led by growth from the US and Canada (63.3percenty-o-y growth) and the A-Pac (64.5percenty-o-y growth) geographical regions. A major share of Facebook’s revenue (49.9 percent) came from the US and Canada region, while the A-Pac regioncontributed 15.9percentto revenue in Q2-16. Europe’s contribution to Facebook revenue was 24.6percent and ROW contributed 9.5percent during the same period.

    “Our community and business had another good quarter,” said Facebook founder and CEOMark Zuckerberg. “We’re particularly pleased with our progress in video as we move towards a world where video is at the heart of all our services.”

    Please refer to Fig 1 for Facebook’s revenue and Fig 2 for Facebook’s advertisement revenue breakup by geography below.
     

    It is evident from Fig 2 below that the share of revenue from US and Canada, and A-Pac regions has been increasing, while share of revenue from Europe and ROW has been declining, though in Q2-16, revenue share from the ROW has shown a slight resurgence.

    Facebook’s daily average users (DAU) increased 16.5 percenty-o-yin the current quarter to 1,128 million as compared to 968 million in Q2-15. For the current quarter,A-Pac (21.4percenty-o-ygrowth) and the ROW (21.6percenty-o-ygrowth) regions lead DAU growth in percentage terms. In Q2-16 DAU from US and Canada grew by 6.7percenty-o-y, while Europe DAU grew 10.5 percenty-o-y. Please refer to Fig 3 below.

    The proportion of people logging on to Facebook on their mobiles has grown to 91.6percent in the current quarter as compared to 87.2percent in Q2-15 and 90.7percent in the immediate trailing quarter (Q1-16).

    The curve B in Fig 3 below signifies the ratio of DAUs’ to Monthly Average Users (MAU), while curve A indicates the percentage of Mobile DAUs’ to DAUs’. Mobile DAU’s in Q2-16 have increased 22.4percenty-o-y to 1,033 million as compared to 844 million in Q2-15.
     

    ARPU

    Facebook’s worldwide average revenue per user (ARPU) in the current quarter was $3.82 as compared to $2.76in Q2-15 and $3.32 in Q1-16. The US and Canada regions lead in terms of ARPU by far. ARPU for the US and Canada region was $14.34 in the current quarter. Corresponding numbers for other regions for Q2-16 were Europe $4.72; A-Pac $1.77; ROW $1.13.

     

  • Q2-16: Facebook ad revenue up 63percent, income triples

    Q2-16: Facebook ad revenue up 63percent, income triples

    BENGALURU: Facebook Inc., (Facebook) advertisement revenue increased 63percent year-on year (Y-o-y) for the second quarter ended 30 June 2016 (Q2-16, current quarter) at $6,239 million as compared to $3,827 million in Q2-15. Advertisement revenue growth in percentage terms was led by the US and Canada (68.5percent growth) and the A-Pac (66.8percent growth) regions. Ad revenue share by geography in Q2-16 was: US and Canada –49.3 percent; Europe – 24.8percent; A-Pac – 16.2 percent, and the rest of the world (ROW) – 9.7percent.

    Facebook reported 59.2 percent growth in total revenue at $6,436 million as compared to $4,042 million in the corresponding quarter of the previous year.The social media giant’s net income in Q2-16 almost tripled (by 2.86 times) year-on-year (y-o-y) to $2,055 million, as compared to $719 million in Q2-15.

    Growth in revenue in percentage terms was also led by growth from the US and Canada (63.3percenty-o-y growth) and the A-Pac (64.5percenty-o-y growth) geographical regions. A major share of Facebook’s revenue (49.9 percent) came from the US and Canada region, while the A-Pac regioncontributed 15.9percentto revenue in Q2-16. Europe’s contribution to Facebook revenue was 24.6percent and ROW contributed 9.5percent during the same period.

    “Our community and business had another good quarter,” said Facebook founder and CEOMark Zuckerberg. “We’re particularly pleased with our progress in video as we move towards a world where video is at the heart of all our services.”

    Please refer to Fig 1 for Facebook’s revenue and Fig 2 for Facebook’s advertisement revenue breakup by geography below.
     

    It is evident from Fig 2 below that the share of revenue from US and Canada, and A-Pac regions has been increasing, while share of revenue from Europe and ROW has been declining, though in Q2-16, revenue share from the ROW has shown a slight resurgence.

    Facebook’s daily average users (DAU) increased 16.5 percenty-o-yin the current quarter to 1,128 million as compared to 968 million in Q2-15. For the current quarter,A-Pac (21.4percenty-o-ygrowth) and the ROW (21.6percenty-o-ygrowth) regions lead DAU growth in percentage terms. In Q2-16 DAU from US and Canada grew by 6.7percenty-o-y, while Europe DAU grew 10.5 percenty-o-y. Please refer to Fig 3 below.

    The proportion of people logging on to Facebook on their mobiles has grown to 91.6percent in the current quarter as compared to 87.2percent in Q2-15 and 90.7percent in the immediate trailing quarter (Q1-16).

    The curve B in Fig 3 below signifies the ratio of DAUs’ to Monthly Average Users (MAU), while curve A indicates the percentage of Mobile DAUs’ to DAUs’. Mobile DAU’s in Q2-16 have increased 22.4percenty-o-y to 1,033 million as compared to 844 million in Q2-15.
     

    ARPU

    Facebook’s worldwide average revenue per user (ARPU) in the current quarter was $3.82 as compared to $2.76in Q2-15 and $3.32 in Q1-16. The US and Canada regions lead in terms of ARPU by far. ARPU for the US and Canada region was $14.34 in the current quarter. Corresponding numbers for other regions for Q2-16 were Europe $4.72; A-Pac $1.77; ROW $1.13.

     

  • Digital India aimed at creating knowledge-based society: Speaker tells MPs

    Digital India aimed at creating knowledge-based society: Speaker tells MPs

    NEW DELHI: Observing that the digital age is going to dominate the future, Lok Sabha Speaker Sumitra Mahajan has said the Digital India Programme is a giant leap in the endeavour to create a digitally empowered and knowledge-based society.

    Inaugurating an Orientation Programme on ‘Digital India Implementation’ for Members of Parliament in Parliament Library Building yesterday, she emphasized that many may not be well acquainted with Digital India as it was a relatively new phenomenon but it was imperative that Members as people’s representatives gain the right knowledge through this familiarization programme for the benefit of people at large.

    Mahajan further observed that Digital India campaign launched in July 2015 seeks to ensure that the Government services are made available to people effectively by improving online infrastructure, by increasing internet connectivity and by making the country digitally empowered in the field of technology.

    She hoped that the domain experts in the field would focus on the key components of Digital India Framework, MyGov – Creating Participatory Digital Democracy and Digital Village – connecting Rural India to Digital Services for the Members.

    Mahajan stressed that our Parliament is taking pro-active measures in adopting and applying information technology in its functioning. She said that an e-Portal for Lok Sabha Members was launched on 17 July 2016 to help the Members to discharge their parliamentary works more efficiently. It will be instrumental in minimizing the use of paper and help to convert Lok Sabha into a paperless institution in future, she added.

    Electronics & Information Technology Minister Ravi Shankar Prasad; Minister of State of P P Chaudhary; Bureau of Parliamentary Studies and Training (BPST) Honorary Advisor Raghunandan Sharma and Lok Sabha Secretary-General Anoop Mishra were also present at the inaugural function. The Programme was organized by BPST, Lok Sabha Secretariat in collaboration with the National Institute for Smart Government.

  • Digital India aimed at creating knowledge-based society: Speaker tells MPs

    Digital India aimed at creating knowledge-based society: Speaker tells MPs

    NEW DELHI: Observing that the digital age is going to dominate the future, Lok Sabha Speaker Sumitra Mahajan has said the Digital India Programme is a giant leap in the endeavour to create a digitally empowered and knowledge-based society.

    Inaugurating an Orientation Programme on ‘Digital India Implementation’ for Members of Parliament in Parliament Library Building yesterday, she emphasized that many may not be well acquainted with Digital India as it was a relatively new phenomenon but it was imperative that Members as people’s representatives gain the right knowledge through this familiarization programme for the benefit of people at large.

    Mahajan further observed that Digital India campaign launched in July 2015 seeks to ensure that the Government services are made available to people effectively by improving online infrastructure, by increasing internet connectivity and by making the country digitally empowered in the field of technology.

    She hoped that the domain experts in the field would focus on the key components of Digital India Framework, MyGov – Creating Participatory Digital Democracy and Digital Village – connecting Rural India to Digital Services for the Members.

    Mahajan stressed that our Parliament is taking pro-active measures in adopting and applying information technology in its functioning. She said that an e-Portal for Lok Sabha Members was launched on 17 July 2016 to help the Members to discharge their parliamentary works more efficiently. It will be instrumental in minimizing the use of paper and help to convert Lok Sabha into a paperless institution in future, she added.

    Electronics & Information Technology Minister Ravi Shankar Prasad; Minister of State of P P Chaudhary; Bureau of Parliamentary Studies and Training (BPST) Honorary Advisor Raghunandan Sharma and Lok Sabha Secretary-General Anoop Mishra were also present at the inaugural function. The Programme was organized by BPST, Lok Sabha Secretariat in collaboration with the National Institute for Smart Government.

  • Former Myntra finance head Prabhakar Sunder joins Voonik

    Former Myntra finance head Prabhakar Sunder joins Voonik

    MUMBAI: Voonik appointed Prabhakar Sunder as its chief financial officer. Sunder brings over 15 years of experience in capital raising, corporate finance, financial reporting and compliance, treasury and fund management, financial planning and analysis, risk advisory, taxation, procurement etc.

    In his previous role, Sunder headed the Finance, Commercial and Legal functions at Myntra, a leading fashion e-commerce platform in India. With him on Board, Voonik appears to be aligning its financial prowess with its growth roadmap for the next phase of expansion.

    Speaking on his appointment, Voonik.com CEO and founder Sujayath Ali said, “We are pleased to welcome Prabhakar on board as the CFO of Voonik. With more than a decade of experience with core e-commerce business platforms, Sunder has a proven track-record of maintaining lean and healthy financial operations and providing strategic guidance to top ventures. We are certain that his expertise will provide the necessary impetus to Voonik’s growth.”

    Sunder commented on his new role, “I’m delighted to join Voonik. The focus on personalisation sets it apart in the market as does its efficient business model. I look forward to working with the stellar team at Voonik and to be a part of this exceptional growth story. “

  • Former Myntra finance head Prabhakar Sunder joins Voonik

    Former Myntra finance head Prabhakar Sunder joins Voonik

    MUMBAI: Voonik appointed Prabhakar Sunder as its chief financial officer. Sunder brings over 15 years of experience in capital raising, corporate finance, financial reporting and compliance, treasury and fund management, financial planning and analysis, risk advisory, taxation, procurement etc.

    In his previous role, Sunder headed the Finance, Commercial and Legal functions at Myntra, a leading fashion e-commerce platform in India. With him on Board, Voonik appears to be aligning its financial prowess with its growth roadmap for the next phase of expansion.

    Speaking on his appointment, Voonik.com CEO and founder Sujayath Ali said, “We are pleased to welcome Prabhakar on board as the CFO of Voonik. With more than a decade of experience with core e-commerce business platforms, Sunder has a proven track-record of maintaining lean and healthy financial operations and providing strategic guidance to top ventures. We are certain that his expertise will provide the necessary impetus to Voonik’s growth.”

    Sunder commented on his new role, “I’m delighted to join Voonik. The focus on personalisation sets it apart in the market as does its efficient business model. I look forward to working with the stellar team at Voonik and to be a part of this exceptional growth story. “