ITV

Category: Brands

  • ZEEL launches media buying & selling online platform for small retail advertisers

    ZEEL launches media buying & selling online platform for small retail advertisers

    MUMBAI: Media & Entertainment powerhouse Zee Entertainment Enterprises Ltd (ZEEL), has launched zeemitra.com, a first of its kind online platform to democratise advertising on television by going direct to small retail advertisers.

    ZEEL’s new initiative will directly connect and enable small retail advertisers to advertise on Zee bouquet of channels through an online platform.

    Zee Entertainment Enterprises chief growth officer of advertising revenue Ashish Sehgal says, “Our first organisational value is ‘Customer First’ which stands for the need to anticipate, understand and meet the needs of our customers, ensuring customer delight. We want to partner our advertisers in growing their business and provide customised solutions to help grow their business.”

    With a focus on small and medium scale enterprises, Zee Mitra website will enable them to advertise their brand on TV in their relevant markets, independently, at an affordable cost. The intent is to empower them to move beyond print and radio which has been the entry medium for MSMEs. TV advertising has been viewed as a costly and complicated medium. We wish to break that barrier with this initiative.

    With its presence across multiple states, this platform will offer the entire bouquet of 52 channels under the Zee umbrella, genres ranging from national and regional GECs, movies, local regional news, lifestyle, English entertainment, English movies, etc. (count of 52 is without Zee Bollywood which will be added post Nov).

    It will additionally offer the split beam of it marquee national channels — Zee TV, Zee Cinema & Zee News, for advertising across 15 key markets of India, viz., Mumbai, Rest of Maharashtra, Maharashtra, Delhi NCR, UP, Punjab, Gujarat, Madhya Pradesh, Bihar, Hyderabad, Bangalore, Odisha, West Bengal, North-East, Rajasthan. This will not only create an opportunity for hyper-local advertising at a cost which is much lower than national ad spot but also help expand reach by opening-up the possibility to test market product in newer territories.

    The platform has an intelligent algorithm which is based on advertiser’s business objective will suggest the ideal channel mix to reach out to the relevant target audience through an easy to use interface, which not only creates a media plan but also allows to edit and customise their plans as per their needs.

    The Zee Mitra platform will also allow advertisers to avail the services of an in-house creative team to devise a television creative in motion graphics at a nominal cost.

    In addition to the online platform, this initiative will also be supported by the Zee Mitra feet-on-street sales team, who will approach potential advertisers spread in the relatively smaller corners of India and explain the benefits of advertising on TV. These advertisers will be guided and closely assisted by the Zee Mitra sales team through the entire buying process.

    The platform intends to change the landscape of TV media buying in India, bringing more advertisers within its fold, by making it accessible and affordable to all.

  • India accounts for $900 mn for Mondelez: Maurizio Brusadelli

    India accounts for $900 mn for Mondelez: Maurizio Brusadelli

    MUMBAI: Mondelēz International has finally launched its newest global research, sevelopment and quality technical centre in India located in Thane, Maharashtra.

    The India Technical Centre has been set up with an investment of $15 million and will support new products and technologies for the company’s global brands in chocolate and beverages.

    The India hub joins nine other Mondelēz International Technical Centres around the world that are already in operation, including East Hanover, New Jersey, in the United States; Curitiba in Brazil; Bournville and Reading, both in the UK; Wroclaw in Poland; Singapore; Suzhou in China; Saclay in France and Munich in Germany.

    The Indian Technical Centre will also focus on consumer science, packaging and productivity. This is part of the company’s strategy to invest $65 million in developing a global network of state-of-the-art technical hubs strategically positioned around the world. 

    The chocolate giant has launched few products in the past specially for the Indian consumers to cater to their need and taste. Fuse, Cadbury Lickables, Dairy Milk Silk and the timeless 5Star, were all made in India first and later replicated in other parts of the world. 

    The Thane Centre will collaborate on innovations with multiple countries within the company network. “As we accelerate consumer-centric growth across both our global and local heritage brands, innovation plays a crucial role,” says Mondelez India Managing Director Deepak Iyer. 

    Spread across an area of 12000 sq meters, the Thane Technical Centre will be equipped with multiple technical capabilities, such as a pilot plant, a packaging creative studio and a range of laboratories for technical research and development. The team of around 150 scientists, developers, engineers, analytical chemists and other specialists will closely collaborate on innovations across the globe. The site is a zero water discharge facility, zero waste to landfill and has 100 percent rain water harvesting.

    India is the fastest growing market in the world for Mondelez and has the highest chocolate market share amongst all other countries for the Cadbury maker. Mondelez EVP for AMEA region Maurizio Brusadelli states that Indian market accounts for $900 million for Mondelez.

    However, it will be a challenge for Mondelez to sustain its growth with newer products and companies entering the market. Recently, Hershey International also launches its iconic Hershey’s kisses in India that will be Made in India specifically to cater the Indian consumers. But Mondelez does not see that as a challenge and rather considers it as a healthy competition. Deepak says, “We always want competition in the market. The average chocolate consumption in India is very low as compared to other parts of the world. We hope that with our competitors we can continue to grow the category.”

    Mondelez has been present in India for over 70 years. The company introduced Cadbury Dairy Milk and Bournvita in India in 1948 and since then has been a leader in the chocolate category in the country.

    The company operates in the chocolate, beverages, biscuits and candy categories in India with brands like Cadbury Dairy Milk, Cadbury Dairy Milk Silk, Cadbury Celebrations, Cadbury Bournville, Cadbury 5 Star, Cadbury Perk, Cadbury Fuse, Cadbury Gems, Cadbury Bournvita, Tang, Cadbury Oreo, Bournvita Biscuits, Halls and Cadbury Choclairs Gold. 

    Headquartered in Mumbai, the company has sales offices in New Delhi, Mumbai, Kolkata and Chennai and manufacturing facilities at Maharashtra, Madhya Pradesh, Himachal Pradesh and Andhra Pradesh in addition to a vast distribution network across the country.

  • Onida launches ‘Maximum Impact – Maximum Sound campaign

    Onida launches ‘Maximum Impact – Maximum Sound campaign

    MUMBAI: Indian consumer durable manufacturer Onida, has launched new print ad campaign “Maximum Impact –Maximum Sound” for its newly launched KY Super thunder smart TV.

    The ad-campaign reflects the positioning of the brand as a category-defying sound that will blow away the connoisseur of sound. The campaign is to tap the today’s generation who are smart and connected well with the technology.  The brand continues to focus on “owner’s pride”.

    The entire advertisement strategy has been conceptualised and driven by Taproot Dentsu.

    The brand is focussing on print ad-campaign across national and other regional dailies spread across India. Besides that, very strong BTL activities have been planned with all the MBOs across India, to deliver the essence of the brand and enhance visibility.

    Mirc Electronics MD Vijay Mansukhani says, “Television technology has changed by leaps and bounds over the last ten years. The KY Super Thunder has a great sound, 4k picture quality and much required smartness in the TV. We are the only company which has been working on both sound and picture quality, whereas others have been focussing only on quality of the picture. As promised in the past, Devil is back and now represents entire brand Onida as a brand.”

    The Onida KY SUPER THUNDER with KY HORNS technology comes with the Smart feature as well. These SMART TV will run on an Android 7.0 operating system, enhancing the viewing experience. This will also allow users to have access to the Google Play store and a suite of other services, as added value. It has an Air Mouse Remote with Point & Click technology and QWERTY keyboard behind.  When other leading brands offer a high-end big-screen 4K UHD TV at a price point of 1 lakh upwards, Onida offers true value in much lesser cost with distinct product features and benefits revolving around Big Picture, Big Sound.

     

  • BrandVid 2018 sees industry stalwarts discussing video marketing in depth

    BrandVid 2018 sees industry stalwarts discussing video marketing in depth

    MUMBAI: Video is the new glue fusing brands with their consumers thanks to the massive explosion in consumption on digital and handheld devices. Marketers are working overtime to understand the nuances of video storytelling, platforms ‐ social or web destinations and distribution in order to build stronger bonds between brands and their fans. 

    Brands are increasingly realising the importance of branded content and video marketing as a whole. It is no longer a one size fits all formula but rather customised content that is often native and geo-targeted. To learn and delve deeper into understanding video marketing as a crucial marketing tool, Indiantelevision.com hosted industry stalwarts at Sahara Star, Mumbai for BrandVid 2018, powered by Colors. The annual event is the ideal place for the industry to converge, discuss and ideate on the way forward for brand marketing.

    The day-long summit was held with a vision to optimise the use of video as a brand communication tool and get a better bang for the buck for all those operating in the ecosystem. BrandVid brought together publishers, broadcasters, digital platforms, agencies, technology, brands and social media outlets to share notes and best practices, exchange ideas, understand and forecast video trends and build relationships.

    The glittery event saw industry leaders from Facebook, Twitter, YouTube, Myntra, Marico, Fastrack, GroupM, VICE India, Bosch Home Appliances, Syska Group, Prajakta Koli, Miss Malini, Times Network, TVF, Onida, White Rivers Media, L'Oréal and more. 

    The conference began with a keynote from Havas Media CEO India and South Asia Anita Nayyar where she discussed at length about how digital videos have grown significantly over the past two years from mere 60 million in 2015 to an astounding 200+ million digital video reach in 2017. She also highlighted that India stands second in the global mobile traffic share and the impact of Jio saw 48 per cent drop in data prices amongst other players. She also mentioned that today, 39 per cent of the content coming out of brands is meaningless and also 55 per cent of the youth is still watching television.

    This was followed by a panel discussion on how important are branded videos to print publications and broadcasters and how are print and television media companies taking advantage of the large reach that they have through content in video format. On this, Group M business head of entertainment sports and live events Vinit Karnik said that if content is the king, distribution is god, then data is new oil that will pump up the mechanism. In the same discussion, Lokmat Media senior EVP and head of digital business Hemant Jain also noted that there is an over emphasis on data, due to which creativity is getting lost in the hype.

    Facebook, Twitter and Youtube are the social giants today but what is the play for branded videos with these giants?  What is each of them offering to brands and how do brands operate in this universe were some of the key questions that were highlighted in the next panel where YouTube India entertainment head Satya Raghavan pointed out that the best practice a brand can follow is to think like a creator rather than a brand itself.

    Speaking on the top 5 things to keep in mind for branded videos for both television and digital, Byju’s marketing head Atit Mehta highlighted that the hero of Byju’s business is the content that they create in house. An important insight that was highlighted at the session was that 75 per cent of videos played on Facebook were without sound which goes to prove that the audience is ‘looking’ at the content more rather than ‘watching' and listening to it. Hence, it is important for marketers to create more visually engaging videos. UltraTechCement brand building head Sanchita Ganguly concluded by stating that insights, respecting medium, conversation and being dynamic is important for branded video.

    In a fireside chat with Indiantelevision.com editor in chief Anil Wanvari, Vice India CEO Chanpreet Arora spoke about how brands can be at the forefront in videos and there is no need to hide brands as consumers love to be entertained.

    The event was also the appropriate venue for Vidooly to unveil a report on the rise of branded content in India that forecast that the branded content ecosystem in India is going to be worth Rs 745 crore in 2022.

    We all agree that influencers have become celebrities in themselves and they carry a brand value. The products they use, the car they drive or the mobile phone they use have at some point or the other influenced our buying decisions. Hence, investing in influencers is key to a brand. But how can broadcasters, publishers use the influencers they have to build their communities and marry them with brands to have that multiplier factor? On this panel, White Rivers Media CEO and co-founder Shrenik Gandhi said that the fundamental of influential marketing is trust whereas Loose Cannons Studio COO Gaurav Lulla added that influential marketing may not necessarily mean brand endorsement and it goes way beyond that. 

    The last session of the evening was an analysis of measuring the efficacy of videos where Legrand India head of marketing communications Laxman Tari stated that brand integration is reassuringly possible for entertainment industry and it does not work with news or current affairs. For L’Oreal India 60-70 per cent of its advertising money goes into videos. On a concluding note, the brand’s media and digital head Neel Pandya pointed out that unified measurement of TV and digital is the biggest challenge today for companies.

    For marketers there never has been a better time to create and distribute videos. But it has also never been so complicated to reach audiences. They need to remember that whatever is the format of the content, it needs to be meaningful!

  • Fanzart introduces ‘Baby Venus’ – Customizable Kids Designer Fan priced for Rs. 22,990/-

    Fanzart introduces ‘Baby Venus’ – Customizable Kids Designer Fan priced for Rs. 22,990/-

    Fanzart India’s first Luxury Fan Brand, introduces its Kids Designer Fan – ‘Baby Venus’. Much like the planet, it gets its name from, the fan's unique scythe-shaped retractable blades, that causes a ring-like illusion when in full swing.

    The next-gen contemporary fan exclusively designed for the Kids ceiling is equipped with a radio- frequency remote control as well as the LED light kit. Customize the child’s room with artwork on the dome of the Fan that will entertain and delight them with each unique experience. Keeping your everyday worries at bay, the Ceiling fixture will also help lull your little ones to sleep with its timeless design and functionality .

    Speaking on the new addition, Mr. Tarun Lala – Director – Fanzart says, “It’s been long that Kids living space, had that fun and functional combination. Whether it’s a new nursery or updating the tween’s space in the kids’ rooms the ceiling will now be at attention with Fanzart. These new range of Fans exclusively for Kids, is apt to bring colourful fusion this Diwali.”

    The fans are already available on the official website of Fanzart and leading offline stores across India.

  • Guest Column: Impact of artificial intelligence on programmatic advertising

    Guest Column: Impact of artificial intelligence on programmatic advertising

    Programmatic advertising is a method of utilising software to buy digital ads. It is easier for media buyers to go through an auction-based process instead of manual negotiations for displaying their ads on digital platforms. It is one of the most innovative methods of advertising which facilitates the buying and selling of digital ad space.

    On the other hand, artificial intelligence (AI) is the concept of replicating human intelligence in machines the potential of which, in turn, is unlocked by human intelligence. AI undoubtedly adds immense value to marketers.

    Machine learning has revolutionised media trading & programmatic algorithms based on volumes of data. AI incorporation enhances the targeting capabilities as individuals can be targeted based on behaviour & preferences and other programmatic interactions. Ads can be personalised based on location, demographics, interactions etc. Precision targeting is required for global reach of programmatic advertising. AI is allowing advertisers to dramatically boost the efficiency of their campaigns. Programmatic uses AI technologies to make better budget decisions for advertisers. When AI is applied to programmatic advertising, it can navigate on its own, as well as provide minute insights thereby enhancing the effectiveness of the campaign exponentially.

    The basis of both programmatic advertising & AI is data analytics. With the effective amalgamation of AI in programmatic advertising one can dynamically score user, accurately differentiate, bid on valuable customers & drive efficient conversions. The brands need to embrace the power & opportunities that AI bots & digital assistants provide. The search has improved drastically with the inception of AI algorithms. As per a report, the AI market is predicted to grow more than 47 billion dollars by 2020 which is a massive rise. It can also enhance the look and feel of ad creatives which can be designed to catch the attention of the viewer.

    Real-time bidding can be facilitated with AI in programmatic advertising. Automation brings advertisers closer to the goals that are set by the brand. As per statistics by Zenith marketing forecasts, by 2019, 67 per cent of display advertising will be traded programmatically. Before the onset of programmatic, the process of digital ad-buying was slow & monotonous. The marketers had to negotiate for ad placement wherein they had to compromise upon cost, space or results. The need to sort this recurring issue paved way for programmatic advertising & to automate the process further, AI was incorporated with it. Thus, ad buying has now become more effective, efficient, cheaper & result-oriented. AI enables the option of whom to show the ad, when & where instead of simply negotiating the ad space. Many brands are banking upon programmatic advertising for lead generation across the globe. Right from FMCG to BFSI to real estate& tourism & hospitality, it has become a favourite of the brands.

    The future also looks promising for AI enabled programmatic advertising as in times to come, through the process of machine learning audience profiling will be finalised on its own. There would be no need to use programmatic tools for filtering audience, in fact, it will evaluate customers’ behaviour and display ads accordingly.

    (The author is CEO and founder, iCubesWire. The opinions expressed here are his own and Indiantelevision.com)

  • Uber Eats, CCD partner to launch India’s largest virtual restaurant network

    Uber Eats, CCD partner to launch India’s largest virtual restaurant network

    MUMBAI: Uber Eats, the world’s largest food delivery network and Café Coffee Day, India’s largest café chain, have announced a partnership to launch the country’s largest network of virtual restaurants, which will soon bring foodies a greater choice of ‘delivery-only’ restaurant brands exclusively on the Uber Eats app.

    The first restaurant brand under this partnership is scheduled to launch in November.

    This partnership will leverage Café Coffee Day’s robust and innovative F&B expertise, pan India café network with the technology that Uber Eats is renowned for. Uber Eats will help Café Coffee Day with data, analytics and insights to help identify food or cuisines that consumers crave the most. This will enable Café Coffee Day and Uber Eats to launch menu offerings as per evolving consumer trends, for multiple ‘delivery-only’ virtual restaurants.

    Uber Technologies vice president Jason Droege says, “Using experience and lessons learnt in the virtual restaurant space from our global operations, we hope to provide our Indian restaurant partners greater growth opportunities. Our customers too will enjoy ordering and eating their favourite everyday meals at the tap of a button.”

    Café Coffee Day chief executive officer Venu Madhan adds, “With this association we aim to take the goodwill and trust earned in the F&B space and combine it with new age reality of virtual restaurants to offer everyday meals that can be delivered to nomadic millennials at home or at work in a convenient manner. Uber Eats’s strength and expertise in the business of home delivery will ensure delight to millions of aspiring youngsters who have moved away from their homes with great quality products from Café Coffee Day’s virtual restaurants every day across the country.”

    Virtual restaurants are digital-only eateries that allow business owners to explore new culinary options and reach a wider audience by using the space in their existing kitchen. Virtual restaurants allow partners to test new opportunities in today’s dynamic market in a nimble manner.

    Uber Eats is currently present in 37 cities in India with a strong presence in tier 2 cities. In the last 3 months, the number of orders on the app has grown 6 times and Uber Eats is adding 100 new restaurants to its platform everyday. Café Coffee Day currently has a network of 1742 cafes across 246 cities in India.

    Uber Eats started in 2014 as a small delivery pilot in Los Angeles and launched as a separate application in Toronto in December 2015. Since then, it has grown incredibly fast, and is now a stand-alone app available in 350+ cities around the globe. In India, Uber Eats was first launched in Mumbai in May 2017.

  • Traworld launches new campaign featuring Sonam Kapoor

    Traworld launches new campaign featuring Sonam Kapoor

    MUMBAI: Traworld, the premium luggage brand from the house of High Spirit Commercial Ventures, has launched its ad-campaign ‘The World is Your Ramp’ featuring Sonam K Ahuja, the much adored fashion icon from the Indian film industry as the face of their brand.

    The ad campaign reflects the positioning of the brand as a fashion brand rather than a plain luggage brand. The campaign is to tap the consumers who are regular travellers for many occasions and also look for fashionable luggage bags.

    Traworld’s bags look and feel is more like a fashion accessory than just a bag.

    Traworld is a premium and modern luggage brand for premium and fashion conscious travellers who love to use travel luggage for their varied needs. The brand offers a range of luggage bags which are stylish, classy, yet sturdy and value for money, keeping in mind the need and fashion sensibilities of its customers.

    The luggage bags range from casual to business travel segments and come in different sizes as per the consumer’s requirements. The product is lightweight, shock resistant and water resistant with unique locking system to keep the luggage secured. Mobility ranges from four wheeled to eight wheeled, so that your luggage travels at your pace and is easy to carry.

    The entire advertisement strategy is being conceptualised and driven by Makani Creatives, that is positioning the brand for premium customers reflecting upon their needs as per their lifestyle and choices. To its credit it has worked with various iconic brands like Pepe, Red Tape, Panasonic, Metro Shoes, Mochi Footwear, Channel, Mahindra Logistics, Lavie, Killer Jeans and several others.

    The brand is focussing on print ad-campaign across national and other regional dailies spread across 10 leading cities reaching out to consumers across India. Besides very strong BTL activities have been planned with all the MBOs across India, to deliver the essence of the brand and enhance visibility. After looking at the success of the campaign, the company may also look at TV campaign in the years to come.

    Traworld founder and managing director Tushar Jain says, “We are delighted to sign Sonam K Ahuja as a brand ambassador for our brand Traworld as she is the true embodiment of what the brand stands for. We see a deep connect with regards to her style and the elite urban population who can easily relate to her as their fashion icon. We couldn’t have had a better choice to represent the brand than her and Makani Creatives also delivered phenomenally well on brand positioning and marketing with their creative acumen.”

    He further added that, “We have taken a woman as our brand ambassador, which is first of its kind for an Indian luggage brand to do so. The fashion goes well with women folk and this would give us edge over others in the industry.”

    Sonam Kapoor Ahuja adds, “I am super excited to endorse premium luggage brand Traworld. The brand goes well with my style statements and is in tune with my choice of fashionable and stylish bags. Since I am a frequent traveller and I literally live out of my luggage, I am cautious of the brand I would carry as it’s just not a brand but something that defines my personality. I can personally relate to the brand as it strongly relates to fashion. The brand will surely win the hearts of people who are always on a lookout for trendy and stylish bags while they are travelling”,

    Traworld is available in all leading retail stores across the country. It is also available in general trade through large distribution network of 3500 MBOs spread across seven States. The brand is also available on online platforms like Amazon, Flipkart, Myntra, Amazon, Snapdeal, Indiamart and Paytm Mall to name a few. With our current association we are sure we will be able to further enhance the brand visibility across India.

    Traworld is a luggage brand for the premium travellers. Traworld brand has achieved sizable business and has presence across all major metros and other major cities in the country. The brand presence on the online platforms is very strong. The addressable market for Traworld luggage brand is Rs 6,000 core.

    The brand is owned by High Spirit Commercial Ventures, leading luggage bags manufacturer and exporter. The company has registered revenues of Rs. 250 crore for the year ended 31 March, 2018. The company also owns leading brands like Priority, Humpty Dumpty and Hashtag to cater to multiple segments in the backpack segment.

    The company has offices in 10 major cities of the country and has a distribution network of 10,000 points of sale spread across India. The company is the sole licensee of all top cartoon characters.

  • Lifebuoy’s automated hand sanitiser dispenser for festive season

    Lifebuoy’s automated hand sanitiser dispenser for festive season

    MUMBAI: India,is a land of millions of gods and festivals with each occasion seeing a vast number of people in a perfect melting pot of devotion, celebration and food.

    From the warm khichudi as bhog in pandals to the street stalls set up to serve delectable dishes, food is an important and indispensable part of the festive fervour. More often than not, food is eaten with unwashed hands due to lack of hand-washing facilities like soap and water. A simple act of cleaning hands before eating food can help protect people from these disease-causing germs.

    Lifebuoy, a germ protection soap – noticed this need and decided to address it in form of a “blessing gesture” weaved into an innovative design – the Lifebuoy Germ Nashini conceptualised by Lowe Lintas.

    The device dispenses Lifebuoy Hand Sanitizer quickly and conveniently for devotees, killing 99.99 per cent of the germs on hands without water. It is easy-to-use and has been prominently placed in pandals so that the devotees can proceed to eat with clean hands.

    This activity to build importance of hand hygiene among devotees has been supported by brand ambassador and Bollywood icon Kajol as well. Lifebuoy #GermNashini has been installed in three cities and being used to amplify awareness of hand hygiene through multiple social media platform.

  • Mutterfly partners Zoomcar to enhance rental marketplace offerings

    Mutterfly partners Zoomcar to enhance rental marketplace offerings

    MUMBAI: India’s only rental marketplace for lifestyle products, Mutterfly, has partnered with Zoomcar wherein all those who use the Zoomcar app can now rent products for their trips hassle-free and enhance their travel experience. 

    Through this tie up, all of Mutterfly products ranging from cameras to tents will be readily accessible for all Zoomcar customers. Mutterfly will also enable its customers to subscribe to cars through Zoomcar’s  ZAP subscribe program.

    Zoomcar will offer Mutterfly customers an added advantage by offering them Rs 10,000 cashback on their first month subscription period on Zap Subscribe.

    Mutterfly CEO Akshay Bhatia says, “Both Zoomcar and Mutterfly have a common vision at helping users owning less and experiencing more. We are excited about this tie-up and I believe this is a great value-add for the rental ecosystem. We are happy to offer Zoomcar customers all that they need to enhance their travel experience and build memories.”

    Kaushal Desai from Zoomcar adds, “We found an ideal fit with Mutterfly enabling us to enhance our client offerings. Now you can log on to Zoomcar app and book not just your next vehicle but also all your needs for the travel. In addition, we are happy to offer a 10,000 cashback to all Mutterfly users who enrol on our newly introduced Zap Subscribe program. We look forward to this mutually benefiting partnership.”

    Mutterfly is a rental marketplace for aspirational products which also offers an easy access to a luxurious lifestyle. Their services let you rent high-end equipment like DSLRs, Playstations, hover-boards and more at affordable prices. It has created a sharing network through technology which allows people (customers) to earn anything between Rs 5,000 to 30,000 per month.

    Mutterfly came into existence when ex-Morgan Stanley banker, Akshay Bhatia, began building a food-sharing platform and in the process discovered a larger market that allowed people to experience without buying. The platform launched in 2017 and has gathered over 70,000 registered users across its Mobile and web platforms. With a 15 per cent month on month growth, Mutterfly is targeting a $2 billion market that has largely remained fragmented and untapped. This evangelising equipment rental company is all set to "Say Bye to Buy”.