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Tag: Prashant Kumar

  • SalesCode CXO Conclave hosts over 150 industry leaders

    SalesCode CXO Conclave hosts over 150 industry leaders

    Mumbai: SalesCode.ai, an AI-powered platform for consumer-packaged goods (CPG) sales, successfully hosted the much-anticipated event, ‘SalesCode CXO Conclave’, at the Grand Hyatt in Gurugram on its tenth anniversary.  

    The first-of-its-kind conclave, themed “10 Years Future Forward with AI,” brought together 200 plus global corporate leaders, including CEOs, CXOs, startup founders, and investors, to explore how sales and RTM (route to market) technologies developed in the last 30 years will be reinvented with AI and eB2B in the next three years.

    The event featured innovation showcases and thought-provoking panel discussions with industry leaders, including Coca Cola India and southwest asia, president, Sanket Ray; avaana, founding partner & nestle, board of directors, Anjali Bansal; nexus, ex co-founder, Sandeep Singhal; g.o.a.t brand labs, founder, Rishi Vasudev; otp ventures, founder & bharatpe, former CEO, Suhail Sameer; accenture, ex-head of AI/gen AI & entropia, founder & CEO, Prashant Kumar; kenvue, india, south asia, MD, Manish Anandani; itc, EVP, sales operations & development, Sachin Sahay; perfetti van melle, india, MD, Nikhil Sharma; and clover infotech, chairman, Javed Tapia. The CEO and CXO sessions addressed future-defining trends, including the evolving role of sales reps, the NextGen sales team, and upcoming disruptions in the CPG sector over the next decade, offering invaluable insights to the audience.

    SalesCode.ai CEO and co-founder Ranjeet Kumar emphasized the transformative potential of AI & eB2B in the CPG industry and announced the plan to invest Rs. 240 crores over the next three years to create the world’s largest sales-tech platform that will drive guaranteed sales up-lift.

    He said, “The exponential power of AI is already transforming the landscape of Sales Automation, from automating transactions and visibility of data to augmenting the competency and behaviour of people, with hyper personalised guidance, coaching, and action points. As this technological paradigm shift continues, it is important for the CPG companies to adopt these innovations to ensure future growth and competitiveness. At SalesCode.ai we are committed to providing advanced AI and eB2B solutions that augment sales and RTM processes, preparing sales teams and channel partners to excel in this new landscape.”

    “Staying committed to our mission, the SalesCode CXO Conclave was organized to bring together industry leaders to delve into these transformational shifts and exchange insights that will shape the future of our industry”, he added.

    Key highlights of the event

    The conclave began with a grand opening reflecting on SalesCode.ai’s transformative journey over the past decade and its ambitious vision for the next ten years. Additionally, the event featured the unveiling of industry-defining GenAI-based Sales-Tech products such as:

    1. Salescode Studio – It is a tool that reduces the deployment time of an SFA or eB2B app to 4-5 hours, compared to the typical 4-5 weeks, provides AI-powered integration that’s 10X quicker with 10,000+ ready configurations and 100 per cent no-code reconfigurations, reducing total cost of ownership.

    2. Saleslens – It provides 100X faster data streaming and real-time processing with Multi Large Language Modal (LLM) for advanced AI insights to empower sales teams like never before.

    3. AI promo Co-pilot – It helps with hyperpersonalized outlet-SKU-level promo recommendations with full KPI flexibility. Simulate and predict outcomes before launching using the AI promo predictor.

    4. AI-DaaS – It maximizes secondary sales with up to 80 per cent accuracy with Forward 4 Week Sales Forecast, provides one-click load-out recommendations for Van Sales and provides efficient working capital management which improves efficiency and reduces the cost of operations.

    The event’s success underscored SalesCode.ai’s leadership and expertise in AI and eB2B for the CPG sector and set the stage for ongoing conversations about the future of sales and the RTM process.

  • YES BANK and CNBC-TV18’s multi-city ‘Growth Summit’ concludes in Hyderabad with deep insights on India’s roadmap to becoming $10 Trillion Economy

    YES BANK and CNBC-TV18’s multi-city ‘Growth Summit’ concludes in Hyderabad with deep insights on India’s roadmap to becoming $10 Trillion Economy

    Mumbai: YES BANK and CNBC-TV18’s – The Growth Summit: A vision to a $10 Trillion Economy, in association with Max Life Insurance, was successfully concluded in Hyderabad on Friday. With policymakers, industry leaders, entrepreneurs, and a wide range of experts weighing in on India’s economic progress over the next few years, the last chapter of the Growth Summit hosted policymakers, experts, entrepreneurs, and more. The summit witnessed discussions around the government’s ambitious 25-year plan intended to position India as the world’s third-largest economy with a GDP of $10 trillion.

    In the opening remarks, Mr Prashant Kumar, Managing Director & CEO of YES BANK, said, “We are fortunate to be citizens of this country which is the 5th largest economy and aspires to be the third largest economy by 2030. As we also aspire to be a developed nation by 2047, I think it’s crucial not just to focus on GDP growth but the growth of 140 crores Indians together, where their standard of living goes up. And where everybody enjoys the fruit of the development in India.

    During his address, Mr Kumar announced the launch of ‘Yes Private’ in Hyderabad, which is the Bank’s newest market offering that aims to partner HNI Business owners and C-Suite executives in their endeavor to leverage the opportunities on the road towards a $10 trillion Indian economy.

    The event kicked off with an engaging discussion on ‘Unleashing the Animal Spirit: Building the Right Support Structure for Growth’ with T-Hub CEO Srinivas Rao Mahankali where he said, “Building a world-class entrepreneurial ecosystem is a collective journey, where startups, corporations, government, academia, and media come together to create a supportive atmosphere for everyone.  Inspired by innovators in  Silicon Valley and directed by thought leaders such as Dan Eisenberg, we try to build  an environment where innovation and opportunities booms. With startups at the forefront and corporations achieving new heights, supported by strong policies and diverse funding options, we are shaping the future of entrepreneurship collectively.”

    The day progressed with a thought-provoking conversation on ‘Inside The Laboratory of India’s $10 TRILLION DREAM’ with Mr Satish Reddy, Chairman, Dr Reddy’s Laboratories. The session was followed by an intriguing panel discussion on ‘Innovate, Produce, Thrive: India’s Path to Global Competitiveness’ with industry experts – Mr Krishna Bodanapu, Executive Vice-Chairman & MD, Cyient ; Dr Sai Prasad, ED, Bharat Biotech & CII President, Telangana; Mr Anurag Malempati, Promoter, Leap India Food & Logistics Pvt. Ltd.; Pradeep Chowdhry, MD, Gemini Edibles & Fats India Pvt. Ltd.; and Mr Pawan Jain, Director, Kirby Building Systems and Structures India ( Gujarat) Pvt Ltd.

    The evening continued with a special address by Mr. Prashant Tripathy, MD & CEO– Max Life Insurance MD & CEO Prashant Tripathy said “As India makes its way towards becoming a $10 trillion economy, innovation in enabling financial inclusivity will be a key pillar of progress. Over the past decade, transformative innovations like UPI and JAM Trinity have catalysed our financial inclusion efforts, while the advent and proliferation of fintech has been delivering exponential growth. As we move further, continuous regulatory support and initiatives like technology enabled risk management are essential for sustaining this upward trajectory. Within this context, Hyderabad’s ascent as a thriving hub of next gen innovation epitomizes India’s immense growth potential. With its vibrant ecosystem and skilled workforce, the city serves as a beacon of India’s ability to foster future forward progress. Through strategic policymaking and collaborative endeavours, we are poised to translate our vision into reality, driving not just economic prosperity but also societal advancement.”

    The summit moved ahead with a thought-provoking session conducted by Kumaar Bagrodia, leading Neuroscientist & Founder, NeuroLeap on ‘The Neuroscience of Innovation’. The concluding panel discussion titled ‘Beyond the Norm: Redefining Innovation for Progress’, brought together industry experts, including Mr Mohit Jaju, Director, Godavari Drugs Ltd.; Mr BV Kondanda Pani, MD, Algoleap Technologies Pvt. Ltd.,Mr I V Ramana Raju, Co-founder & CEO, Fabex Steel Structures, and Mr LS Patil, Promoter & MD, Patil Rail Infra Ltd.

    The event transitioned seamlessly into an interesting conversation on ‘Stardom & Strategy’ with Mr Adivi Sesh, Actor & Writer, speaking about his upcoming projects. He added, “I’m currently shooting for two films. G2 serves as the sequel to my 2018 hit, Gurucharya, which rebirthed the spy genre in Telugu cinema. With G2, we are aiming for a national impact. Recently, we’ve welcomed Emraan Hashmi to our cast, and we are excited to expand our reach to audiences across five diverse languages across the country.  I’m also working on another project, Dacoit, which we are shooting in Hindi, featuring the extremely talented Shruti Hassan.”

    The summit concluded with an enticing conversation moderated by Mugdha Kalra, CNBC-TV18 Anchor on ‘Smashing Success: Grit to Global Stardom’ with Ms Saina Nehwal, Badminton Champion – Olympic Medalist. Speaking about her comeback, struggles, and achievements she stated, “It is difficult for athletes, as each one battles with their individual problems. Every individual ventures into this field with the goal of achieving distinction on an international level, but not everyone escapes the injuries. Reflecting on the early days, one doesn’t live on the potential drawbacks; instead, the focus is on enjoyment and striving for success.” 

  • IOS Sports & Entertainment facilitates YES Bank’s partnership with Indian Olympic Association

    IOS Sports & Entertainment facilitates YES Bank’s partnership with Indian Olympic Association

    Mumbai: As the countdown to the much-anticipated Paris 2024 Olympic Games continues, IOS Sports & Entertainment – the official commercial managers for the Indian Olympic Association, today announced the onboarding of private bank network YES BANK as the official banking partner for Team India. YES BANK will now be the official banking partner of the Paris-bound Indian Olympic contingent for the upcoming Summer Olympic Games in Paris. This strategic collaboration facilitated by the leading sports marketing agency IOS Sports & Entertainment establishes YES BANK’s commitment to fostering excellence in sports, ensuring – no stone is left unturned in Team India’s preparations for the upcoming Olympic Games.

    With this partnership, YES BANK which is the Official Banking Partner, joins the ranks of Adani Sportsline, JSW, and Reliance Foundation as Principal Sponsors, further strengthening the support for Team India at the Paris Olympic Games 2024.

    “We are thrilled to embark on this journey with the Indian Olympic Association,” said YES BANK MD & CEO Prashant Kumar. “India’s achievements in international sports have inspired the nation. The Olympics hold a significant place for Indians, uniting us in support of our athletes. YES BANK is committed to supporting Team India in their pursuit of excellence, reflecting our dedication to national pride and achievement.”

    The Indian Olympic Association welcomed the partnership, acknowledging YES BANK’s commitment to Team India for the upcoming Olympic Games. “YES BANK’s support is a testament to their belief in our athletes’ potential and dedication to building a culture of sports excellence in India,” said the Indian Olympic Association president PT Usha. “Their support not only boosts our athletes’ spirit but also gives them the confidence to aim big and win the medals.”

    IOS Sports & Entertainment MD Neerav Tomar – the official commercial partner of the Indian Olympic Association, also celebrated the new partnership. Tomar said, “We are delighted to onboard YES BANK as the Official Banking Partner of Team India for the upcoming Paris Olympics. YES BANK has been a great promoter of sports for a long time and this partnership with Team India for the Olympic Games not only signifies their dedication to the development of sports in the country but also our shared vision of empowering Team India to achieve unparalleled success at this year’s Paris Olympic.”

    He further added, “We are excited about the great things we are going to accomplish together for Team India and I would like to thank the Indian Olympic Association for bestowing us with this responsibility and their trust as the official commercial partners for Team India.”

    With the Paris 2024 Olympic Games on the horizon, Team India is determined to build upon their successes and reach new heights, backed by the unwavering support of IOS, YES BANK, and other sponsors.

    This partnership stands as a testament to IOS’s commitment to nurturing talent, encouraging athletes, promoting sports, and creating a collective effort to improve and bring India’s best athleticism and sportsmanship to the global stage.

  • Insights and Innovations unveiled at YES BANK and CNBC-TV18’s Growth Summit in Bengaluru

    Insights and Innovations unveiled at YES BANK and CNBC-TV18’s Growth Summit in Bengaluru

    Mumbai: The third edition of YES BANK and CNBC-TV18’s – The Growth Summit: A vision to a $10 Trillion Economy, in association with Max Life Insurance, was held in Taj Westend, Bengaluru on February 28, 2024. The summit brought policymakers, industry leaders, startup founders, pioneering innovators, and a diverse array of experts under one roof to engage in meaningful discussions around India’s economic advancement Central to the summit’s discussions was the government’s ambitious 25-year plan aimed at positioning India as the world’s third-largest economy with a GDP of $10 trillion.

    In his opening remarks at the Summit, YES BANK managing director & CEO Prashant Kumar said, “The Bengaluru chapter of The Growth Summit was centred on leveraging Karnataka’s industrial and technical expertise to propel India towards its $10 trillion mark. It calls for the collective involvement of business leaders. With over 40 unicorns and IT exports soaring, Karnataka is not merely a hub, but a nucleus of innovation. From electronic design to biotechnology, its diverse sectors thrive under a conducive policy framework. The collaborative efforts of ISRO, private enterprises, and the state have propelled us forward, fueling our ascent towards a $10 trillion economy. Now, as global businesses seek refuge from China, India beckons as the premier destination. Let us seize this moment to sculpt a future where India shines as a global powerhouse of technology and manufacturing.”

    During his address, Mr. Kumar announced the launch of ‘Yes Private’ in Bengaluru, which is the Bank’s newest market offering that aims to partner HNI Business owners and C-Suite executives in their endeavour to leverage the opportunities on the road towards a $10 trillion Indian economy.

    The event kicked off with a thought-provoking discussion on ‘Ushering in India’s Techade’ in conversation with RBI Innovation Hub CEO Rajesh Bansal, who stated, “As I see it, this decade marks a pivotal moment for India’s growth trajectory. While I may not witness it firsthand, I firmly believe that the young generation, will recognize this as the turning point. Over the past decade, we’ve laid the groundwork with digital infrastructure, making us unique among 1.3 billion nations. With 12 million transactions daily, our payment and ID systems are the backbone of individual and business transactions. Now, with the right steps, we stand at the precipice of a quantum leap in technology adoption, inching closer to our $10 trillion economy vision. Our foundational layers of technology position us uniquely, setting us apart globally. Key advancements like BharatQR and our ONDC initiative illustrate our commitment to staying ahead.”

    The event continued with another stimulating discussion on ‘Preparing India for Global Leadership’ in conversation with Aarin Capital and 3one4 Capital chairman Mohandas Pai said “India is truly incredible, boasting a PPP GDP of $12.2 trillion and a nominal GDP of $3.45 trillion. What sets us apart is our unique PPP multiple of 3×3, surpassing even China’s sixfold difference between nominal and PPP GDP. While countries like China and the US lead in nominal figures, India’s true value often goes unrecognised. To bridge this gap, we must focus on three key pillars: human capital, financial capital, and innovation. Despite graduating millions annually, only 28% of our youth aged 18 to 23 are currently engaged in the workforce. It’s imperative we harness our vast potential and invest wisely for a brighter, more prosperous future.”

    Subsequently, panel discussion on the topic ‘Digital Transformation Strategies Driving Future Growth’ with Mr. Gaurav Singh Kushwaha (CEO & Founder, Bluestone.com); Akash Sinha(CEO & Co-Founder Cashfree); Mr. Mathew Chandy (MD, Duroflex Private Limited); and Harsh Jain (Co-Founder, Groww) gave further insights into India’s rise as a digital hub.

    The panel discussion was followed by a special address by Max Life Insurance COO Manu Lavanya. He said, “India’s digital journey over the past decade, has been nothing short of revolutionary, marked by transformative initiatives like UPI and Aadhar. The integration of the larger Bharat digital stack within the insurance sector holds immense promise for driving access and inclusivity. By leveraging digital as a channel, we will not only streamline processes but also make significant strides towards extending insurance coverage to every corner of the nation. This convergence isn’t merely about innovation; it’s about empowerment. It’s about ensuring that every Indian, regardless of their location or background, has the opportunity to safeguard their financial well-being with ease. As we embrace this symbiotic relationship between digitization, AI and insurance, we have a tremendous opportunity to unite efforts and realize IRDAI’s vision of ‘Insurance for all by 2047’. Role of AI and digital will be pivotal in creating customer centric micro-products enabled by straight through Underwriting with vernacular journeys that appeal to the Non-Urban consumer base, making the vision of “Insurance for All” a reality.”

    The evening continued with an engaging panel discussion on ‘Nurturing the Green Shoots of Innovation’, with insights from industry experts Mr. Dhiraj Agarwal(CEO & Co-founder, Campus Sutra); Mr. Hrishi Gandhi (President Finance and Chief Business Officer, Newspace); Mr. Raj Shah(Co-founder and Director, WeHear Innovations Pvt Ltd) and Mr. Manish Kumar(Founder, KredX)

    Taking the evening towards its end, an enticing conversation between CNBC-TV18 anchor Mugdha Kalra and celebrity chef Ranveer Brar. He said “I think what changed after COVID is that a lot of people who didn’t believe they could cook started cooking. These people who earlier didn’t believe in the power of the food and restaurant industry have now changed. The people who earlier refused loans to restaurants believing that it’s not a money-making business now are gaining confidence. That’s why you see a lot of food businesses today, because the belief is now coming from MBA graduates who are finding food to be a viable, durable, and profitable venture. I think that’s something that has changed and deserves to be addressed here”.

    Concluding the summit was a final thought-provoking session conducted by Neuroscientist & founder Kumaar Bagrodia, NeuroLeap on ‘The Neuroscience of Investing’.

  • YES BANK and CNBC-TV18 partner for ‘The Growth Summit’ Ahmedabad edition

    YES BANK and CNBC-TV18 partner for ‘The Growth Summit’ Ahmedabad edition

    Mumbai: The second edition of YES BANK and CNBC-TV18’s – The Growth Summit: A vision to a $10 trillion economy, in association with Max Life Insurance, was held in Ahmedabad, Gujarat. The event convened policymakers, industry leaders, startup founders, innovators, and academic experts to deliberate on crucial factors essential for India’s economic progress. Central to the Summit’s discussions was the government’s ambitious 25-year plan aimed at positioning India as the world’s third-largest economy with a GDP of $10 trillion.

    In his opening remarks at the Summit, YES BANK MD & CEO Prashant Kumar said, “Gujarat emerges as the cornerstone of India’s economic ascent, contributing a staggering 33% to the nation’s exports in FY 2022-23. With ambitions to reach a $1 trillion economy by 2030, Gujarat’s leadership extends beyond traditional sectors, fostering a thriving ecosystem for innovation and infrastructure development. As the world’s largest diamond hub in Surat and the birthplace of India’s first operational greenfield Smart City, Gujarat positions itself as the beacon of opportunity. The state is poised to absorb the influx of businesses seeking alternatives to China, catalysing India’s journey towards economic supremacy.”

    During his address, Kumar announced the launch of ‘Yes Private’ in Ahmedabad, which is the Bank’s newest market offering that aims to partner HNI Business owners and C-Suite executives in their endeavour to leverage the opportunities on the road towards a $10 trillion Indian economy.

    He added, “Yes Private has been thoughtfully curated to complement the retail and wholesale banking offerings in the market. It integrates the Bank’s expertise across the spectrum and brings a full-stack product suite for HNIs across family banking, business banking, wealth management and succession planning needs. The programme also lays out extraordinary privileges and experiences for clients pertaining to their distinct lifestyles in India and abroad.”

    The event kicked off with a thought-provoking discussion on ‘Strengthening Indian Business from Within’ in conversation with Rasna chairman & MD Piruz Khambatta. He stated “India’s growth narrative must encompass more than just development; it must address the challenges faced by its youth, including migration due to inadequate resources like clean water and air. India’s trajectory of growth, akin to that of South Korea, Germany, Japan, and China, is undeniable, yet we must define our unique growth model. As we navigate through discussions, let’s advocate for an inclusive ‘India model’ of growth that acknowledges both its benefits and challenges, fostering sustainable progress for generations to come.”

    Subsequently, panel discussion on the topic ‘From India to the World: Unleashing A New Era of Global Ambitions’ with Ashish Soparkar (MD, Meghmani Organics), Dr Vishal Rajgarhia (director, Finecure Pharmaceuticals Ltd) Rajiv Gandhi (MD & CEO, Hester Biosciences) Chirag Pan (MD & CEO, Pan Healthcare) and Behram Mehta (founder & MD, Aava Natural Mineral water) captivated the audience at the summit.

    The event progressed with an engaging conversation on ‘India’s Role as A Global Hub of Growth’ featuring AMUL (GCMMF) MD Jayen Mehta, where he said, “Agriculture is the base of our economy. However, in terms of numbers, still agriculture contribution is less than 20%. Hence, we need to support agriculture and farmers, while also working on doubling their income which is also the professor policy of the government. These efforts will help in supporting the number of people associated with agriculture which is more than 60-70 per cent of the population. The country still depends on agriculture as part of its primary income. So this is where a combination of policies that are pro farmer, pro-development and pro-market is the way forward for our country. So if you can build a bridge and if only 20% of us convert our regular food into organic food, the GDP from agriculture will rise. These are very, very small and objective steps one has to take and organisations like ours are working towards the same using the cooperative model and building the country.”

    In a special address, Max Life Insurance MD & CEO Prashant Tripathy added, “As India makes significant strides towards its ambitious goal of becoming a 10 trillion-dollar economy by 2030-31, there’s a growing need for India Inc. to partner with the government and democratize the benefits of this growth. It’s imperative that we ensure the advantages of our economic progress reach every segment of the society. There’s a strong call for players in the life insurance industry to align their strategies with IRDAI’s vision of ‘Insurance for All by 2047’- which calls for inclusive insurance coverage for India at large. Further, innovation and customisation must guide our product offerings to cater to the diverse and distinct needs of modern consumers, while distribution channels need to evolve to deliver convenience at every touchpoint, be it digital or otherwise. As we move forward, cross-functional collaboration supported by collective action will serve as the cornerstone for fostering inclusive growth, contributing to the shared prosperity of our nation.”

    The evening continued with an engaging panel discussion ‘Scaling the Global Value Chain’, with insights from industry experts Vineet Mittal (director, Navitas Green Solutions) Dr Viranchi Shah (national president, IDMA and director, Saga Laboratories) Aditi Gupta (managing partner, Menstrupedia) Sandeep Mittal (MD, Corrtech Energy Ltd) and Ravi Bhamidipaty (MD, TCT Ventures). They shared valuable insights on navigating global markets, contributing to an enriching discussion for the audience.

    Taking the evening towards its end a thought-provoking session conducted by leading neuroscientist & NeuroLeap founder Kumaar Bagrodia on ‘The Neuroscience of Investing’ was held.

    Concluding the summit was the final enticing conversation between CNBC-TV18 anchor Shruti Mishra and Indian cricketer Mohammed Shami. Talking about his journey, Shami said, “If your hard work and luck are in your favour, then I don’t think anybody can stop you. You just have to stay loyal to your game and keep working hard. I believe nobody can take away my luck from me. My family has been incredibly supportive and has played an integral role in my journey.”

    The Ahmedabad edition of ‘The Growth Summit – vision for a $10 trillion economy’ underscored India’s trajectory towards economic prosperity, as industry leaders and experts converged to chart a path towards a $10 trillion economy. With diverse voices and ideas from different industries of Gujarat, the summit left an indelible mark on the audience and shared a unique vision for India’s journey towards achieving its ambitious economic goals. The upcoming Summits are to be held in Bangalore, Delhi and Hyderabad in the weeks to come.  

    For more information visit: https://www.cnbctv18.com/ms/thegrowthsummit/

  • YES BANK and CNBC-TV18 join forces to chart India’s $10 Trillion economy path at ‘The Growth Summit’ in association with Max Life Insurance

    YES BANK and CNBC-TV18 join forces to chart India’s $10 Trillion economy path at ‘The Growth Summit’ in association with Max Life Insurance

    Mumbai: YES BANK, one of India’s leading private sector banks, in collaboration with CNBC-TV18 and Max Life Insurance, recently organised ‘The Growth Summit – Envisioning a $10 trillion Economy. The launch event was held in Mumbai on Thursday, the summit brought together policymakers, industry stalwarts, startup visionaries, and academic luminaries to deliberate on critical aspects pivotal to India’s economic advancement. Central to the discussions was the government’s ambitious 25-year roadmap aimed at positioning India as the world’s third-largest economy, with a targeted GDP of $10 trillion.

    In the opening remarks, YES BANK CEO & managing director Prashant Kumar said, “This is a first-of-its-kind initiative presented by YES BANK, along with CNBC-TV18. This summit is aimed at envisioning India’s path to self-reliance and economic prosperity. Bringing together business leaders, policymakers, experts and visionaries to explore how the key factorial strength and latest business trends can be leveraged to accelerate our nation’s economic progress towards a $10 trillion economy. Transferring India from a services-dominated economy to one that is powering growth on the back of its domestic manufacturing. The Indian government has outlined its long-term strategic focus aligned with the prime minister’s vision of a strong and developed India in the nation’s 100 years of Independence. I would like to thank everyone for being part of this journey of achieving a $10 trillion economy roadmap.”

    During his address, Kumar announced the launch of ‘Yes Private’, the bank’s newest market offering that aims to partner HNI Business owners and C-Suite executives in their endeavor to leverage the opportunities on the road towards a $10 trillion Indian economy.

    He added, “Yes Private has been thoughtfully curated to complement the retail and wholesale banking offerings in the market. It integrates the Bank’s expertise across the spectrum and brings a full-stack product suite for HNIs across Family Banking, Business Banking, Wealth Management and Succession Planning needs. The program also lays out extraordinary privileges and experiences for clients pertaining to their distinct lifestyles in India and abroad.”

    In an engaging fireside chat on ‘Getting India Ready For Business’ featuring Salesforce India CEO & chairperson Arundhati Bhattacharya said, “Boosting social infrastructure through smart investments is key to moving forward, as shown by the various government’s schemes. They aim to lift up the most vulnerable groups – like the poor, women, students, and farmers – who make up a big part of our population. Without achieving parity in productivity between women and men, the goal of attaining a $10 trillion economy by 2030 will remain elusive. Farmers haven’t reached their full potential yet. Our youth, who is the strength of our country, needs support. India will always be a basket of talent.”

    The day progressed with a thought-provoking panel discussion on ‘Kickstarting Private Investment: Risks, Rewards & Requirements’, where panellists Avaada Group chairperson Vineet Mittal, and Blue Star MD B Thiagarajan exchanged insights. Subsequently, a candid conversation with Indian Tennis Player & Grand Slam Champion/World No.1 Rohan Bopanna captivated the audience.

    The evening continued with an engaging fireside chat, exploring the themes of ‘Opportunity Meets Optimism: Making The Most of India’s Moment.’ Persistent Systems CEO & founder Anand Deshpande, shared valuable insights, stating, “It is very clear that India will get to a $10 trillion economy mark and I am very excited about that. In addition to engineering and other investments that we are looking at, we need to focus on some level of research and the higher end of the food chain in some sense. While we do this, we need to focus on entrepreneurship, especially at the grassroots level and their communication of education and entrepreneurship would be the two things that I would focus on. I believe that we need to move towards a world where there is continuous learning and the facilities of practical knowledge at educational institutions. India has the potential to be the leader, we have the largest number of people who know how to use AI and other software.”  

    The event transitioned seamlessly into another fireside chat featuring Tata Power CEO & MD Praveer Sinha, discussing ‘Investing Today in Tomorrow’s Growth.’  While giving insights into India’s energy transformation, Sinha said, “The power sector has undergone significant transformation over the past two decades. We’ve witnessed a doubling of capacity every decade: from 100 gigawatts in 2000 to 200 gigawatts in 2010, and currently exceeding 430 gigawatts. Ensuring affordable electricity access for all consumer categories remains crucial.”

    The concluding panel discussion titled ‘Shaping A New Growth Mindset Through Innovation & Ideas,’ highlighted luminaries such as Decimal CEO Shailesh Dhuri; SolarSquare Energy director Neeraj Jain, Intermed Laboratories director Riddhi Jhaveri, Lizmontagens India MD Sanjeev Prabhu. It was followed by The ‘Masterclass on Brain Mapping’ by NeuroLeap founder Kumaar Bagrodia.

    The closing note was delivered by Max Life Pension Fund Management CEO Ranbheer Singh Dhariwal concluding the summit on a high note.

  • CNBC-TV18 Banking Transformation Summit 2023 Inspires banking excellence in India

    CNBC-TV18 Banking Transformation Summit 2023 Inspires banking excellence in India

    Mumbai: CNBC-TV18, India’s leading business, and financial news channel, organised the prestigious Banking Transformation Summit 2023 which concluded with resounding success at Taj Lands End, Mumbai on 23 August 2023. The event brought together visionaries, leaders, and experts from the banking and financial sectors who delved into India’s capabilities and focused on the theme of ‘Charting the Course for India’s Economy to Reach Five Trillion Dollars and Beyond.’

    The summit commenced with a warm welcome address by CNBC-TV18 managing editor Shereen Bhan “Technology adoption is reducing operational costs and is increasing workforce productivity. Together innovation and collaboration in the space do ensure the long-term efficiency and resilience of India’s banking sector. Despite the unprecedented events lurking in the background, the numbers continue to show progress. India has managed to navigate more adeptly than numerous developed nations.”

    The event commenced with an enriching conversation on the subject of Equipping A New India with  Kotak Mahindra Bank the MD & CEO, Uday Kotak. In a conversation with Shereen Bhan, he commented, “I think the debt market has more work to be done and I think the time has come for us to dramatically up our ambition.  The financial sector should put engines that support India’s aspiration and I’m looking forward to India becoming a 30 trillion dollar economy soon”.

    The day’s progression was marked by a captivating panel discussion on $5 Trillion Economy & Beyond: Ambition to Reality, moderated by CNBC-TV18 executive editor Latha Venkatesh. Distinguished industry figures including State Bank of India MD CS Setty; Federal Bank MD & CEO Shyam Srinivasan; Yes Bank MD & CEO Prashant Kumar; and Citi Bank of India CEO Ashu Khullar took part and shared their views.

    Subsequently, a fireside chat on Banking in the Indian Economy featuring KV Kamath, chairman, of the National Bank for Financing Infrastructure and Development (NaBFID), commented on the Banking scenario of India, he said “Today, with open source and fintech startups, the landscape has evolved significantly. In order to remain competitive, banks must acknowledge the innovative work done by these startups. To meet the evolving needs of an aspirational India and double the economy, the banking sector needs to adapt. The long-term financing of infrastructure presents a significant challenge. Banks, which typically operate with short-term maturities, must find a way to lend to long-term projects without incurring interest rate risk. Collaboration with emerging savings platforms like pension and insurance funds offers hope for addressing this challenge.”

    The evening moved ahead with another insightful panel discussion on the topic, Fintech & Banking Collaboration: Pioneering Lending in the New Economy, moderated by Ritu Singh, Associate Editor of CNBC-TV18, The discussion showcased luminaries like Chetna Sinha, founder-chairperson of Mann Deshi Bank; Sucharita Mukherjee, Co-founder and CEO of Kaleidofin; Shinjini Kumar, founder and CEO of SALT app; MN Srinivasu, Co-founder of BillDesk; and Rishi Gupta, MD & CEO of Fino Payments Bank.

    The event’s lineup then seamlessly transitioned into a fireside chat skillfully moderated by CNBC-TV18 editor- IT & Telecom Reema Tendulkar, on the topic of the pivotal role of technology in shaping the banking landscape where Nucleus Software founder & MD Vishnu R Dusad stated, “Across a span of three decades, our platform has catalysed the origination, servicing, and collection of 30 crores worth of retail assets, consequently amassing a commanding market share exceeding 50 per cent in India. The root of the challenge isn’t solely technological, it’s the establishment of an encompassing ecosystem. UPI’s triumphant journey, boasting ten million monthly transactions assured to boom to 30 million, aligns to create a digital profile that empowers lenders to discern patterns. The digital footprint encouraged through transactions empowers lenders to skill lending models, chipping away at interest rates for borrowers.”

    Concluding the summit’s riveting discussions was a final panel –  The New Regime for NBFCs: Building for the Future. Moderated by CNBC-TV18 deputy executive editor  Prashant Nair, this session hosted industry luminaries including Umesh Revankar, executive vice chairman of Shriram Finance Ltd; Rajiv Sabharwal, MD & CEO of Tata Capital; Jairam Sridharan, MD of Piramal Capital and Housing Finance; Ramesh Iyer, vice chairman & MD of Mahindra Finance; and Alok Aggarwal, CEO of Muthoot Home Finance.

    The CNBC-TV18 Banking Transformation Summit 2023 concluded with Nucleus Software, CEO Parag Bhise extending a heartfelt vote of thanks. He said, “I extend my heartfelt gratitude to each and every one of you, for gracing this event with your presence. Events like these provide us all an exceptional platform to exchange ideas, share insights, and collectively share the path forward. I feel privileged to stand before this esteemed gathering of industry leaders, experts, and visionaries who enabled us to create robust technology platforms that remain even after 3 decades at the forefront of innovation and transformation.”

    The CNBC-TV18 Banking Transformation Summit 2023 stands as a pivotal moment, fostering meaningful dialogue and innovation within the banking and financial sectors. By focusing on equipping India with forward-looking insights, the summit empowers participants to navigate and thrive within the ever-evolving landscape.

     

  • Hindustan Unilever and Mindshare Mumbai bag Grand Prix at Cannes Lions 2016

    Hindustan Unilever and Mindshare Mumbai bag Grand Prix at Cannes Lions 2016

    MUMBAI: Mindshare Mumbai has done India proud at the 63rd Cannes Lions International Festival of Creativity, by winning the Grand Prix in Glass Lions category for its work on Hindustan Unilever’s Brooke Bond Red Label tea. The brand was honoured last Monday for creating India’s first transgender pop band, the 6 Pack Band as part of the campaign initiative.

    The 6 Pack Band comprises six transgender singers hailing from India’s ‘Hijra’ community. It’s an initiative created and driven by Y-Films, the youth wing of Yash Raj Films, to help further the cause of gender equality in India with Brooke Bond Red Label as partner.

    Describing the win as an ‘epic moment’ Mindshare South Asia CEO Prashant Kumar added he never doubted the campaign’s success given that the core idea was brilliant. “As an organisation we were expecting that the entry will get a recognition. But winning a grand prix was a great delight.”

    “This campaign came out of a content day that we did for Unilever which listed great customised ideas for brand solutions. This was one of the shortlisted ideas amongst few other three to four ideas. Then Amin and his team designed on the concept based on the idea, which was further put to discussion with other partners. The result lead to larger things,” Kumar added.

    From the brand’s perspective, Team Unilever South Asia, leader Amin Lakhani admitted that the idea was provocative to begin with. “But with each and every roll out of the content piece our confidence in the campaign grew.”

    Kumar also pointed out the unprecedented amount of participation and acknowledgement that the campaign garnered post its launch.

    Within a short time period of its launch the music videos featuring the 6 Pack Band grabbed millions of eyeballs on Youtube, was aired frequently on television and the radio. Digitally, it was further boosted by online music streaming apps like Hungama, Gaana and Saavn. The band was also invited to perform at the Radio Mirchi Awards and Indian Music Awards.

    When asked how the campaign is a relevant brand communication for Red Label, Kumar answered, “The space the brand and the consumer is talking is about a comfortable ecosystem. The music video is a celebration of just that. It also leads into further such space of comfort, and red Label is able to liaison with consumers on the context of comfort. That’s the larger motive behind this campaign.” After all, Red Label’s proposition has always been to stand up for diffusing tension within societies over a cup of tea, Lakhani added.

    The biggest success for the brand, Lakhani felt, was the amount of acceptance the six transgender members of the band received and the fact that they are now looked upon as role models — not just within their community but across various cross sections within the society. By using popular culture Red Label as a brand has started a positive conversation on gender equality, and the previous campaign with 6 Pack Band is part of a larger initiative the brand plans to build around the subject.

  • Hindustan Unilever and Mindshare Mumbai bag Grand Prix at Cannes Lions 2016

    Hindustan Unilever and Mindshare Mumbai bag Grand Prix at Cannes Lions 2016

    MUMBAI: Mindshare Mumbai has done India proud at the 63rd Cannes Lions International Festival of Creativity, by winning the Grand Prix in Glass Lions category for its work on Hindustan Unilever’s Brooke Bond Red Label tea. The brand was honoured last Monday for creating India’s first transgender pop band, the 6 Pack Band as part of the campaign initiative.

    The 6 Pack Band comprises six transgender singers hailing from India’s ‘Hijra’ community. It’s an initiative created and driven by Y-Films, the youth wing of Yash Raj Films, to help further the cause of gender equality in India with Brooke Bond Red Label as partner.

    Describing the win as an ‘epic moment’ Mindshare South Asia CEO Prashant Kumar added he never doubted the campaign’s success given that the core idea was brilliant. “As an organisation we were expecting that the entry will get a recognition. But winning a grand prix was a great delight.”

    “This campaign came out of a content day that we did for Unilever which listed great customised ideas for brand solutions. This was one of the shortlisted ideas amongst few other three to four ideas. Then Amin and his team designed on the concept based on the idea, which was further put to discussion with other partners. The result lead to larger things,” Kumar added.

    From the brand’s perspective, Team Unilever South Asia, leader Amin Lakhani admitted that the idea was provocative to begin with. “But with each and every roll out of the content piece our confidence in the campaign grew.”

    Kumar also pointed out the unprecedented amount of participation and acknowledgement that the campaign garnered post its launch.

    Within a short time period of its launch the music videos featuring the 6 Pack Band grabbed millions of eyeballs on Youtube, was aired frequently on television and the radio. Digitally, it was further boosted by online music streaming apps like Hungama, Gaana and Saavn. The band was also invited to perform at the Radio Mirchi Awards and Indian Music Awards.

    When asked how the campaign is a relevant brand communication for Red Label, Kumar answered, “The space the brand and the consumer is talking is about a comfortable ecosystem. The music video is a celebration of just that. It also leads into further such space of comfort, and red Label is able to liaison with consumers on the context of comfort. That’s the larger motive behind this campaign.” After all, Red Label’s proposition has always been to stand up for diffusing tension within societies over a cup of tea, Lakhani added.

    The biggest success for the brand, Lakhani felt, was the amount of acceptance the six transgender members of the band received and the fact that they are now looked upon as role models — not just within their community but across various cross sections within the society. By using popular culture Red Label as a brand has started a positive conversation on gender equality, and the previous campaign with 6 Pack Band is part of a larger initiative the brand plans to build around the subject.

  • IPG Mediabrands appoints Sandeep Bastikar as head of performance marketing

    IPG Mediabrands appoints Sandeep Bastikar as head of performance marketing

    MUMBAI: IPG Mediabrands has appointed Sandeep Bastikar as the head of performance marketing for APAC.

     

    In this position, Bastikar will oversee IPG Mediabrands’ programmatic offering – Cadreon, while integrating search, paid social and data strategy to deliver business results for global clients across APAC, as well as accelerate performance marketing for World Markets Asia local clients.

     

    Bastikar has worked in the digital space for over 20 years. Previously, as the managing director of Singapore-based Brandneu Consulting, he ran the digital marketing and e-commerce consulting agency across the region, servicing global and regional brands. Prior to this, Bastikar set up Leo Burnett’s digital interactive arm in Singapore, responsible for business development and project delivery of its local and regional servicing clients such as P&G, Prudential Asia, Singapore Tourism Board in the region.

     

    Bastikar said, “I am inspired by Mediabrands’ vision to be the ‘Agency of the Future.’ The investments it is making in digital performance and the integration of its digital domains, namely Cadreon, Reprise and Ingenuity in its overall framework, is bound to drive up marketing ROI, while bringing true integrated solution for consumers. I have not seen any other agency understand and invest into the digital domain with such foresight. I am very excited to take on this role and help grow the business in the region.”

     

    IPG Mediabrands, World Markets Asia president Prashant Kumar added, “Sandeep’s entrepreneurial background, his keen understanding of the full spectrum of performance marketing – cross-funnel, whole brain, and consumer-centric, will help us accelerate the marketing futures for our clients. He will be a key ingredient to the ‘Agency of the Future’ we are trying to build in the region. We are very excited.”

     

    Bastikar reports into Kumar in this role and will be based in Singapore.