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Tag: Rishi Vasudev

  • 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.

  • Lifestyle and Flipkart Group enter into a strategic partnership in India

    Lifestyle and Flipkart Group enter into a strategic partnership in India

    MUMBAI: Lifestyle, India’s leading fashion destination for the latest trends, today announced a strategic partnership with India’s leading eCommerce marketplace, Flipkart Group (Myntra, Jabong & Flipkart). The partnership between the leading fashion player and leading eCommerce marketplace will enable consumers to access the best in fashion, in a seamless manner across the country. This partnership will bring together the unmatched combination of the premium shopping experience of Myntra along with the reach of Flipkart Group, ensuring the right growth for Lifestyle’s wide fashion offering, from its successful portfolio of brands.

    Consumers today are seeking a unified shopping experience. As leaders in their categories, both Lifestyle and Flipkart Group bring unique capabilities including relevant customer insights, Flipkart’s vast reach and Myntra’s deep understanding of the fashion business. Through this partnership, Lifestyle will take its wide selection of product ranges including its fashion private label brands across womenswear, menswear, kidswear, footwear, handbags, fashion and accessories, to newer geographies, while helping serve the over 160 million consumer base of the Flipkart Group. 

    Having completed 20 successful years in the industry, Lifestyle currently has a network of 78 stores in India and is growing rapidly by adding one store every 45 days, aiming to have 100 stores within the next two years. Flipkart Group’s expertise in using innovation and technology to create best-in-class customer experiences combined with an unmatched reach has helped establish it as the partner of choice for Lifestyle. The move also complements Flipkart Group’s strategy to bring a wide range of branded offering in important segments like women’s ethnic wear, kidswear and men’s formal wear. This partnership between the two players aims to provide a seamless shopping experience to customers, while exploring the strategic collaborations on loyalty programs and exciting customer engagement activations.

    Speaking about the partnership, Mr. Vasanth Kumar, Managing Director – Lifestyle International Pvt. Ltd. said, “This collaboration brings together Flipkart Group’s extensive reach and Lifestyle’s high fashion offering, thereby enabling us to serve a larger number of fashion-conscious consumers, across the country. Our strong private label offering with a wide variety of styles and trends across categories of apparel, footwear and fashion accessories distinguishes us from the rest in the market. United by a common goal of providing customers with a unique & memorable shopping experience, we are confident this partnership will help to further expand our brands’ reach, catalyzing a sharper growth trajectory for these brands.”

    Speaking about the strategic partnership, Rishi Vasudev, Senior Vice President and Group Head – Fashion (Flipkart, Myntra, Jabong) said, “At the Flipkart Group, we believe in collaborating with the best in the industry and this partnership with Lifestyle is a strategic move to enhance our customers’ shopping experience, by offering a seamless partnership between the country’s leading fashion retailer and India’s leading marketplace. With Myntra’s extremely engaging fashion-conscious customer and Flipkart’s pan-India reach, Lifestyle will be able to take their offerings to an even larger consumer base. Lifestyle’s wide range of brands across fashion categories which highly complement our platforms will enable growth for both players. This partnership further strengthens our position as the leading fashion destination in India and is a testament to our vision in bringing the best of fashion to millions of Indian consumers. We are very excited about this partnership”

    Consumers will now be able to access the latest styles from Lifestyle on both Flipkart and Myntra.

    Lifestyle’s private label brands are curated for addressing wardrobe needs of a wide consumer base, for every occasion. Melange, which is amongst the leading ethnicwear brands in the country, has been endorsed by leading celebrities in the past and currently by style icon, Taapsee Pannu. Melange offers contemporary ethnicwear and represents the style sensibilities of modern Indian women, whose fashion choices are eclectic and inspired by global trends. Ginger, a westernwear brand inspired by the young girl of today, caters to the wardrobe need for the bold, young and independent. While Forca, endorsed by Bollywood superstar Tiger Shroff, offers feature rich denim-wear at highly attractive price points.
     

  • Flipkart to bring best of fashion to trend-conscious shoppers

    Flipkart to bring best of fashion to trend-conscious shoppers

    Mumbai: Flipkart has come together with Vogue to help fashion-conscious shoppers up their game through 10,000+ looks curated by experts. Vogue India’s handpicked choices will help customers access the trendiest looks according to the industry. Customers will be able to take advantage of Vogue India’s expertise on Flipkart starting 5 March.

    Indians have displayed an increasing propensity for shopping for fashion and lifestyle products online, with Flipkart Fashion having grown over 50 per cent since launching six years ago. Customers across the country are increasingly becoming fashion conscious and trend-aware, from metros to tier 4 cities. Their tie-up with Vogue India will allow consumers to add depth and more nuanced angles to their choices through personalised, curated looks. This initiative will help bridge the gap between the masses and the best of the fashion industry, ensuring that fashion is no longer just the domain of a select group of people.

    Flipkart group head for fashion Rishi Vasudev said, “Customers are not just looking for price and quality when they shop for fashion online. They want access to the latest styles that they may see in magazines or on TV, but they may not know how to go about this. Through our association with Vogue India, our customers will be able to benefit from this fashion behemoth’s expertise and discover new, exciting products based on their personal style. Everyone knows that Vogue is the most recognised name in fashion internationally. By partnering with them, we hope to democratise high-street fashion in the country and make it more accessible to millions of Indians.”

    Vogue India editor-in-chief Priya Tanna said, “Vogue has always been about bringing both aspirational and accessible fashion to the Indian consumer. With this new collaboration with Flipkart, we bring our readers a Vogue curated edit of the latest fashion trends and the pieces you should own.”

  • Rishi Vasudev to head Myntra-Jabong fashion and lifestyle division

    Rishi Vasudev to head Myntra-Jabong fashion and lifestyle division

    MUMBAI: Just a week after naming Amar Nagaram as the head of Myntra-Jabong, Flipkart has now promoted its fashion department head Rishi Vasudev to handle the additional responsibility of the fashion and lifestyle categories of its fashion portals Myntra and Jabong. Earlier this month, Vasudev was promoted as senior vice president.

    While Nagaram will now be heading the product, tech, and customer experience, Vasudev will be overseeing the fashion and lifestyle at Myntra and Jabong. Both of them will be reporting to Flipkart CEO Kalyan Krishnamurthy.

    Prior joining Flipkart, Vasudev was appointed with Calvin Klien in India as CEO. He is the third Flipkart executive, following Ayyappan R and Nagaram to have been given responsibilities in Myntra and Jabong since Walmart acquired the company in August last year.

  • Flipkart Launches Ann Springs, a women’s Western wear private label brand

    Flipkart Launches Ann Springs, a women’s Western wear private label brand

    MUMBAI: Flipkart Fashion, India's largest online fashion store, today announced the launch of its new in-house Western wear label, Ann Springs, focused on the new-age Indian woman with a bold individual style and an eye for the latest trends. Designed especially with the 22-25 age group in mind, Ann Springs currently features over 150 unique styles starting at Rs. 399, with plans to double the selection in the next few months.

    Women’s western wear is one of the fastest growing segments in the online fashion space today. As Indian tastes change to reflect the country’s influential youth population, shoppers are increasingly turning to buying apparel online. As with all its existing private labels, Flipkart has identified an underserved segment of the market — young, professional women looking for premium Western apparel that can transition smoothly from casual to glam. Ann Springs is looking to give these customers what they have been aspiring for.

    Launching the new label, Rishi Vasudev, Head of Fashion at Flipkart, said. “Women’s western wear is one of our fastest growing categories, where we have witnessed 100% Y-o-Y growth from Tier II cities and beyond. Women from smaller towns are clearly telling us that they want international styles tailored specifically to the Indian woman. This is where Ann Springs comes in. Our collection brings together the latest Western styles at affordable prices, and will help women from all over the country look the way they want to.”

    “Inspired by fast fashion, Ann Springs couples trendiness with day-to-day functionality. We  are confident the brand will help create stickiness for our large women shopper base and solidify Flipkart Fashion as the top destination for all of India’s fashion needs,” he added.

    Ann Springs is the sixth private label offering from Flipkart Fashion, following in the footsteps of Divastri, a women's ethnic wear range; Metronaut, for the urban man; Anmi, a brand of fusion ethnic wear; Miss & Chief, kidswear; and the Cara Mia line for women’s footwear and accessories.