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Tag: Saurabh Garg

  • Kantar Insights & Airtel bag top honour at MRSI’s 33rd research seminar

    Kantar Insights & Airtel bag top honour at MRSI’s 33rd research seminar

    MUMBAI: Held in Mumbai, the event crowned Kantar Insights and Bharti Airtel Ltd as winners for their paper, ‘Reconstructing Bharat: A scientific approach to estimating India’s population demographics at a district level.’ The research tackled the challenge of building a sharper, district-level picture of India’s vast and varied population.

    The runner-up slots went to Knowledge Excel for ‘Guardians of the survey: Fighting fraud to protect research integrity and data quality benchmarking’ and to Zee Entertainment Enterprises with Third Eye Integrated Services for ‘Streaming the paradox: Gen Z and the intergenerational remix.’

    This year’s theme, ‘The Power of And’ attracted over 100 submissions, with 22 shortlisted papers presented on stage.

    The seminar opened with a keynote by Ministry of statistics & programme implementation, secretary, dr Saurabh Garg, who underlined the importance of data-driven policymaking in India’s journey towards Viksit Bharat. He highlighted innovations in AI, machine learning, and geospatial data as tools that are strengthening decision-making.

    Panels through the day kept conversations lively, from the ‘Joys and dilemmas of insight in the age of technology’ to candid discussions on how brands can authentically connect with India’s cultural and economic diversity.

    MRSI, president, Nitin Kamat set the tone and said, “The industry must embrace integration between technology and creativity, data and human stories, clients and agencies to shape the future of market research.”

    Committee chair Rituparna Dasgupta added, “The diversity of ideas, from academic breakthroughs to brand case studies, reflects the ambition of India’s insights industry.”

    With thought leaders from healthcare, hospitality, FMCG, and media in attendance, the seminar reinforced MRSI’s role as the beating heart of India’s research ecosystem and a champion of ethical, future-ready insights.

     

  • MRSI puts the power of ‘and’ at centre of 33rd annual seminar

    MRSI puts the power of ‘and’ at centre of 33rd annual seminar

    MUMBAI: The Market Research Society of India (MRSI) is set to bring fresh energy to Gurugram this month, with its 33rd annual market research seminar promising a heady mix of data, ideas and debate under the banner “The Power of And”.

    Dr Saurabh Garg, secretary at the ministry of statistics and programme implementation, will deliver the opening keynote on “Driving impact through data insights: harnessing public-private synergies for a Viksit Bharat at 2047”. His address will anchor two days of panels, papers and provocations at The Leela Ambience on 11–12 September.

    The line-up features Karthik Nagarajan of Hogarth, Aradhana Lal of Lemon Tree Hotels and Aditya Kasyap of Unilever, alongside sessions on navigating “many Indias” and a panel on the “joys and dilemmas of insight in the age of technology” with senior voices from HUL, Nestlé, Airtel, Kantar, Smytten and more.

    This year drew over 100 research paper submissions, with 22 shortlisted across four themes: bending and breaking methodologies, innovating at the edges, technology as an intersection, and the human mosaic of future leaders.

    “The seminar has long been the cornerstone of India’s research and insights industry,” said Rituparna Dasgupta, chairperson of the 33rd edition and EVP at Zee entertainment. “This year’s theme captures how our world is being shaped.”

    With Smytten Pulse AI as lead partner and heavyweights such as Kantar, Nestlé, ITC and Hindustan Unilever backing sessions, MRSI is positioning its flagship gathering as more than a talking shop.
     

  • NoBroker.com adds $30 mn to series D from General Atlantic

    NoBroker.com adds $30 mn to series D from General Atlantic

    MUMBAI: NoBroker.com today announced that it has added USD $30 million to its series D funding taking it to $80 million. This brings the total funding raised by NoBroker to USD $151 million.  The round was led by General Atlantic. This is an extension to its series D funding round of $50 million in October 2019 which was led by Tiger Global and General Atlantic had also participated in that round.

    NoBroker.com is seeking to improve user experience in the real estate industry by making transactions more convenient and affordable. More than 35 lakh properties are already registered on NoBroker and more than 85 lakh individuals have used NoBroker services.

    General Atlantic MD Shantanu Rastogi said, “NoBroker's service and product innovations to improve choice, reduce transactions costs, enhance transparency and deliver convenience are driving significant organic listings and subscriptions on its platform. NoBroker Pay, NoBroker Hood, NoBroker Home Services and several such innovations are deepening the engagement of owners, tenants, buyers and community residents with its platform making it a go-to-destination beyond its core offering of rental and sale transactions. We are excited to back Akhil, Amit and Saurabh in strengthening their leadership position in this huge segment.”

    NoBroker is a one-stop shop for the entire real estate transaction journey ranging from rental, sale or resale to post transaction services like loan, packers and movers, legal documentation, online rent payment, interiors etc.

    NoBroker launched its operations in Delhi-NCR in November 2019 and currently operates across six cities including Mumbai, Bangalore, Pune, Chennai, Hyderabad and Delhi-NCR.  NoBroker  had  acquired  society management and ERP solutions company Society Connect in an all-cash deal in February 2020 to strengthen their Visitor and Society Management app NoBrokerHood, making it a single app that any society would need.

    “NoBroker is making the entire real-estate transaction journey seamless with the help of technology. The huge amount of data we generate on the platform helps us to use machine learning and artificial intelligence leading to faster closures and customise offerings for every customer. The support provided to us by our investors is a testimonial to our ongoing tech innovation. We will further invest in our financial services to make them accessible to more people,” said NoBroker.com CTO and co-founder Akhil Gupta.

    Focus on making the entire transaction easy and affordable for the customers has ensured that NoBroker has gained strong traction in its current cities of operations and the business is currently adding more than 350,000 new users every month.

    “We  are  dedicated  to solve  a problem that  is  unique  to India and  build  India’s largest  real-estate  technology platform that makes transactions affordable and hassle-free. We have been tripling our revenue every year and this funding will help us further improve user experience and enable faster deal closures. We will continue to add value  across  the  user  journey  with  continuous  investment  in  our  home  store  and  NoBrokerHood,”  said NoBroker.com CEO and co-founder Amit Kumar.

    NoBroker.com CBO and co-founder Saurabh Garg said, “We are encouraged by the confidence that General Atlantic has placed in us. We are focused on building India’s largest one-stop platform for all real estate needs. Our growth across verticals tells that our unique model is solving a real customer problem. This funding will help us expand to new cities and also go deeper in the existing cities and service more customers. We will also invest further in our sales vertical."

  • NoBroker.com launches new TVC to lure more buyers

    NoBroker.com launches new TVC to lure more buyers

    MUMBAI: NoBroker.com, peer-to-peer real estate platform, recently launched a multi-city campaign to highlight its strength in buy/sell category after having established its leadership in the rental space.  Conceptualised and created by BlueBot films, the TVC breaks the perception that NoBroker is just a rental platform by positioning it as a first choice for buying a home.

    As much as Rs 120,000 crore is spent as real estate brokerage in India every year.  NoBroker enables better matchmaking between prospective buyers and sellers to drive significant savings in terms of time, money, and effort.

    As per NoBroker.com’s latest real estate report, as many as 64% tenants are looking to buy a house in 2020. Launched across the cities- Mumbai, Pune, Bangalore, and Chennai, Hyderabad and Delhi-NCR, the ad campaign targets buyers through multiple mediums. The campaign would be seen across National and Regional GEC, News and Movies. To augment the efficacy, the films are dubbed into respective vernacular languages for regional markets. The campaign would get amplified on digital and social platforms through multiple short format films and creatives. The campaign’s hashtag is #BuyBinaBrokerage.

    "NoBroker helps save over INR 1200 crores in brokerage annually. It sells over 1500 properties a month. We are already leaders in rental category across cities where we are present. This campaign would position us as a leader in the buy/sell space as well," Co-founder and CBO of Nobroker.com Saurabh Garg said. 

    Siva Prasad, Director Marketing at NoBroker.com said, “This campaign is designed to break the perception that NoBroker is just a rental platform by positioning it as a first choice for buying a home. We are targeting buyers who are financially smart and appreciate a more autonomous and brokerage-free process of buying a property.”

    NoBroker.com is a one-stop shop for home buying and associated needs such as home-loans, legal advice and interiors. In a short span since its launch, NoBroker.com has disrupted the Indian residential and commercial real estate markets through its innovative peer-to-peer approach. Leveraging cutting-edge technologies and AI-assisted tools, the platform eliminates brokers from the property search and discovery value chain to facilitate direct connections between property owners and property seekers. The platform has also introduced several unique features to address information asymmetry and to deliver end-to-end real estate solutions to its customers. The platform has been consistently featured amongst the most disruptive tech start-ups in India.

  • FDI proposals in print, broadcasting to be cleared by MIB; satellites by DoS

    MUMBAI: 5 June, 2017. That’s the date the Indian government announced that all foreign  direct investment (FDI) proposals  relating to the print and broadcast sector will be approved by the ministry of information and broadcasting (MIB).

    Approvals for proposals relating to satellite and telecom FDI investment have been put under the ambit of the department of space and department of telecom, ministry of communications, respectively.

    This was announced by the government  through a circular issued on the foreign investment promotions board (FIPB) website by ministry of finance joint secretary Saurabh Garg. The circular has pointed out that the following ministries will provide approval for foreign capital inflow proposals:

    *Ministry of mines (mining), department of defence production,

    *ministry of defence (defence),

    *ministry of homes affairs (FDI in small arms manufacturing),

    * ministry of civil aviation (aviation),

    *ministry of home affairs (private security agencies),

    *department of industrial policy and promotion (DIPP), ministry of commerce & industry (trading – single and multi brand and food products retail trading),

    *department of financial services, ministry of finance (banking – both public and private);

    *department of economic affairs (DEA), ministry of finance (financial services in areas where there is no regulator or more than one or ambiguity about the regulator)

    * department of pharmaceuticals, ministry of chemicals & fertilizers (pharamceuticals)

    The circular has also stated that NRI FDI proposals or FDI proposals for  export oriented units will continue to come under the ambit of the DIPP and will be processed by it. The DIPP will also have the responsibility to identify the right ministry if there is a doubt about who should deal with an FDI application. Applications for FDI into core investment companies or into Indian investment companies which will solely invest in Indian companies will need the DEA approval no matter which sector the investment is being made, says the circular.

    Investors  will continue making their FDI applications through the FIPB portal, the oversight of which is being transferred to the DIPP from the DEA by next month.

    The government has stated that the DIPP will lay down a standard operating procedure (SOP)  in consultation with each department/ministry.  It has stated that the SOP could involve the inter-ministerial committee (IMC) where necessary and it has to have a consistency of treatment and uniformity of approach towards all sectors. It has also ordered that departments and administrative ministries will need to get the approval  of the minister in charge/cabinet committee on economic affairs on each FDI application as per the FDI policy.

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