Latest news with #Mehrotra
India Today
4 days ago
- Automotive
- India Today
MG Select Experience Centre debuts in Delhi
JSW MG Motor India has officially launched its premium brand initiative, MG Select, with the inauguration of its first-ever MG Select Experience Centre in Delhi. Delhi Cabinet Minister Parvesh Verma inaugurated the premium MG showroom. advertisementDrawing inspiration from contemporary art galleries, the space features earthy tones and infinite white scapes, placing the vehicle at the heart of the experience — not just as a car, but as a sculptural Mehrotra, Managing Director, JSW MG Motor India, commented, "Luxury consumption in India has grown exponentially in the recent years, with MG SELECT we aim to further create a niche for the luxury car buyers by redefining and elevating the car ownership journey. Our vision of redefining the Indian luxury automotive landscape aligns with our dealer partners and together we will create newer benchmarks by offering technologically advanced products and exclusive experiences." MG Select promises a curated journey for every customer, offering exclusive, tech-driven experiences and a showcase of models such as the MG Cyberster and the MG M9 Presidential Limousine, both of which are currently on display at the Delhi centre. Amit Garg, Dealer Principal, MG Select Delhi, added, "This centre transcends the traditional showroom experience to redefine automotive luxury for our discerning clientele in Delhi. This will also cultivate a community where every customer's aspirations are realized and their patronage is genuinely cherished."As part of its larger expansion plan, JSW MG Motor India will roll out 14 MG SELECT Experience Centres in 13 key cities across the country by the end of Q3 2025, bringing the brand closer to luxury car buyers Motor India started the pre-reservations for the Cyberster electric roadster and the M9 electric MPV in to Auto Today Magazine- Ends
Time of India
5 days ago
- Business
- Time of India
Sandeep Mehrotra steps down as ad sales head at Sony Pictures Networks India
Sony Pictures Networks India (SPNI) has announced the departure of Sandeep Mehrotra , Head of Ad Sales – Network Channels, who will be stepping down from his role owing to personal reasons. Mehrotra, a seasoned media and advertising professional, played a key role in steering the network's ad sales strategy during a period of transformation. Under his leadership, SPNI's sales function witnessed growth, navigated market shifts, and established new revenue streams in an evolving media environment. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo Reflecting on his tenure, Mehrotra said, 'After careful consideration, I've decided to step down due to personal reasons. It has been a rewarding journey building a strong team, achieving key milestones, and fostering lasting industry relationships. I'm grateful to have contributed to SPNI's growth and to be part of a culture driven by ambition, collaboration, and integrity.' Gaurav Banerjee, Managing Director and Chief Executive Officer of Sony Pictures Networks India, acknowledged Mehrotra's contributions, stating, 'After a successful tenure leading Sales for our Network Channels, we sincerely thank Sandeep for his invaluable contributions, steadfast commitment, and the positive energy he brought to the organisation and our client partners. We respect his decision and wish him all the best.' Live Events
Hans India
13-07-2025
- Business
- Hans India
India ranks among world's top 10 tech markets in 2025, leads on talent availability
Bengaluru: India ranks among world's top 10 tech markets in 2025, particularly standing out in terms of talent availability, with its top six cities making the top 10 list for tech talent acquisition in the Asia-Pacific region, a report showed on Thursday. The Asia Pacific region is gaining momentum as a global tech talent hub, being home to three of the world's top 10 locations – Bengaluru in India, Tokyo in Japan and Beijing in China, said the report from Colliers. 'India is a powerhouse of tech talent and a key player in the global innovation ecosystem, supported by availability of skilled talent and employment opportunities across Tier I as well as emerging cities of the country,' said Arpit Mehrotra, Managing Director, Office Services, India, Colliers. Leading tech cities in India account for 69 per cent of the total tech talent in the Asia Pacific region. Bengaluru and Hyderabad, which host the region's largest talent clusters, continue to lead tech leasing activity, together driving nearly 50 per cent of the conventional office space uptake in H1 2025. 'With the availability of high-quality office space, robust IT infrastructure, and cost competitiveness, India's office markets will continue to feature prominently among the top destinations for technology-led global economic expansion,' Mehrotra added. The report examined more than 200 global markets based on their talent acquisition, venture capital (VC) funding, labour index, talent pipeline and sector composition. India ranks among the top destinations for tech talent both in the Asia Pacific as well as globally. Bengaluru and Hyderabad continue to remain preferred tech destinations in India, followed closely by other major markets, all of which attract global tech companies with skilled talent availability and a mature tech ecosystem, the report found. Occupiers in the technology sector remain a cornerstone of office space demand across India's top seven cities, driving Grade A space uptake in both conventional and flex spaces over the past years. During H1 2025, tech occupiers leased over 10 million square feet of office space across the top seven cities, driving 40 per cent of the conventional space demand. Within flex spaces too, nearly half of the demand came from technology firms. Global Capability Centres (GCCs) -- particularly those in the technology space -- continue to drive India's commercial real estate momentum. With a strong focus on innovation, scalability, and cost efficiency, India has firmly established itself as a global hub for GCC expansion, especially across its top office markets. 'India remains a preferred destination for global companies, particularly in the technology sector, with GCCs steadily evolving from traditional back-office functions to strategic innovation hubs. In H1 2025, tech occupiers accounted for 41 per cent of total GCC leasing at 5.2 million sq ft.
Mint
11-07-2025
- Business
- Mint
Fixderma's low-key, high-growth strategy defies D2C playbook
MUMBAI : Skincare company Fixderma is taking a markedly different approach from most direct-to-consumer brands—focusing on operational profitability, exports, and limited offline expansion. The Lotus Herbals-backed brand saw its sales grow 30% in 2024-25 and is targeting a 55% rise in 2025-26, said Shaily Mehrotra, its co-founder and chief executive. Instead of high marketing spends or rapid category expansion, the Gurugram-based firm is doubling down on dermatology-led products and controlled channel growth. 'We're not looking to be everywhere or do everything. There's still headroom in our core category," Mehrotra told Mint. Skincare company Fixderma is taking a markedly different approach from most direct-to-consumer brands—focusing on operational profitability, exports, and limited offline expansion. The Lotus Herbals-backed brand saw its sales grow 30% in 2024-25 and is targeting a 55% rise in 2025-26, said Shaily Mehrotra, its co-founder and chief executive. Instead of high marketing spends or rapid category expansion, the Gurugram-based firm is doubling down on dermatology-led products and controlled channel growth. 'We're not looking to be everywhere or do everything. There's still headroom in our core category," Mehrotra told Mint. Lotus Herbals Pvt. Ltd, which owns a 30-32% stake in the company for a ₹38 crore investment in 2021, remains a non-operational partner. 'There's no day-to-day involvement. We report numbers quarterly," she said. Roughly ₹16 crore of the funds were used to clear debt; the rest were deployed slowly, with no plans for further funding at this stage. Lean operations, no Retail buildout Fixderma India Pvt. Ltd operates two in-house manufacturing units (set up in 2012 and 2019), allowing better control over cost and production timelines. While most new-age brands outsource manufacturing, Mehrotra said the direct setup supports healthier margins and quality consistency. The brand has stayed away from large-scale retail. It operates a single store in Gurugram—positioned as an experience centre—and does not intend to scale that model. 'The economics don't add up for our ticket size," she said. Retail through pharmacy chains, however, is growing. Fixderma has expanded distribution with Apollo Pharmacy, Tata 1mg, and other medical retailers, particularly in the North East and West Bengal. Overall, retail accounts for about 5% of sales. Exports and derma drive sales Fixderma's business is split across D2C (40%), doctor-led derma sales (30%), exports (25%), and retail. Sales through the distributor channel, which includes exports and derma, touched an all-time high of $10 million in 2024. Vietnam remains its strongest international market, followed by Malaysia, Cambodia, and Nepal. 'Vietnam has become a high-performing market for us," Mehrotra said, adding that the company will participate in upcoming trade fairs in Jakarta, Moscow, and Bangkok to build further distributor relationships. Bangladesh sales have slowed due to a steep 120% import duty, while Indonesia remains a white space. No diversification for now Unlike many other D2C players, such as Mamaearth, mCaffeine, Wow Skin Science and The Moms Co., Fixderma is not entering adjacent categories such as makeup, supplements or baby care., Fixderma is not entering adjacent categories such as makeup, supplements or baby care. 'There is still room to grow in our current portfolio. Our focus remains on skin concern-based products," she said. The company is also working on a mass-market body lotion product, inspired by a formulation it supplies to the Australian government under a private label agreement. The product will be sold through pharmacies and target regular-use segments such as diabetics or recovering patients. The company spends selectively on digital marketing, with the highest investments going toward D2C. It has largely stayed away from celebrity endorsements, barring a small campaign with Vaani Kapoor, and instead focuses on influencer content related to skin issues, Mehrotra said. The company faced a Reddit thread in 2024 accusing it of not disclosing SPF test results. Mehrotra said the brand got its sunscreen tested in 2013 and retested in 2023 through international labs. 'SPF testing isn't widely available in India and costs are high, but that doesn't mean it's being ignored," she added. Fixderma has also dealt with counterfeit products on e-commerce platforms such as Meesho and Snapdeal. The company now monitors listings more actively and has found Amazon to be more responsive in enforcing IP rights. A former distributor had also posted allegations of unpaid dues online. Mehrotra attributed this to routine challenges of doing business across regions. 'We work with 450+ stockists and 18 CFAs. In one case, a distributor disappeared with over ₹2 crore in inventory. We recovered the goods, but incidents like this happen," she said. Staying conservative The company is not planning to raise more capital or list publicly in the near term. 'We've built at our own pace, kept costs tight, and stayed profitable. The idea is to grow responsibly," said Mehrotra. Fixderma had earlier been turned down by institutional investors for being 'too cautious". Mehrotra said several funds that passed on the brand later lost money in other high-burn D2C ventures. 'We weren't the right fit for that style of growth. And that's okay." Fixderma operates in India's fast-growing dermatology-led skincare market, which will be valued at over ₹12,000 crore in 2024. The market includes medicated and concern-based products for conditions like acne, eczema, pigmentation, and sun protection. According to IMARC Group, the segment is expected to grow at a CAGR of 8.7% through 2033, driven by rising demand for clinic-recommended, functional skincare. Fixderma competes with The Derma Co. (Honasa Consumer Ltd), Minimalist, Bioderma, Cetaphil, and La Roche-Posay in the clinical skincare space, and Plum, Aqualogica, Re'equil, and Foxtale in the D2C and premium skincare category. However, unlike most D2C brands, Fixderma owns its manufacturing and does not operate in colour cosmetics or supplements, keeping its focus strictly on skin concern-based products.
India Gazette
10-07-2025
- Business
- India Gazette
Technology firms drive nearly half of flex space demand in first half of 2025
New Delhi [India], July 10 (ANI): Technology companies remained the biggest occupiers in India's flexible workspace segment during the first half of 2025, contributing to nearly 50 per cent of total demand, as firms continued to prioritise agility and talent access in a hybrid work environment. Flexible office spaces offer employees a range of options and work environments. Unlike traditional offices with fixed and assigned desk positions, workers in a flexible office space can choose the area of the office that best suits the type of work they need to do at that moment. Occupiers in the technology sector remain a cornerstone of office space demand across India's top seven cities, driving Grade A space uptake in both conventional and flex spaces over the past years, said real estate consultancy firm Colliers. During H1 2025, Tech occupiers leased over 10 million square feet of office space across the top 7 cities, driving 40 per cent of the conventional space demand, the report added. Bengaluru and Hyderabad, which host India's largest talent clusters, continue to lead tech leasing activity, together driving nearly 50 per cent of the conventional office space uptake in H1 2025. The Tech sector dominance is driven by India's deep talent ecosystem, established IT infrastructure, and lower operational & talent costs, making it an ideal hub for global technology firms. 'India is a powerhouse of tech talent and a key player in the global innovation ecosystem, supported by availability of skilled talent and employment opportunities across Tier I as well as emerging cities of the country,' said Arpit Mehrotra, Managing Director, Office Services, India, Colliers. 'Leading tech cities in India account for 69 per cent of the total tech talent in the Asia Pacific region. Bengaluru and Hyderabad, which host the region's largest talent clusters, continue to lead tech leasing activity, together driving nearly 50% of the conventional office space uptake in H1 2025,' Mehrotra added. He further added that With the availability of high-quality office space, robust IT infrastructure, and cost competitiveness, India's office markets will continue to feature prominently among the top destinations for technology-led global economic expansion. The Global Tech Markets: Top Talent Locations 2025 report which examined more than 200 global markets added that Asia Pacific region is gaining momentum as a global tech talent hub, being home to three of the world's top 10 locations - Beijing in China, Bengaluru in India and Tokyo in Japan. India and China continue to dominate the global technology talent landscape, with India ranking among the top destinations for tech talent both in the Asia Pacific as well as globally. India particularly stands out in terms of talent availability, with its top six cities making the top 10 list for tech talent acquisition in the APAC region, the report added. Global Capability Centers (GCCs)--particularly those in the technology space--continue to drive India's commercial real estate momentum. India has firmly established itself as a global hub for GCC expansion, especially across its top office markets, with a strong focus on innovation, scalability, and cost efficiency, the report added. (ANI)
