26-05-2025
India's supplements wild west; Payments firms' SaaS play
India's supplements wild west; Payments firms' SaaS play
Want this newsletter delivered to your inbox?
Also in the letter:
Pills, promotions and a dose of doubt: Influencers, VC money fuel India's booming supplements market
Growing concern:
Most supplements are sold directly to consumers via ecommerce websites and quick-commerce apps.
They're available over the counter – no prescription, no pharmacist, and often, no evidence that they work.
Multiple experts and industry executives told us this supplement boom is driven by post-Covid-19 health consciousness, amplified by influencer marketing, and backed by venture capital (VC).
Tell me more:
The sector attracted over $500 million in funding between 2020 and May 2025, according to data firm Venture Intelligence.
Brands like Plix, Kapiva, Fast&Up, and The Good Bug are leaning into influencer-led marketing, with some partnering with doctors and wellness experts to add a veneer of credibility.
Industry analysts say brands spend anywhere between 15-30% of their budgets on influencer marketing.
What about regulation?
In India, most supplements are regulated by the Food Safety and Standards Authority of India, not the drug regulator.
This means weaker scrutiny and lighter penalties.
Online pay aggregators focus on anti-fraud tech to up revenues
Tell me more:
Quote, unquote:
Zoom out:
Sponsor ETtech Top 5 & Morning Dispatch!
Why it matters:
The opportunity:
Reach a highly engaged audience of decision-makers.
Boost your brand's visibility among the tech-savvy community.
Custom sponsorship options to align with your brand's goals.
What's next:
IT's Q1 headcount growth likely to stay flat despite improved macro
Driving the news:
Hiring demand for new IT joinees continues to hover around 55,000, well below the brief peak of 80,000 seen earlier in 2025, according to staffing firm Xpheno.
There are currently 60,000 open roles in the IT services segment.
Job scenario:
AI-led hiring:
Quote, unquote:
Other Top Stories By Our Reporters
Tatas rope in Intel veteran Tim McIntosh to steer Assam chip assembly plant:
Spacetech gets an opening as India seeks more eyes in the sky:
Info Edge's shareholders clear Rs 1,000 crore VC fund play:
Byju's app taken down from Google Play Store:
Apple's India bet reflects global confidence: Rajeev Chandrasekhar |
Global Pick We Are Reading
Happy Monday! As over-the-counter health supplements are increasingly available online, concerns arise about their efficacy and regulation. This and more in the latest edition of ETtech's Morning Dispatch.■ Tepid IT job demand■ Top Tata Electronics' hire■ Info Edge readies VC fundFrom collagen powders and gut health liquids to magnesium tablets and hormone-balancing pills, wellness supplements have become lifestyle staples in post-pandemic India. However, as demand surges, so do questions around efficacy and oversight Payment companies are transforming their in-house fraud detection tools into software-as-a-service (SaaS) products for banks and fintechs, unlocking a new source of recurring revenue Payment aggregators (PAs) like PayU, Razorpay, and PhonePe have developed fraud detection systems to safeguard their platforms. Now, they are pitching these tools to lenders, promising improved transaction rates and enhanced customer security.'While we already work with large banks to address their payment fraud needs, many mid- and small-sized financial institutions need strong technology solutions to fight payment fraud. We are also targeting this segment, and the opportunity is significant,' said Anirban Mukherjee, chief executive officer, competition intensifies and regulatory caps squeeze margins, payment firms are eyeing SaaS as a more stable, margin-friendly revenue stream beyond their core payment Top 5 and Morning Dispatch are must-reads for India's tech and business leaders, including startup founders, investors, policy makers, industry insiders and Reach out to us at spotlightpartner@ to explore sponsorship growth in the IT sector is expected to remain flat , experts say, even as a pause on US President Donald Trump's 'reciprocal' tariffs lifts some clouds of 88% of active demand is concentrated in technology and engineering roles. The remaining 12% spans consulting, project management, business development, analysts, and other support functions, Xpheno firms prioritising quality over volume, demand is shifting towards 'future-ready' specialised roles in artificial intelligence (AI), machine learning, cloud, and cybersecurity. These segments are reported to grow by 30-75%, depending on the area, according to another staffing firm, Teamlease.'Although there is long-term optimism, companies remain cautious in the short term, reflecting a careful approach to hiring amid ongoing global uncertainties,' said Neeti Sharma, CEO, Teamlease Electronics has appointed Tim McIntosh as vice president and head of operations and manufacturing for Tata Semiconductor Assembly and Test (TSAT), marking the latest leadership hire of an Intel veteran at the India currently has around 10–11 defence satellites operated by ISRO, "revisit times are long" and there's an urgent need for more satellites , Lt Gen AK Bhatt (Retd), DG of the Indian Space Association (ISpA), told Noida-based firm will invest up to Rs 1,000 crore in Info Edge Ventures Fund III , paving the way for increased startup Byju's app has been removed from the Google Play Store due to payment disruptions for its services, while other apps remain available on the ongoing expansion of its iPhone manufacturing operations in India indicates increasing global confidence in the country's electronics manufacturing ecosystem, said former IT minister Rajeev Chandrasekhar.■ India's richest man can't crack e-commerce, even with Shein ( Rest Of World ■ Gemini in Chrome feels like a small step toward Google's agentic era ( The Verge ■ founder plots potential deal to buy failed company ( FT
