Consumption of cricket-related content exceeded 0.75 billion on UCWeb Platforms – UC News and UC Browser, for the latest edition of IPL 2017 and the recently-concluded ICC Champions Trophy 2017, according to a data report, titled Insights into India’s Cricket Frenzy, released by UCWeb.
More than 50 percent of the country’s population logged on to the UCWeb platforms over the last 3 months for cricket scores and updates. More details in the report below
V Resorts, an asset-light resort management company, recently raised $4 million in its third round of funding, with Seedfund and RB International. V Resorts currently manages over 70 resorts across 15 states in the country. The company operates on a business model of aggregating existing properties and managing the operations of those properties on a revenue share basis. With this infusion of funds, V Resorts is all set to make a paradigm shift in the landscape of the leisure travel sector in India.
Commenting on the development, Aditi Balbir, Founder and CEO of V Resorts said
Our competitors are aggregators who solve the problem of discovery – ‘Where to go’. The travel space is flooded with such aggregators but no player is currently targeting the problem of on-ground experience. We at V Resorts solve the problem of customer experience – from manpower to vendors, procurement, booking, feedback etc. – covering the entire gamut of hospitality services. The funds will be utilized to further invest in these consumer and operator interfaces. We are also looking at doubling our inventory by the end of this year and are geared towards a three fold growth in the company.
Initiatives are in place to increase our footprints to over 1000 locations in India in the next two years. Keeping in mind our goal of going where Indians go, international expansion is on the cards as well. South East Asia is amongst the favorite overseas destinations with Indians, so it’s a prudent decision to focus our initial expansion efforts there.
Commenting on the investment, Harshavardhan Bothra, RB Investments Pte Ltd said
In this challenging ecosystem, V Resorts has a differentiated business model that allows for high profitability with occupancy increase. And given the high capital efficiency, the model can be scaled quickly.
Executive Director Shailesh Vikram Singh, Seedfund which has invested in V Resorts in the initial phase as well said
This is indeed exciting times for the travel leisure segment. Our strategy will be to build travel choices even to the most inaccessible places and create profitable businesses with the involvement of the local community.
V Resorts is an alternate accommodation provider in the leisure travel space. Since 2014, the company has been operating on the foundation of bringing superior quality and standardization to the less explored but breathtaking destinations of India. For customers who want to travel to new places and explore parts of India, the company promises a seamless standardised experience – from searching for information, making a booking, reaching the place to experiencing the local appeal of that destination.
With just 5 days to go for the roll out of GST, the GST common portal opened inviting fresh registrations of first time taxpayers including those to be registered as TDS/TCS and enrollment of GST Practitioners. It is also open for existing taxpayers to complete their enrollment process.
The Goods & Services Tax has been referred to as the most significant tax reform in India post independence. The new regime will usher in a common national market by doing away with a complex web of local and central taxes and incorporating them into a single levy.
The GST portal has already opened two windows for enrolments – first between November 8 to April 30 and then from June 1 to June 15. This is the third window to allow all taxpayers enough time to migrate to the new regime.
As the technology provider of the regime, GSTN has been working tirelessly to ensure there are no delays in the commencing of the ambitious indirect tax regime. The GSTN has set up a robust portal already equipped to handle as many as 2.6 billion transactions every month.
The GST Common Portal will enable taxpayers to meet the GST compliance requirement like filing returns and making tax payments.
About Goods and Services Tax Network [GSTN]
Goods and Services Tax Network [GSTN] is a Section 8 [under new companies Act, not for profit companies are governed under section 8], non-government, private limited company. Instituted in March 2013, the Company has been set up primarily to provide IT infrastructure and services to the Central and State Governments, tax payers and other stakeholders for implementation of the Goods and Services Tax (GST). The Government of India holds 24.5% equity in GSTN and all States of the Indian Union, including NCT of Delhi and Puducherry, and the Empowered Committee of State Finance Ministers (EC), together hold another 24.5%. Balance 51% equity is with non-government financial institutions. For more information, please visit GSTN
Owning a home is everyone’s dream but choosing the right builder, right locality is a herculean task. Not to mention that ‘Budget’ also takes a higher priority since even if you like a particular flat, it may/may not fall into your budget. On one hand there are some builders who charge ‘Premium’ for their flat since they are well-known brands and have a massive brand recall, on the other hand there are ‘Aspiring’ companies/builders that offer the best quality homes at reasonable price so that ‘Benefits’ are passed on the customer!
It is also a known fact that most of the construction projects get delayed due to rising cost of raw materials, approvals, etc. hence a builder that aims to deliver ‘Quality’ projects on-time would always have an upper-hand over its competitors. One such company is Kumari Builders and Developers that has successfully completed couple of residential projects in Bengaluru.
Today we have a chat with Ashok Naidu, Director, Kumari Builders and Developers about brand Kumari, his journey, learnings in scaling Kumari, Real Estate (Regulation and Development) Act, etc. So let’s get started with the Q&A…
Let’s rewind the clock, can you take us through the notable experiences of your professional journey [so far with Kumari Builders].
There is a lot that I learnt from my father when I joined. I enjoyed every phase when he handed over more responsibilities to me. During the initial stages of my career, I reduced the procurement time of cement materials from 15 days to 5 days by streamlining the entire process by directly dealing with manufacturers than dealers. I received special appreciation from my father and was handed over responsibilities of purchase department too. This was an important milestone for me.
Planning and designing Kumari Amaranthine is another noteworthy experience. This project is designed to obtain platinum certification under Indian Green Building Council’s Green Homes Rating System and is environmentally responsive. Projects such as these require more initial investment and may not necessarily bring in more profits. So when my brother and I proposed this project to my father, we were worried that he may not give the go-ahead as he is a no non-sense person when it comes to finances. Not only did he agree to the proposal, but he asked my brother not to over price it like projects of similar nature.
Considering your experience [with Kumari combined with your father’s exp in same business], how has the construction business evolved over the last couple of years.
The real estate segment is getting more regularized every year. We could practically start construction and finish it with just 15~25% of initial investment up to the late 2000’s. It is not so any more. You can only sustain if you have adequate primary funds. The power is gradually shifting from developers to consumers.
You have been an integral part of the journey at Kumari Builders which was started by your father, can you please highlight key pillars of the group.
We deliver whatever we promise without any compromise, we also make sure that we deliver on time. My father places a lot of emphasis on quality irrespective of the pricing of the apartment.
Since primary foothold of Kumari Builders is in Bengaluru [which is known for its tech], what are some of the technological advancements used by your group in order to cater to this ‘tech obsessed audience’ ?
A recent technology that we have implemented in our all projects is MSDD connection. It integrates FTTH [internet], CCTV and DTH in to one single circuit. The advantages are multi-fold – we can use multi DTH’s connection without extra wiring; no separate antenna is required and you can access CCTV footage at the entrance – you can watch your kids activities in the play area through your television. It offers faster internet as well. This is going to be a mandatory element in all of our future projects. In fact, in one of our projects in Whitefield that has a day care facility, we have installed CCTV and the parents can check on the children from their offices on their mobile phones.
Can you please list some of the noted projects of Kumari Builders and some of the USP’s of these projects ?
Kumari Woods and Winds and Kumari Amaranthine. Kumari Amaranthine is designed to obtain platinum certification under Indian Green Building Council’s Green Homes Rating System and is environmentally responsive with many sustainable features. At the same time it is not overpriced like projects of similar nature.
Kumari Woods and Winds is designed as a home for all age groups. It is located in Whitefield. The project includes a day care for working parents, amenities that keep the children busy during weekends and numerous features for the elderly as well.
Most of your residential projects are close to tech parks, hospitals, etc. where land rates will be high, but Kumari Builders offers flats at the best rates, how does Kumari Builders ensure that you deliver the best quality at much lesser rate ?
We follow a philosophy of ‘higher turnover and lower profit margins’ unlike the norm which is ‘lower turnover and higher profit margins’. That’s how we are about to launch our 13th project in just about 4 years.
How important is Post-Sales Support and what are Kumari’s methodologies to provide best Buying Experience to its customers ?
Most of our customers are from IT who are pressed for time. For them time is equivalent to money. Customer care is directly operated under the Director, which translates to quicker and better response.
Kumari Builders’s journey started with Anantapur district, how different is real estate business in smaller cities vis-a-vis bigger cities like Bengaluru ?
The basics are always same. Customer trust is much easily obtained in towns and smaller cities than in metropolitan cities.
With good success ratio in residential projects, what is the next growth plan for Kumari [Villa, expansion to newer cities in South India, etc.] ?
We will be entering the villa and plot segment, but our target audience will remain the same – young working professionals.
What are some of the marketing strategies used by Kumari Builders in order to market its projects ?
We do not believe in mere marketing strategies. We always strive to provide a great product at a competitive price. That’s what sells our projects despite not going in for a huge marketing spend.
Your thoughts on the Real Estate Regulatory Act Bill [RERA], benefits for customers and how it might have an effect on the Real Estate Projects ?
We have noticed a number of reforms and policies lately that are trying to regularize the real estate sector in India. RERA is a real game changer. Implementation of RERA offers protection and faith to home-buyers and investors. From an industry point of view, it can have some implications on completed yet unsold, ongoing and new projects.
The frequency of new project launches might lessen for a year. A decrease in supply may lead to increase in prices and also result in unsold inventory moving faster. Hence the sales of existing inventory may go up, but eventually it will reduce.
The latest regulations that call for firmer compliance and transparency may push real estate prices up. Some of the other reasons for the price rise include increase in construction costs due to the pressure to deliver projects on time irrespective of delayed material supply by vendors, contractor delays, natural disturbances, low sales or any other factors.
It is well-known that projects in prime areas generates faster sales than projects elsewhere. In fact, sales pick up mostly during the ready-to-move-in phase. It is not uncommon for developers to divert some of the fund flows from prime location projects to non-prime ones until the sales pick up. This would not be possible now due to restriction of fund flows up to 70% through maintenance of separate accounts.
Can you comment on the PM’s mission of Housing for All and how builders [both big, mid and small builders] can turn this dream into reality ?
Building 2 crore homes is a herculean task and hence government has preferred a public-private partnership for these massive undertakings. This is a welcome move.
Most of the real-estate companies have Celebrity Brand Ambassadors, how much does it help companies [builders] to build a vibrant brand with celebrities on board ?
It’s just one of marketing strategies. Customers are better educated now. They can go beyond fancy marketing campaigns and look at the product itself. Customers would prefer a competitively priced better product than a normal product fancily marketed.
There has been lot of advancements in real estate like Precast, etc. how according to you can builders make best use of them in order to reduce TAT and deliver quality projects [at best prices] ?
I am happy to see that many builders are using advancements such as Precast and Mivan in construction technologies in recent years to reduce delivery time and improve standards in quality. However, not every advancement is suitable for every project. For example, precast is only affordable for bigger projects.
T. Ashok Naidu, you joined your family business at a very young age [and most of your staff is below 35 years of age], how do you keep your young team motivated and how much does having younger team members help in building a vibrant company ?
We do have a few experienced employees at higher levels. However, 90% of our team including my brother and I are below 35. Since most of the target customers we work for are below 35, we feel that employees of the same age group can understand and communicate with our customers better.
We hire staff who hold the same kind of ethos. It’s easy to be motivated when you work for what you believe in.
With GST implementation just around the corner, what is the impact that GST would have on property rates and the overall real estate sector.
Unlike the previous tax regime, GST allows input for tax credits on construction materials which is a boon for developers. Apart from simplifying the whole mechanism of taxation, it also brings the much-needed transparency into the sector. GST will not have a significant bearing on the pricing for property buyers.
How different is managing family business [since you are not a founder but have to think & act in an Entrepreneurial manner] and can you share some tips for entrepreneurs who are managing family businesses ?
Youngsters are fresh with new ideas and can quickly embrace changes unlike the founders or the elders in a family business. It is essential to learn from the experiences of the founders, while at the same changing with the times. It’s important to introduce changes gradually so it doesn’t upset the structure of the organisation.
Educability is a common trait among youngsters. Patience is an important value that the young generation needs to practice to manage a business successfully.
Family businesses need to embrace change (especially when baton is handed over to the next gen), how do you inculcate such values in Kumari and at the same time ensure to learn from the experience of your father [who founded the company] ?
Any business needs to embrace change and keep up with times to stay relevant. Embracing change is easier in family businesses. We make sure the change is gradual and streamlined rather than abrupt and radical and also in conjunction to the values of the founder.
Some books that you read and recommend for aspiring entrepreneurs ?
I have a lot of favourites but the one that I would really recommend is Purple Cow. It is an eye-opener on how to create something noticeable in everything you do.
We thank T. Ashok Naidu for sharing his valuable insights with our readers. If you have any questions for him or the Kumari Builders team or you are an existing customer of Kumari Builders, please leave your feedback/question in the comments section or share them to himanshu.sheth@gmail.com
Cre8comm -India’s first online community driven marketplace launches their services for consumers across the country. It is a marketplace where one can find the most authentic and indigenous products from the varied and diverse communities of India. It is one of the most advanced, convenient, hygienic, and easily available marketplaces in the country. It provides every community with almost every product – apparel, food from their hometown irrespective of where you live.
The company will begin delivering authentic community products and services which are usually difficult to find. From authentic fresh foods, such as meats and fish, and ready-made meals, apparel, items for ‘puja samagri’ for any occasion, such as a marriage or a Griha Pravesh. They also have many more products which are available in a certain state and community, and nowhere else in the world. At a click of a button, your authentic, freshly made, sumptuous Bengali mithai reaches you fresh and ready to eat.
The company aims to reduce cumbersome visits to the local market especially while searching for authentic products in a different city. Sometimes, that, which is rarely found in any other part of the country, leaving you with one option, call a relative, and has it couriered. Now with Cre8comm‘s latest online services, your most loved Bengali mithai, fresh from the store, sweet, delicious and sumptuous is now immediately available to satisfy your sweet cravings.
Delighted to bring an authentic experience, Promita Sengupta, Director, Cre8comm shared
This project is very close to our hearts and it gives me immense pleasure to be introducing this revolutionary service to the communities of India with a plethora of indigenous products. We are focusing on few communities to begin with. Soon we will be covering the rest of India. As demand grows, to make authentic, community products easily available and accessible for the Indians who are living in all corners of India, Cre8comm aims to provide solutions to many of these problems.
Initial focus will be the Bengali community followed by Oriya, Malayali and Bihari and more will be added in the future.
About Cre8comm
Cre8comm is the first community driven hyperlocal e-commerce marketplace which home-delivers traditional essentials and products to all the diverse communities of India. Today’s modern lifestyles and hectic work-life schedules; makes traditional necessities difficult to find. Hence the founders introduced this innovative concept on to the e-commerce platform, creating a new whole experience.
The company’s vision is to deliver authentic and special foods, especially those that you are craving for, and they go an extra step by bringing sumptuous traditional dishes from their own ‘Culture Kitchen’, an innovative dining concept where their chefs are locals of same the community. For more information, please visit Cre8comm
Gaming has been a crucial part of the mobile industry since the launch of the App Store in 2008. For seven years in a row, gaming apps have been used more than apps from any other category. Consequently, mobile gaming has truly shaped how we engage on our smartphones today. However, since 2015, gaming sessions have been on the decline. Does that indicate the end of the mobile gaming era ?
Flurry Analytics reviewed the gaming industry based on app usage [Flurry Analytics tracks over 940,000 apps across all app categories which provides insights into 2.1 Billion devices]. To investigate current mobile gaming trends, they examined gaming categories combining iOS and Android data and bundled related gaming categories together.
Who are the heavy gamers ?
The top 5 mobile gaming countries [United States, India, China, Brazil and Russia] are driving 50% of all global gaming sessions. While the United States, India, and China take the top positions for gaming sessions, other countries are also showing a growing percentage of gaming addicts. For example, the United States accounts for 20% of all gaming sessions globally, but only 13% of all U.S. app sessions are games.
According to Electronic Entertainment Design and Research, users who are spending more than 5 hours per week in mobile games in North America are 52% female, 38.6 years old, and use both a smartphone and a tablet for gaming in 60% of all cases. While the real gaming addicts are in Europe [users in Netherlands and Sweden spend both 31% of all their app sessions in games], these countries don’t have a significant attribution to the overall global gaming sessions. In fact, Netherlands only accounts for 2% and Sweden for about 1% of all global gaming sessions.
Key Gaming Categories in Decline
For the second year in a row, gaming sessions are declining year-over-year. Three years ago, arcade, casual and brain games were driving 55% of all gaming sessions. Since then, there has been substantial declines in two of those categories – Arcade and Casual games. Arcade games, which accounted for 24% of all gaming sessions in 2014, decreased by 34%, and casual games by 50%. The declines of those two very large gaming categories were a key factor for the overall game session downturn within the last two years. A lot of those sessions simply dropped and were not spent in other gaming categories.
Are there any winners in a time of decline ?
While mobile gaming sessions have declined by 10% year-over-year, some categories continue to gain traction in usage. This year, card & casino apps reached a spot in the top three gaming categories. Sessions grew by 22% since 2014, and the category now accounts for 15% of all gaming sessions. Separately, the growth of smaller app categories is driving diversification for the industry. For example, board and strategy games grew 29% year-over-year from 2016 to 2017 and sessions are up 80% since 2014. This rise increased the category’s session share of all gaming apps from 1.6% to 4.0%.
They also identified similar trends in other smaller categories such as racing. Racing grew by 26% year-over-year and increased its game app session share from 1.6% in 2014 to 2.1% in 2017.
Fewer but longer gaming sessions
Flurry data shows that time spent in gaming apps has remained steady over the last year [+1%]. The average US consumer spends 33 minutes per day in mobile games, and our data showed that the average session length grew from 6 minutes and 22 seconds in 2016 to 7 minutes and 6 seconds in 2017. This is a significant advance, considering that the average session length never exceeded 6 minutes in 2014 or 2015. Additionally, the latest year-over-year session length growth equals an increase of 44 seconds (+12%) per session, which indicates higher in-game user engagement than in previous years. These statistics reveal that while more gamers open gaming apps less often, they often spend more time playing games during each session.
Size does Matter
In the gaming industry, one thing remains true : the bigger the screen, the greater the engagement.
When users play on-the-go, they take their medium-sized phone or phablet. However, if they are purposely dedicating time out of their day to mobile gaming, they are more likely to pick up their full-size tablet device, which explains average session lengths of over 10 minutes on full-size tablets.
With regard to the hours of the day that are most popular for on-the-go versus on-the-couch gaming, tablet gaming showed a steady peak in the morning. Most users carry their phone with them during the day, especially in the morning as they commute to school or work, so this is when many gamers play on-the-go. On the other hand, the use of tablets for couch gaming peaks in the evening, as more users log in from the comfort of their couch or bed. While gaming time on the phone still peaks in the evening, it’s important to consider that overall phone usage peaks at that time as well.
New users reflect increased revenue opportunities
As noted above, the reported shift in time spent on apps leads to more engaged attention spans at a time, which creates new monetization opportunities. Recently, SensorTower disclosed that the combined mobile gaming app store revenue on iOS and Android increased from $7.8 Bn in Q1 2016 to $11.9 Bn in Q1 2017. This equals a 53% year-over-year revenue growth. Besides different gameplay periods, users are becoming more comfortable spending money in apps, which is positively impacting mobile game revenue. SensorTower also found that download to revenue conversion on iOS has increased by 38% from January 2016 to January 2017. All of these observations lead to the conclusion that the mobile gaming industry still has high potential to drive revenue.
Mobile gaming beyond 2017 and tips for app developers
The gaming industry remains a very attractive category for app developers, especially as revenue conversions are growing. We’re seeing that longer session lengths are opening up new opportunities for innovative engagement and monetization tactics. For example, the peak usage hours on mobile devices are between 6 and 9 pm, which app developers can leverage to target specific users with acquisition or engagement campaigns.
Looking ahead, Flurry anticipates new technologies such as virtual reality and augmented reality to open a new chapter of mobile gaming and to enhance the in-app experience as a whole. And gamers are ready – they are already having longer game-plays on their favorite gaming apps than ever.
The complete report can be downloaded from here
Ather Energy, the smart electric two-wheeler start-up, have announced the new addition of Dr.Venkatesh Padmanabhan as the Chief Operating Officer and Thiruppathy Srinivasan (Thiru) as Vice-President of Vehicle Development. Fondly known as Venki, he will head supply chain, quality, manufacturing, and service delivery at Ather.
Dr.Venkatesh Padmanabhan said
For my 10 years in India, I have been wrestling with this singular question : Can we, will we create world beating consumer hardware products and brands from scratch? We are great in value engineering, local sourcing manufacturing and even at detail engineering of designs of others. But what about solving hairy consumer problems with our own design, and our own brand? When I met Tarun, Swapnil and their team at Ather, it was like a lightning bolt hit me. They surely have great brand, design and engineering mojo and are in early stages of building detail engineering and manufacturing capability. I thought I had value to add to this exciting quest and I signed up.
Thiruppathy Srinivasan (Thiru) said
Having worked around the world and in India, I am convinced of the great capability here to engineer innovative product concepts. Especially our young engineers with guidance from seniors from industry and academia have been developing exceptional product concepts, as seen with many IIT Madras incubated companies recently. Ather Energy is among the best of them and have assembled a great team producing a product design with no compromises.
Guiding the team in taking the design through development, along with supplier partners, into production and successfully into the market is an opportunity I am truly delighted to take up. In the past few months I have been with them, I have enjoyed the great level of openness, diligence, enthusiasm, and high sense of purpose of the team.
Tarun Mehta, CEO, Ather Energy said
Venki’s career has taken him to multiple countries and multiple automotive companies. He has a strong knowledge base of the operational requirements for an automotive company, specially two wheelers. His network and his experience in the industry is a valuable asset for a young company. Ather is a young company, building on a new platform with a nascent to often non-existent vendor ecosystem. Venki’s exposure to vendors and manufacturing processes in India will prove a strategic advantage as we close in on the production of the S340.
Thiru joins Ather with over 25 years of experience in product organisations and with a number of product launches under his belt. His knowledge of new product development and introduction will be a tremendous advantage for a startup like Ather. His exposure to the product vendor ecosystems in India, China as well as in countries like Singapore and the United States, gives us a strategic advantage in the prototyping cycle of the S340 and in our future products.
After 15 years at General Motors, in 2004 Dr. Padmanabhan joined Daimler Chrysler’s (DCX) Chrysler Division to support the integration of Lean Manufacturing in its diverse operations and later also worked at Mercedes Car Division. He was brought to India in 2007 as Managing Director of Chrysler’s first South East Asia Global Sourcing Centre in Chennai from where the company today sources close to USD 1 Billion every year in automotive parts.
About Dr.Venkatesh Padmanabhan
He joined Royal Enfield as Chief Operating Officer in 2008 and rose to the position of Chief Executive Officer in 2011. During this period, with two successful launches of the Classic and Thunderbird single cylinder UCE based motorcycles, the company saw a threefold increase in sales and twenty fold increase in profits. Royal Enfield now is a brand reborn and thriving in India and 45 other countries.
In 2013, Dr. Padmanabhan served as the MD & CEO of EICL [English Indian Clays Limited] to help recast a 75 year old $80M Kaolin Clay and Starch Producer into a modern innovation driven specialty chemicals company. He moved to Cyient in October 2015 to integrate its acquisition of Rangsons Electronics into extending the detail engineering offerings of its aerospace, defense, rail, medical and consumer business units into complete life cycle offerings.
About Thiruppathy Srinivasan
Thiru also serves as a Senior Advisor of Industry Relations at the Center for Industrial Consultancy & Sponsored Research, IIT Madras. In this role he advises Industry and IITM faculty on Technology and Capability development in Manufacturing towards global leadership.
Thiru started his career in 3M after completing his Masters in Mechanical Engineering from The Ohio State University, USA. Eventually, he moved to Iomega (now Lenovo) supporting their worldwide design centers and factories in sourcing components from Asia. In 2002, he joined Rexnord as its Director of Global Quality in the Bearing Products Division.
He moved back to India in 2003 to serve as the Director of Sourcing for Tyco Healthcare (now Medtronic) managing their Bangalore and Shanghai offices. After a stint at IMI International, he joined AO Smith as Director of Operations, India in 2008. Thiru played a key role in establishing their Green Field Manufacturing Operations in Bangalore. In 2012, he joined Ariv Technologies as their Managing Director and currently serves on their Board of Directors.
About Ather Energy
Ather Energy Pvt. Ltd. is an automobile design and manufacturing company founded in the year 2013 by IIT Madras graduates – Tarun Mehta and Swapnil Jain. Ather is committed to building smart, connected, uncompromising vehicles and seeks to re-imagine urban commute with the help of technology. The company has so far received funding from Hero MotoCorp, Tiger Global and Flipkart founders Sachin & Binny Bansal. The team of about 200+ employees is currently developing an electric two-wheeler, which will be completely designed and made In India. Ather is also setting up a charging network with its own smart charging pods. These fast charging pods will be set up initially across its three market cities – Bangalore, Chennai & Pune. For more information, please visit Ather Energy
Quikr has released an interesting & insightful report titled ‘Used mobile phone market in India’.
Some of the key highlights from the report are below:
The report throws light on the most preferred brands and the cities that are most active in used phone market. It also spots trends such as – 4G becoming popular, selfie phones not going out of fashion and increase in demand for high end phones.
