Wednesday, October 18, 2023

“Unveiling Data Driven Shopping Patterns From Logistics Lens”: Recent Study By Ecom Express & ISB


Key highlights: 

Emerging Tier 3 cities such as Port Blair, Salur, Kakching, Nagaur, Kondapi, Panchkula, and Berhampur are the upcoming growth hot spots for online shopping. 

Lucknow and Jaipur emerged as the top rankers with higher percentage of online shoppers  

Indian shoppers prefer CoD (Cash on Delivery) instead of pre-payment, a phenomenon that’s back after COVID trends. 

70% of items bought online are clothes, fashion accessories, skincare, and makeup products. 

Smaller locations are seeing high shopping buoyancy: Port Blair which is 1/220th in population to Delhi, is 1/20th of Delhi in terms of online shopping. 

Several towns are giving competition to major metros for select products: In Gurugram, Top wear is bought three times more as compared to other metros like Delhi, Kolkata, and Bengaluru.  

Ecom Express, a technology-driven end-to-end logistics solutions company, in collaboration with ISB Institute of Data Science, has conducted a comprehensive research to gain valuable insights into consumer shopping habits and preferences, and demand from different parts of the country. The survey unveils online shopping patterns across geographies in India. The survey further highlights product categories and the payment trends that are prevalent across these markets.  

Over 70% of items bought online are clothes, fashion accessories, skincare, and makeup products. This survey also highlighted trends in the volume of online shoppers across India. Metropolitan cities like Delhi, Bengaluru, and Mumbai are the biggest shoppers, followed by larger cities like Lucknow, Jaipur, and Srinagar. Notably, growth hotspots in cities like Kolhapur, Jammu, Azamgarh, and others are bringing in the largest volume of online orders across the country when compared with their population. This trend suggests that due to the scarcity of physical retail outlets, online shopping is breaking barriers by delivering products across the nation. 

The study further unveiled that Indians prefer to pay for their shopping once it reaches their doorstep as compared to prepaying for it at the time of ordering. Across India, Cash on Delivery (COD) / Pay on Delivery (POD) is four times more popular than Pre-Paid Delivery (PPD). 

Ashish Sikka, Chief Strategy Officer, Ecom Express, said, “This report represents a powerful collaboration between Ecom Express and ISB Institute of Data Sciences for industry relevant research. Combining the strengths of comprehensive and extensive research capabilities, this partnership has yielded exceptional results. The insights derived in this first report provide insights relevant for growth hotspots in the country and influence decisions at the back of consumer shopping behaviours and preferences.” 

Dipanjan Banerjee, Chief Business Officer, Ecom Express, said, “Through this report, we aim to present invaluable insights to equip our sellers with a profound understanding of the multifaceted world of Indian online consumers. This report signifies the strengths needed by online sellers and D2C brands to reach growing online consumers beyond typical metros as well as successful vectors such as CoD handling, data-sciences led consumer insights, and categories that are evolving across growing hotspots in the country to make impactful expansion plan by retailers and online sellers.” 

Avik Sarkar, Lead Researcher, ISB Institute of Data Science, said,“E-commerce is growing at an exponential rate, with a notable surge in demand from smaller cities in India. Combine this with the widespread penetration of the internet across our geography, and infuse this ecosystem with the convenience of digital payments, and the stage for unprecedented success in this sector is set.”

Atlassian’s New DevEx Platform, Compass, Aims To Boost Developer Experience


Atlassian Corporation (NASDAQ: TEAM), a leading provider of team collaboration and productivity software, has announced the general availability of Compass, its new developer experience platform, to empower engineering organizations to bring all of their teams and technology together and increase developer velocity. This platform will help developers to work autonomously, improve risk management & reliability and promote a healthy engineering culture. 

Launched in beta last year, Compass helps engineering teams of all sizes improve their developer experience with the following default capabilities: 

Unified software component catalog: Reduce time spent searching and untangle your technical architecture with an easy-to-setup, centralized catalog to track all of your services and relevant data—in one place. 

Health scorecards, DORA metrics, and more: Establish and track software delivery and team health metrics to identify points of friction for development teams and improve reliability for existing services. 

Software templates: Remove guesswork and automate consistency for developers creating new services with best practices, policies, cloud provisioning, and deployment pipelines baked right into customizable templates. 

Extensibility: Connect all of your favorite observability, CI/CD, testing, collaboration, and source code management tools to prevent context switching and see relevant data for all of the services you own. 

Taylor Pechacek, Head of Product, Compass at Atlassian said, “With increasing technical complexity building world-class engineering teams is not just a technology problem - it’s a collaboration problem. Over the past two decades, Atlassian has helped engineering teams work better together. Now, we are solving this growing challenge to unleash the potential of engineering teams within our 260,000+ customers and beyond. Since the beta launch of Compass, organizations, such as Dropbox, KFC UK&I, ExpressVPN, and Boden, have already turned to Compass to improve their developer experience.” 

Compass connects data from popular tools including Amazon Web Services, GitHub, Slack, LaunchDarkly, CircleCI, and Snyk. In addition, Compass is planning to add popular integrations such as DX, a developer insights platform which helps organizations measure developer experience. 

“Everyone has unique aspects about their own internal developer experience, which is why Atlassian’s open APIs allow you to customize as much as possible. We focus on the core offering – components, teams, templates, scorecards – and you craft an experience around that. We believe this brings the best of both worlds—a supported SaaS product with an open, extensible marketplace around it”, Pechacek added. 

Developers can further extend Compass using Forge, Atlassian’s cloud app development platform or use the Compass GraphQL API to connect any data or metric to their unified catalog. 

For further details on the announcement, visit the blog https://www.atlassian.com/blog/announcements/compass-GA.  

About Atlassian 

Atlassian unleashes the potential of every team. Our agile & DevOps, IT service management and work management software helps teams organize, discuss, and complete shared work. The majority of the Fortune 500 and over 260,000 companies of all sizes worldwide - including NASA, Kiva, Deutsche Bank, and Salesforce - rely on our solutions to help their teams work better together and deliver quality results on time. Learn more about our products, including Jira Software, Confluence, Jira Service Management, Trello, Bitbucket, and Jira Align at https://atlassian.com. 

Glenmark Pharma First To Launch A Triple-Drug FDC Of Teneligliptin + Dapagliflozin + Metformin For Type 2 Diabetes In Adults


* Zita® DM is the brand name for the first triple-drug FDC of Teneligliptin, Dapagliflozin, and Metformin in India.

-          Zita® DM helps improve glycemic control in adult patients with high HbA1c and/or other co-morbidities, those patients whose diabetes is uncontrolled by metformin; and also those who require the addition of Teneligliptin and Dapagliflozin as separate drugs, thereby improving adherence with a single dose pill. 

-          Priced at INR 14 per tablet (per day), it will lower the daily cost of therapy by 30%; making it affordable.

Glenmark Pharmaceuticals Limited (Glenmark Pharma), a research-led, global pharmaceutical company, has launched in India the first triple-drug fixed-dose combination (FDC) of the widely-used Teneligliptin with Dapagliflozin and Metformin. This FDC has been launched under the brand name Zita® DM, and it contains the DPP4 inhibitor, Teneligliptin (20mg), the SGLT2 inhibitor, Dapagliflozin, (10mg), and Metformin SR (500mg/1000mg) in a fixed dose. It must be taken once daily, under prescription, to improve glycemic control in patients with Type 2 diabetes.

On the occasion of the launch, Alok Malik, President & Business Head ? India Formulations, Glenmark Pharma stated, “India has the second-largest diabetic population in the world and Type 2 diabetic patients here often face issues of uncontrolled Hemoglobin A1C (HbA1C[i]), beta cell dysfunction, which impairs insulin secretion, along with other co-morbidities like weight gain. Diabetes management, hence, becomes difficult for these patients and a challenge for healthcare providers. Being a leader in treating diabetes, we are proud to introduce Zita® DM, a novel and affordable anti-diabetic drug, which helps improve the glycemic control among adult patients with high HbA1c and other co-morbidities; while also reducing major renal and cardiac adverse events. With this robust profile, we are positive Zita® DM will facilitate patient adherence to chronic diabetes treatments.”

Glenmark’s Zita® portfolio of medicines have been benefiting around 1.75 million Type 2 diabetic patients annually, in India. With the launch of Zita® DM, Zita® the most comprehensive gliptin range now holds promise of helping Type 2 diabetic patients at every stage of their treatment.

According to IQVIA™ sales data for the 12?month period ending August 2023 (MAT August 2023), the market for oral anti?diabetic drugs in India is estimated to be INR 12,522 crores, with an annual growth of 6.5% against the corresponding period last year (MAT August 2022). As per the ICMR-INDIAB study conducted between 17th October 2008 and 17th December 2020, the overall weighted prevalence of diabetes was 11.4%.

Glenmark’s Leadership in the Diabetes Segment

Glenmark has a strong legacy of bringing in new, effective, and affordable treatment options for diabetic patients, especially with uncontrolled Type 2 diabetes. In 2015, Glenmark was the first to launch the DPP4 inhibitor, Teneligliptin (Zita Plus® and Ziten®), followed by a FDC of Teneligliptin + Metformin (Zita-Met Plus® and Ziten-M®). Glenmark later introduced Remogliflozin (Remo® and Remozen™), a novel SGLT-2 inhibitor in 2019; and subsequently, its combinations (Remo-V®, Remozen™-V, Remo MV®, and Remozen™ MV). Glenmark followed that up with the launch of Sitagliptin (Sitazit®) and its FDCs in 2022. Then came Lobeglitazone (LOBG®) and additional FDCs of Teneligliptin, including its combinations with Pioglitazone (Zita Pio™), Pioglitazone + Metformin (Zita®-PioMet), and Dapagliflozin (Zita-D™).

About Glenmark Pharmaceuticals Ltd

Glenmark Pharmaceuticals Limited (BSE: 532296 | NSE: GLENMARK) is a research?led, global pharmaceutical company, having a presence across Branded, Generics, and OTC segments; with a focus on therapeutic areas of respiratory, dermatology and oncology. The company has 10 world-class manufacturing facilities spread across 4 continents, and operations in over 80 countries. In Vivo/Scrip 100 positions Glenmark amongst the Top 100 Companies Ranked by R&D and Pharmaceutical Sales, 2021; while Generics Bulletin/In Vivo places it in the Top 50 Generics and Biosimilars Companies Ranked by Sales, 2021. The company has also been Great Place To Work® Certified™ in India for FY 2023. Glenmark’s Green House Gas (GHG) emission reduction targets have been approved in 2023 by the Science Based Target initiative (SBTi), making it only the second pharmaceutical company in India to achieve this. The organization has impacted over 2.9 million lives over the last decade through its CSR interventions. For more information, visit www.glenmarkpharma.com. You can follow us on LinkedIn (Glenmark Pharmaceuticals) and Instagram (glenmark_pharma).

Wrangler® Expands Retail Footprint In India With First Flagship Store In Indiranagar, Bengaluru


Iconic denim and lifestyle brand Wrangler® today announced the opening of its first flagship store in India. Situated in Bengaluru’s bustling high street of Indiranagar, the store is a significant milestone for Wrangler®’s expansion in India. With this store, Wrangler® continues to elevate consumer experience through technology innovation, customized shopper experiences and a wide product assortment for the Indian consumers.

Spread across 4,500 sq. ft, this is the largest store of Wrangler® in India. The Wrangler® Indiranagar store retails the popular denims, T-shirts, jackets and sweatshirts. The store also offers the newest range of fits for both men and women in line with the latest trends, and premium collections and collaborations. This includes the special Wrangler x Smriti Mandhana that features handpicked pieces that stick with consumers through thick and thin, symbolizing resilience and growth through the Ride of Life!

At the heart of the store is India’s first ever Augmented Reality (AR) mural by a fashion brand in India. It’s a celebration of Wrangler®’s rich heritage and innovative spirit, an experience that leaves consumers not just admiring the collection but living it. 

By baking legacy into the very fabric of product storytelling, vibrant art installations, and customer experiences, the store brings Wrangler®’s brand story to life. The canvas chosen accentuates the disruptive artistry at the heart of denim and biking heritage.

ace turtle is the exclusive licensee of Wrangler® in India. Commenting on the launch, Nitin Chhabra, CEO, ace turtle said, “We are excited to launch Wrangler®’s first flagship store in Bengaluru.  It will allow us to engage with Wrangler®’s consumers who are looking to create a style statement and connect with one of the most-loved apparel brands in the world. With consumer behaviour changing in an ever-evolving retail landscape, we continue to prioritise providing our iconic products and an impactful brand experience to our growing base of young, sophisticated consumers in India. At ace turtle, we have been able to leverage our extensive omnichannel commerce expertise and unique technology-driven operating model to scale Wrangler®’s business in India significantly. We aim to expand Wrangler®’s retail footprint and reach across the country and take the brand to millions of Indian consumers via the webstore and the chain of offline retail stores being set up across the country.” 

The omnichannel-enabled retail store provides consumers with a unified and superior shopping experience across online and offline channels and touchpoints. There are Electronic Shelf Labels for omnichannel experience for real-time in-store display and price parity across offline and online stores. The Smart Fitting Rooms will provide innovative experiences to shoppers by engaging & delighting with personalized recommendations and effortless product discovery. The store also has Digital Screens to update consumers about the entire gamut of offerings from Wrangler® in real time.

In 2021, ace turtle entered into an agreement with Kontoor Brands to become its long-term licensee for India and other South Asian markets. This paved the way for ace turtle to retail Wrangler® products directly to consumers via its branded webstore www.wrangler.in, online marketplaces and 54 physical retail stores across India. ace turtle manages the entire business of Wrangler® in India end-to-end comprising design, local manufacturing, retailing and marketing.

Allen Career Institute Strengthens Regional Footprint; Expands To Bihar And Uttar Pradesh


Allen Career Institute Private Limited, India's pioneering education company, is excited to announce its expansion into Patna and Lucknow. This significant move underscores Allen's commitment to empowering the dreams and aspirations of thousands of students across Bihar and Uttar Pradesh who aspire to secure admissions in India's most prestigious engineering and medical colleges.

With the addition of Patna and Lucknow, Allen Career Institute now operates in an impressive 55 cities, spanning 24 states and 4 union territories. This expansion marks another milestone in Allen's journey to provide high-quality educational resources and guidance to students across the nation. Admissions for the 2024-25 batch are now open, with classes scheduled to begin in January.

Rajesh Maheshwari, Director, Allen, said, “Our motto, 'Sanskar se safalta tak,' is more than a motto—it's a solemn promise to the families we serve. We're committed to nurturing not just skilled professionals but also responsible citizens. With a 35-year legacy of excellence, we embark on a new journey in Patna and Lucknow, resolute in winning the hearts and minds of our students and their families in these vibrant cities.”

Allen Career Institute has always been at the forefront of delivering world-class education and creating a nurturing learning environment for aspiring students. This latest expansion is a testament to the organization's unwavering dedication to ensuring that students in Bihar and Uttar Pradesh have access to the finest educational resources available.

Speaking on this expansion, Nitin Kukreja, CEO, Allen, said, "We are delighted to bring Allen's world-class education to the bright minds of Patna and Lucknow. Our goal is to ensure that every student, regardless of their location, has the opportunity to receive top-tier coaching and support to help them achieve their dreams of success in prestigious engineering and medical colleges. Our technology-enabled engagement will play a pivotal role in ensuring seamless access to our resources and educational guidance."

To cater to the diverse needs of students, Allen Career Institute is taking an innovative step by deepening its technology-enabled engagement. This approach aims to provide students with a holistic and comprehensive learning experience, regardless of their location. Students who are unable to visit the centers will have access to cutting-edge technology for completing home assignments, participating in regular doubt-resolution sessions, and utilizing a wide range of resources to ensure continuous and efficient learning.

This expansion into Patna and Lucknow is aligned with Allen Career Institute's mission to facilitate excellence in education and foster a culture of learning and growth among the youth of India. The Institute's commitment to enabling students to reach their full potential remains unwavering as it continues to expand its footprint across the country.

About Allen Career Institute:

Founded by Rajesh Maheshwari in 1988, Allen Career Institute is India’s pioneering, leading and most respected test-prep brand that has had a transformational impact on over 28 lakh young lives since its inception. Allen has a Pan-India base with more than 200 classroom centers in 55 cities, a team of highly dedicated and renowned faculty members, and a pedagogy that has been perfected over three decades. The institute offers a range of programs, including classroom coaching, live classes, distance learning, online tests, and study material, tailored to the needs of students at different levels. Allen has helped thousands of students realize their dreams of cracking prestigious exams such as NEET, AIIMS, JEE Main, and JEE Advanced.

Ultra Media & Joju George's Multilingual Film "Antony" Grand Teaser Launch With Superstar Vijay's "Leo" On Oct 19


* The Teaser Provides a Sneak Peek into a Heartwarming Tale of Unconventional Relationships.

* With this Pan Indian Film, Ultra Media Group forays into South Indian Films Production

Ultra Media & Joju George's Multilingual Film "Antony" grand teaser launch with Superstar Vijay's "Leo" on 19th October. The Teaser Provides a Sneak Peek into a Heartwarming Tale of Unconventional Relationships. With this Pan Indian Film, Ultra Media Group forays into South Indian Films Production

Antony is a highly anticipated film & previously the first look Poster of the film garnered immense appreciation from film buffs and critics alike. Directed by highly acclaimed Film Director & script writer Joshiy ,the film stars versatile award-winning actor Joju George. He will be supported by Kalyani Priyadarshan, Chemba Vinod Jose & Nyla Usha in lead roles. A grand teaser of the film will release on October 19th & the film will be releasing in theatres all over India on 23rd November in Malayalam, Hindi, Tamil & Telugu languages.

Antony is a heart stirring tale of unfamiliar relationships. It promises to take the audience on an emotional journey that transcends the boundaries of blood relations. It will captivate them & leave them yearning for more.

The plotline of the film is unique with a compelling narrative. It’s a story about Antony & his friend who are living in a peaceful countryside. The story takes an unusual turn after Antony commits a murder. As the film progresses, throughout their journey, they come across various characters that highlights the power of emotional bonds. The film has a sentimental resonance & explores how certain relationships becomes more closer to our heart than our blood connections

The International Sales enquiries for “Antony” is currently opened up in the ongoing Mipcom 2023 by Ultra & has amassed a great response. After Antony Ultra has 2 more South Indian films in different languages which will have its theatrical release in the next quarter. The Company is in discussion with various South Indian film makers & producers across all languages for multiple projects. In the past Ultra has produced more than 40 films in various Indian languages.

Antony has mesmerizing cinematography by Renadive & a soul-stirring music by Jakes Bejoy. It also boasts of a talented crew. including editor Shyam Sasidharan and creative contributor RJ Shaan among others.

Mr Rajat Agrawal,Director,Ultra Media & Entertainment Group added” .We are very excited to be a part of this dream project. Our existing Content stable has a huge library of South Indian films in various languages, which we have acquired since the past 40 years & have been syndicating globally. Antony marks our venture into the thriving South film Industry. Going ahead we have major plans to increase our footprint in the South Indian film Industry.”

'Antony' is Produced by Einstin Zac Paul & Einstin Media & Co Produced by Ultra Media Group in association with Nextel Studios

A Cultural Extravaganza You Don't Want To Miss In Bengaluru


As the festive season approaches, it's time to mark your calendars for a spectacular event at EcoWorld that promises artistic flair, live music, culinary delights, and so much more. Sunday Soul Sante's Diwali Edition, set to take place. Explore over 250 exhibits selling handcrafted items from all around India. Discover one-of-a-kind goods from Mumbai, Pune, Ahmedabad, Kolkata, Chennai, Kochi, and Kozhikode. Best Kept Secret, an award-winning Pop/Rock band will serenade you with a new Bollywood set. Later, Bryden - Parth, will bring a unique collaboration between Western and Indian Classical musicians, promising a cross-genre musical journey.

Where: EcoWorld, Bangalore When: 22 October 2023, 10:00 am onwards Cost Rs. 350. Details.

How to get there: https://maps.app.goo.gl/mDn3MmEiCQPX2ozs8 

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