NXP, a Dutch design and semiconductor manufacturing business, plans to increase its research and development (R&D) expenditures in Bengaluru. Over the following five years, the corporation intends to invest a sizeable amount of INR 8,400 crores, or almost $1 billion, in the state.
The news was made while Karnataka’s minister of large and medium-sized industries, MB Patil, was on a roadshow in the Netherlands to solicit investments for the state in advance of Invest Karnataka 2025, the state’s premier event.
Karnataka a Preferred Destination for International R&D Centres
In a discussion with the company’s executive director, Maurice Geraets, Patil highlighted Karnataka’s critical role in developing worldwide R&D capabilities. “Maurice Geraets, executive director of NXP, the third-largest semiconductor manufacturing and design business in Europe, and I had a productive meeting. Maurice revealed that over the next five years, our state will receive a sizable amount of NXP’s $1 billion R&D investment,” Patil wrote on X.
There were also interactions with other international players during the roadshow. The Bengaluru Innovation Campus, which recently received an investment of INR 445 crore (€50 million), was the focus of the minister’s discussion with senior executives of Phillips.
Inviting Phillips to Establish a Manufacturing Unit in Karnataka
Philips should set up a manufacturing plant in Karnataka, Patil urged. While the state encouraged Signify, formerly Philips Lighting, to invest in Karnataka under the China plus one plan, the company showcased its projects in the state.
According to a statement from the department, Heineken, a multinational beer and cider corporation, talked about policy changes meant to increase its manufacturing investments in Karnataka. Minister Patil emphasised that the purpose of the roadshow was to establish Karnataka as a top location for foreign investors by showcasing the state’s worldwide attractiveness in industries like advanced manufacturing, renewable energy, and semiconductors.
China-Plus-One Strategy
A strategy known as “China-Plus-One,” or simply “Plus One,” involves corporations diversifying their operations to other countries rather than solely investing in China.Western businesses have made significant investments in China over the past three decades, drawn by the country’s low labour and manufacturing costs as well as the enormous and expanding local consumer market.
A blueprint for creating long-term, robust, collective supply networks was released in July 2022 by a consortium of 18 economies, including the US, India, and the EU. Steps to address supply chain vulnerabilities and dependencies were also included in the roadmap. One could consider this to be a component of the broader China-plus-one plan.
As early as 2008, U.S. and Japanese officials and businesses were considering diversifying away from China. But China-plus-one only became popular as a different approach for MNCs at the close of the past decade, when trade tensions between the US and China were at their highest. The main causes include the recent decline in China’s cost advantage and the escalating geopolitical mistrust between China and the West.
Niva Bupa Health Insurance is one of India’s leading standalone health insurers, recognized for its innovative offerings and rapid growth.
With a robust market share of 17% as of FY24 and coverage extended to over 14 million lives, the company has established itself as a significant player in the Indian SAHI (Standalone Health Insurance) segment. Its impressive revenue growth reflects its strong operational and strategic momentum.
The company has set ambitious goals, including expanding to 600 cities, increasing its hospital network to over 10,000, and covering 10 million people by the end of FY24.
Additionally, its upcoming IPO is poised to strengthen its financial position and drive further growth.
In this Startup Talky article, we will explore Niva Bupa’s journey, strategic plans, financial performance, and the challenges it faces in the competitive health insurance landscape.
Niva Bupa Health Insurance Company – Company Highlights
Name
Niva Bupa
Headquarters
New Delhi, India
Sector
Insurance
Founder
Maninder Singh Juneja David Fletcher Chandrashekhar Bhaskar Bhave
Meet Niva Bupa Health Insurance Company Limited, a trusted name in health insurance since 2008. Headquartered in New Delhi, India, Niva Bupa offers a diverse range of health insurance plans tailored to suit every unique need.
A Legacy of Excellence
Originally launched as Max Bupa Health Insurance Company Limited, Niva Bupa is the result of a strategic joint venture. It combines the expertise of Fettle Tone LLP, an Indian private equity firm affiliated with True North Fund VI LLP, and Bupa Singapore Holdings Pte. Limited, is a global leader in healthcare services. Together, they’ve created a brand committed to safeguarding your health and well-being.
Pioneering Milestones in Health Insurance
Trailblazers in Innovation: In 2011, Niva Bupa became the first health insurer in India to integrate with the Insurance Regulatory and Development Authority’s (IRDAI) Integrated Grievance Management System in real-time. This proactive approach ensures seamless resolution of customer concerns.
Smart Insurance On-the-Go: In 2019, Niva Bupa revolutionized the insurance industry with the launch of AnyTimeHealth (ATH) machines, enabling customers to purchase health insurance within seconds – no hassles, just health security!
Regulated and Reliable
Under the supervision of IRDAI, Niva Bupa continues to set benchmarks in transparency and customer satisfaction.
Record-Breaking Growth in FY25: India’s life insurance sector saw a 22.91% YoY growth in first-year premiums during Q1 FY25, reaching INR 89,726.7crore (US$ 10.75 billion), up from INR 73,004.87 crore (US$ 8.75 billion) in Q1 FY24, highlighting increased trust and demand.
Attracting Global Investment: India’s insurance sector attracted INR 54,000 crore (US$ 6.5 billion) in FDI over the past nine years, driven by progressive FDI regulations and an investor-friendly environment.
LIC of India’s Historic IPO: The LIC IPO in 2022 became India’s largest IPO and the sixth-largest globally, marking a pivotal moment in India’s financial history and boosting confidence in the insurance sector.
A Flourishing Future: The Indian insurance market is projected to reach US$ 222 billion by 2026, fueled by rising awareness, innovation and digital adoption in insurance services.
Empowering Indian Farmers: Under the Ayushman Bharat PMJAY initiative, 56.8 crore farmer applications were enrolled, with 23.2 crore farmers receiving claims, safeguarding the rural economy.
Niva Bupa Health Insurance Company – Founders and Team
Krishnan Ramachandran (Managing Director and CEO)
Krishnan Ramachandran (Managing Director and CEO)
Krishnan Ramachandran, with over 25 years of expertise in healthcare and financial services, is a visionary leader dedicated to transforming lives through innovative strategies and inclusive solutions. As the former CEO of Apollo Munich Health Insurance and now a key figure at Niva Bupa, he leverages technology to enhance healthcare accessibility, affordability and quality, striving to make healthcare insurance a reality for all.
His expertise extends to wealth management, having advised High Net Worth Families globally, providing tailored strategies to preserve and grow wealth. A seasoned professional in strategic sales, mergers and acquisitions, capital markets and international taxation, Krishnan combines deep industry knowledge with operational excellence. An alumnus of BITS Pilani and IIM Calcutta, his leadership continues to shape the future of healthcare and financial services with a focus on equitable and impactful solutions.
Maninder Singh Juneja (Board member and Director)
Maninder Singh Juneja (Board member and Director)
Maninder Singh Juneja brings over three decades of extensive experience, with 26 years dedicated to the financial services sector. As a board member and director at Niva Bupa, he plays a pivotal role in steering the company’s strategic direction. Previously, Juneja served as Senior General Manager and India Head for Retail Banking at ICICI Bank, overseeing strategy, product development, branch banking and distribution channels. Additionally, he held the position of Vice-Chairman at ICICI Home Finance Company Limited and served on the boards of prominent institutions like CIBIL, NPCI, IARC and ICICI Merchant Service Ltd.
In 2016, he joined True North, focusing on managing and transforming businesses within the financial services sector. Juneja holds a Bachelor’s degree in Civil Engineering from MS University and a Post Graduate Diploma in Management from IIM Lucknow, credentials that underscore his expertise in blending technical acumen with business strategy.
David Fletcher (Chief Risk Officer)
David Fletcher (Chief Risk Officer)
David Martin Fletcher has been serving as Chief Risk Officer for Bupa since January 2017, bringing a wealth of global financial services expertise to the role. He joined Bupa in 2014 and previously held key positions as Chief Internal Auditor and Managing Director of Bupa International Development Markets. Fletcher’s international career spans senior roles with Standard Chartered and Citibank across Nigeria, China, Hong Kong, Singapore, Bangladesh, Indonesia and London. He also served as President Director of Bank Permata in Indonesia and Group Head of Internal Audit at Standard Chartered. Fletcher holds a bachelor’s degree in modern history from Durham University, UK and is a member of Bupa’s Chief Executive Committee, as well as Vice Chairman and Director of Bupa Arabia for Cooperative Insurance Company.
Chandrashekhar Bhave (Chairman and Independent Director)
Chandrashekhar Bhave (Chairman and Independent Director)
Chandrashekhar Bhave is an experienced professional with a background in public service and securities regulation. He has held key positions at Black Box Limited, CMC Limited, Tejas Networks Limited, Saankhya Labs, NSDL Database Management, Protean Egov Technologies, and Tata Consulting Engineers.
Currently, he serves as a director at Avenue Supermarts, Mahindra & Mahindra Financial Services, Niva Bupa Health Insurance, Vistaar Financial Services and the Indian Institute for Human Settlements.
An alumnus of Jabalpur Engineering College, Mr. Bhave’s notable roles include Senior Executive Director at SEBI (1992-1996), Chairman and Managing Director of NSDL (1996-2008), and Chairman of SEBI (2008-2011). He was also a trustee of the IFRS Foundation and chaired the Asia-Pacific Regional Committee of the International Organization of Securities Commissions.
Niva Bupa Health Insurance Company – Startup Story
Niva Bupa Health Insurance, founded in 2008 as a joint venture between Max India and Bupa, launched operations in 2010 with a vision to redefine health insurance in India. Demonstrating its focus on innovation, it became the first health insurer in the country to integrate with the Insurance Regulatory and Development Authority’s Integrated Grievance Management System in 2011, offering efficient, real-time grievance resolution. In 2019, the company introduced AnyTimeHealth (ATH) machines, enabling instant health insurance purchases, further enhancing customer convenience. That same year, Fettle Tone LLP, an affiliate of True North, acquired a 51% stake from Max India, paving the way for a new era. Rebranded from Max Bupa Health Insurance Company Limited to Niva Bupa, the organization remains committed to delivering accessible, affordable and innovative health insurance solutions.
Bupa, originally the British United Provident Association, was established in 1947 through the union of 17 British provident associations to provide healthcare for the public. As a private company limited by guarantee, Bupa reinvests all profits back into the business, ensuring sustainable growth and continued commitment to its mission.
Niva Bupa Health Insurance Company – Mission and Vision
Mission
Niva Bupa is dedicated to empowering Indians with the confidence to access the best healthcare by providing them with the knowledge, expertise, and services they need. By ensuring informed decisions and seamless healthcare solutions, the company aims to make quality healthcare accessible, reassuring customers that their health and well-being are in trusted hands.
Vision
Niva Bupa aspires to become India’s most admired health insurance company by prioritizing the health and security of its customers. Through innovative offerings, personalized support, and a steadfast commitment to building long-term relationships, the company seeks to set a benchmark in health insurance, earning the trust and admiration of millions across the country.
Niva Bupa Health Insurance Company – Name, Tagline and Logo
Niva Bupa Health Insurance Company Logo
With a tagline that inspires, “Zindagi ko claim kar le” (Claim your life), Niva Bupa Health Insurance empowers individuals to take control of their health and well-being with confidence. The brand’s identity is encapsulated in its distinctive HEARTBEAT logo, a registered service mark of The British United Provident Association Limited, symbolizing care, vitality, and a commitment to safeguarding lives. Niva Bupa continues to champion innovative health insurance solutions, ensuring every heartbeat is protected.
Niva Bupa Health Insurance Company – Business Model
Customer-Centric Health Insurance Solutions
Niva Bupa Health Insurance operates on a robust and customer-focused business model, catering to the diverse healthcare needs of families, individuals, and senior citizens. Trusted by over one crore satisfied customers, the company partners with more than 10,000 network hospitals across India, enabling cashless claim processing in under 30 minutes. With health insurance plans starting at just INR 20 per day, Niva Bupa ensures affordability and accessibility for all. Their offerings are complemented by innovative services like the 24×7 Insta Assist and a feature-rich Health App, delivering seamless support and wellness resources to their policyholders.
Niva Bupa Health Insurance Company – Revenue Model
Comprehensive Range of Health Insurance Plans
Niva Bupa offers a wide array of health insurance solutions tailored to various life stages and requirements. These include Individual Health Insurance Plans, Family Health Insurance Plans, Critical Illness Insurance Plans, Personal Accident Insurance Plans, Mediclaim Policies and Travel Insurance. Each product is designed to address specific health and financial protection needs, ensuring coverage for routine healthcare, emergencies, and even unforeseen events like accidents or critical illnesses. This comprehensive approach positions Niva Bupa as a reliable partner in safeguarding the health and well-being of millions across the country.
Niva Bupa Health Insurance Company – Challenges Faced
Niva Bupa Health Insurance faces several challenges in a dynamic and highly competitive industry. Regulatory risks are a constant factor, as government policies and regulatory changes can impact the company’s operations and long-term strategies. The competitive landscape of India’s insurance sector demands continuous innovation and the introduction of value-added services to differentiate itself and retain market share. Additionally, efficient claim management is crucial to handle its growing customer base, as delays or inefficiencies can affect both profitability and customer satisfaction.
Economic slowdowns pose another challenge, particularly in driving demand for health insurance products among lower-income groups, where affordability becomes a critical issue. Niva Bupa’s claim settlement ratio of 91% in FY24, which was below the industry average of 96%, indicates room for improvement in addressing customer needs. Moreover, the company’s high expense ratio, averaging 43% from FY22 to FY24, is among the highest in the industry, potentially affecting profitability. Lastly, Niva Bupa’s relatively smaller hospital and agency network, compared to competitors like ICICI Lombard, HDFC Ergo and New India Assurance, limits its accessibility and reach, highlighting the need for further expansion in this area.
Niva Bupa Health Insurance Company – Funding and Investors
Niva Bupa has raised a total of INR 890 crores across three funding rounds. They are as follows:
Date
Transaction Name
Money Raised
Investors
Oct 12, 2023
Private Equity Round
INR 800 cr
–
March 15, 2021
Corporate Round
INR 9 cr
Axis Bank
Jan 1, 2019
Private Equity Round
–
–
Niva Bupa Health Insurance Company – Growth
The following table summarizes the financial performance, showing how the company’s revenues, expenses, and profits/losses evolved over the three years.
Financials
FY22
FY23
FY24
Operating Revenue
INR 1,877.35 cr
INR 2,853.07 cr
INR 4,115 cr
Total Expenses
INR 2,355.22 cr
INR 3,214.78 cr
INR 4,254.41 cr
Profit/Loss
Loss of INR 196.53 cr
Profit of INR 12.54 cr
Profit of INR 81.85 cr
Niva Bupa Health Insurance Company Financials
Niva Bupa Health Insurance Company – Advertisements and Social Media Campaigns
Max Bupa Unveils Rebranded Identity with New Campaign
“Zindagi Ko Claim Kar Le” Campaign
Max Bupa, now rebranded as Niva Bupa, has launched its first campaign under its new identity titled “Zindagi Ko Claim Kar Le” (Claim Life), emphasizing its refreshed business philosophy and commitment to humanizing health insurance. The campaign introduces the concept of ‘one family, one health insurance’, highlighting Niva Bupa’s flagship product, Heartbeat Family First, which uniquely offers coverage for up to five generations under a single policy—a first in India.
Sevantika Bhandari, Director of Marketing at Niva Bupa, explained, “Our new campaign is based on the insight that families’ health is a key priority for people across India. We want to tell our customers that with Niva Bupa, it is possible to have one health insurance for the entire family.”
Conceptualized by Glue Creatives, the campaign underscores the brand’s focus on providing comprehensive, family-centric solutions and aligns with its mission to make health insurance more inclusive and accessible. Delivered through a 360-degree marketing approach, it spans traditional platforms such as TV, print, and radio, while also leveraging digital channels to connect with modern audiences.
This campaign not only marks Niva Bupa’s rebranding journey but also reinforces its position as a trusted name in the health insurance sector, committed to safeguarding the health of Indian families with innovative and inclusive offerings.
‘Ye to Mujhe Bhi Chahiye’ campaign
‘Ye to Mujhe Bhi Chahiye’ campaign
Niva Bupa Health Insurance launched an innovative campaign titled ‘Ye to Mujhe Bhi Chahiye’, designed to engage both current and prospective policyholders. The campaign tackled a significant challenge many face when considering health insurance—the concern over unclaimed premiums going to waste.
To address this, Niva Bupa introduced its ‘Reassured 2.0’ plan, which offers a game-changing feature: the option to carry forward unused premiums. This means that if policyholders don’t make any claims, they can still utilize their premiums in future policy years, ensuring that their money doesn’t go to waste.
The campaign featured three creative ad films, each focusing on how the ‘carry forward’ benefit works, making it clear that health insurance with Niva Bupa offers more value and flexibility for customers. By highlighting this unique feature, Niva Bupa aimed to change the way people perceive health insurance, promoting it as a long-term, beneficial investment.
Niva Bupa Health Insurance Company – Awards and Achievements
Best Standalone Health Insurer: Won at the Mint BFSI Summit and Awards in 2023.
Healthcare Insurance Company of the Year: Awarded by the Internet and Mobile Association of India (IAMAI).
Great Place to Work Certification: Achieved for the fourth consecutive year in 2023.
Top 25 India’s Best Workplaces in BFSI: Recognized in 2024.
CX Strategy of the Year: Awarded at the 14th edition of the CX Strategy Summit & Awards in 2023.
ESG 2023: Won the Golden Peacock Award for excellence in Environmental, Social and Governance practices.
Swift & Prompt Insurer: Recognized at the Annual Insurance Summit & Awards.
The Economic Times Best Brands 2019: Awarded by The Economic Times and Nielsen.
Product of the Year: For GoActive Health Insurance Plan (Awarded by Nielsen in 2018).
Golden Peacock Award 2015: For Heartbeat Health Insurance Plan.
IT Management Best Practices: Awarded at the Celent Model Insurer Asia Awards in 2016.
Best Product Innovation Award: Awarded for innovation in insurance products.
Niva Bupa Health Insurance Company – Competitors
Niva Bupa faces strong competition from several industry leaders and emerging players such as Insurance Padosi and Bridge Health. The list goes on:
Star Health and Allied Insurance
Care Health Insurance
SEB
Apollo Munich Health Insurance
Max Bupa Insurance
Mom’s Belief Care
Niva Bupa Health Insurance Company – Future Plans
Regional Expansion:
Niva Bupa is on track to expand its presence across 600 cities by the end of FY 23-24, enhancing accessibility to its health insurance services.
Hospital Network Growth:
The company plans to increase its hospital network from 7,600 to 10,000 by the end of FY 23-24, offering customers a wider choice of cashless medical facilities.
Bancassurance Partnerships:
Niva Bupa is set to increase its bancassurance partnerships to 15, aiming to lead the sector with the highest number of partnerships.
Coverage Expansion:
The insurer targets covering 10 million lives by the close of FY 23-24, solidifying its position as a leading player in the health insurance space.
Gross Written Premium (GWP):
Niva Bupa is aiming for a GWP milestone of INR 5,000 crore by the end of FY 23-24, reflecting its strong growth trajectory.
IPO Plans:
To capitalize on India’s growing health insurance market, Niva Bupa plans to raise ₹2,200 crore through its IPO.
₹800 crore will come from a fresh issue of shares to augment its capital base.
₹1,400 crore will be raised via an offer for sale by promoters.
Bupa Singapore Holdings’ stake will decrease from 62.2% to 56%.
True North, a private equity firm, will reduce its stake from 26.8% to 17.5%.
These initiatives highlight Niva Bupa’s commitment to scaling its operations and reinforcing its market presence.
FAQ
Who is Niva Bupa owned by?
Niva Bupa Health Insurance Company Ltd. (formerly known as Max Bupa Health Insurance Company Limited) is a joint venture between the Bupa Group and Fettle Tone LLP.
When was Niva Bupa founded?
Niva Bupa was founded in 2008, making it 16 years old as of 2024.
Who is the CEO of Niva Bupa Health Insurance Company?
The CEO of Niva Bupa Health Insurance Company is Krishnan Ramachandran.
The acquisition of Argoid AI, a business that specialises in artificial intelligence-driven recommendation engines and programming automation for over-the-top (OTT) platforms, has been announced by Amagi, a Bengaluru-based supplier of cloud-based SaaS technology for broadcast and connected TV (CTV). It is anticipated that this action will improve Amagi’s AI capabilities, which is consistent with its goal of providing media firms with tools for intelligent content development, distribution, and monetisation.
The content recommendations and real-time programming selections made possible by Argoid AI’s solutions help to boost audience engagement and streamline streaming platform operations. Amagi intends to enhance its product line, which includes Amagi NOW and Cloudport, by incorporating this technology to provide more individualised and effective content scheduling options.
The CEO and co-founder of Amagi, Baskar Subramanian, emphasised the significance of AI in changing the media and entertainment industry. In recent years, Amagi has made investments in AI and ML. According to him, the company is a firm believer in the revolutionary role that AI and ML will play in revolutionising the media and entertainment sector by generating increased revenue, improved efficiency, and an unparalleled viewing experience.
With this acquisition, Amagi will include Argoid’s AI components into its cloud offerings, greatly increasing value for its clients, he continued. The two businesses’ combined technological know-how will tackle important streaming industry issues like intelligent programming, viewer retention, and content discoverability.
Argoid AI’s Founders to Join Amagi’s Team
Gokul Muralidharan, Soundararajan Velu, and Chackaravarthy E, the founders of Argoid AI, will become part of the Amagi team and contribute their experience to the company’s continued development of AI-driven breakthroughs.
“This partnership allows Argoid AI to scale its AI-driven solutions, delivering even greater customer value,” said Muralidharan, who was excited about the collaboration. He believed that by working together, the company would completely transform the way that content is created and shared in the digital age.
With the acquisition of Argoid AI, Amagi has taken the next step in using AI to meet the increasing demand for platforms that support Free Ad-Supported Streaming TV (FAST). With a solid clientele that includes DAZN, NBCUniversal, Lionsgate Studio, and A+E Networks UK, the company hopes to strengthen its place in the media-tech industry.
This acquisition comes after Amagi made a number of calculated steps to bolster its product line. The business purchased Tellyo, a UK-based platform for social sharing and real-time live cloud production, in November 2023. It acquired the US-based data platform for video providers, Streamwise, in 2022. Amagi’s objective of strengthening its analytics and remote manufacturing capabilities was in line with both acquisitions.
Amagi Continues To Scale up its Revenue
Amagi has had strong development, as evidenced by its operational revenue, which increased from INR 680 crore in FY23 to INR 879.15 crore in FY24. Even though the company’s losses in FY24 decreased by 23.7% to INR 245 crore, it is still committed to growing internationally.
Amagi’s biggest market is still the US, which accounted for 67.3% of company sales in the most recent fiscal year. With sales rising by 31.1% to INR 115.5 crore, the UK contributed 13.1%. But fewer than 1% of its overall revenue came from India, which represents a 54.3% year-over-year drop to INR 8 crore. A significant rise of 78.9% was seen in other regions, which contributed INR 164.1 crore.
Funding rounds, such as a $100 million investment in November 2023 that valued the company at $1.4 billion, have supported Amagi’s financial growth. With a valuation of more than $1 billion, it was also recognised as a media-tech unicorn by earlier funding attempts in 2022.
Nazara Technologies, a publicly traded gaming company, said that it has paid $500K (about INR 4.17 Cr) to acquire an 8.5% share in the Web3 gaming platform Circle of Games (COG). According to a separate announcement from Circle of Games, the investment was a part of a bigger funding round worth $1 million (about INR 8.3 crore), in which Swiss non-profit The Hashgraph Association also participated. Nazara said in a regulatory filing with the bourses on April 17 that its business in Dubai had purchased 1,273 class A1 preferred shares of Circle of Games’ parent company, COG Holdings Global Ltd.
As part of the agreement, Nazara Dubai will also be granted 891 more “advisory shares” in the business. The listed gaming giant will own 8.5% of the Web3 gaming company overall. According to Nazara, the cash-only agreement would be carried out in one or more installments.
Collaboration will Provide Win-Win Situation for Both the Firm
According to the firm run by Nitish Mittersain, the acquisition of the stake will enable it to increase its footprint in the Web3 and blockchain gaming markets. The agreement will also enable the two businesses to take advantage of team and technology synergies. According to a statement from Circle of Games, the $1 million will be used to develop platform capabilities, expedite its go-to-market (GTM) strategy, and increase its presence in the US, EU, Africa, the Middle East, and Asia. A portion of the funds will also be used to diversify its gaming offerings. According to Rabilal Thapa, cofounder and CEO of Circle of Games, “Nazara will provide strategic guidance, support, and access to its extensive network to help the company grow.”
This partnership goes beyond simple financial investment. “We are happy to further empower the global Web3 gaming industry through our co-investment with Nazara Technologies in Circle of Games, the leading Web3 multi-gaming app that aims to onboard the next billion users onto the Hedera network,” said Kamal Youssefi, president of the Hashgraph Association, in a statement regarding the fundraising effort. Thapa, Rajeeb VC, and Rohit Tiwari founded the Web3 casual multi-gaming platform Circle of Games in 2022. The company, which is based in the British Virgin Islands, says it has over 2.5 lakh Android users enrolled and plans to add 100 million users to its Web3 gaming platform by 2026. Additionally, it makes use of its alliances with Web3 initiatives and ecosystems, including Chingari and Solana, which provide it access to a gaming community of over 500 million members across more than 50 countries.
Nazara on Acquisition Spree
By the end of June 2024, Circle of Games intends to introduce its native coin ($COG) in an effort to attract more users to the site. The development coincides with Nazara’s acquiring spree. The gaming giant announced last month that it had set aside $100 million for mergers and acquisitions over the next two years. In February of this year, the company purchased Ninja Global FZCO (Ninja), a gaming and esports production company, as part of this. Before that, it had invested two tranches of funds in Freaks 4U Gaming, a full-service gaming and esports agency based in Germany. NODWIN Gaming, the listed giant’s esports business, also revealed in January that it had paid INR 55 Cr in cash and stock to acquire 100% ownership in Comic Con India.
The food delivery industry has reached a saturation point in terms of the number of cities; thus, foodtech giant Swiggy is concentrating on strengthening its position in the current locations rather than expanding geographically. Following the release of its financial results for the second quarter of FY25, the company emphasised during its earnings call that there is no longer any business case for growing into an additional 50–100 cities. According to the corporation, there isn’t a strong commercial rationale for expanding to another 50 or 100 locations; therefore, doing so would primarily be a selfish exercise.
Swiggy is instead focusing on expansion in high-potential metropolitan areas with growing migrant populations and developing communities, such as the new Bengaluru and Delhi NCR neighbourhoods. Cities like Bengaluru and the National Capital Region are no longer confined to their central regions. According to Swiggy CEO Sriharsha Majety, the company’s expansion into neighbouring zones—which Swiggy refers to as Tier 1.5 locations—is growing more and more important as new customers in these areas look for affordability.
Changing Business Strategies
Affordability is still a major factor, the CEO continued, particularly for markets like regular corporate lunches, where maximising delivery speed by distance is essential. Core city rents are also rising. In the meantime, Swiggy is trying to satisfy the increasing demand from customers for more options for its rapid commerce vertical, Instamart. It is still difficult to strike a balance between this and delivery speed, though. Although consumers anticipate a wide selection of goods, Swiggy claims that its current business strategy can supply up to 20,000 SKUs in 10 minutes. According to Majety, the corporation would have to make a minor compromise by lengthening the delivery time if it wanted to increase the assortment beyond this range.
Adding New Dark Stores for Business Expansion
Rahul Bothra, the CFO of Swiggy, told a media outlet last month that the company’s new dark stores would essentially occupy an area that is two to three times larger than its existing dark stores. In addition to expanding the company’s SKU coverage, adding dark stores will provide a variety of delivery options; for example, Swiggy Instamart can deliver some items in 10 minutes and others in 20 minutes, Bothra stated. On December 4, Swiggy announced that its operating revenue had increased by 30% to INR 3,601.45 Cr, while its consolidated net loss had decreased by 4.78% year over year to INR 625.53 Cr. In the quarter ending in September 2024, Swiggy Instamart’s operating revenue increased 135.7% to INR 490 Cr from INR 208 Cr in the same time the previous year.
According to the Ministry of Electronics and IT (MeitY), 19 service providers have put in bids to supply cloud and artificial intelligence (AI) computing services under the INR 10,738 Cr IndiaAI Mission. Cloud service providers, managed service providers, micro, small, and medium-sized businesses (MSMEs), and data centre service providers—including Jio Platforms, Tata Communications, Sify Digital Services, Yotta, and CMS Computers India—were among the organisations that took part in the bidding round.
The other bidders were Vensysco Technologies, CloudThat Technologies, Cyfuture India, I2k2 Networks, Ishan Infotech, Orient Technologies Limited, NxtGen Datacenter and Cloud Technologies, Path Infotech, Shezar Web Technologies, and Unicloud Labs.
Selected Companies will be Empanelled as Agencies
The chosen businesses will be appointed as agencies to offer AI computing services to academics, researchers, startups, and students. In collaboration with commercial entities, the Centre intends to construct infrastructure of 10,000 graphics processing units (GPUs) under the IndiaAI compute pillar. According to a statement from MeitY, 50 service providers attended the pre-bid conference in August 2024. The bids were then opened on December 2, and the deadline for submitting proposals was set on November 28.
Based on the eligibility and technical requirements outlined in the request for empanelment (RFE) document, a technical evaluation committee will now assess the bids that have been received. The qualified bidders will next be instructed to address the panel with their suggested solutions. The “technically qualified bidders” won’t be permitted to enter the commercial bids until after that. Additionally, the ministry stated that the empanelment will last for 36 months. However, it stated that if both parties agree, there will be a chance to extend the deadline by another 12 months.
IndiaAI Mission Focuses on Seven Areas
Earlier this year, the federal cabinet authorised the INR 10,738 Cr IndiaAI Mission. Computing, fundamental models, datasets, applications, skill development, startups, and safe AI are its seven main areas of interest. Its goal is to use a public-private partnership (PPP) model to support the domestic GenAI ecosystem.
MeitY secretary S. Krishnan stated in May of this year that when it comes to additional GPU power authorised under the Mission, indigenous enterprises will be given preference. Krishnan had stated at the time that the first set of use cases for AI compute power should be available to researchers and entrepreneurs over the next 18 to 24 months, by the end of the fiscal year 2024–2025 (FY25). Later in September, Krishnan added that after the current 10,000 GPU objective is met, the government may consider using viability gap funding (VGF) to build more “compute capacity.”
The board has given PB Fintech, an insurtech major, permission to establish a new subsidiary in order to provide healthcare services. “The incorporation of the wholly owned subsidiary has been approved by the board of directors of PB Fintech Limited through a circular resolution passed on December 03, 2024, to carry on the business of healthcare services,” the insurtech major stated in a filing with the BSE.
PB Fintech added that the incorporation procedure would be finished after receiving approval from the appropriate authorities and that it will submit an application to float the new healthcare-focused company at a later time. At a face value of INR 10 each, the listed insurtech platform and other corporate nominees will initially purchase 50,000 equity shares of the new firm.
The Subsidiary will be Launched With the Approx. Investment of $100 Mn
Two months ago, Yashish Dahiya, the group CEO and chairman of PB Fintech, stated that the company is thinking about entering the healthcare industry and would invest $100 million one time to purchase a 30% share in a new healthcare startup. He brought up concerns at the time about middle-class families’ inability to afford the nation’s healthcare system.
According to him, PB Fintech would try to close the gap that exists between insurance firms and hospitals. The announcement, however, caused a significant reaction from the markets. Following Dahiya’s suggestion at the company’s latest experiment, the shares fell as much as 10% during intraday trading on September 26. However, after he formally acknowledged the situation to the media on September 30, shares experienced a significant recovery.
The New Subsidiary will Focus on Health Care and Allied Services
The subsidiary, which has an INR 5 lakh authorised share capital, will concentrate on healthcare and related services. The business made it clear that upon incorporation, the new entity will become a connected party. Since PB Fintech is a professionally run company, it does not have a single promoter or promoter group.
After receiving the required approvals from the Registrar of Companies and the Ministry of Corporate Affairs, the incorporation procedure will start. The transaction signifies PB Fintech’s strategic expansion into the healthcare industry, even though turnover statistics are not yet available due to the entity’s unestablished status.
Financial Dynamics of PB Fintech
The healthcare plans offered by PB Fintech had previously drawn criticism from broking firm Bernstein, which stated that the move would represent a “sharp departure from the company’s current asset-light model to a more asset-heavy space.” In terms of finances, PB Fintech keeps increasing its earnings. In the second quarter (Q2) of the fiscal year 2024–25 (FY25), the company reported a net profit of INR 51 Cr, compared to a net loss of INR 21.11 Cr in the same period last year. From INR 811.6 Cr in Q2 FY24 to INR 1,167.2 Cr in the reviewed quarter, revenue from operations increased by more than 43%.
The number of netizens accessing the internet has increased with the arrival of JIO in India as it offers low-cost data plans and cheaper smartphones, which let them surf the world easily. Due to this, more people are found to be active online.
Taking an edge over this, various companies come up with unique marketing strategies in order to make their brand viral. One of those strategies is known as Viral Marketing.
Viral Marketing is a business strategy that uses a social media platform to promote a product or service. In other words, it is a digital marketing strategy that tries to convince the customer to become a brand advocate of the existing products/services.
It encourages people to share with other people to reach a larger audience, thereby making the advertisement go viral, much in the same way that a virus spreads from one person to another.
Top Viral Marketing Campaigns
Some of the best examples of viral marketing campaigns are:
When people got stuck at home due to Covid-19, Zoom came up with a great social media campaign contest and giveaway.
Zoom, a video conferencing platform, had come up with a Virtual Background Competition in March 2020. It introduced the monthly competition for remote workers. They could share videos or pictures using Zoom’s virtual background feature. A monthly competition with three prizes per month.
How did Zoom perform? Over 50,000 people signed up just to take part in the competition. Another great thing was customer value-added service. This campaign brought new people to Zoom and got them to explore different features. A good way to make sure customers learn and recommend further.
This campaign became the most successful viral marketing campaign on social media in 2020.
2. Apple: Shot on iPhone
Shot on iPhone – Viral Marketing Examples
Being an iconic brand in the market, even Apple requires a marketing strategy that would help them retain their customers. With the launch of the iPhone X, Apple put out its ‘Shot on iPhone’ campaign to promote how amazing their cameras were.
The company focused on the “selfie” aspect that people can share on social media, which created a huge buzz among people. They find it a great product. The camera quality made people start filming and creating content. These beautiful pictures do not have any direct link to the brand except for the tag – Shot on iPhone.
People have started sharing the Shot images and videos on iPhone. The campaign became a great hit because of the memes. Apple has successfully portrayed itself as the best camera phone for all camera lovers or content creators out there.
Again, this is an innovative way to remind their presence and the quality of their products.
Then, there is another viral marketing campaign brought by Dove. In 2004, Dove came up with the Real Beauty Sketch campaign. The purpose of the campaign was to let women know that they’re more beautiful than they think.
In this video marketing, the artist draws two sketches of a woman – one that she herself helps him to create and another described by somebody. The video went viral globally by spreading the brand message and belief in confidence.
Dove conducted a study and analyzed that only 2% of women considered themselves beautiful. So, they conceived the idea of using real women rather than models for their ads. The marketers tried to deeply touch the emotions of the people through this campaign. It reached a high point in 2013 which was watched over 114 million times within a month. The third most successful shared ad of all time!
A little bit of market research and addressing customer pain points can achieve phenomenal results.
Red Bull Gives You Wings – Viral Marketing Example
A name without which the list of the most viral marketing examples would be incomplete is Red Bull. Red Bull’s “Red Bull Gives You Wings” campaign, launched in 1992, has become one of the most iconic slogans. The ads often show people doing extreme things like skydiving, showing how Red Bull helps them push their limits.
The animated ads, with characters growing wings after drinking Red Bull, have become a key part of the brand. With the campaign reaching over 170 countries, it has lasted for over 30 years. Red Bull’s consistency in messaging has made this campaign one of the most recognisable and impactful in the history of marketing.
iHeartDogs is a company that was established for the purpose of social welfare. Every time people buy their products, they donate meals to dog shelters. Keeping to their core, the company started running ads on Facebook to attract more people to donate.
The campaign said that they would provide nothing for buying their products. Instead of discounts, they promised to double donations from purchases made over the weekend. They launched a 0% off campaign from Black Friday to Giving Tuesday. The ad on Facebook read 0% off, but the company ended up quadrupling sales.
They had aimed to provide meals to 100,000 dogs in need but ended up providing 200,000 instead. The sales were four times more than expectations, with over 500,000 people reaching out from just Facebook. As the cause was social, it went viral on social media.
5. Twitter’s Launch Campaign
Twitter (Now X), a microblogging platform, has set a great example of viral marketing.
The South by South West (SXSW) conference brings together thousands of millennials interested in music, interactive media, and film every year. The SXSW is held in Austin, Texas. Twitter, as a startup, negotiated with the organizers to place huge screens around the venue. These were updated with real-time messaging, and attendees with Twitter accounts participated in the campaign and promoted the brand.
This created a massive impact, demonstrating the arrival of a new social media age. Twitter gained a new reputation and many new subscribers who wanted to become part of something new. Thus, overall a very successful viral marketing campaign.
Want to Work in Top Gobal & Indian Startups or Looking For Remote/Web3 Jobs – Join angel.co
Angel.co is the best Job Searching Platform to find a Job in Your Preferred domain like tech, marketing, HR etc.
Another great example of viral marketing incidentally took place in Austin, Texas.
Uber became a social sensation at the South by South West festival. They offered free rides to attendees during the conference and festival. This created a sensation during the event, and people started discussing it on social media. Wouldn’t you? Everyone wants to experience free service, and that too in such a style! The deluge of information back and forth was so much that a social media platform collapsed.
Targeting the right people at the right time is very important. Young participants of SXSW no doubt took to social media, and in no time, it went viral.
7. Spotify Co-marketing with Facebook
Spotify Co-Marketing With Facebook – Viral Marketing Examples
Ever wondered how Spotify achieved such fame in a short time?
Spotify, a startup founded in Sweden in 2008, provides audio streaming and media services. It had started with free service for UK customers in February 2009, and by September, it had to halt free service and rely on invite-only. Then in 2011, it initiated co-marketing with Facebook to solidify its position. A personal playlist can be published on a user’s Facebook page; at the same time, another user can listen to it with a single click.
As of the second quarter of 2021, Spotify has 165 million premium subscribers worldwide and is available in more than 15 countries, including the UK, the US, and the MENA region. This is another great example of how a simple collaboration with social media has made the startup go viral and increased users, especially where services are based on a Freemium model.
Another great example of viral marketing was set by Dropbox. Dropbox is the go-to cloud storage service to save your files and data. The best part is that once stored in a virtual space, you can share and sync your files without the hassle of sending attachments individually.
They set a great example of affiliate marketing that went viral. Dropbox offered 500 MB of free storage for every referral and signup by an existing customer. What happened? Well, Dropbox saw registration shoot up by 60%. Even now, a major part of new customers is derived from word of mouth.
By offering a reward to an existing customer, they achieved effective marketing by customers and a great loyal customer base. And when most of your customers are businesses, their reach is huge. Dropbox has over 500 million users as of 2016 and is poised to cross over a billion users soon.
It is not always necessary to come up with funny content to become viral. The company can reach a larger audience even by offering that customers are ready to accept.
9. “I Want Mint” Badge
I Want Mint Badge – Viral Marketing Examples
If you talk about the startups that received so-called overnight success, then Mint is one of them. Mint proved that with its unique marketing strategy and great product for content creators. Mint used its blogs to create awareness and gave special benefits to users who put “I Want Mint” badges on their blogs or social media pages. That was great free advertising!
They were able to make customers feel special without spending money. From this badge, Mint got free advertising on 600 different blogs from both normal people and influencers. Further, achieved recognition as providing useful information and being concerned about users. This way, it attracted more users and bloggers to write blogs on Mint for free.
ALS Ice Bucket Challenge – Viral Marketing Examples
This Ice Bucket Challenge is also known as the ALS Ice Bucket Challenge. The campaign was started to promote awareness of the disease Amyotrophic Lateral Sclerosis and encourage donations to research. Many big personalities like Bill Gates, Oprah Winfrey, and Justin Bieber took part in the campaign to raise awareness. It is one of the best examples of viral marketing.
They have been seen pouring a bucket of ice water on their heads either by themselves or someone else, which attracted people around the world to take part in the campaign. The campaign went viral on social media and helped the organization raise over $220 million. It became the fifth most popular Google search in Google 2014.Even after the campaign, the donations to ALS remained 25% higher than a year before the campaign.
ALS was able to raise awareness by breaking the mold and doing something out of the box.
Pepsi‘s advertising campaigns for Halloween have been highly successful in capturing the public’s attention and generating buzz for the brand. One of their most notable accomplishments was the 2013 “Cola-Cola” ad, which featured a can of Pepsi wearing a red cape, clearly referencing Coca-Cola’s iconic branding. The ad’s humor and clever wordplay resonated with audiences, making it a viral sensation.
Another successful Pepsi Halloween campaign was the 2017 “Monster Mirror” stunt. In partnership with Odeon Cinemas, Pepsi installed augmented reality mirrors in cinema restrooms. When moviegoers looked into the mirrors, they were transformed into various Halloween characters, such as clowns, werewolves, and zombies. The interactive experience was a fun and engaging way to promote Pepsi during the spooky season.
Their Halloween advertising campaigns have been consistently successful, helping the brand achieve several key objectives, including increased brand awareness, positive brand association, enhanced customer engagement, viral marketing success, and competitive advantage.
12. Oreo – Dunk In The Dark Campaign
Oreo Dunk In The Dark Campaign – Viral Marketing Examples
Oreo’s “Dunk in the Dark” campaign was a brilliant example of real-time marketing that capitalized on an unexpected event to generate massive buzz for the brand. During Super Bowl XLVII in 2013, a power outage plunged the stadium into darkness. Within minutes, Oreo’s social media team seized the opportunity and tweeted a simple yet effective message: “Power out? No problem. You can still dunk in the dark.” The tweet, accompanied by an image of a solitary Oreo cookie against a black background, went viral instantly.
The “Dunk in the Dark” campaign was one of the successful viral marketing campaigns for Oreo. The tweet was retweeted over 15,000 times and liked over 20,000 times on Facebook. The campaign also generated significant media coverage and led to a surge in Oreo sales.
Domino‘s “Domin-oh-hoo-hoo” campaign was a smart and efficient viral marketing tactic that aimed to encourage group ordering and re-engage customers as the world emerged from the pandemic. The campaign centered on a catchy yodel, “Domin-oh-hoo-hoo,” which served as a call to action for ordering pizza with friends and family. The campaign was highly effective in creating buzz and generating sales for the company, and it helped to strengthen customer loyalty.
The campaign was a resounding success for Domino’s, achieving its objectives of increased brand awareness, enhanced customer engagement, promoted group ordering, rejuvenated brand image, and measurable sales growth. The campaign’s success highlights the power of viral marketing to achieve tangible business outcomes.
14. Cadbury’s – Gorilla
Cadbury’s Gorilla – Viral Marketing Examples
The iconic Cadbury‘s Gorilla commercial of 2007 remains etched in the memories of many. Set to the familiar tune of Phil Collins’s “In the Air Tonight,” the advertisement features a gorilla passionately playing the drums. Concluding with the tagline “a glass and a half full of joy,” it suggests that consuming Cadbury’s brings happiness.
This ad, crowned the UK’s favorite by Marketing Magazine, stands out for its unconventional approach and wild creativity, earning affection from viewers. Interestingly, the director revealed that the idea was initially rejected before winning over the team with its immediate and emotional impact. This underscores the effectiveness of campaigns that defy norms and evoke strong emotions.
The commercial’s success lies in the perfect blend of creativity, a catchy, well-known song, and the inclusion of a remarkably lifelike gorilla. Cadbury’s reported a boost in profits, affirming the commercial’s positive impact on their brand.
Snickers You’re Not You When You’re Hungry – Viral Marketing Examples
Snickers’ “You’re Not You When You’re Hungry” campaign is a prime example of a successful viral marketing strategy that effectively tapped into a universal human experience – hunger-induced mood swings. The campaign’s core concept was simple: people tend to become exaggerated versions of themselves when hungry. This relatable theme was brought to life through a series of humorous commercials that featured everyday people transforming into outlandish caricatures of themselves when they failed to satisfy their hunger pangs. The tagline ‘You’re Not You When You’re Hungry’ perfectly encapsulated the campaign’s message, making it instantly recognizable and memorable.
The commercials were entertaining and resonated with audiences on a deeper level as they touched on a common human struggle. The campaign’s impact extended beyond mere entertainment, as it successfully linked hunger-induced mood swings to the need for a Snickers bar, positioning the product as a solution to these temporary personality changes. The campaign’s global reach, celebrity endorsements, and catchy tagline further amplified its impact, transforming it into a cultural phenomenon and cementing Snickers’ position as a brand that understands and empathizes with consumers.
Wendy’s Chicken Nugget Retweet Challenge is a remarkable example of a viral campaign, masterfully leveraging social media engagement and gamification to generate immense buzz for the brand. In 2017, Wendy’s initiated a challenge on Twitter, asking users to retweet a post to determine the number of retweets required to win a year’s supply of chicken nuggets. This seemingly simple concept ignited a viral phenomenon, with users actively retweeting the post to achieve the seemingly impossible goal of 18 million retweets.
The Wendy’s Chicken Nugget Retweet Challenge, counted among notable viral content examples, was a resounding success, showcasing the power of viral marketing to generate buzz, increase brand awareness, and drive positive brand associations. The campaign’s creative concept, gamification elements, ambitious goal, social media engagement, and active involvement from Wendy’s all contributed significantly to its remarkable success.
17. Coca-Cola’s “Share a Coke” Campaign
Coca-Cola’s “Share a Coke” campaign – Viral Marketing Examples
In 2011, Coca-Cola launched the “Share a Coke” campaign, which was a revolutionary viral marketing strategy that changed the way brands interact with customers. The campaign’s main idea was straightforward but impactful: to replace the iconic Coca-Cola logo with popular names on bottles and cans, thereby urging people to share a Coke with their loved ones. This approach was a huge success, resulting in increased brand engagement and consumer satisfaction.
The personalized bottles created a sense of belonging and recognition, making each Coke feel unique and special. People eagerly sought out their names and those of their friends and family, sharing their discoveries on social media platforms. The campaign’s emotional appeal resonated with consumers on a deep level, creating a lasting connection with the brand. Moreover, the campaign’s adaptability allowed it to evolve over time, incorporating popular nicknames, titles, and even cultural references, ensuring its relevance to diverse audiences worldwide.
18. Dollar Shave Club
Dollar Shave Club – Viral Marketing Examples
Dollar Shave Club’s 2012 viral marketing campaign, featuring a humorous and relatable founder pitching his company’s affordable razor subscription service, became an instant sensation, revolutionizing the shaving industry and establishing Dollar Shave Club as a household name. The campaign’s success can be attributed to its ability to combine humor, relatability, social media amplification, direct-to-consumer approach, and authenticity to connect with consumers on a deeper level.
The campaign’s humor and relatability were key to its virality, making it one of the notable viral content examples. The founder’s self-deprecating style and candid approach to shaving-related woes resonated with viewers, making the brand approachable and memorable. The catchy tagline, “Our blades are f***ing great,” and the clear call to action, “Get your first shave for $1,” enhanced the campaign’s effectiveness.
19. L’Oréal – Because You’re Worth It
L’Oréal Because You’re Worth It – Viral Marketing Examples
L’Oréal‘s “Because You’re Worth It” tagline, introduced in 1997, resonates with women worldwide and drives brand loyalty. The tagline’s success lies in empowering women with a simple yet powerful message of self-worth and confidence, which transcends boundaries and adapts to changing trends.
The tagline’s effectiveness is evident in its significant benefits to L’Oréal. The tagline has increased brand awareness, fostered a positive brand perception, enhanced customer loyalty, driven sales growth, and impacted women’s self-perception and empowerment worldwide. It has become a cultural touchstone, inspiring women to embrace beauty and worth. Overall, L’Oréal’s “Because You’re Worth It” tagline is a testament to the power of meaningful messaging and emotional connection in creating successful and enduring marketing campaigns.
20. Nike – Just Do It
Nike Just Do It – Viral Marketing Examples
Nike‘s “Just Do It” campaign, launched in 1988, brought about a revolution in advertising with its simple yet powerful message of empowerment and motivation. The tagline’s universality and relatability resonated with people of all ages, backgrounds, and athletic abilities, inspiring them to take action and strive for their goals. The campaign’s emotional connection, association with renowned athletes, and cultural impact further amplified its reach and influence.
Nike’s “Just Do It” campaign has been tremendously advantageous for the company. The campaign has played a pivotal role in increasing brand recognition, improving brand image, and leaving a lasting cultural impact. The campaign’s consistent and adaptable approach has ensured its continual relevance, making it a symbolic representation of personal accomplishment and a source of motivation for future generations. Overall, Nike’s “Just Do It” campaign serves as a powerful example of how impactful messaging and emotional connection can lead to successful and long-lasting marketing campaigns.
McDonald’s “I’m Lovin’ It” campaign, launched in 2003, is one of the most popular viral marketing examples of all time. The catchy jingle, written by Justin Timberlake, and its simple and quirky message connected with the customer globally, helping McDonald’s create a strong brand identity. It spread through TV, digital media, and in-store promotions, becoming viral in no time and increasing customer engagement.
The campaign’s success was also due to its local adaptations. McDonald’s worked with regional celebrities and influencers to make the message feel personalized. This strategy made “I’m Lovin’ It” not just a slogan but a symbol of McDonald’s global reach and connection with its customers.
Conclusion
Marketing is an essential element for any business, startup, or established organization to tell customers how awesome their product is and why they should buy it. There are innovative ways to promote your product. Now that you know the various examples of viral marketing campaigns, you can apply this to make your brand go viral and reach a larger target audience. Not all viral campaigns have to be funny or shocking. It can go viral for both positive and negative reasons if you can deeply touch customers’ emotions by spreading the brand’s message.
FAQs
What is viral marketing?
Viral Marketing is a business strategy that uses a social media platform to promote a product or service. In other words, it is a digital marketing strategy that tries to convince the customer to become a brand advocate of the existing products/services. It encourages people to share with other people to reach a larger audience, thereby making the advertisement go viral, much in the same way that a virus spreads from one person to another.
Why is viral marketing important?
Viral marketing is important as it helps to reach a larger target audience, which results in increased sales revenue.
What is a viral marketing example?
One of the examples of viral marketing is the ALS Ice Bucket Challenge. Many celebrities and big personalities agreed to dump a bucket of ice water on their heads to raise awareness of ALS and generate donations. The ice bucket video created a huge sensation on social media that enormously increased awareness of ALS.
How do you carry out a viral content marketing campaign?
8 Secrets to go viral on Social Media are:
Master the target audience
Select the appropriate social media platform
Create content with high engagement
Time content for maximum reach
Boost visibility with advertising
Partner with a social media influencer
Measure performance to create better campaigns in the future
Provide a clear call to action
What is the best viral marketing campaign?
The Best viral Marketing Campaigns of all time are:
Nike: “Just Do It”
Apple: “Get a Mac”
Pepsi: “Is Pepsi OK?”
IHOP: “IHOb”
Absolut Vodka: “The Bottle”
Red Bull: “Stratos”
Marlboro: “The Marlboro Man”
Dos Equis: “The Most Interesting Man in the World”
What kind of content goes viral?
The contents that are based on trending topics and are capable of evoking intense emotional responses are likely to go viral.
How many companies use buzz marketing?
There are many companies that use buzz marketing. Ranging from Dunkin’ Donuts and Domino’s Pizza to Unilever, Spotify and others use buzz marketing.
This article has been contributed by Aditya Oza, CMO & Co-Founder at EMotorad.
All good marketers will agree that marketing should never feel like selling. People do not like being sold to; they want to discover things that genuinely interest them and add value to their lives. This realisation is pivotal in shaping how you approach a marketing funnel. You can’t always push “Hurry Up, Last Chance” ads to a target audience that has never heard of your brand.
Instead, marketing across funnels is like building a relationship. It starts with a friendly introduction—”Hey, how are you? Here’s who we are”—gradually evolves into something deeper, where both parties learn more about each other. It’s a trust-building process; though it takes time, it’s infinitely more rewarding and definitely more sustainable.
As CMO, I’ve spent years refining the art of creating successful marketing funnels. Here’s a beginner’s guide to crafting a funnel that drives results, builds relationships, and ultimately converts.
1. Awareness Stage: The Art of First Impressions
The top-of-the-funnel (TOFU) is all about getting noticed. At this stage, your audience isn’t looking to buy—they might not even know they have a problem your product solves. The goal here is simple: introduce your brand in a way that resonates.
What Works? Storytelling. People connect emotionally, not sales pitches. Share your brand’s purpose. Our TOFU content talks about our mission, introduce ourselves in this category, and explains what the category is. This can also be done through educational content like blogs and videos, which don’t necessarily lead to direct sales but are important for building trust and positioning yourself as an SME.
To implement the above, use social media platforms that resonate with your brand voice. Depending on your business goals and target audience, this could include Instagram, YouTube, and LinkedIn.
2. Consideration Stage: Earn Trust and Credibility
In the middle-of-the-funnel, or some would say MOFU, your audience is aware of your brand, and marketers will now nurture their interests by showing why their product or service is the right fit for them.
Here, you can leverage case studies, testimonials, pivotal milestones, pros of your solution, success stories, and much more. The key metric to measure is the engagement rate. Use cookies and audience segmentation to retarget visitors who engaged with your content, had queries, and reached out via chatbots.
3. Conversion Stage: Seal the Deal
Your audience is ready at the bottom of the funnel (BOFU), and you must give the final nudge. Here, you must address any hesitation and provide incentives, big or small, to seal the deal.
Make your CTAs simple and clear, making it easier for the consumer to take the next step. ‘Book a FREE test ride’ has been one of our most effective CTAs. While they shouldn’t dominate your content strategy, showing urgency like limited-time offers or offering free accessories with ₹3,000 helps convert warm leads. Having a team ready here to address customer queries can make the difference between a conversion and a bounce.
The key metric here is tracking conversion, purchases, sign-ups, test rides, or any other business goal tied to the revenue.
4. Retention Stage: From Acquisition To Loyalty
This is the most important stage in the funnel. Marketers underestimate the acquisition costs to take your audience through the funnel, and retention is the only sustainable way to ensure growth. The funnel isn’t just three stages but a continuous learning process for each party. Happy customers are your best influencers and marketers; their reviews, repeat purchases, and, in our case, word-of-mouth marketing not only save you a lot of money but build an authentic brand face.
Sending regular updates, thank-you emails, and, in our case, maintenance tips, community rides, discounts on accessories, and or even social media inclusion help foster a sense of community.
Repeat sales, referrals, and engagement are key metrics here.
5. Optimisation Stage: Fine-tune the Funnel
Just like water, the marketing funnel isn’t static; it always flows. It requires constant refinement and fine-tuning based on data and insights. Regularly audit each stage to understand where the leaks are coming from. Use Google Analytics to track your funnel performance and pinpoint where the drop-offs are.
It’s a good stage to implement A/B testing and experiment with ad creatives, emails, landing page designs, and CTAs to optimise your strategy. Actively seek customer feedback through surveys or focus groups to understand what’s working and what’s not.
Your customer acquisition cost and funnel efficiency determine the success of your stages. Finding the percentage of customers who move from one stage to another helps us grease the funnel wheels.
It’s a Wrap!
Successful conversion isn’t bombarding your performance marketing budget and spamming your audience with ads; it’s about reaching the right audience and guiding through thoughtfully.
At EMotorad, effective storytelling, topical content, education, and maintaining authentic connections have helped drive sales and build a community. So whether you’re a beginner or a seasoned pro, always align your funnel with your business goals, and remember it’s not always about selling but building lasting relationships.
This article has been contributed by Chandra Mani, Founder, Useful Garbage Creations.
The way we consume entertainment has changed forever, and Indian OTT platforms are riding the wave in style. With binge-worthy web series, global blockbusters and homegrown dramas that resonate across cultures, India’s streaming services are making their mark. What’s exciting is how they blend local stories with global accessibility, appealing to audiences in India and beyond. But what’s behind this success? Let’s explore how these platforms are competing — and thriving — in the ever-evolving streaming wars.
India’s Storytelling Power: Bigger Than Ever
India’s media and entertainment industry is on a roll, growing 8% last year despite tough global conditions. What’s driving this? A knack for producing stories that connect. The numbers speak for themselves — 200,000 hours of content every year, including 1,700 films, 20,000 songs, and 3,000 hours of premium OTT programming.
Whether it’s a blockbuster film or a heartfelt regional drama, these tales are travelling to more than 160 countries, topping charts, and winning hearts. Even within India, the lines between regional and national content are blurring. People are just as likely to watch a Malayalam thriller as they are a Hindi rom-com, showing how diverse and relatable Indian content has become.
The OTT Boom: Coming to Every Household
Streaming isn’t just a trend in India — it’s becoming a way of life. With digital platforms now reaching 600 million people, the demand for OTT content is skyrocketing. By 2026, video OTT is expected to hit 65 million households, and the hours of premium content are projected to rise from 3,000 to 4,000. That’s a lot of binge-watching!
But it’s not just about volume — it’s about accessibility and innovation. Platforms are finding clever ways to cater to everyone. BookMyShow Stream’s partnership with VROTT Studios, for instance, brings global content in Indian languages, while Amazon miniTV launched miniTV Imported, offering international shows dubbed in Hindi. Netflix, too, dubs its top shows in up to seven languages and subtitles them in 33, ensuring nobody misses out.
These efforts are paying off. OTT revenue in India surged to $1.8 billion in 2022 — a whopping sixfold increase since 2018—and it’s set to hit $3.5 billion by 2027. Streaming isn’t just entertainment anymore; it’s big business.
Local Stories, Global Audiences
What sets Indian OTT platforms apart is their ability to cater to both local and global tastes. Prime Video is a “prime” example — 60% of its viewership comes from local Indian content, with regional titles accounting for a third of that. This strategy not only draws in domestic audiences but also attracts viewers from around the world. It’s not just the shows and movies, either. India’s creator economy is thriving, with web series, kids’ content, and even sports events reaching global audiences. Some platforms report that 60-90% of their audiences—and over 40% of their revenues—come from outside India.
The Battle for Eyeballs: Challenges and Opportunities
Of course, it’s not all smooth sailing. The competition is intense, with global giants like Netflix and Disney+ Hotstar constantly raising the bar. Their innovative offerings, such as Netflix’s pay-lite/mobile-only plans, make premium content more accessible to cost-conscious viewers. To stay in the game, Indian platforms are doubling down on local content and finding creative ways to keep audiences hooked.
This is where the magic happens. Platforms like Zee5 and SonyLIV are tapping into regional stories while also embracing international formats. Shows like Delhi Crime on Netflix, Gullak Season-4 on Sony LIV and Made in Heaven on Prime Video prove that Indian storytelling can hold its own on the world stage. The third season of Panchayat alone garnered 28.2 million viewers earlier this year, while top titles like Heeramandi (20.3 million) and Indian Police Force (19.5 million) showcased the growing appetite for Hindi-language content. This represents a balancing act, one that Indian platforms are mastering.
Streaming Ahead: What’s Next?
The future of Indian OTT looks bright. With the market set to grow at an impressive 14.3% annually, the opportunities are endless. The subscription video-on-demand (SVOD) segment, which has driven the streaming boom so far, is expected to lead the charge, reaching $2.6 billion by 2027.
But more than the numbers, it’s the stories that matter. Indian platforms are proving that local narratives have global appeal, breaking cultural barriers and redefining entertainment for a diverse audience. As more people tune in to Indian content, one thing is clear: the future of streaming is here, and it’s as vibrant and diverse as the stories India has to offer.