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Bengaluru Retail Summit 2024: Unveiling the Future of Retail

Jul 26, 2024 by Mansi 0 Comments #Bengaluru Retail Summit, #Bengaluru Retail Summit 2024, #bigbasket, #Brigade Group, #Britannia Industries Ltd, #Britannia Industries Ltd V Muhammad Ali - CEO, #BRS, #CEO, #CEO & Executive Director, #Co-Founder & CEO, #Consulting Business Leader for Retail, #CPG, #Drolls India Pvt Ltd Chandru Kalro, #EasyBuy, #Enabling Growth, #Enabling Growth” & “Mastering the Market: Transforming Insights into Growth Opportunities, #Ganesan V P, #Hari Menon, #Healux International Pvt. Ltd Deepak Singh - Director & CEO Saturo Technologies Sumit Jasoria, #i – TEK RFID Hari Menon - Co-founder & CEO - Big Basket Dr Shashank Sinha, #IBM, #Italian Colony David R Stanley – Founder & Managing Director, #Johnson Verghese - Managing Director - Fossil Group India Karan Mehta - CEO, #Jt Managing Director, #Karan Mehta, #Kumar Rajagopalan, #Landmark Group, #Landmark Group Rajneet Kohli - CEO & ED, #Managing Director, #MD & CEO, #NEWME, #Nirupa Shankar, #Pharma & LS Industries – India South Asia, #Prestige Group Manohar Chatlani - MD Retail India Pvt Ltd, #RAI, #Rajneet Kohli, #Retail, #Retail Sector, #Retail Technology: Powering Business, #Retailers Association of India (RAI), #Revolutionize Retail with AI Everywhere, #Sheraton Grand Bangalore, #Soch Apparels Pvt Ltd Subhash Chandra - MD Sangeetha Mobiles Mrunmay Mehta - CEO, #Strategies for Retail Success: Navigating a Constantly Evolving Market”, #Tech Adoption: Integrating Digital Innovations with Physical Presence, #thought leaders, #Transportation, #Travel, #TTK Prestige Chintan Mehta – Founder, #WOW Skin Science Ashim Ashok Patel

Bengaluru, July 24th, 2024: The Retailers Association of India (RAI) successfully held the second edition of the Bengaluru Retail Summit, a premier event that brought together the brightest minds and influential leaders from the retail industry. Held at the Sheraton Grand Bangalore, the summit emerged as a melting pot of transformative ideas, emerging trends, and invaluable networking opportunities. Against the vibrant backdrop of Bengaluru’s retail culture, it served as a pivotal platform for retailers and brands to engage in impactful discussions, collectively shaping the future of retail in India.

Speaking about the summit, Kumar Rajagopalan, CEO, Retailers Association of India (RAI), said, “India’s retail sector stands at the cusp of profound transformation. The dynamic discussions on strategies for retail success, the seamless integration of digital innovations, and the latest retail ideas have highlighted how industry leaders are navigating this constantly evolving market. Our focus on mastering the market and innovating is diverse. With a burgeoning middle class, expanding digital infrastructure, and strategic government initiatives, we anticipate a dynamic era of growth and innovation. These advancements position the retail sector as a pivotal driver of economic vitality and consumer empowerment in the years ahead.”

Highlights of the Bengaluru Retail Summit 2024 by RAI was the keynote address on ‘Revolutionize Retail with AI Everywhere’ by Ganesan V P, Consulting Business Leader for Retail, CPG, Travel, Transportation, Pharma & LS Industries – India South Asia, IBM.

The summit also hosted two stimulating Fireside Chats with Rajneet Kohli, CEO & Executive Director, Britannia Industries Ltd, and with Nirupa Shankar, Jt Managing Director, Brigade Group.

Bengaluru Retail Summit 2024 Unveiling the Future of Retail 1

Expressing delight at the second edition of BRS, Rajneet Kohli, CEO & Executive Director, Britannia Industries Ltd said, “The future of retail lies in seamlessly blending technology with the human touch. Using data-driven insights to understand consumer preferences and deliver tailored experiences will drive growth and foster deeper customer loyalty.”

Hari Menon, Co-Founder & CEO, Bigbasket said, “The retail industry is at a pivotal point where digital transformation is crucial. Integrating online and offline channels is essential to meet evolving consumer demands. Innovation in logistics and personalized services will be the key drivers of future retail success.”

Karan Mehta, CEO, Easybuy, Landmark Group said, “Understanding and responding to diverse customer needs is more important than ever. By harnessing advanced analytics and staying ahead of emerging trends, retailers can create personalized and engaging shopping experiences, ensuring sustained growth and competitiveness.”

The summit witnessed captivating discussions on topics such asStrategies for Retail Success: Navigating a Constantly Evolving Market” “Tech Adoption: Integrating Digital Innovations with Physical Presence” “Retail Technology: Powering Business, Enabling Growth” & “Mastering the Market: Transforming Insights into Growth Opportunities.”

industry leaders speaking at the summit included:

Johnson Verghese – Managing Director – Fossil Group India

Karan Mehta – CEO, Landmark Group

Rajneet Kohli – CEO & ED, Britannia Industries Ltd

V Muhammad Ali – CEO, Retail, Prestige Group

Manohar Chatlani – MD Retail India Pvt Ltd, Soch Apparels Pvt Ltd

Subhash Chandra – MD Sangeetha Mobiles

Mrunmay Mehta – CEO, WOW Skin Science

Ashim Ashok Patel, MD & CEO, i – TEK RFID

Hari Menon – Co-founder & CEO – Big Basket

Dr Shashank Sinha, CEO, Drolls India Pvt Ltd

Chandru Kalro, Managing Director, TTK Prestige

Chintan Mehta – Founder, Italian Colony

David R Stanley – Founder & Managing Director, Healux International Pvt. Ltd

Deepak Singh – Director & CEO Saturo Technologies

Sumit Jasoria, Co-Founder & CEO, NEWME

These thought leaders shared their insights on the latest trends, challenges, and opportunities within the retail sector, fostering a rich environment of knowledge exchange and collaboration. The event’s successful execution has set a benchmark for industry gatherings, reaffirming Bengaluru’s status as a central hub for retail excellence.

About RAI:

Retailers Association of India (RAI) is the unified voice of Indian retailers. RAI works with all the stakeholders for creating the right environment for the growth of the modern retail industry in India. It is a strong advocate for retailing in India and works with all levels of government and stakeholders to support employment growth and career opportunities in retail, promote and sustain retail investments in communities from coast to coast, and enhance consumer choice and industry competitiveness.

Creating Systemic Impact (2)

The Convergence Foundation co-hosts a landmark conference on ‘Creating Systemic Impact’

Bengaluru, 26th June 2024: The Convergence Foundation, in collaboration with Rohini Nilekani Philanthropies, Centre for Exponential Change, and India Impact Sherpas (knowledge partner), hosted a landmark conference on ‘Creating Systemic Impact’, bringing together development practitioners, thought leaders and philanthropists to focus on the practices and enablers of systems change.

Organizations that adopt the systems change approach—System Support Organisations (SSOs)—work closely with governments at both the central and state levels to create large-scale impact by addressing the root causes of problems rather than applying quick fixes or band-aid solutions.

In the keynote address by Rohini Nilekani, Chairperson of Rohini Nilekani Philanthropies, she emphasized, “This decade is one of the most critical decades in human history, demanding inclusive and exponential social change. We have the best chance ever now to create a different future than is feared. But for that, we need risk capital deployed strategically and urgently to reduce the friction between Samaaj, Sarkaar, and Bazaar, and unlock the true potential of each. Philanthropists and foundations must step forward NOW! Let’s think bigger, be bolder in our collaborations, and place better bets on leaders who are invested in systemic change.”

The Convergence Foundation

A highlight of the conference was a panel discussion on ‘Unlocking Funding for Systemic Impact’, moderated by Praveen Khanghta, Head of Strategy and Investments at The Convergence Foundation. The panel featured esteemed speakers including Murugan Vasudevan, CEO of Veddis Foundation; Shruti Shibulal, CEO and Director of Tamara Leisure Experiences; Srikanth Viswanathan, CEO of Janaagraha; and Sumit Tayal, CEO of Give India.

Bikkrama Daulet Singh, Operating Partner at The Convergence Foundation, while emphasising the urgent need to unlock funding for systemic impact, stated, “The systems change approach holds the highest potential for transformative change. Philanthropists seeking maximum return on investment should prioritize supporting organizations that collaborate with governments to achieve scalable and sustainable results. It is crucial for philanthropists and system orchestrators to learn, reflect, and continuously align their efforts to maximize their collective impact.”

The conference also featured the unveiling of Sanjay Purohit’s book, Think Sustain, the third instalment in the Think book series. The book was launched by Rohini Nilekani. Alongside Think Scale and Think Speed, Think Sustain aims to inspire change that leads to impactful transformations. These Think books serve as companions in the journey to achieving impact at scale.

Sanjay Purohit, the author, CEO, and Chief Curator of Centre for Exponential Change, expressed his gratitude at the conference, saying, “C4EC is an emerging space for co-creation and collaboration bringing together system orchestrators, diverse enablers, and influencers to enable exponential change journeys. The reason why we co-founded this Centre is because we know that the exponential change journey is long and winding and we all need to come together to inspire these ripples of change. Like we strive to conserve natural systems (such as coral reefs and rainforests) that sustain the health of our planet, we must strive to enable system orchestrators, who ensure the health of our society.”

The conference marked a significant step towards fostering collaboration and innovation in addressing India’s complex challenges at scale. The commitment and insights shared by the participants underscored the potential of systems change to drive sustainable and impactful development across India.