MAM
Bobble AI appoints Ravi Shharma as its chief business officer
Mumbai: Bobble AI on Friday announced the appointment of Ravi Shharma as its new chief business officer. In his capacity as chief business officer, Shharma will be responsible for driving B2B business growth for existing revenue streams – A&M (Advertising & Marketing), DaaS (Data as a Service), and TaaS (Technology as a Service) and future streams, overseeing sales and revenue generation strategies, and exploring new market opportunities to scale revenue. He will work closely with the executive team to steer Bobble AI towards continued success and growth and report to founder & CEO Ankit Prasad.
“We are excited to welcome Ravi to our team. His extensive work experience of around 25 years, proven track record as a sales leader with quite a few Fortune 500 companies, deeper understanding of media sales, ability & vision to scale businesses in a rapidly changing digital landscape and commitment to delivering results will undoubtedly be a great asset to our business going forward. Bobble AI has been roping in industry stalwarts to accelerate the growth and expansion plans and we are confident that Ravi’s integration into the team will strengthen that process & help us achieve new milestones,” said Prasad.
Shharma comes with a solid reputation as a veteran sales leader with a rich and diverse background coupled with exceptional revenue growth skills while working as sales/ revenue head for many global & Indian media companies like CNN, Turner Broadcasting, Cartoon Network, Warner Bros, HBO, Gaana & Saavn in his previous stint. In his more than two decades of experience, he has contributed to an array of activities spanning evolving business strategy and value proposition, creating a multi-year business plan along with the creation of multi-geography business ecosystems.
Having a strong understanding of the entire media landscape – from Print to TV to Digital as an industry stalwart, at Bobble AI he will be instrumental in envisioning, designing and executing impactful business development strategies aligning the company’s expansion plans, its industry vision and the impactful approach backed by exclusive consumer intelligence and artificial intelligence to bring a paradigm shift in the mobile marketing & advertising landscape.
Shharma said, “In the last few years Bobble AI has emerged as the most impactful deep tech solution company in India by re-imagining the keyboard utility as a holistic conversation media platform that has empowered brands to engage with their millions of potential customers in a creative and non-intrusive way. Despite having worked with many global media companies for over two decades, it’s probably the first time I felt moved by the unparalleled disruptions in the mobile marketing & advertising space that Bobble AI is driving and challenging the incumbents. I am quite excited to be part of a visionary team of innovators and look forward to achieving our collective goals and driving the company’s growth.”
Brands
Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers
Consumer court flags unfair practices in long-running property dispute case
MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.
The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.
Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.
The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.
As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.
For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.
