Brands
GoaFest 2025: Brands swipe right on GenZ – Spotify, Nivea and Saregama decode the next big consumer wave
MUMBAI: At Goafest 2025, the panel titled ‘Swipe Right for Relevance: Building Brands Gen Z Cares About’ brought together three brand leaders and one big question: How do brands win over a generation raised on infinite scrolls, sceptical of polished campaigns, and loyal only to authenticity?
Moderated by journalist and producer Anuradha SenGupta, the panel featured Spotify India MD Amarjit Singh Batra, Nivea India MD Geetika Mehta, and Saregama India MD Vikram Mehra. Together, they delivered a candid crash course in decoding India’s most attention-deficit yet value-driven demographic.
Batra opened by stating the obvious: Gen Z isn’t just part of Spotify’s strategy—they are the strategy. Over 50 per cent of Spotify’s listeners in India are under 25. “They’re not just listeners, they’re the creators, the curators, the interns, and our future employees,” he said. Spotify’s recent early career postings attracted 3,000 applicants in a few hours—a sign of cultural stickiness few brands can claim.
Mehta called Gen Z “discerning, not distracted,” adding, “If you give them something of value, they’ll stay longer than six seconds. If you don’t, they’ll scroll faster than your media spend”. For Nivea, that has meant rethinking everything from product development to influencer selection. She admitted, “We never imagined handing the brand to 500 micro-influencers. It’s scary. But it works. We’ve learned to let go.”
Mehra brought the data to the drama. “Eighty percent of Saregama’s digital engagement comes from Gen Z,” he revealed. But he didn’t stop there. At Saregama, anyone over 30 is officially banned from making music selection decisions. “Every song I pick flops,” he joked. “So we gave the reins to people who are the audience.”
The panel underscored several hard truths: celebrities don’t sell to Gen Z anymore; authenticity beats aspiration; brand values must go beyond the packaging; and content must be real, not rehearsed. “We don’t just test ads,” said Mehta. “We test brand values—and Gen Z fact-checks.”
Social listening emerged as a key tool. Batra said, “What Gen Z memes or shares tells us more than any focus group. But attention is expensive—you have to earn it.” Mehra warned against boardroom-led branding, urging top management to “let go” and hand creative control to younger teams.
As the session closed, panellists shared their Gen Z frustrations. Mehra struggled with their work-life boundaries (“They don’t answer calls after 7 pm”). Mehra cited their need for constant senior engagement. Mehra found it tough to keep up with their multitasking and content standards. “You really have to wow them—just being good isn’t good enough.”
Gen Z may be the toughest audience yet—but they’re also the most rewarding. And as Goafest day one showed, brands that don’t speak their language may soon be left un-sampled and unused.
(Pictured above: From left to right – Amarjit Singh Batra, Anuradha SenGupta, Geetika Mehta & Vikram Mehra.)
Brands
Google nears Nvidia in race for world’s most valuable company
Market cap gap narrows as Google hits $4.65 trillion, Nvidia at $4.86 trillion.
MUMBAI: In the AI gold rush, even the giants are sprinting and Google is suddenly gaining ground. Google is rapidly closing in on Nvidia in the race to become the world’s most valuable publicly listed company, with the gap between the two narrowing sharply amid diverging stock momentum. The tech giant’s market capitalisation has surged to around $4.65 trillion, following a more than 140 per cent rise in its share price over the past year.
That rally has added over $2.6 trillion in value in just 12 months, including nearly $900 billion since January alone. Its stock recently hovered at $381.80, slipping marginally by 0.04 per cent, but still reflecting strong upward momentum.
Nvidia, meanwhile, continues to hold the top spot with a valuation of approximately $4.86 trillion. The chipmaker crossed the $5 trillion milestone in October last year and peaked at $5.27 trillion on 27 April. However, its shares have largely plateaued over the past six months, rising just 0.2 per cent recently to $199.99.
The contrast in trajectories is striking. While Nvidia has seen relatively flat movement, Google has gained over 36 per cent in the same six-month period. Barron’s estimates suggest that if current trends hold, the valuation gap could shrink to as little as $190 million by the time Nvidia reports its first-quarter earnings on 20 May.
Daily momentum paints a similar picture. Nvidia recorded average daily gains of about 0.66 per cent last month, compared to Google’s stronger 1.42 per cent, an edge that could prove decisive in the short term.
Driving Google’s resurgence is its aggressive push into artificial intelligence across its ecosystem, from search and YouTube to cloud computing. The company has already invested $144 billion in capital expenditure over the past two years and plans to deploy a further $490 billion over the next two.
Its cloud division is also gathering pace. Google Cloud reported an order backlog of nearly $220 billion in the latest quarter, with total backlog touching a record $462 billion, around half of which is expected to be realised within two years. The company’s entry into chip sales is also beginning to factor into its growth narrative.
The last time Google briefly topped the S&P 500 by market value was in February 2016, when it edged past Apple for just two days. This time, the stakes and the numbers are far higher.
At the heart of the contest lies a single force: artificial intelligence. As both companies pour billions into infrastructure, chips and platforms, the leaderboard is no longer just about size, it is about who can scale the future faster.
