Brands
Suzuki showcases Gixxer & SF BS-1V variants in trendy graphics
BANGALORE: Suzuki Motorcycle India Private Limited (SMIPL), a subsidiary of one of the world’s leading two-wheeler manufacturers, Suzuki Motor Corporation, Japan, recently celebrated the launch of their New 2017 Gixxer Series of motorcycles at the Gixxer Day with Aras Gibieza, European Freestyle Champion showcasing an exhilarating performance on the capable Suzuki GSX-S1000 at the Orion Mall in Bangalore.
The city witnessed the thrill of Gixxer Day 2017 celebrations with much fan-fare which will later be taken to fans in Pune, Mumbai, Kolkata and Delhi too. Suzuki Gixxer Day is a gathering of Suzuki Gixxer and Gixxer SF owners to celebrate the spirit of the hugely successful Street Sport Bike. The event was energized by European Freestyle Champion and Red Bull athlete Aras Gibieza, who mesmerized the crowd with his world class freestyle biking performance. Gixxer Day celebrations in Bangalore also offered scintillating dance and music performances which kept the motorcycle enthusiasts on their toes.
Additionally, a morning ride out session was organized for the Suzuki riders, by providing them an exciting opportunity to tour the city with Aras, which was followed by an interactive session where the two time European Freestyle Champion from Lithuania shared his biking experiences with Indian fans.
The New 2017 Gixxer Series displayed in Bangalore on the Gixxer Day boasted premium sporty looks while complying with Bharat Stage IV emission norms.
The new 2017 Gixxer variants are available in 3 colours- Pearl Mira Red and Glass Sparkle Black, Metallic Triton Blue and Glass Sparkle Black, and Glass Sparkle Black. The three colour variants of the new Suzuki Gixxer SF 2017 model include Metallic Triton Blue, Glass Sparkle Black and Metallic Mat Black, and Pearl Mira Red. Further, the 2017 Gixxer SF Fi variant is available in Metallic Triton Blue and Glass Sparkle Black with Metallic Mat Black colours. The 2017 variants of Gixxer, Gixxer SF and Gixxer SF Fi will be priced at Rs. 83,422, Rs. 92,716 and Rs. 96,624 respectively (Ex-Showroom, Bangalore).
SMIPL MD Satoshi Uchida said, “Gixxer has been our flagship motorcycle, which has been well appreciated by our customers and has developed a loyal customer base over the years. Suzuki wishes to cater to the appetite of Gixxer customers for more intense engagement with the brand. We have also incorporated Mega Service Camps to reach out to our customers and provide them an unmatched post purchase experience.”
Suzuki supplemented Gixxer Day with Mega Service Camps wherein special offers were provided on the service and spares of Suzuki vehicles. A lucky draw was also conducted for the participants, the winners of which got to take home exciting Suzuki merchandise.
Brands
UK’s OnlyFans seeks US investor at $3bn valuation after owner’s death
The adult video platform is seeking stability after the death of its billionaire owner
LONDON: OnlyFans is looking for a new partner. The London-based adult video platform is in advanced talks to sell a minority stake of less than 20 per cent to Architect Capital, a San Francisco-based investment firm, in a deal that would value the business at more than $3bn (£2.2bn).
The move is driven by an urgent need for stability. Leonid Radvinsky, the Ukrainian-American billionaire who owned OnlyFans, died of cancer last month at the age of 43, leaving the future of one of Britain’s most profitable privately held businesses suddenly uncertain.
The choice of Architect Capital is not arbitrary. The firm has deep expertise in financial services, which aligns neatly with OnlyFans’ ambitions to offer banking products to its creators, many of whom have long struggled to access basic financial services because of the nature of their work.
The numbers behind OnlyFans are, by any measure, staggering. The platform posted revenues of $1.4bn in the year to 30th November 2024, with a pre-tax profit of $684m, up four per cent on the prior year. Payments to creators totalled $7.2bn over the same period, a rise of nearly ten per cent. Radvinsky personally collected $701m in dividends from the business in 2024 alone, on top of more than $1bn in such payments he had already received. The platform, run through its parent company Felix International, hosts 4.6m creator accounts, with performers keeping 80 per cent of subscription proceeds and the platform pocketing the remaining 20 per cent. It has 377m fan accounts in total.
The current minority stake talks represent a notable scaling back of ambitions. In January, OnlyFans was reported to be in discussions with Architect about selling a majority stake of 60 per cent. Before that, the company had explored a sale to a consortium led by Forest Road Company, a Los Angeles-based investment firm. Neither deal materialised.
OnlyFans has built an enormously lucrative business on content that mainstream finance has long refused to touch. Now, with its owner gone and a $3bn valuation on the table, it is looking for the kind of respectable institutional backing that might finally persuade the banks to take its calls.
