iWorld
Chingari ties up with TPZ Records for music licensing
Mumbai: TPZ Records, the music label vertical of Talentpromoterz, has partnered with Chingari to promote its original songs on the short-video sharing platform.
The partnership will allow Chingari users to legally access the Indian music catalogue for creating short videos. At the same time, TPZ Records will be able to reach a larger audience in the smaller town through this association, said the statement.
Commenting on the development, TPZ Records’ owner and head of digital marketing, Pinkeesh Deveda said, “TPZ Records’ tie-up with Chingari will be a great opportunity for promoting our songs through the short videos format and for entertaining and motivating our audience as well. It will also enable us to reach out to a much larger audience.”
“The Indian short-video market has seen a steep new user spike in the last few months. Chingari has managed to get its fair share too. Our objective is to ensure new users keep increasing in numbers while maintaining the current user base. This partnership with TPZ Records will be the deal-breaker for both of us in reaching out to the masses and keeping them engaged,” added Chingari app, co-founder and CEO, Sumit Ghosh.
“Chingari is keen on exploring the engagement factor legally and entertainingly. Amidst increasing competition, such tie-ups will be engaging and offer options that are safe for us and our users,” remarked Chingari app, co-founder and COO, Deepak Salvi. “In the last few years, TPZ Records has created music videos in various Indian languages with mass appeal. And Chingari is a short-video sharing platform meant for the masses. We had to come together.”
iWorld
Tips Music CEO Hari Nair to step down
Girish Taurani and Sushant Dalmia to jointly steer the company as the hunt for a new chief begins
MUMBAI: A leadership shuffle is under way at Tips Music. Hari Nair, the company’s chief executive, will step down on April 30 as the music label begins the search for a successor.
The company said Girish Taurani, executive director, and Sushant Dalmia, chief financial officer, will jointly oversee operations during the transition while the board identifies a permanent replacement.
Nair joined Tips Music in 2023 and set about reshaping the veteran music label into a more digital, data-led enterprise. During his tenure, the company secured licensing and partnership deals with global platforms including Sony Music Publishing and TikTok, while renewing agreements with Warner Music Group.
Drawing on earlier experience in technology and entertainment, including a stint at ByteDance, Nair pushed the organisation towards a performance-driven culture. He built a brand partnerships division and introduced proprietary software systems aimed at strengthening digital distribution and data capabilities.
Kumar Taurani, chairman and managing director, credited Nair with embedding a data-led culture within the company and driving revenue growth in line with shareholder commitments.
In his resignation note, Nair said that after helping transition the label into a modern, digitally focused and process-driven organisation, the time had come to pursue his next leadership challenge.
The leadership change comes as the broader Tips Films group shows signs of financial stabilisation. In the third quarter of FY26 the company reported a net loss of Rs 2.86 crore, narrowing sharply from Rs 14.2 crore in the previous quarter. For the nine months ended December, losses stood at Rs 12.37 crore.
Yet revenue told a more volatile story. Income from operations slid to Rs 4 crore in Q3 FY26 from Rs 56 crore in the preceding quarter, taking total operating income to Rs 4.56 crore.
For a company built on a catalogue of more than 34,000 tracks and decades of Bollywood hits, the next chief will inherit both a digital engine and a volatile music market. The playlist may be familiar, but the next act at Tips Music is only just beginning.
