iWorld
GroupDrop Online launches social e-commerce portal in india
MUMBAI: Doing It Together has always been an entertaining affair. From picnics to assignments to sharing quality time with family, all of us have memories of doing unforgettable things together. These memories are hitched with us forever and are cherished for a lifetime. Inspired from this feeling of doing it together, GroupDrop Online has launched first of its kind social e-commerce portal in India with an aim to bring a change on how consumers perceive and buy products of their choice online. GroupDrop aims at leveraging the power of community purchase by bringing the like-minded consumers together and buy products at the best possible price.
The idea came to Gaurav Kapadia when he heard of a group of people in India who bought 150 high end luxury cars together at a discounted rate. This was such a big announcement that the CEO of the luxury car brand went down along with his senior management team to hand over the keys to the buyers. Gaurav soon roped in Shyam Gursahani and both of them then developed a business model to help like-minded people to meet with one another, on a common platform, share opinions and buy the products of their choice at an irresistible price. The portal will be dealing with wide range of products across automobile, audio, gaming and photography genres.
Speaking on the launch, GroupDrop director Shyam Gursahani said, “This is a proud moment for both Gaurav and I. We aim to connect people with similar likes and provide them with a common platform, where they can discuss all the pros and cons before buying a product. We want to leverage the power of the people in community purchase. This will help us become the preferred space to help consumers buy what they need and not what is offered at the best price, and promote the experience of #DoingItTogether.”
GroupDrop aims to grow and offer more choices to the customers. All products on GroupDrop are chosen, created, or inspired by people, which are called ‘drops’. Consumers can search for products they want, and discuss and vote for the products they would like to buy. Once the consumer decides what product they’d like to buy together, GroupDrop contacts the vendor directly on behalf of them to get a great group discount, and allows the consumer to buy the product by joining the drop.
iWorld
JioStar revenue hits Rs 9,784 crore as cricket fuels 22 per cent growth
A surge in digital viewership and sports dominance fuels a blockbuster quarter for the media giant
MUMBAI: JioStar is batting on a flat pitch. The media titan’s fourth-quarter results for the financial year 2026 reveal a business scaling new heights, propelled by an unprecedented appetite for premium sports and digital-first storytelling.
Gross revenue for the quarter soared by 22.15 per cent to Rs 9,784 crore, up from Rs 8,010 crore in the third quarter. Operationally, the momentum was equally strong; revenue from operations climbed 21 per cent to Rs 8,372 crore. These figures underscore the firm’s successful integration following the Reliance and Disney merger, creating a dominant force in the Indian market.
The annual performance has been nothing short of a spectacle. Full-year gross revenue reached a massive Rs 36,248 crore, while annual profit after tax hit Rs 3,210 crore. This rapid expansion reflects JioStar’s ability to capture and monetise the massive growth in India’s media consumption.
Cricket proved to be the ultimate growth engine. The ICC Men’s T20 World Cup 2026 and TATA IPL 2026 delivered “record-breaking viewership” across both television and digital screens. The World Cup final alone drew a global peak concurrency of 72.5 million on JioHotstar, cementing its status as the nation’s premier streaming destination. On television, JioStar maintained a commanding 34.2 per cent viewership share, reaching a staggering 810 million viewers nationwide.
The digital numbers were just as impressive. JioHotstar averaged 500 million monthly active users, driven by consistent subscriber growth and innovative AI-led content discovery tools. These advancements are ensuring that JioStar remains at the cutting edge of the global “Race for Attention.”
With a firm grip on the country’s most valuable sporting rights and a rapidly growing digital footprint, JioStar is perfectly positioned for the future. It has built the ultimate content powerhouse—one that is ready to dominate the Indian living room for years to come.
